Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Siemens Energy and the Iraqi Ministry of Electricity have signed a contract for the Al Hamudhia substation, which will provide reliable and efficient power supply to the cities of Ramadi, Fallujah, Saqlawyah, Khalediyah and surrounding areas in Al Anbar governorate, North West of Baghdad. Located about 20 kilometers away from Ramadi city, the turnkey 400- […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Some of Iraq's most traditional craft works are at risk of vanishing, as a nationwide financial crisis hits home-grown industries. The government hopes prioritising the development of its private sector will help its […]
Iraq's economy could reach irreversible lows within the next year unless urgent reform measures are adopted, its Finance Minister warned in an exclusive interview with AFP on Monday. More here. (Source: AFP)
New Zealand's Foreign Affairs Minister, Winston Peters, has announced the closure of the New Zealand Embassy in Baghdad. Mr Peters said: "This decision to permanently close the Embassy was not taken lightly and is in no way an indication of any change in the value that New Zealand places on its relationship with Iraq. "The […]
The Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At the start of the meeting, the Prime Minister thanked health teams for their sacrifices on the front line during the Covid-19 pandemic. The Cabinet received a briefing from the Minister of Health on the latest developments and the […]
The Iraq Britain Business Council (IBBC)'s Young Executives Network held a Webinar on Wednesday highlighting the effects of COVID 19 and how the YEN can offer to support their members during this difficult period. On the Panel was Mr Sammy Sharifi Co Chair of IBBC YEN, Ms Layla Al-Hassani of BP & Co Chair of […]
Governor of the Central Bank of Iran (CBI) unveiled plans for using a joint mechanism with Iraq to purchase basic commodities and items excluded from the list of anti-Iranian sanctions. Iran's top banker Abdonnaser Hemmati, who is on a visit to Iraq with a ranking economic delegation, held a meeting with his Iraqi counterpart Ali […]
IBBC Advisory Council's discussion goes public on the white paper 'Iraq 2020: a country at the crossroads.' Today over 300 people signed up the IBBC Advisory Council's public discussion on the white paper - Iraq 2020: a country at the crossroads, sponsored by Iraq Business News ( IBBC media partner) and in conjunction with Chatham House […]
Prime Minister Masrour Barzani chaired a meeting via video conference on Monday on the state of Kurdistan Region's customs, border crossings, and companies providing service. In the meeting attended by Deputy Prime Minister Qubad Talabani and other ministers, the Prime Minister reaffirmed ongoing efforts to carry out financial reforms; organise trade, and review tax exemptions […]
Small and Medium Enterprises (SMEs) have been heavily affected by the COVID-19 pandemic, due to the closures and reduced working hours recommended to curb the spread of the virus. To better understand the impact of COVID-19 on SMEs, IOM Iraq conducted a survey with 456 enterprises active in different sectors in urban areas of Iraq […]
You are invited to hear a discussion of the IBBC Advisory Council's paper on 'Iraq 2020, a country at the crossroads' When: Monday 15th June at 2pm UK Where: Zoom Platform The paper published for the new Iraqi Government recommends a number of decisive changes to be implemented without delay, in order for Iraq to be […]
By John Lee. Linxon Sweden AB has signed a contract with the Iraqi Ministry of Electricity to build 132-KV power transmission stations in Baghdad, Kut and Diwaniya. The contract was signed in Stockholm in the presence of the Ambassador of the Republic of Iraq in Stockholm, Mr. Ahmed Al-Kamali. Linxon is a joint venture company […]
