Archive | Iraq Industry & Trade News

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

New LinkedIn Group to Promote SMEs in Iraq

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 […]

Iraq Bans Alcoholic Beverages

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 […]

Union of Iraqi Publishers joins International body

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 […]

Will Iraq Boycott Turkey?

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 […]

Online Fashion Retailer Opens to Iraqi Customers

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, […]

ICTSI Opens First Phase of Basra Gateway Terminal

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 […]

Lebanon to Increase Economic Cooperation with Kurdistan

The Head of KRG Foreign Relations, Minister Falah Mustafa, yesterday received Lebanese Chargé D'affaires in Iraq Mr. Walid Ghoussaini. The Lebanese Chargé D'affaires gave an overview of the participation of the Lebanese companies in the economic development of the Kurdistan Region and highlighted the desire of the Lebanese companies to broaden the scope of their […]

KRG PM Highlights the Role of Private Sector

The Prime Minister of the Kurdistan Regional Government (KRG), Nechirvan Barzani, has praised the role of the private sector in stimulating Kurdistan’s economy, as the region is dealing with financial challenges. During a speech at a conference organized by the Kurdistan Federation of Chambers of Commerce and Industry on Sunday, Prime Minister Barzani said that […]

Building Market Opportunity and Women’s Networks in MENA

By Madeleine White Reflections on Trade+ Impact summit, in Ifrane, Morocco 19-23rd September 2016 Madeleine is co-founder of Nina magazine, Impact director of Enterprise development NGO Challenges Worldwide (a founder member of the Access to Finance for Rural Enterprise (ACRE) consortium). Madeleine contributed to discussions around the importance of impact investment and social enterprise within wider economic […]

Iraq-Armenia Trade reaches $120m

By John Lee. Trade between Iraq and Armenia has increased to $120 million per annum. The news came as the Foreign Ministers of Armenia and Iraq met in New York to discuss the deepening of cooperation between the two countries. Edward Nalbandian and Ibrahim al-Jaafari attached importance to the organization of high-level mutual visits, efficient […]

Britain "Keen to Invest in Iraq"

By John Lee. Minister of Foreign Affairs Dr Ibrahim Al-Jaafari met the British Minister of State for International Development Mr Rory Stewart in London on Saturday. Both sides discussed a number of important issues, especially the return of the displaced families to their homes after liberating their towns from Da'esh. His Excellency said that Iraq […]