Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq's Ambassador to Kuwait, H.E. Mr. Al-Manhal Al-Safi, met on Friday with the Kuwaiti Minister of Electricity, Water and Renewable Energy, H.E. Dr. Mishaan Al-Otaibi. They discussed cooperation in renewable energy and natural gas, as well as developments in grid connection to supply Iraq with electrical power. (Source: MoFA)
By John Lee. Iraq is reportedly planning to build eight nuclear power stations to provide much-needed electricity. According to Bloomberg, the $40-billion scheme would provide 11 GW of power to the Iraqi grid. Click here to read the full article. (Source: Bloomberg)
By John Lee. British Foreign Secretary Dominic Raab has met with Prime Minister Kadhimi, President Salih, Foreign Minister Hussein and other high-ranking officials in the Iraqi Government. Foreign Secretary Raab reaffirmed the UK's commitment to Iraq through signing the UK and Iraq's Strategic Partnership. He met commanders from the Global Coalition against Daesh in which […]
Ten electricity plants were provided with transformers at a ceremony attended by Deputy Prime Minister Qubad Talabani in Koya town on Thursday. The Deputy Prime Minister commended the Koya transformer project and addressed developments in the electricity sector, including the Kurdistan Regional Government's decision to go all in on natural gas. "The power generation costs […]
By John Lee. The Station Foundation for Entrepreneurship announces a collaboration with the law firm Al Muhamoon Al Mutahidoon. According to a statement from The Station, this collaboration arose from the two parties' desire to collaborate in an effective manner in order to support startups, particularly those located in The Station's coworking space, for the […]
By John Lee. The U.S. Consulate General in Erbil has announced an intellectual property video contest. Participants are asked to submit an original video that demonstrates Intellectual Property ideas such as patents, trademarks, copyrights, and other topics relevant to the theme of intellectual property. Examples may include videos that discuss or demonstrate the importance of […]
New Era of Mapping Digital Local Solutions to Tackle Development Challenges in Iraq by UNDP Accelerator Lab Humans have continuously developed means to adapt, progress, and face daily challenges. Today, we call these means "technology", and we use it daily to communicate, learn, work, and connect to the outside world. Technology has continued to develop, […]
By John Lee. The UAE's Ambassador to Iraq, Salem Issa Al Zaabi, has reportedly to the Federation of Iraqi Chambers of Commerce that several major Emirati companies want to invest in Iraq. Salem Issa Al Zaabi added that he had a productive meeting with the Federation's President, Abdul Razzaq Al Zuhairi, who said that Iraq […]
By John Lee. At its regular meeting on Tuesday, the Iraqi Cabinet agreed to send an invitation, "in a single bid manner", to the French company Total to invest in a project to generate 1,000 megawatts of solar electric power. The project was originally agreed in March as part of a larger engagement with the […]
The IBBC Agritech seminar examined the possibilities and opportunities for a modern agricultural industry in Iraq. Drawing from international NGO insights from the UN's ITC, the World Bank and two of the UK's leading agritech innovation institutions, the distinguished audience heard what technologies and investment are possible for Iraq to embrace. Padraig O'Hannelly, MD of […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for May of 89,881,268 barrels, giving an average for the month of 2.899 million barrels per day (bpd), slightly down from the 2.947 million bpd exported in April. The exports from the oilfields in central and southern Iraq amounted to approximately 86,820,355 barrels, […]
Entrepreneurs Network and Gain Skills at USAID-Top Mountain Business Canvas Conference in Erbil U.S. Consul General Rob Waller spoke with the over 250 entrepreneurs and job seekers at the second-annual Top Mountain Business Canvas Conference on May 27 at the Rotana Hotel in Erbil. The Business Canvas Conference, supported by the United States Agency for […]
