Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Writing in the Financial Times, Iraqi President Barham Salih argues that addressing climate change represents an opportunity for Iraq and the region to introduce measures that will leave them on a more solid foundation as they face the challenges of the decades to come. Click here to read the full article (subscription required) (Picture: Tigris […]
UNICEF calls for urgent action to address water scarcity and its impact on children and young people's lives in Iraq ahead of COP26 Children and young people in Iraq are the most at risk of the impacts of climate change especially water scarcity, threatening their health, education, and protection, and exposing them to deadly diseases. […]
By John Lee. China's CITIC Construction has won the bid for the first and second phases of AI Khairat heavy oil power plant in Iraq. Yang Jianqiang, Deputy President of CITIC Construction, held talks with Mazin Wajih, Chairman of Harlow International, in Dubai representative office, and received the letter of acceptance issued by Mazin Wajih. […]
UNFPA launches Social Responsibility Skills for Young Entrepreneurs Project UNFPA and the Ministry of Labour and Social Affairs with the Ministry of Culture and Youth in the Kurdistan Regional Government launched the Social Responsibility Skills for Young Entrepreneurs project in Erbil. The project was based on the success story of the "Orange Corners Erbil Programme" […]
Climate Change Awareness Raising Workshop The UN Environment Programme (UNEP) in Iraq, in partnership with UNDP and Ministry of Environment, conducted a two-day training workshop in Erbil on Climate Change within the implementation of the Iraq National Adaptation Plan Project (NAP) aiming at "building the institutional capacity to advance the National Adaptation Plan process in […]
IBBC's Autumn conference is back with a bang and open for business engagement. On 22nd November this year the overarching conference topic is looking to the future with 'sustainability'- whether in terms of energy and renewables, the Iraqi economy and its diversification, or sustaining finance, logistics and training. Underpinning much of this is the application […]
By John Lee. Iraq reportedly plans to invest $3 billion annually to transition from burning liquids to burning natural gas in its power plants. Deputy Prime Minister and Finance Minister, Ali Allawi (pictured), told the Middle East Green Initiative Forum in Saudi Arabia that Iraq will also end gas flaring by 2025. He also recommitted […]
By John Lee. India's TVS Motor Company, which makes motorcycles and three-wheeled vehicles, has signed an agreement to strengthen the company's presence in Iraq. UAE-registered ARATA International FZC, a subsidiary of Oman's Bahwan International Group (BIG), will distribute TVS vehicles in Iraq. The deal was signed by Sheikh Ahmed Bahwan, Chairman of BIG, and Mr […]
By John Lee. Iraqi e-commerce company Orisdi has signed a six-figure deal with Al Sharqiya TV. Sharqiya is one of the largest media groups operating in Iraq, having launched the country's first fully independent privately-owned satellite TV channel in 2004, complemented by the addition of the Sharqiya News channel in 2008. The investment round was facilitated […]
By Federico Borsari, for the Italian Institute for International Political Studies (ISPI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. It's Time to Rethink the EU Strategy Towards Iraq The EU should prepare for a deeper and more comprehensive engagement with the full […]
By John Lee. Deloitte has published its "Doing Business Guide Iraq", which highlights key areas of consideration for businesses who are looking to invest in the country, as well as those who are already present, but are looking to undertake a review of their tax exposures. The report provides businesses with insights on the legal […]
By John Lee. Iraq's National Data Center Department, in the General Secretariat of the Council of Ministers, has held a meeting to discuss a system for controlling data on water and electricity lists and linking them to the actual property occupant. Importantly, the meeting included discussion of electronic payment and collection mechanisms. The meeting was […]
