Archive | Iraq Industry & Trade News

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

Reduced Trade between UK and Iraq

By John Lee. The UK's Department for Business and Trade has said that total trade in goods and services (exports plus imports) between the UK and Iraq was £1.2 billion in the four quarters to the end of Q2 2025, a decrease of 8.9% or £112 million in current prices from the four quarters to […]

Dutch Firm to Certify al-Faw Channel for Lower-Cost Insurance

By John Lee. The General Company for Ports of Iraq (GCPI) has confirmed the signing of a contract with Dutch firm Fugro to carry out third-party surveying of the al-Faw navigation channel, in preparation for issuing internationally recognised Admiralty charts. Director General Farhan al-Fartousi told the state-owned Iraqi News Agency (INA) that the survey work will […]

Iraq reviews Clean Hydrogen and Ammonia Plans

By John Lee. The National Investment Commission (NIC) has held a workshop in Baghdad to discuss Iraq's plans for clean hydrogen and blue ammonia production and their potential impact on the national economy. The session, attended by government advisers, academics and representatives from the Ministries of Higher Education and Industry, reviewed Iraq's vision for adopting […]

Doing Business in Iraq: IBBC/BCCT Webinar

The Iraq Britain Business Council (IBBC) and British Chamber of Commerce in Turkey (BCCT) have hosted an online discussion on doing business in Iraq. Moderated by IBBC's Ashley Goodall, the webinar featured contributions from: Chris Gaunt OBE, Chairman, British Chamber of Commerce in Turkey (BCCT) Jonathan Wilks CMG, Senior Adviser to IBBC, and former Ambassador […]

Iraq-Indonesia Cmte Reviews Draft Cooperation Paper

By John Lee. The Ministry of Industry and Minerals held an expanded meeting, chaired by Technical Deputy Juma Diwan al-Bahadli, to review the draft working paper of the Iraq-Indonesia Joint Committee. Participants discussed bilateral cooperation files across multiple sectors, and examined mechanisms for coordination between ministries and other relevant bodies. The meeting also considered proposals, […]

Asiacell partners with Google to offer AI Productivity Tools

By John Lee. Asiacell has announced a partnership with Google Cloud to bring Google Workspace and other AI-powered productivity and collaboration tools to businesses and educational institutions across Iraq. Under the agreement, the operator will offer a portfolio that includes Google Workspace, Google Workspace for Education, Gemini Enterprise and Google NotebookLM, aimed at supporting enterprise […]

Germany Discusses Business Accelerator Programme in Iraq

By John Lee. The Ministry of Trade has held talks with the German Agency for International Cooperation (GIZ) on launching an integrated business accelerators programme to support small and medium-sized enterprises with high growth potential. GIZ discussed with the Ministry's Private Sector Development Department the proposed framework for designing and implementing the programme, including evaluation […]

Uzbekistan and Iraq Initiative to Boost Trade

By John Lee. Commercial and economic cooperation between Uzbekistan and Iraq is entering a new phase following high-level business discussions in Baghdad and Anbar. The Chairman of the Uzbekistan Chamber of Commerce and Industry, Davron Vakhabov, is currently on a working visit to Iraq. With the support of Uzbekistan's Ambassador to Kuwait, Ayubkhan Yunusov, he […]

Smart Renewable Energy Solutions Discussed for Baghdad

By John Lee. A meeting was held to review the use of smart solutions for managing renewable energy in Baghdad's districts and sub-districts, with a focus on solar power and smart meters. The discussion covered proposed investment mechanisms for renewable energy projects, target production levels, and the selection of suitable locations based on solar exposure. […]

GCPI Revenues Exceed $810m by end-October

By John Lee. The General Company for Ports of Iraq (GCPI) has announced that its total revenues, including those from affiliated ports and facilities, reached IQD 1,063,291,000,000 (approximately $810 million) by the end of October 2025, reflecting improved operational performance and rising efficiency across its activities. Director General Dr Farhan Al-Fartousi said the results were […]

Work Starts at Iraq's First Infant Formula Factory

By John Lee. A new infant formula plant has begun construction in Baghdad, marking the launch of Iraq's first factory dedicated to producing baby milk and fortified nutrition products. The facility, the Mohannad Ali Abdullah Infant Formula Factory, is being built by the Qatari construction company Magnum and will manufacture infant formula for the Turkish […]