Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. At Iraq Business News, we are often asked how we see Iraq developing over the coming months and years. The truth is that none of us has a crystal ball, but it's possible that some data from our website may give a feel for the direction of sentiment towards Iraq: Pageviews for […]
By Alice Bosley and Patricia Letayf, Co-Founders of Five One Labs. At Five One Labs, we work with idea or early-stage entrepreneurs from diverse communities to launch scalable, innovative businesses. We’ve had the privilege to work with tech startups like Dada, PHARX, Khanoo and more, and deeply understand the struggles that entrepreneurs who pursue apps, […]
By Nick O'Connell, Partner, Al Tamimi & Co. This briefing note was originally published by lus laboris and is republished with permission by Iraq Business News. In Iraq the European Union's General Data Protection Regulation (GDPR) has had limited impact. There is currently no modern data protection law in Iraq, and there is accordingly no […]
By John Lee. Prime Minister Adel Abdel Mahdi has reportedly said that Iraq will join China's "Belt and Road" [One Belt One Road] initiative. According to AFP, he made the announcement in a meeting with Chinese President Xi Jinping during a state visit to the country. President Xi said that China would like "to push […]
By John Lee. Iraq has reportedly expelled a visiting Taiwanese business delegation from the country. According to Focus Taiwan, the Taiwan External Trade Development Council (TAITRA) was abruptly notified that the delegation's visas had been canceled a few days after its members had arrived in the country. The delegation was scheduled to visit Baghdad and […]
From Middle East Monitor, under a Creative Commons licence. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq and Kuwait are at loggerheads over conflicting maritime border claims Efforts to resolve a slow-burning maritime boundary dispute between Iraq and Kuwait hit a dead […]
By John Lee. The Kurdistan Regional Government (KRG) has agreed that it will update and fully implement legislation on intellectual property, protecting the Kurdistan Region’s entrepreneurs, academics and businesses from infringement. A legal committee will also be established to review new draft legislation for approval in this session of the Kurdistan Parliament. (Source: KRG)
By John Lee. Foreign Minister Mohamad A. Alhakim received a copy of the credentials of the Dutch Ambassador to Baghdad Mr. Eric Strating. The bilateral relations between Baghdad and The Hague were discussed, as well as methods for enhancing fruitful bilateral cooperation in various fields, in addition to cooperation and coordination in international forums to […]
By John Lee. Prime Minister Adil Abd Al-Mahdi arrived on Thursday morning in the Chinese city of Hebei to participate in the World Conference on Industrialization. The visit follows the granting of two major contracts in Iraq to Chinese companies in recent weeks: China Construction Third Engineering Bureau will reportedly implement civil engineering projects and […]
By John Lee. Foreign Minister Mohamad A. Alhakim has received a copy of the credentials of Swedish Ambassador to Iraq Mr. Lars Ronnås. The two sides discussed bilateral relations and ways of enhancing them to serve the interests of the two friendly peoples. Minister Alhakim expressed Baghdad’s aspiration for a greater role for Sweden in […]
By John Lee. The UK's Foreign & Commonwealth Office has announced that Mr Stephen Hickey has been appointed as British Ambassador to Iraq. He succeeds Mr Jon Wilks CMG, who will be transferring to another Diplomatic Service appointment. Mr Hickey will take up his appointment during November 2019. He has most recently served in New […]
By John Lee. Germany's Siemens and Egypt's Orascom Construction signed an agreement with Iraq’s Ministry of Electricity to rebuild Baiji 1 and Baiji 2 power plants in northern Iraq. The plants will have a combined generation capacity of 1.6 gigawatts (GW) when completed and are a major step in Siemens’ roadmap for rebuilding Iraq's power […]
