Archive | Iraq Industry & Trade News

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

Program To Support SMEs in Anbar

From The Station. With the continuing pandemic, businesses around the world are struggling to deal with the impact of successive lockdowns, a wider recession that will have, and already has, a profound impact on employment rates as well as maintaining supply chains in their current form. This situation in Iraq is exacerbated by the traditional […]

Siemens to rebuild West Mosul's Super-Grid Station

Siemens Energy and the Ministry of Electricity of the Republic of Iraq signed a contract to construct Iraq's West Mosul 400-kilovolt (kV) super grid station, which will provide reliable and efficient power supply to around 700,000 Iraqi citizens in northern Iraq, particularly the Nineveh province. The construction of the Mosul station, which was destroyed in […]

COVID-19: Iraq announces 10-Day Lockdown

By John Lee. The Iraqi Cabinet on Tuesday approved a recommendation by the Higher Committee for Health and National Safety to impose a 10-day full curfew from May 12th to 22nd, following a rise in COVID-19 infections across the country. All malls, restaurants, cafes, cinemas, event and wedding halls, swimming pools and gyms will be […]

Video: IBBC's fourth Member Introduction Session

From the Iraq Britain Business Council (IBBC): With four participants including Padraig O'Hannelly from Iraq Business News (IBN) who provides an overview of what's been happening in Iraq especially the price of oil and the benefit of simpler visa system: Wajdi AbouIzzeddine, Director of Operations (Iraq) of the DAR Group Amar Raouf, Director of Development […]

IBBC launches New Paper on Corruption in Iraq

Iraq Britain Business Council (IBBC) seminar to launch Professor Frank Gunter's publication on Corruption in Iraq: Corruption Worse Than ISIS: Causes and Cures for Iraqi Corruption In a well-attended online seminar, with leading International and Iraqi businesses, Embassy officials and media, Professor Frank Gunter outlined some of the key points in his paper on Corruption in […]

Foreign Engineers Detained "in Solitary Confinement" in Iraq

By John Lee. An Australian engineer and his Egyptian manager have reportedly been held without charge, and in solitary confinement, in Iraq for the past three weeks. Robert Pether, who lives in Ireland, is said to have been called to Iraq to discuss a dispute between his employer, UAE-based EKO Engineering Arabia, and the company's […]

KAPITA launches New Co-Working Space in Baghdad

KAPITA launches a new co-working space in Baghdad dedicated to supporting Iraqi entrepreneurs KAPITA, in partnership with Iraqi Angel Investor Jafar Musawi (CEO of Atlas Plast), have opened up a new co-working space in Baghdad that aims to support the growing entrepreneurship and small business sector in Iraq. The newly opened space 'CoWork', is a […]

Iraq in Talks to build Nuclear Reactors

By John Lee. Iraq is reportedly in talks with Russia, France and the United States regarding the construction of three civil nuclear reactors. According to The New Arab, the Head of the Iraqi Radioactive Sources Regulatory Authority (IRSRA) said that several preliminary meetings had been held to study the feasibility of setting up the reactors. […]

Can New Tech Save Iraq's Old Economy?

By Bilal Wahab and Michael Rubin, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can New Tech Save Iraq's Old Economy? As the United States recalibrates its relationship with Iraq, the advent of Iraq's cyber economy also provides an opportunity […]