Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Iraqi Parliament has ratified a previous decision of the Iraqi Cabinet to accede to the New York Convention (1958) on the arbitration of international disputes. The law will be implemented from the date of its publication in the official gazette. It is expected to give greater protection to international companies doing […]
By John Lee. Prime Minister Mustafa al-Kadhimi has spoken of creating a "New Mashreq", to harness the broad common interests between Iraq, Jordan and Egypt in order to create a prosperous economic zone that will benefit all countries in the region and in which Iraq would play a major role. Addressing staff at the headquarters […]
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed Iraq's decision to lift the requirement to obtain entry visas prior to arrival in Iraq. In a statement on Tuesday, Christophe Michels, Managing Director of the IBBC, said: "The IBBC has long lobbied for a simpler access to Iraq for business-people, and this program […]
This report provides a general overview of the Iraqi electricity sector. It gives a glimpse of the electricity infrastructure starting with electricity generation, transmission, and distribution in Iraq. This publication is part of Business LANDSCAPE series which a series of research publication aims to highlight the current situation of Iraq's economy and private sector through […]
On 15th March the Iraqi Union of Accountants and Auditors signed a cooperation agreement with its UK counterpart, the Institute of Chartered Accountants in England and Wales (ICAEW). The signature of this important agreement for both countries was witnessed by IBBC President and UK PM's Trade Envoy Baroness Nicholson, Iraq's Parliament First Deputy Speaker HE […]
By John Lee. The Iraqi government has launched what it describes as "an exceptional programme" to lift the requirement to obtain entry visas prior to arrival in Iraq. The new scheme will apply to citizens of: Countries that are permanent members of the UN Security Council (USA, UK, France, the Russian Federation and the People's […]
By Hamidreza Azizi and Vali Golmohammadi, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Are Iran and Turkey on a Collision Course in Iraq? Friction between Tehran and Ankara in Iraq is rooted in balance-of-power considerations and their quest for […]
Orisdi, a leading e-commerce store in Iraq, has successfully raised a six-figure bridge round. Iraqi Innovators reports that the round was led by Innovest Middle East VC and a group of angel investors including Amar Shubar, Partner at Management Partners Consulting, and Omar Al-Handal, Managing director of Al Handal International Group. Orsidi was founded in […]
By John Lee. Pakistan-based Lucky Cement has announced that it started commercial operations at its new cement production facility in Samawah on Wednesday. In a statement to the Pakistan Stock Market, the company said the new plant [Najmat-Al-Samawah (NAS)] has a capacity of 1.2 million tonnes per annum, and is a joint venture with Al-Shamookh […]
USAID and Top Mountain Announce 15 Iraqi MSMEs to Receive In-Kind Grants The United States Agency for International Development (USAID) and Top Mountain have launched a Business Accelerator Project to assist micro, small, and medium-sized businesses (MSMEs) in Iraq recover, develop, and grow their businesses. Today, Top Mountain announced the names of 15 Iraqi MSMEs […]
On Monday, 8th March the Iraq Britain Business Council (IBBC) held a well attended Women's Group discussion to celebrate International Women's day. The discussion was chaired by Ms. Samar Thamer Al Mafraji, Managing Director, AMS Iraq with the speakers including Mrs Vanessa Douglas, Senior VP/Director HR & Admin, SKA International Group DMCC; Mrs. Hadeel Hassan, […]
The Iraqi Economists Network (IEN) has just published a new report from our Expert Blogger Dr Amer K. Hirmis, which we re-publish here with the author's permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. World Bank's assessment is flawed: Manufacturing is viable in […]
