Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Prime Minister Ali al-Zaidi met a group of Iraqi business leaders and investors in Amman, Jordan, to outline government policies aimed at improving the investment climate and attracting domestic and foreign capital. According to the Prime Minister's Office, al-Zaidi highlighted measures including customs exemptions for development projects, streamlined procedures, and protections for […]
By John Lee. Talks between Iraq's foreign minister and the head of the International Trade Centre (ITC) have covered economic diversification, private sector development, and support for Iraq's accession to the World Trade Organization (WTO). Foreign Minister Fuad Hussein met ITC Executive Director Pamela Coke-Hamilton at the Ministry of Foreign Affairs in Baghdad on Sunday. […]
By John Lee. Iraq and Jordan have discussed the establishment of a free trade zone between the two countries, alongside broader bilateral cooperation in energy, investment and trade. The talks took place during an expanded session held in Amman between the two countries' delegations. According to Iraq's Prime Minister's Office, Prime Minister Ali al-Zaidi and […]
Iraq-US Business Council Launched in Baghdad Iraq-US Business Council Opens to Boost Investment Ties New Iraq-US Business Council Targets American Investment By John Lee. An Iraqi-American Business Council [U.S.-Iraq Business Council (USIBC)] has been launched in Baghdad, aimed at strengthening economic ties between the two countries and attracting American investment across key sectors. The opening […]
By John Lee. Iraq and Jordan have signed nine memoranda of understanding (MoUs) and executive programmes covering a range of sectors. The signing ceremony was presided over by Prime Minister Ali al-Zaidi and his Jordanian counterpart. The agreements cover: Competition policy and anti-monopoly cooperation Environmental protection Higher education and scientific research (2026-2031) Consumer protection Documents […]
By John Lee. The Iraq-Italy Business Council (IIBC) held its first meeting at its Baghdad headquarters on 20th October, following the issuance of the ministerial decree establishing it. The session was attended by Dr. Malik Al-Duraie, Director General of the Private Sector Development Department, along with members from various Iraqi sectors. Two days later, IIBC […]
By John Lee. Progress on Japanese loan-funded port development projects in Iraq has been reviewed at a meeting between the General Company for Ports of Iraq (GCPI) and representatives of the Japanese loan authority. The meeting was chaired by GCPI Director General Abdullah Ati Abdullah. According to the Ministry of Transport, discussions covered completion rates […]
By John Lee. Plans for a network of specialist trade showrooms selling Chinese construction materials in Baghdad and across Iraq's provinces are under discussion. According to the Ministry of Transport, a Chinese delegation met with the director-general of the General Company for Trading in Construction Materials, Engineer Areej Hussein al-Jumaili, to explore the project. Talks […]
By John Lee. Sweden's Enzymatica AB has signed a long-term exclusive distribution agreement with MedonyX, a company backed by Jordanian healthcare and market-access firm MMDS, for the registration, marketing, sale and distribution of its ColdZyme mouth spray in Jordan and Iraq. Launch in both markets is expected in the first quarter of 2027, subject to […]
By John Lee. Combined-cycle units with a capacity of 125MW each are under construction at the South Baghdad Gas Power Station and the Khor al-Zubair power station, with both units planned to enter service before next summer. According to Iraq's Ministry of Electricity, a meeting was held on Sunday between Mohammed Naama al-Tufeili, Undersecretary for […]
By John Lee. India's Redington has been appointed as an authorised distributor for Lenovo Infrastructure Solutions Group (ISG) server products in Iraq, expanding access to enterprise infrastructure through its channel partner network in the country. Jeetendra Berry (pictured), President for GCC & Levant at Redington, said the partnership would help channel partners move beyond supplying technology […]
By John Lee. Russia has appointed Timur Pechatkin as its new Ambassador to Iraq. According to Iraq's Ministry of Foreign Affairs, Foreign Minister Fuad Hussein received a copy of Pechatkin's credentials at the ministry's headquarters in Baghdad on Wednesday. Hussein welcomed the new ambassador and highlighted the bilateral ties between the two countries. The meeting […]
