Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iraq Business News is delighted to bring you a major new guide to business in Iraq. Published by Allurentis, in association with Iraq’s National Investment Commission (NIC), Iraq 2020 - Discovering Business contains a wealth of case studies, commentary and data; it’s 68 pages of essential reading for everyone with an interest in the redevelopment […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Erection a new factory for production of Chorine /Caustic Soda – State Company for Petrochemical Industries Production of tractors, State Company for manufacture of cars and equipment Production of power transmission towers, State Company for Automotive Industry (SCAI) (Source: National Investment Commission)
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Many of Iraq's protesters have been driven by worries about the economy and high unemployment levels. But months of demonstrations, along with a weak government, have pushed an already struggling economy to the […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. This article was originally published by the LSE Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Demands for the expulsion of US troops following the killing of Iranian general Qassem […]
IBBC hold Council Meeting, Sector roundtables, Reception & Dinner for Members on 28 and 29 January The Iraq Britain Business Council (IBBC) held its Council Meeting, Dinner & Reception for IBBC Members and distinguished guests on 28 January. The Council Meeting, hosted by Baroness Nicholson of Winterbourne, President of IBBC and the Prime Minister’s Trade […]
The State Company for Military Industries (SCMI), under the authority of Ministry of Industry and Minerals, has invited investors to participate in the following investment opportunity: Transfer of Technology (TOT) and lndustry for hunting-rifle cartridges (Ga 12,16,20). Interested companies can obtain all the documents and tender conditions from the commercial department in the head office […]
By John Lee. The CEO of Germany's Siemens has said that US President Donald Trump would support his company's role in reconstruction projects in countries like Iraq. Joe Kaeser (pictured) made the comment to CNBC at the World Economic Forum (WEF) in Davos, Switzerland. Following a hotly-contested competition in 2018, it was agreed that Siemens […]
Iraqi government’s finance schemes to support SMEs and business innovation To support small and medium private-sector projects, the Iraqi government, through the Central Bank of Iraq (CBI) and with the participation of a number of private and state-owned banks, has made available several types of loans. The loans are available to all Iraqis. According to […]
By John Lee. Transparency International has said that Iraq's ranking has risen slightly in its global Corruption Perceptions Index (CPI). From a total of 180 countries, Iraq came in at number 162; last year's position was 168 out of 180 countries. This result puts it on equal ranking with Chad and Cambodia. Libya was ranked […]
KRG Prime Minister Masrour Barzani and Deputy Prime Minister Qubad Talabani chaired a meeting of the cabinet on Wednesday to discuss implementing best practice for the taxation system of the Kurdistan Region. The ministers reviewed an internal pilot project tasked with developing a new legal and auditing framework. The framework updates current auditing practices and […]
By John Lee. A recently established tote bag factory has reportedly created jobs for 25 women in the Kurdistan Region's Halabja. According to Rudaw, the initiative aims to promote alternatives to plastic, and is part of the "Green City Halabja" campaign, run by the NWE NGO and partially funded by the German Consulate and WADI […]
KRG cabinet discusses reform agenda and public-private partnerships KRG Prime Minister Masrour Barzani and Deputy Prime Minister Qubad Talabani on Wednesday chaired a meeting of the cabinet to discuss the Kurdistan Regional Government’s ambitious reform agenda and the implementation of public-private partnerships. Prime Minister Barzani welcomed the cabinet’s support for the government's reforms, which will […]
