Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Mark Bryson-Richardson MBE has been appointed as the new British Ambassador to Iraq, taking over from Stephen Hickey. He will take up his appointment in July. Mr Bryson-Richardson has previously served as Deputy Head of Mission in Baghdad in 2013-14. More here. (Source: UK FCDO)
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq automates its customs service to reduce corruption at border crossings The Iraqi government has taken several new initiatives to fight corruption, from automating border crossings, arresting corrupt figures […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. When will Iraq's envisioned industrial cities fire up? The previous Iraqi government headed by Adil Abdul Mahdi (Oct. 2018-May 2020) concluded a number of ambitious agreements to establish joint industrial cities with neighboring […]
By Toby Dodge and Dr Renad Mansour, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Politically sanctioned corruption and barriers to reform in Iraq This paper explores the pernicious effects of politically sanctioned corruption on governance in Iraq. This type of […]
Advertising Feature The Greece Golden Visa is a residency by investment program. It allows investors the opportunity to invest in Greece's real estate sector, in exchange for a permanent residence there. Data from Enterprise Greece (an official agency of the Greek State) indicate that a total of 8.011 investors have gained Greece Golden Visa. The […]
By John Lee. Baghdad-based Iraq Technical Support for Trading and General Contracts Ltd. has won contracts with the United Nations Office for Project Services (UNOPS) for the provision of ICT equipment to Iraq: Lot 1 - Laptops , Monitors and Keyboard Kits: Contract value $19,327.00 Lot 2 - Smart Mobile Phones: Contract value $3,839.00 Lot […]
By John Lee. KRG Prime Minister Masrour Barzani has laid the foundation stone of a potato production factory in Duhok, which is set to provide 500 jobs and make use of local potatoes. In his speech at the ceremony the PM said: "This is a great support for our people to rely on themselves, so […]
By John Lee. Oxfam's Iraq Response Innovation Lab has shared a video summarizing the pitching event for one of its incubations under the GoGreen initiative for promoting social innovation. This is the first Social Enterprise incubation in Iraq with the participation of local NGOs. Please click here to view more information on the following businesses: […]
The United Nations Development Programme (UNDP) in Iraq welcomes an additional DKK 50.3 million (US$8 million) contribution from the Government of Denmark to its flagship Funding Facility for Stabilization (FFS). The funding will support the safe return of people in areas liberated from ISIL in Iraq by rehabilitating critical infrastructure, creating livelihoods and building social […]
Five One Labs, a start-up incubator for entrepreneurs based in the Kurdistan Region of Iraq (KRI), has announced the grant recipients of its Growth Funding Project (GFP). The program aims to support early- and later-stage startups that were impacted by COVID-19 with seed funding grants to grow their businesses, as well as business advisory from […]
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)
