Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Harekar Company for Security Services LLC has won a contract with the United Nations Office for Project Services (UNOPS) to supply Vehicle Rental Services for the United Nations Mine Action Service (UNMAS) Iraq Programme in Erbil. The contract is worth $119,700. (Source: UNGM)
A 29 MW gas-fuelled power plant supplied by the technology group Wärtsilä to the Umm Qasr Ports Authority Zone in Basra, Iraq, commenced commercial operations in February. The plant ensures availability of a reliable supply of electricity to the port's operations, which had previously been subject to frequent power interruptions. The Wärtsilä plant was ordered […]
By Robbie Gramer, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Fears Mount as Trump Administration Guts USAID's Iraq Presence The United States' top aid agency is dismantling its presence in Iraq, leaving a skeleton crew ill-equipped to oversee over […]
By John Lee. Applications are open for Re:Coded's Mosul Bootcamp, which starts on 4th April. Everyone between 18-35 can apply for a full scholarship, which is taught in English and is free for those who are accepted. Check the application form for more information or reach out to us via email at [email protected]. The application […]
An Iranian official denied the “fake” reports about the closure of the common border with Iraq, saying Iranian trucks are exporting commodities to the Arab country via all border crossings without any problem. In an interview with Tasnim, chairman of the Iran-Iraq joint chamber of commerce, Yahya Al-e Eshaq, said Iranian trucks are exporting shipments […]
By John Lee. According to statistics from Turkey's official statistical office, TurkStat, the country sold $20 million more to Iraq in January than it imported. In January 2020, Turkey's main partner country for exports was Germany with $1.415 billion, followed by Italy with $888 million, the United Kingdom with $869 million, Iraq with $816 million,s […]
By John Lee. GB Auto (Ghabbour Group) has reportedly decided to cease its representation of Hyundai passenger cars in Iraq. According to Daily News Egypt, the company rejected Hyundai's new multi-distributor strategy, on the basis that such models never yield proper returns on investment. It adds that Hyundai had a market share of approximately 25 […]
By Joe Snell for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. New solar park to ease Iraqi governorate's power shortage No one batted an eye when the power abruptly cut off in English teacher Miriam Zia's 11th-grade classroom at the […]
A group of organizations supporting start-ups in Iraq have joined forces to create the Iraqi Innovation Alliance (IIA). The initiative, which includes Fikra Space, Kapita, The Station, 51Labs, Basra Science Camp, and Re:Coded, aims to empower and support technology and entrepreneurship communities around the country. The process to create its brand identity was led by CrazyTown […]
Registration is now open for Tenth Iraq Day at the Mansion House on 30 March 2020 Tenth Iraq Day at The Mansion House IBBC Spring Conference 2020 ‘Iraq – Open for Business’ 30 March, The Mansion House, London This could be the year Iraq gets serious about reform and investment. For too long, Iraqi Governments […]
Roadmap to Startup Iraq, your guide to register a startup in Iraq. It is a guideline for every entrepreneur in Iraq to know how to register her/his startup legally and know from A to Z the requirements of registration. It will show you why you need to register your startup, detailed road from reservation of […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It can be hard for young Iraqi graduates to get a job – in Iraq’s oil-dependent, rentier economy, the government still provides most of the employment and as the population […]
