Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Ministry of Electricity's Undersecretary for Production Affairs, Eng. Mohammed Nema Al-Tufaily, chaired a key meeting with Shanghai Electric to set firm timelines for the execution and completion of combined-cycle projects and rehabilitation of power stations. The talks, attended by senior ministry officials and regional power company directors, focused on government-mandated programmes […]
By John Lee. The Iraqi Ministry of Industry and Minerals, chaired by Minister Prof. Eng. Khaled Battal Al-Najm, has approved the awarding of key industrial city projects during the second session of the Industrial Cities Authority's Board of Directors. Among the approved projects are: The establishment of Iraq's first pharmaceutical industrial city in Babylon, covering […]
By John Lee. Iraq's Ministry of Electricity has reportedly purchased ten telescopic truck-mounted lifts made by Italian firm CTE. The equipment was supplied by Precision Machinery, CTE's distributor in the UAE. More here. (Sources: Precision Machinery, Vertikal)
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Saturday inaugurated the Iraq Investment Forum (IIF) in Baghdad, unveiling investment opportunities worth $450 billion [IQD 587 trillion] across more than 160 projects in various sectors. In his speech, Al-Sudani welcomed participants, praising the National Investment Commission (NIC), the Iraqi Economic Council (IEC), and supporting bodies. […]
By John Lee. Minister of Higher Education and Scientific Research and Chairman of the Iraqi Atomic Energy Commission (IAEC), Dr. Naim Al-Aboudi, has laid the foundation stone for the Ministry's Sub-Critical System and Central Laboratories project. A subcritical nuclear system is a nuclear fission setup where the chain reaction cannot sustain itself. Speaking at the […]
By John Lee. A strategic partnership between gini, Qi Card of Iraq, and Global X of the UAE has announced the integration of gini's network with Tradex, marking what it describes as the launch of the region's first fully integrated cross-border B2B digital trade platform. The announcement in Dubai was attended by partners including Mastercard, […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Wednesday inaugurated the implementation of the Toyota Iraq industrial, storage, and service investment project in Baghdad. Al-Sudani described the initiative as a landmark for foreign investment in Iraq, highlighting it as a model of partnership between the national private sector and global companies. He underlined that […]
By John Lee. The International Association of Horticultural Producers (AIPH) has formally approved Expo 2029 Garden in Baghdad, marking Iraq's first AIPH-approved International Green Expo. The approval followed an application process, site inspection, and a letter of endorsement from Prime Minister Mohammed Shia Al-Sudani, who confirmed the project as a national strategic priority. Expo 2029 […]
By John Lee. The Iraqi Ministry of Justice has announced a major legal settlement with three Dutch companies. It said that the companies had filed international lawsuits against Iraq with claims amounting to about $800 million [IQD 1.04 trillion]; following "sustained legal and technical negotiations," the amount was reduced to $80 million [IQD 104 billion], […]
By John Lee. [Update: On 16th October 2025, Citi Pharma clarified to the Pakistan Stock Exchange that no decision had been made to open a factory in Iraq. Our article below was based on a post that Citi Pharma published on its own Facebook page, in which it clearly states, "We are excited to announce […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has officially declared Babylon as the "Industrial Capital of Iraq," marking a significant milestone in the country's industrial development. During a ceremony at Al-Mutahida Packaging in Babylon, Al-Sudani inaugurated a plastic ampoules and caps factory with a capacity of 120,000 tonnes annually, a flexographic printing plant with […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has laid the foundation stone for Iraq's first factory to make plastic granules. The facility, in Babylon province, will have a capacity of 300 tonnes per day. Developed by Al-Mutahida Packaging, the project is expected to support local industry, reduce import dependency, and create new job opportunities […]
