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Archive | Iraq Industry & Trade News
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Tags: featured, Iraq Britain Business Council (IBBC), micro- small- and medium-sized enterprises, micro-small-and medium-enterprises, mn, MSMEs, SMEs, United Kingdom
New Study to help Strengthen Iraq's Private Sector
The Ministry of Planning's Central Statistical Organization (CSO) in partnership with the United Nations Development Programme (UNDP) and with funding from the United States Agency for International Development (USAID) has launched a study on Micro, Small, and Medium-Enterprises (MSMEs) in Iraq. The study provides an evidence base to inform policies and strategies aimed at creating […]
Tags: Central Statistics Organization (CSO), European Union (EU), featured, micro-small-and medium-enterprises, MSMEs, private sector, U.S. International Development Finance Corporation, United Nations (UN), USAID
Iraqi PM visits Iran, Aims to Expand Trade
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi visited Tehran on Sunday and met with Iran's President, Ebrahim Raisi. According to media sources, Kadhimi is the first first foreign leader to meet the new Iranian leader. He also met the Speaker of the Iranian Shura Council, Muhammad Baqir Qalibaf, and the First Vice President of […]
Elsewedy and TTC complete Substations in Iraq
By John Lee. Elsewedy Electric and Toyota Tsusho Corporation (TTC) have reportedly announced the completion of four electrical substations in Southern Iraq. According to Zawya, the $546-million contract was signed in February 2018, with the participation of the Japan Bank for International Cooperation (JBIC), Bank of Tokyo-Mitsubishi UFJ, and Sumitomo-Mitsui Banking Corporation, under insurance cover […]
Tags: Bank of Tokyo-Mitsubishi UFJ, Electricity In Iraq, Elsewedy Electric, featured, Japan, Japan Bank for International Cooperation (JBIC), Nippon Export and Investment Insurance (NEXI), Sumitomo Mitsui Banking, Toyota Tsusho
Updated Cooperation Framework for Sustainable Development in Iraq
UN and Government of Iraq sign the updated Cooperation Framework for Sustainable Development to support prosperity and development The Government of Iraq and the United Nations have signed the updated version of the Sustainable Development Cooperation Framework (UNSDCF) 2020-2024, which will guide the work of the UN system in Iraq. The signing ceremony for the […]
Sandoog to offer Order Fulfillment Service
By John Lee. Iraqi last-mile delivery service Sandoog has announced that it is releasing an upgraded platform to serve local and international e-commerce enterprises looking to reach customers in Iraq at scale. The new service now offers order-fulfillment capabilities, which means stock can be stored at its facilities and delivered to customers nationwide. And with […]
TotalEnergies signs $10bn New Deals in Iraq
TotalEnergies, the Iraqi Ministries for oil and electricity, and the country's National Investment Commission (NIC) have signed, in the presence of the Prime Minister of Iraq, major agreements covering several projects in the Basra region, designed to enhance the development of Iraq's natural resources to improve the country's electricity supply. Iraq, a country rich in […]
Tags: Artawi, Basra News, Common Seawater Supply Facility (CSSF), Common Seawater Supply Project (CSSP), desalination, featured, France, mn, National Investment Commission (NIC), Ratawi, renewable energy, solar power, TotalEnergies
Iran Slashes Natural Gas Exports to Iraq
By John Lee. An Iranian official has said that Iran's natural gas (methane) exports to Iraq have been reduced, but not because of arrears owed by Iraq. Mohammad Reza Julaei , the Dispatching Director of the National Iranian Gas Company (NIGC), told Shana that exports have been reduced by 38 million cubic meters per day; […]
KRG issues Investment Guide with New Opportunities
By John Lee. The Kurdistan Regional Government (KRG) has issued a new 77-page guide for investors in the region. It lists opportunities in many sectors of the economy, along with useful data and background information. Click here to download the full report. (Source: KRG)
AA to distribute Laboratoires Gilbert in Iraq
Iraq Britain Business Council (IBBC) member AA for Global Trading and Commercial Agencies has announced that it has started importing the products of Laboratoires Gilbert of France to Iraq, as per an agreement signed in 2020. Based in France's Normandy region, Laboratoires Gilbert manufactures and markets 30 brands and 1,900 references such as Physiodose, Physiolac, […]
Tags: AA for Global Trading and Commercial Agencies, featured, France, Iraq Britain Business Council (IBBC), Laboratoires Gilbert, United Kingdom
KRG to tackle Cost of Bread
By John Lee. The Kurdistan Regional Government has said it is working on addressing the rising costs of bread and other basic commodities. In a statement, it said that the relevant ministries and administrative authorities will aim to assist bakeries in the near term, and address the reliance on imported flour in the long term […]
Iraq ratifies Mauritius Convention on Transparency
With the deposit of the instrument of ratification at the UN Headquarters in New York, Iraq becomes the ninth State Party to the United Nations Convention on Transparency in Treaty-based Investor State Arbitration, also known as the "the Mauritius Convention on Transparency". Iraq joins Australia, Benin, Bolivia, Cameroon, Canada, Gambia, Mauritius and Switzerland as a […]