Archive | Iraq Industry & Trade News

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

New UAE-Iraq Cross-Border B2B Trade Platform

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, […]

Toyota Launches Industrial Project in Baghdad

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 […]

Major Int'l Horticultural Expo planned for Baghdad

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 […]

Iraq Reaches Settlement with Dutch Companies in $800m Claims

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], […]

Iraq Declares Babylon as "Industrial Capital", Opens New Factories

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 […]

Work Starts on Iraq's First Plastic Granules Plant

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 […]

New Alliance to Combat Corruption in Iraq

By John Lee. Iraq's Commission of Integrity and the Iraqi National Security Service have signed a cooperation agreement aimed at strengthening joint efforts to combat corruption and crimes that threaten national security and Iraq's economic interests. The agreement covers the exchange of information on corruption suspects and the recovery of stolen assets, as well as investigations […]

Iraq Launches "Vision 2050" Strategy for Sustainable Development

By John Lee. Prime Minister Mohammed Shiaa al-Sudani on Saturday launched "Iraq Vision 2050: Towards Development and the Future" at a ceremony attended by government leaders, private sector representatives, diplomats, academics, and media professionals. The official government press release did not make the plan available to the public. Al-Sudani praised the work of the National […]

Iraq starts Official Electronic Signature System

By John Lee. Prime Minister Mohammed Shiaa al-Sudani has approved the launch of an official electronic signature system for state institutions, the private sector, and citizens. The measure implements the Electronic Signature and Electronic Transactions Law No. 78 of 2012 and its 2025 regulations. Al-Sudani and Minister of Communications Dr Hiyam al-Yasiri carried out the […]

Iraq Opens First Solar Power Plant in Karbala

By John Lee. Prime Minister Mohammed Shiaa al-Sudani on Sunday inaugurated, via videoconference, the first phase of the Karbala Solar Power Plant, Iraq's first project of its kind, in the presence of the Minister of Electricity. Al-Sudani praised the efforts of the Ministry of Electricity and local authorities in Karbala for completing the project, highlighting […]