Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Rami Alkhafaji and Safwan Al-Amin for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can Iraq and Kuwait transform the Khor Abdullah waterway dispute into a regional diplomacy model? The Khor Abdullah waterway has re-emerged as a point of […]
By John Lee. The World Bank projects Iraq's economy will shrink by 0.9 percent in 2025, marking a downgrade of 2.3 percentage points from the April forecast. The contraction is mainly attributed to reductions in oil output as Iraq adjusts production to align with OPEC+ commitments. However, economic growth is expected to rebound strongly to […]
By John Lee. The State Company for Mining Industries, part of Iraq's Ministry of Industry and Minerals, has announced the completion of a new project to produce xylene, solvents, and high-quality refined fuel, in partnership with the private sector. Director General Eng. Mohammed Qasim Muftin said the fully completed project includes six integrated production units […]
By John Lee. The International Labour Organization (ILO) has launched the Credit Guarantee Fund to empower small and medium enterprises (SMEs) in Iraq. The scheme is a partnership with the Ministry of Labour and Social Affairs (MoLSA), with funding from the German Ministry for Economic Cooperation and Development (BMZ) through the German Development Bank (Kreditanstalt […]
By John Lee. The Iraqi Cabinet has approved a recommendation from the Sovereign Guarantees Initiative Committee to issue sovereign guarantees for the establishment of a plant to produce caustic soda in support of a liquid chlorine and caustic soda production facility, as well as a separate project to produce black urea. These projects are part […]
By John Lee. The Iraqi Ministry of Transport has received bids from several international companies to develop Baghdad International Airport (BIAP). According to Bassem Waheed, Acting Director General of the Contracts and Licensing Department, the Ministry's evaluation committee will select the best offer to ensure high-quality development services for the airport. Three consortia submitted proposals: […]
By Ahmed Tabaqchali, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Beyond Tariffs: Building a Mutually Beneficial Relationship between the United States and Iraq The Trump administration imposed a 30 per cent tariff on Iraqi exports […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani has reaffirmed his government's commitment to supporting women's rights and empowerment, directing the launch of new financial and training initiatives for women across Iraq. Chairing a meeting of the Supreme Council for Women's Affairs, the Prime Minister announced the launch of the Basmat (Fingerprint) Initiative, which will […]
By John Lee. Iraq's Galina Express has signed an agreement with Aras Kargo, a subsidiary of Oesterreichische Post [Austrian Post], to strengthen cross-border logistics between Iraq and Türkiye. Under the partnership, Aras Kargo will manage sorting and transport of parcels from Türkiye to the Iraqi border, where Galina Express will handle last-mile delivery. The collaboration […]
By John Lee. Iraq's Vertex Investment Group has reportedly signed a Memorandum of Understanding (MoU) with Syria's Ministry of Economy and Industry to rehabilitate and expand the Hama Cement Plant. According to the state-run Syrian Arab News Agency (SANA), the agreement covers the upgrade of the third production line, raising daily clinker output from 3,300 […]
By Dr Ali Abdul Kadhim Dadoush, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Assessing the impact of the fire insurance gap on the fragility of special economic projects in Iraq Insurance serves as a safeguard […]
By John Lee. Spain's LALIGA has advanced its partnership with the Iraqi Football Association (IFA) by holding an economic control workshop in Madrid for representatives of Iraq Stars League (ISL) clubs. The initiative forms part of a wider consultancy project aimed at professionalising Iraqi football and ensuring the long-term sustainability of its competitions. The workshop addressed […]
