Archive | Iraq Industry & Trade News

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

PM discusses Iraqi-French Business Forum

By John Lee. The Prime Minister's Office hosted a meeting this week, chaired by adviser Eng. Adham Al Fakhar Al-Fakhar, to review outcomes of the Iraqi-French Business Forum delegation's visit to Paris. Discussions focused on forum sessions held in France, with participants presenting proposals and practical solutions aimed at converting talks into implementable projects in […]

Video: Iraq's Economy - Progress or Pressure?

By John Lee. Ahmed Tabaqchali of AFC Iraq Fund (and Expert Blogger on Iraq Business News) was interviewed this week on the Youtube channel Majlis & Markets, examining the true state of Iraq's economy, including stability since 2019, the Iraqi dinar (IQD), de-dollarisation, banking sector challenges, fintech growth, tokenisation, the Iraq Stock Exchange (ISX) and […]

AUIS Hosts Iraq's First National VEX Robotics Competition

From the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. AUIS Hosts Iraq's First National VEX Robotics Competition, Empowering the Next Generation of Innovators The American University of Iraq, Sulaimani (AUIS) proudly hosted Iraq's first-ever National VEX Robotics Competition […]

PM Promotes Investment at IBBC Basra Conference

By John Lee. At the Iraq Britain Business Council (IBBC) conference in Basra, Prime Minister Mohammed Shiaa Al-Sudani reaffirmed the government's commitment to advancing investment in cooperation with the private sector and international partners. Held under the theme "Gateway to Iraq," the conference gathered senior Iraqi and UK officials and leading companies to explore trade […]

Arbitration Forum Supports Stronger Investment Environment in Iraq

From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Forum on Commercial Arbitration Supports Stronger Investment Environment in Iraq The United Nations Development Programme (UNDP) Iraq joined leading national institutions and private sector partners this week in Baghdad […]

Iraq to Boost Security at Khor Mor Field following Attack

By John Lee. The Office of the Commander-in-Chief of the Armed Forces has confirmed the results of the investigation into the 26 November drone attack on the Khor Mor gas field in Sulaymaniyah. Chaired by the Minister of Interior and involving federal and Kurdistan Region security agencies, the committee reported that the attack was conducted […]

Cairo 3A, IVI Holding Agree Iraq Poultry MoU

By John Lee. Cairo 3A Holding has reportedly signed a Memorandum of Understanding with International Venture Investment (IVI) Holding Limited in Baghdad to develop an integrated poultry project in Iraq. According to report from Agar Gate, the agreement marks the start of a long-term partnership aimed at building a vertically integrated operation that meets international […]

Iraq Approves Loan Initiative for Unemployed Drivers

By John Lee. Iraq's Ministry of Labour and Social Affairs has launched a lending initiative aimed at reducing unemployment by providing job opportunities for registered unemployed citizens. Under the programme, the Ministry's Department of Labour and Vocational Training -- through its Small Projects Funds -- will issue loans for the purchase of modern passenger vehicles […]

Iraq reports Inflation Drop in October

By John Lee. Iraq's Ministry of Planning has reported a decrease in both monthly and annual inflation rates for October 2025, but its announcement did not mention the actual rates. Ministry spokesperson Abdul Zahra al-Hindawi said field teams from the Central Statistical Organisation (CSO) recorded a 0.3% fall in monthly inflation compared with September, while […]

Iraq launches $45m Cancer-Drug Plant, $70m Vaccine Project

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has inaugurated a US$45-million cancer-medicine factory at the Modern Pharmaceutical Industries Company, a private-sector project, and launched construction works for a US$70-million facility to produce viral vaccines for hepatitis, influenza, and the MMR (mumps, polio, rubella) combination. The Prime Minister said the new plant -- built with […]

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 […]