Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Govt to Incentivise Electricity Distribution

By John Lee. The Iraqi Government has announced new measures intended to stimulate job creation in the electricity distribution industry. In a statement, it said: "Training courses lasting for 3 months or longer in the area of  maintenance of electrical transformers used in the electricity distribution sector in Iraq. The courses will be tailor-made for […]

Iran Electricity Export to Iraq Hits Record

Iranian Energy Minister Reza Ardakanian (pictured) has said the export of electricity to neighboring countries has reached a record high in the past year. Addressing a Sunday session of Tehran’s City Council, Ardakanian said management of the situation over the past two water years has helped the country break the record in three sectors of […]

Fair Competition to Empower Women in the Arab World

By John Lee. Fair competition is needed to economically empower women in the Arab world Female labor force participation levels in Arab countries are the lowest in the world, despite the rising educational attainment of women reaching working age, according to an article from the Middle East Institute. Rabah Arezki, Ferid Belhaj argue that young […]

Iraq Duty Free plans First Downtown Store in Baghdad

By John Lee. Iraq Duty Free is reported to be in the process of securing approval to operate the first downtown duty free store in Iraq. The project, to be located in Baghdad, is expected to begin early next year, and open in June 2020. The company is also expanding at Basra International Airport and […]

Top Mountain, USAID launch Business Incubator

Top Mountain in partnership with USAID is launching a business incubator and employment program. The goal of the program is to promote economic growth and increase employment opportunities to support minorities from Ninewa targeted by ISIS. Program activities will focus on achieving three core objectives designed to support this goal. Firstly, outreach campaigns will be […]

Iraqi Chief Justice to examine Barriers to Investment

On Tuesday 1st October the Iraq Britain Business Council (IBBC) was pleased to host a roundtable discussion chaired by IBBC President Baroness Nicholson with His Excellency, Chief Justice Faiq Zidan, who was visiting the United Kingdom as guest of the Foreign and Commonwealth Office. The meeting was attended by several IBBC member representatives including from […]

Corruption Continues to Destabilize Iraq

By Toby Dodge, for Chatham House. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In March and April, an extensive opinion poll carried out across Iraq found that the population were only united by very high levels of pessimism (opens in new window) about the […]

New USAID Funding for Victims of ISIS Genocide

U.S. Agency for International Development (USAID) Administrator Mark Green announced the first tranche of recipients under USAID's New Partnerships Initiative (NPI) on Thursday during his remarks at the Accord Network's Annual Forum. The organizations will carry out programs that improve global health outcomes in USAID's partner countries, and assist populations in the Republic of Iraq […]

IBBC celebrates 10 years at Conservative Conference

The Iraq Britain Business Council (IBBC) held a reception at UK onservative party conference to celebrate 10 years working in Iraq. Led by Baroness Nicholson of Winterbourne , President of IBBC and Trade Envoy to Iraq, a number of members including BP and Tratos were welcomed to the well attended event. Dino Bossi director at […]

Bangladeshi Company Exporting Compressors to Iraq

By John Lee. Bangladeshi-based electrical company Walton has reportedly started supplying refrigerator compressors to Iraq. According to United News of Bangladesh, Mohanad Al Darraji, Charges d'Affaires of the embassy of Iraq to Bangladesh, inaugurated the compressor export in a function at the company's offices on Tuesday. (Source: United News of Bangladesh)