Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Federal Board of Supreme Audit (FBSA) has published its annual report for 2025, covering key audit findings, performance indicators, and violations identified across entities under its oversight during the year. The report is available on the FBSA's official website and is intended to support transparency, governance, disclosure, and public access to […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Exclusive: Iraqi PM Pitches 'Trilateral Business Opportunities' to Iran, US Iraq's prime minister did not deliver a ceasefire proposal by the Donald Trump administration during his recent visit to Iran, senior sources in […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq Corruption Crackdown to Cut Project Costs, PM's Aide Says Iraq's new government hopes an unprecedented crackdown on corruption will cut the cost of projects and […]
By John Lee. Iraq's Prime Minister Ali al-Zaidi held a phone call with German Chancellor Friedrich Merz on Wednesday, covering bilateral relations and cooperation across economic, trade, investment, and migration sectors. According to the Prime Minister's Office, al-Zaidi expressed Iraq's interest in expanding economic ties and attracting German companies to invest in the country. He […]
By John Lee. Iraq has signed an agreement with GE to implement a comprehensive plan for securing the country's energy supply. The deal was signed in Washington by Minister of Electricity Ali Saad Wahib, under the auspices of Prime Minister Ali al-Zaidi. According to the Ministry of Electricity, the agreement covers an integrated national programme […]
By John Lee. PepsiCo has reportedly signed two strategic agreements with Iraqi partners covering expanded beverage manufacturing and agricultural development. The agreements were signed at the US-Iraq High-Level Business Summit at the US Chamber of Commerce in Washington DC, on the sidelines of Prime Minister Ali al-Zaidi's visit to the United States. The first agreement, […]
By John Lee. The Iraq Development Fund has identified investment opportunities worth $40 billion in goods currently imported into the country that could instead be produced domestically. Mohammed al-Najjar (pictured), head of the fund, told the state-run Iraqi News Agency (INA) that Iraq's annual import bill provides a measure of the scale of the opportunity, […]
By John Lee. Iraq's ports recorded strong financial and commercial growth in 2025, according to an annual statistical report published by the Statistics and Geographic Information Systems Authority of the Ministry of Planning. Key indicators for the General Company for Ports of Iraq (GCPI) showed: Total revenues of IQD 1,100.7 billion ($840 million), up 20.5% […]
By John Lee. Iraq's first industrial-scale photovoltaic (PV) solar module manufacturing facility has opened in Karbala. The Al-Nour Solar Panel Production Plant was developed for the Project Engineering Department of the Al-Abbas Holy Shrine by Italian firm Ecoprogetti Srl, which supplied and installed the complete turnkey production line. The facility has an annual installed capacity […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Struggles to Meet Power Demand amid Drop in Iranian Gas Imports The Iraqi government is producing less than half of the country's electricity needs despite scorching summer temperatures, a shortfall officials partly attribute […]
By John Lee. A delegation from Iraq's Ministry of Trade has held a series of formal meetings with officials from the World Trade Organization (WTO) in Geneva to discuss the advanced stages of Iraq's accession process. According to the ministry, the delegation met with the WTO's deputy director-general, the chair of the working party on […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. 1. A historic volume of agreements - 48 in total A total of 48 agreements, memoranda of understanding, cooperation agreements and partnership declarations were signed between public and private sector entities in Iraq […]
