Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
The Ministry of Health/Environment and the National Investment Commission (NIC) in coordination with Babil Governorate and Najaf Governorate are pleased to announce the investment opportunity of {Operating, managing and sustaining} of Imam Sadiq Hospital in Babil and Najaf Hospital in Najaf according to investment law no. (13) for the year 2006, as amended. Investors, companies […]
Iran's South Rouhina Steel Complex has reportedly sent 500 tons of rebar to Iraq. The Iranian trade attaché to Iraq, Naser Behzad, is quoted by IRNA as saying that the consignment was worth $250,000. 'Exports to Iran have paved the way for sending standard goods,' he said. South Rouhina Steel Complex has the capacity to […]
The Iraq Britain Business Council (IBBC) has announced that one of Iraq’s most significant companies, Albilal Group, has joined the trade organization. Not only is Albilal a major EPC to many IOCs in Iraq, but also to the ministries of Electricity, Oil & Gas, Water and Infrastructure. ABG was established since 1993 with main offices in Iraq […]
Over 300 participants, mostly youth, gathered in Baghdad on 12-14 October 2017 to participate in UNDP’s Innovation for Development workshop. Design Thinking and Lean Start-up methodologies were introduced as innovative tools to identify local development challenges and find solutions linked to the Sustainable Development Goals (SDGs) Iraq has adopted in early 2016. Design Thinking is […]
By John Lee. Diala State Company, which is part of Iraq's Ministry of Industry and Minerals, has announced opportunities to invest in a steam iron factory and a ceiling fan factory. (Source: National Investment Commission)
By John Lee. Ur State Company, which is part of Iraq's Ministry of Industry and Minerals, has announced an opportunity to invest in the rehabilitation of an aluminium factory. (Source: National Investment Commission)
By John Lee. The 12th Economic Forum of the Iraqi-French Council of Businessmen [Iraqi-French Business Council] was held recently in Baghdad. Dr. Sami Al Araji, Chairman of the National Investment Commission (NIC) opened the forum with a welcoming speech to the attendees including the Iraqi Minister of Trade, French State Minister for the Foreign Trade […]
By John Lee. Iraq's Ministry of Oil has announced that it will start rehabilitation of the Salahuddin refineries 1 and 2 in Baiji district. Through its North Refineries Company (NOC), it has called on local and international companies to supply the equipment outlined below: (Source: Ministry of Oil)
By John Lee. Private investors from Iraq and Turkey have reportedly held preliminary negotiations with Iran to expand and modernize its fuel stations. According to a report from Petrol Plaza, there are 3,600 fuel stations and 2,400 compressed natural gas (CNG) stations in Iran which need renovation and investment. To date, more than 250 state-controlled […]
By John Lee. Iraq has been ranked 168th out of 190 countries in the World Bank‘s recent Doing Business 2018 report, down from 165th place the previous year. Despite the fall in the rankings, the report notes that over the previous year Iraq simplified the process of starting a business by combining multiple registration procedures […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Every day new anti-corruption cases are announced in Iraq's new "war on corruption". Yet they achieve virtually nothing. This may well be a war that nobody in Iraq can win. […]
US Ambassador to Iraq Douglas Silliman (pictured) has joined other distinguished guests and speakers at the Iraq Banking and Investment Summit on December 2. The Ambassador spoke about the need to create economic opportunity for Iraq’s younger generation through a transition from a government-controlled, oil-based economy, toward a more diversified free market system that fosters […]
