Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Combined-cycle units with a capacity of 125MW each are under construction at the South Baghdad Gas Power Station and the Khor al-Zubair power station, with both units planned to enter service before next summer. According to Iraq's Ministry of Electricity, a meeting was held on Sunday between Mohammed Naama al-Tufeili, Undersecretary for […]
By John Lee. India's Redington has been appointed as an authorised distributor for Lenovo Infrastructure Solutions Group (ISG) server products in Iraq, expanding access to enterprise infrastructure through its channel partner network in the country. Jeetendra Berry (pictured), President for GCC & Levant at Redington, said the partnership would help channel partners move beyond supplying technology […]
By John Lee. Russia has appointed Timur Pechatkin as its new Ambassador to Iraq. According to Iraq's Ministry of Foreign Affairs, Foreign Minister Fuad Hussein received a copy of Pechatkin's credentials at the ministry's headquarters in Baghdad on Wednesday. Hussein welcomed the new ambassador and highlighted the bilateral ties between the two countries. The meeting […]
By John Lee. Iraq's Cabinet has approved the removal of customs duties on imported solar energy systems, in a move aimed at encouraging uptake of renewable energy and reducing the cost of purchasing solar equipment. According to the Ministry of Electricity, the decision followed a formal proposal submitted by Minister of Electricity Ali Saad Wahib […]
By John Lee. Iraq's Minister of Electricity, Ali Saad Wahib, has met with the UK Ambassador to Iraq, Irfan Siddiq, to discuss cooperation in the electricity sector. The meeting covered solar energy projects, smart metering systems, and improvements to electricity generation, transmission, and distribution infrastructure. The ambassador expressed the United Kingdom's readiness to support the […]
By John Lee. A Czech-Iraqi water forum has been held in Baghdad under the theme "Czech Solutions for Iraq's Water," bringing together Iraqi officials and a delegation of Czech companies specialising in water management, wastewater treatment, desalination, and smart water technologies. According to the Ministry of Construction, Housing and Public Municipalities, the forum aimed to […]
By John Lee. The General Company for the Manufacture of Pharmaceuticals and Medical Supplies in Samarra has resumed production of Lidomax, a topical local anaesthetic, after a halt of more than four years. The company, which operates under the Ministry of Industry and Minerals, said the product has been returned to the local market. The […]
By Noam Raydan, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Energy Challenges Amid the Hormuz Crisis The recent rebound in crude exports is welcome but only partial, and officials have yet to find answers […]
By Ali Ibrahim Al-Asadi (Ali Zuweid), Founder of Iraq Vision 2045. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Vision 2045: Turning Oil Wealth into a Productive Economy Iraq's economic transformation requires a stronger connection between the wealth it earns today and the […]
By John Lee. China's ZTE Corporation has signed a Memorandum of Understanding (MoU) with Mannai Digital Transformation, a regional ICT solutions and services provider, at the 5th Iraq International Telecommunications and Information Technology Exhibition and Conference (ITEX IRAQ 2026). Communications Minister Mustafa Jabbar Sanad attended the signing. The MoU focuses on digital transformation in Iraq, […]
By John Lee. Somalia and Iraq have held talks on activating their bilateral joint committee and expanding economic and agricultural cooperation, including the potential launch of Somali livestock exports to Iraq. According to the Ministry of Foreign Affairs of Somalia, the discussions took place on the sidelines of the 52nd OIC Council of Foreign Ministers […]
By John Lee. Five grain storage silos are being built across Iraq by Switzerland-based Bühler, covering the provinces of Najaf, Anbar, Muthanna, Wasit, and Kirkuk. Bühler is responsible for the electromechanical works, while Samco is carrying out civil construction. Minister of Trade Mustafa Nizar Jumaa visited Bühler's headquarters in Switzerland, accompanied by Dr Haider Nouri […]
