Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraqi last-mile delivery service Sandoog has announced that Ahmed Al Shagra (pictured) has joined its advisory board. Co-Founder Mustafa Al Obaidi informed Iraq Business News: "Ahmed brings a wealth of experience in building successful startups (currently 'Intajy') as well as being an advisor and mentor with key, regional ecosystem institutions." (Source: Sandoog)
By John Lee. Iraq has reportedly signed a deal with the Gulf Cooperation Council Interconnection Authority (GCCIA) to import electricity at a rate of 500 megawatts of electricity from Sunni Arab gulf countries before next summer, Iraqi Ministry of Electricity spokesperson a told state newspaper on Thurday. According to Rudaw, the GCCIA will fund the […]
The first ever Leading Brands Iraq award ceremony was hosted at Rotana Hotel Erbil, Iraq. Popular brands of consumer goods in Iraq have received their awards in a ceremony attended by representatives of the Iraqi central government and the KRG, delegates of leading brands as well as academics and media. Kurdmax TV recorded the event […]
China-based HQTS has been awarded a Conformity Certification (COC) certificate by the Government of Iraq to conduct quality assurance services on imported goods to the country. Iraq’s Minister of Planning, Dr. Nouri Sabah al-Dulaimi, announced yesterday that HQTS was one of the just four successful bids and the only Chinese company selected out of 19 […]
Australian construction giant CIMIC, formerly known as Leighton Holdings, has reportedly settled a long-running class action with investors over allegations its senior executives had knowledge of corrupt behaviour relating to the Unaoil bribery scandal that hit the company's share price. The class action alleged that CIMIC failed to comply with its continuous disclosure obligations and […]
The Governor of Anbar, Mr Ali Farhan Hameed, visited the UK this week as a guest of the Iraq Britain Business Council (IBBC) . While here, he attended various meetings at Chatham House, UKEF, at roundtables with IBBC members and dinner in the House of Lords with Baroness Nicholson ( President of IBBC and PM […]
By John Lee. Among many other priorities in the recovery of post-conflict Iraq, access to employment for the population in conflict-affected regions remains paramount. The ability of the population to earn a living wage impacts the recovery process and has a direct bearing on future stability. The International Organization for Migration (IOM) created the Enterprise […]
By John Lee. Korean cosmetic brand Missha has reportedly entered the Iraqi market. According to Korea News Plus, the brand, owned by Able C&C, has opened its first store at the Zayoona Mall in Baghdad. (Source: Korea News Plus)
By John Lee. Three men and a woman have reportedly been charged in Canada in connection with a scheme to smuggle stolen high-end cars and pickup trucks into Iraq. According to CP24, the gang stole 39 cars, including a BMW X6, usually from car rental agencies. The accused are named as Yehia al-Jbouri, Amer al-Ogaili, […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Madium ammunition – State Company for Military Industries Light ammunition, State Company for Military Industries Military Gas Masks, State Company for Military Industries Treatment of oil wells by ultrasound technology, State Company for Military Industries (Source: National Investment Commission) (Picture: Business […]
By John Lee. Mr. Mohammad Jaafar Al-Sadr, the Ambassador of the Republic of Iraq in London, has participated in a round-table meeting hosted by the Iraq Britain Business Council (IBBC) . The Ambassador said Iraq welcomes the contribution of British companies to the reconstruction of the country, reviving the Iraqi economy, and providing job opportunities, […]
IBBC Autumn conference in Dubai attracts deep engagement and discussion of the Protests Over 100 attendees of largely Iraq Britain Business Council (IBBC) members engaged in deep discussions and conversational at the Autumn Conference in Dubai this weekend. As a backdrop to the protest and conflict in Iraq, speakers and delegates articulated the causes, solutions […]
