Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Iraqi Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi, at which it discussed a series of recommendations by the Ministerial Committee for Energy regarding a number of strategic projects aimed at increasing Iraq’s oil production and exporting capacities. The Cabinet approved […]
By John Lee. The Iraq Britain Business Council (IBBC) has announced that it has established a Health Sector Table. This Table will be chaired by Professor David Kerr, Rhodes Professor of Clinical Pharmacology and Cancer Therapeutics, and Head of Department of Clinical Pharmacology at Oxford University. It is being supported by the Iraqi Minister of […]
Germany's Siemens has received an order to supply the key components and long-term power generation services for the 840-megawatt (MW) Maisan combined cycle power plant in Iraq. CITIC Construction Co., Ltd., the Chinese engineering procurement and construction firm building the plant, and Iraqi developer MPC, part of Raban Al-Safina for Energy Projects (RASEP) awarded the […]
By John Lee. The World Bank will reportedly lend a total of $200 million to Iraq for upgrades to its electricity grid. According to Basnews, the agreement was signed by Finance Minister Fuad Hussein and Yara Salim, a representative to the World Bank. "There will be attempts to address the problem of power supply in […]
By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Turkish exporters are reeling from an unprecedented blow in trade with Iraq that has splashed cold water on Ankara’s hopes to launch a second border crossing with its southern neighbor and boost bilateral trade […]
By John Lee. The Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi. The Cabinet approved a series of recommendations from the Ministerial Economic Council to support the growth of Iraq’s cement industry and to ensure that production capacity continues to meet domestic demand. No details […]
By John Lee. The Iraqi government has issued a report on the implementation of its 2018-2022 programme. The report covers the period from October 2018, when the government came to office, to April 2019, providing an overview of what has been implemented from the government programme, identifying obstacles that may impede the completion of several […]
By Padraig O'Hannelly. A major petroleum conference in London has been told that more than 200 British companies now operating in Iraq, and those numbers are increasing. Addressing more than 300 delegates at CWC's Iraq Petroleum conference, British Ambassador Jonathan Wilks CMG said: "The UK and Iraq are becoming increasingly strong business partners and education […]
By John Lee. A new report by Ali Al-Mawlawi (pictured) argues that the targets of Iraq's National Development Plan (NDP) are far too optimistic. In a paper for the Al-Bayan Center for Planning and Studies, entitled "Iraq’s National Development Strategies: Exploring Weaknesses in Policy Planning and Investment", he says greater coordination is required between the […]
By John Lee. A major hackathon weekend is planned to take place in Slemani (Sulaymaniyah) on the weekend of 8th to 10th August. HackaSuly describes itself as "the largest international hackathon in Iraq that brings the coding community together over a weekend to work in teams and turn their ideas into technological solutions". More here.
By John Lee. Baghdad has reportedly banned the import of table salt, noodles and pasta from Turkey. This follows import bans on eggs and ice cream imposed earlier this year. According to Daily Sabah, the ban will take effect after 60 days and will remain in force for a year. (Source: Daily Sabah)
Iraq, Jordan and Lebanon have committed to digitally transform their countries, discussing their roadmaps to support the Mashreq region's integration into the rapidly evolving global digital economy. The commitments came on the first day of the landmark, high-level forum on Digital Economy and Entrepreneurship Development in Mashreq, which was hosted by the Government of Jordan […]
