Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Hal Miran, Editor-in-Chief, Bite.Tech. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan, or the Kurdistan Region, is the autonomous region in the north of Iraq. Its economy is mainly powered by oil, and to a lesser extent other industries. Its capital city is […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In the northern Iraqi city of Halabja a unique new weekly market showcases handmade goods produced by the province’s women. It’s doing so well, it may become a permanent fixture. […]
By John Lee. At a time when the government is strapped for cash and looking to the private sector to create jobs, Iraq's young, tech-savvy entrepreneurs are finding business opportunities in mobile apps. So says a report from Associated Press, which list examples including: Wajbety ("My Meal"): a popular food ordering and delivery app based […]
By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is trying to revive the Trebil border crossing between Iraq and Jordan, which was closed in 2014 after the Islamic State (IS) took control of Anbar province. But […]
By John Lee. Czech company Zetor is reported to be planning to set up a tractor assembly plant in Iraqi Kurdistan in 2020, using parts imported from the Czech Republic. According to Rudaw, the company will set up an entire new division on the KRI by 2030. A spokesperson for the KRG's Ministry of Agriculture […]
Vikas Handa is joining the Iraq Britain Business Council (IBBC) as the UAE Representative to run the IBBC office in Dubai and will be responsible for the overall outreach in the Middle East & North Africa (MENA) region. Many IBBC members will know Vikas, who previously headed Weir Oil & Gas operations in the Eastern […]
By John Lee. Iran Khodro (IKCO) has said that 2,500 units of its Samand model (pictured) are expected to be produced this year in its Iraq plant. The site at Iskandariya has been upgraded with new equipment, and now has the capacity to make 45 to 50 cars per day. (Source: IKCO)
By Ashley Goodall. From Bombs to Bytes: How tech can Diversify and Transform Iraq’s Economy One of the big hits at this year’s Iraq Britain Business Council (IBBC) conference was the tech panel (pictured) with four leading Tech companies using tech to deliver their unique services: Zain Telco, launching Zain Cash, Restrata who offer cyber […]
The State Company for Glass and Refractories Industry (SCG&R) [State Company for Glass and Ceramic Industries (SCGCI)], part of Iraq's Ministry of Industry and Minerals (MIM), has announced an investment opportunity, sharing in management and production, according to investment Iraqi Law (No.22 of 1997 article 15 /III ) to moderate, increasing capacities, and improve quality for […]
By John Lee. The International Monetary Fund (IMF) has revised down its forecast GDP growth for Iraq from 0.5 per cent to a contraction of 3.1 per cent this year, due to the oil production cuts agreed within OPEC. Forecasts for 2018 and 2019 are 2.6 percent and 1.6 percent growth respectively. Consumer price inflation […]
By John Lee. P C A General Trading LLC has won tender to supply rangefinders, binoculars, digital cameras and GPS to the United Nations Office for Project Services (UNOPS) in Erbil. The contract is valued at $34,740. (Source: UNGM)
By Ashley Goodall. Back to the future. The restoration of Iraq and British expertise. Iraq has been in the news for a generation and our perceptions have been coloured by conflict and the near destruction of the Middle East’s most wealthy and civilised country. In the 1970’s Iraq was not only a secular and relatively […]
