Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
This weekend, the Iraq Britain Business Council (IBBC) hosted its annual members’ retreat at Cumberland Lodge, Windsor Park, which was generously sponsored by Al Burhan Group. As with previous years, it was very well attended by over seventy delegates, and allowed our members to mingle and network with representatives of other businesses, civil servants, and […]
By John Lee. Iraq and the Netherlands have signed a double taxation agreement on Monday. Iraqi Finance Minister Fuad Hussein is quoted as saying that avoiding double taxation will improve the business environment and help to attract foreign businesses and investments to Iraq. (Sources: Iraqi Ministry of Finance, Kurdistan 24)
The British Prime Minister, Theresa May, hosted Iraqi President Barham Salih in Downing Street on Tuesday as part of his Guest of Government visit to the UK. The leaders began by discussing security cooperation, and the Prime Minister reaffirmed the UK’s commitment to supporting the Iraqi Government in building a stable and successful nation. They […]
IBBC to host Iraq’s President and government ministers during upcoming official visit to the UK. The Iraq Britain Business Council (IBBC) has announced that it will be hosting H.E. Dr Barham Salih, President of the Republic of Iraq, and a number of high-ranking government ministers during their upcoming official visit to the UK next week. […]
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed two new members. Protechnique -- a British contractor providing premier technical, engineering, construction, management and capacity building support throughout the world; to federal, regional, and local government agencies, as well as private industries and multi-lateral agencies; UniHouse -- a global professional training, consultancy and […]
By John Lee. Iraq's Minister of Transport, Abdullah Luaibi [Abdul Allah al-Leibi], has said that Iraq is actively seeking to join China's Belt and Road Initiative ["One Belt, One Road (OBOR)"]. In statements on Monday, the Ministry confirmed that the Minister met with China's Ambassador to Iraq, Zhang Tao, to discuss the plan. It added […]
By John Lee. General Electric (GE) is reportedly expected to win a large share of the multibillion-dollar contracts to rebuild Iraq’s electricity system. According to a report from Reuters, "under U.S. prodding, Iraq is asking both Siemens and GE to bid on contracts and expects to make awards to each of the companies". Following a […]
JICA to Support Iraq’s Reconstruction and Revitalization through Upgrade of Basrah Refinery Signing of Japanese ODA Loan Agreement for Iraq On 16 June, 2019, the Japan International Cooperation Agency (JICA) and the Iraqi Government signed a loan agreement at Ministry of Finance in Baghdad. The ODA (Official Development Assistance) loan amounting to JPY 110,000 million […]
By John Lee. The Trump administration has reportedly granted Iraq a 120-day waiver from its sanctions against Iran, to allow it to continue importing electricity from the country during the hottest of the summer weather. The decision followed a phone call on Friday between Secretary of State Michael Pompeo (pictured) and Iraqi Prime Minister Adel […]
Toyota Iraq, UNDP and Oxfam support technical training for sustainable livelihoods Celebrating the graduation of 16 IDP's in automotive mastery Toyota Iraq, United Nations Development Programme (UNDP) and Oxfam celebrated the graduation of 16 young trainees from the Toyota Technical Development Program Training. This group is the 5th batch of internal displaced people (IDPs) who […]
By John Lee. Prime Minister Adil Abd Al-Mahdi received Omani Foreign Minister Yusuf bin Alawi on Wednesday in Baghdad. During the meeting they discussed strengthening the relations between the two countries and the opening of air routes, facilitating entering visas, as well as their joint role in maintaining security and stability in the region. The […]
