Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Women Lead the Way in Iraq

By John Lee. On the occasion of International Women's Day, the United Nations Development Programme (UNDP) has published a series of articles on the theme of women in Iraq: Women Lead the Way in Iraq Meet Lara Youssif Zara, the first female mayor of Northern Iraq's Alqosh Ahwari women, The beating heart of the Iraqi […]

COVID-19 and Environmental Sustainability in Iraq

Impact of COVID-19 on Environmental Sustainability in Iraq Impact of COVID-19 on Environmental Sustainability in Iraq is the fifth in a series released by UNDP on the impact of COVID-19 in Iraq. It emphasizes how the pandemic has exacerbated Iraq's environmental fragility, which was already affected by legacies of conflict, lack of significant public sector and governance reforms, loss of […]

PM Pushes Economic Cooperation with Egypt

By John Lee. Prime Minister Mustafa Al-Kadhimi has received a delegation from the Egyptian General Authority for Investment and Free Zones, headed by Counselor Mohamed Abdel-Wahab. The Prime Minister stressed the importance of cooperation and economic ties between Iraq and Egypt, and expedited the completion of the integrated industrial zone that was agreed to be […]

Armenia opens Consulate General in Erbil

By John Lee. Armenia has opened a Consulate General in Erbil. Arshak Manukyan, the Consul General of Armenia in Erbil, delivered opening remarks at the event, welcoming guests and presenting the goals and upcoming programs of the diplomatic mission. The Consul General noted that due to active contacts with the counterparts from Iraqi Kurdistan during […]

Iraq to buy Chinese COVID Vaccine

By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At the start of the meeting, the Prime Minister praised the efforts of state institutions and agencies to ensure the implementation of curfew regulations, and thanked all citizens for adhering to preventative health measures. Following […]

Baghdad Firm to import US Cosmetics

By John Lee. AA for Global Trading and Commercial Agencies has been appointed exclusive agent and distributor in Iraq for the American E.T. Browne Drug Company. The Baghdad-based company says it has already started importing, marketing and distributing skin care, beauty and hair products of one of the company's top brands, Palmer's. (Source: AA)

ICSID Denies Agility's $380m Claim against Korek

Kuwaiti-based logistics provider Agility has said foreign investors "should think carefully about the perils of investing" in Iraq, following a ruling by an international arbitration panel to deny its claims that Iraqi officials expropriated $380 million invested by Agility in an Iraqi telecom company. The ruling, by a panel constituted by the International Centre for […]

Coronavirus: Iran to Shut Border with Iraq

Iran's minister of interior unveiled plans to shut the border with Iraq in the southwestern province of Khuzestan in order to contain a new wave of the coronavirus pandemic. Speaking to reporters on Saturday, Abdolreza Rahmani Fazli said the Coronavirus Fight National Headquarters has made new decisions to control the coronavirus in Khuzestan province, where […]

Applications Open for Business Incubator Program

By John Lee. Applications are now open for the Orange Corners Baghdad incubation program. If you have an innovative e-commerce idea or solution, this program will advance you in the entrepreneurial world in just six months. Orange Corners Baghdad supports Iraqi youth in bringing their entrepreneurial ideas to life. Through a six-month incubation programme, it […]

US Consul General supporting American Brands in Kurdistan

By John Lee. US Consul General Robert Waller has met with Ahmed Qadir [Ahmad Kadir Ismail Al Majidi], Chairman of HewaHolding, which owns the Fatburger and The Coffee Bean and Tea Leaf franchises in Erbil. While visiting Erbil's Majidi Mall, they discussed the company's future plans to expand and bring other American brands to the […]