Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Imperial Brands, formerly Imperial Tobacco Group, stated on Tuesday that “continued instability in [Iraq and Syria] held back trading particularly in Gauloises and Gitanes in the first half." (Source: Imperial Tobacco)
The Chairman of Iraq’s National Investment Commission (NIC), Dr Sami Al Araji, has called for the UK Government to relax its rules on visas for visiting Iraqi business people, and to alter its travel advice for Iraq on the basis that much of the country is safe for business people to travel to. Addressing a […]
By Hal Miran, Editor-in-Chief, Bite.Tech. It might be surprising to know that the region of the Middle East has become a blossoming entrepreneurial, tech startup hub. From Jordan to Lebanon and Iran to Egypt, the region has made significant progress with innovation driving tech startup growth. Israel has more startups per capita than anywhere else […]
By John Lee. The Philippine embassy in Baghdad has said that the recent opening of ICTSI's $130-million port development in Basra opens further possible opportunities in construction and the oil and gas sectors. In a statement, Chargé d'Affaires Elmer Cato (pictured) expressed the hope that more Filipino companies would explore investment opportunities in Iraq. Philippine-based […]
According to UNICEF, Iraq is now one of the most dangerous places in the world for children -- this lawyer and mother is doing something about it! As Iraq liberates Mosul, an Iraqi American mother and lawyer, thousands of miles away, is training to run in the November 6 New York City Marathon. As she did at the Chicago Marathon and the […]
By Padraig O'Hannelly. The Iraq Britain Business Council (IBBC) has had to cancel its Autumn Conference, originally scheduled for 6th November in Dubai, due to circumstances beyond its control. A spokesperson told Iraq Business News that planning is now underway for an alternative conference to be held in Baghdad in December, with details to be […]
By Padraig O'Hannelly. A new LinkedIn group has been created to help promote new businesses in Iraq. The Iraqi Crowdsourcing Group is dedicated to Iraqi entrepreneurship, projects, business ideas, solutions to problems Iraqi startups face, and innovation to ensure that successful and efficient new businesses are created. It has been set up by Aziz Al […]
By John Lee. The Iraq Parliament has approved a law "forbidding the import, manufacture and sale of all kinds of alcohol drinks." Alcohol has been made readily available in shops, bars, restaurant and hotels in Baghdad and in some of the provinces of Iraq, and it was not unusual for young people in Baghdad to […]
By John Lee. National publishers associations from Iraq, Ivory Coast, Mauritania, Morocco and Senegal became provisional members of the International Publishers Association (IPA). The General Assembly of the Geneva-based IPA agreed that the five applicants had met the conditions to become provisional members. After a period of up to three years, these publishers’ associations will […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. As Turkey continues to thumb its nose at Iraq, thousands of Iraqi Sadrist protesters surrounded the Turkish Embassy on Oct. 18 in Baghdad and demanded that Ankara remove […]
By John Lee. Dubai-based online fashion retailer Elabelz has started shipping to Iraq. According to a report from Forbes, it will "be the first pioneering player in the uncharted waters of Iraqi e-commerce market". The company, founded in May 2016, has reportedly developed a customized solution of delivery and payment for its clientele in Iraq, […]
By John Lee. International Container Terminal Services (ICTSI) has officially inaugurated the first phase of its new $130-million greenfield port development at Basra Gateway Terminal (BGT) in Umm Qasr. Iraq’s Minister of Transport, Kadhem Finjan al-Hamami, attended the ceremony along with ICTSI chairman and president, Enrique K. Razon Jr. The Philippines-based company signed a 26-year concession […]
