Archive | Iraq Industry & Trade News

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

New Chlorine and Caustic Soda Plant for Basra

By John Lee. Iraq's State Company for Petrochemical Industries, part of the Ministry of Industry and Minerals, has announced the signing of a national partnership with Noor al-Hilal to establish a new plant for the production of chlorine and caustic soda in Basra. The company's Director General, Engineer Mazen Abdul Razzaq, said the project will […]

Uzbek Businesses Urged to Enter Iraqi Market

By John Lee. The Chairman of the Uzbekistan Chamber of Commerce and Industry, Davron Vakhabov, has highlighted growing commercial opportunities in Iraq and Syria following recent meetings in both countries. He said the Iraqi market, with a population of around 46 million, and Syria, with nearly 25 million people, are opening rapidly, with strong demand […]

AHK World Business Outlook - Fall 2025 | Iraq

From the German Liaison Office for Commerce & Industry in Iraq (AHK Iraq). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. AHK World Business Outlook - Fall 2025 | Iraq The Fall 2025 edition of the AHK World Business Outlook reveals continued confidence among […]

Iraq Imposes Additional Duty on Imported Oxygen

By John Lee. Iraq's Council of Ministers has approved measures to support the development of the domestic pharmaceutical industry and protect local production. The decision includes merging the existing Pharmaceutical Council, established under Cabinet Decision No. 23151 of 2023, with the Higher Committee for the Development of the Pharmaceutical Industry. The merged body will include […]

8 Things the IMF Said About Iraq and the Dinar in 2025

8 things the IMF said about Iraq and the dinar in 2025 1. March 12: IMF Discusses Strengthening Iraqi Dinar Iraq's delegation concluded its meetings with the International Monetary Fund (IMF) in Amman (February 24-26), with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI). Discussions included […]

Preparations begin for Atomic Energy Conference in Baghdad

By John Lee. Preparatory scientific work has begun in Baghdad for the 17th Arab Conference on the Peaceful Uses of Atomic Energy, scheduled to be held in Iraq in 2026. The scientific preparatory committee has started its meetings in cooperation between the Iraqi Atomic Energy Commission (IAEC) and the Arab Atomic Energy Agency (AAEA). The […]

Iraq Imposes Additional Tariff on Nitrogen Imports

By John Lee. The Council of Ministers has approved the imposition of an additional 40 percent customs duty on imports of nitrogen gas from all countries. The measure is intended to regulate industrial gas imports and protect domestic production. The decision is based on the Law on the Protection of Iraqi Products (No. 11 of […]

Shanghai Electric Breaks Ground on Euphrates Project

By John Lee. China's Shanghai Electric has officially launched the Euphrates Combined Cycle Expansion Project in Iraq, aimed at upgrading power plants across four governorates by converting simple-cycle units into combined-cycle systems. According to a press release from the company, this expansion will add 625 megawatts (MW) to the national grid and improve plant efficiency […]