Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq's Ministry of Trade has held talks with the Iraq-Korea Business Council to discuss strengthening economic and trade relations and advancing private sector support plans. Dr. Malik Khalaf al-Durai'i, Director-General of the Private Sector Development Directorate, visited the council's headquarters and met with its president and members. He underlined the importance of […]
By John Lee. Iraqi customs revenues are expected to reach 4 trillion dinars ($3.05 billion) by the end of 2025, up from around 800 billion dinars ($610 million) before the introduction of the ASYCUDA (Automated System for Customs Data) system in 2022. The director-general of the General Customs Authority, Thamer Qasim (pictured), attributed the rise […]
By John Lee. Ford Middle East and North Africa has appointed Shimal Al Jazeera Auto-Trading and Commercial Agencies (SAT) as its distributor partner in Iraq, effective 1 October 2026. According to a press release from Ford, SAT is a strategic alliance between March Holding, a regional investment group with a diversified portfolio across technology, financial […]
By John Lee. Iraq and Palestine have discussed cooperation on the pharmaceutical sector, including procedures for registering Palestinian drug products with Iraqi authorities to facilitate their entry into the Iraqi market. The talks took place on the sidelines of the 118th regular session of the Arab League's Economic and Social Council, where Minister of Trade […]
By John Lee. Iraq's Ministry of Planning has held a virtual meeting with the International Labour Organization (ILO) to discuss organising a workshop on building inclusive and risk-informed small and medium-sized enterprises (SMEs) in Iraq, as part of efforts to support sustainable recovery and local economic development. According to the Ministry of Planning, the workshop […]
By John Lee. Trade relations between Iraq and Tunisia were discussed on the sidelines of the 118th ordinary session of the Economic and Social Council of the Arab League, with both sides exploring ways to increase bilateral trade and expand Iraqi exports to the Tunisian market. According to the Iraqi Ministry of Trade, Minister Mustafa […]
By John Lee. The Iraq Securities Commission (ISC) has warned citizens and investors against dealing with unlicensed companies and entities that promote investment services or opportunities without regulatory approval. According to the ISC, some entities use trade names, websites, or social media pages to present themselves as authorised financial or investment institutions, and offer promises […]
By John Lee. Belarus's ambassador to Iraq, Anatoly Glaz, visited Baghdad from 1st to 3rd September for a series of bilateral meetings, according to Belarus's Ministry of Foreign Affairs. On 1st September, Glaz presented copies of his credentials to Foreign Minister Fuad Hussein. Discussions covered the restoration of Belarusian-Iraqi cooperation, including the resumption of the […]
By John Lee. Two new seed purification and processing lines have been inaugurated at the Ahlelah facility in Nineveh province, raising total production capacity at the site to 30 tonnes per hour. Each line has a capacity of 10 tonnes per hour. The project was implemented by the emergency loan project team of the World […]
By John Lee. Iraq has proposed three strategic initiatives to strengthen transport continuity, trade flows, and supply chains across the Arab region, presented at the third virtual meeting of the United Nations Economic and Social Commission for Western Asia (ESCWA) on 2nd September 2026. According to the Ministry of Transport, the initiatives were put forward […]
By John Lee. A memorandum of understanding (MoU) has been signed between the Federation of Iraqi Chambers of Commerce and the Federation of Indian Chambers of Commerce and Industry, via video call. The signing was held under the auspices of the Department of Foreign Economic Relations of the Ministry of Trade. The MoU was signed […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq Offers Cash Rewards for Blowing the Whistle on Corruption Iraq is offering cash rewards to members of the public who report embezzlement and other financial […]
