Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Ministry of Trade, through its Department of Foreign Economic Relations, has held a preparatory meeting ahead of the fourth session of the Iraq-US Trade and Investment Council, with participation from representatives of relevant ministries and agencies. According to a ministry statement, Director General Riyadh al-Hashimi said the meeting reviewed Iraqi proposals […]
By John Lee. Major international entertainment and sports organisations have launched a coordinated campaign urging the Iraqi government to shut down illegal streaming platforms that are costing the country's potential digital media market up to $1 billion annually. The campaign follows the Iraq Without Piracy Summit held in Baghdad in February, which brought together local, […]
By John Lee. Iraq's Minister of Trade Dr Atheer Daoud al-Ghurairi has announced the approval of Prime Minister Mohammed Shiaa al-Sudani to allocate 500 billion Iraqi dinars [≈ $340 million] in support of farmers across all provinces. The initiative aims to strengthen the agricultural sector and enhance national food security. According to a ministry statement, […]
By Hayder Al Shakeri for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Why is energy-rich Iraq still having to import electricity? For more than a decade, Iraq's power system has relied heavily on Iranian gas and electricity imports, which at […]
ROX Motor's Silk Road Tour Reaches Iraq, Strengthening Regional Connectivity and Sustainable Mobility BAGHDAD, IRAQ, Sep 4, 2025 - ROX Motor, an international luxury new energy vehicle brand committed to becoming the leading new energy vehicle brand for outdoor lifestyle enthusiasts worldwide by 2030, has completed the Iraq leg of its 25,000 km Silk Road […]
By John Lee. Iraq's National Investment Commission (NIC), in cooperation with the United Nations Development Programme (UNDP), has held a workshop to discuss the first phase of Iraq's National Climate Investment Plan (CIP) for 2025-2030, which was launched in July. The meeting in Baghdad was attended by international organisations, diplomatic missions, the Ministry of Environment, […]
By John Lee. Iraq has signed a contract to establish its first government data centres for commercial use. The agreement was signed in Baghdad between the General Company for Communications and Informatics and the Finnish company Nokia. The project will see the construction of two centres, located at the Intisar and al-Rashid (al-Sinak) exchanges. Minister […]
By John Lee. The Iraqi Council of Representatives has voted to authorise the Minister of Finance, or her delegate, to negotiate and sign - either definitively or at initial stage - the draft law ratifying the Agreement on the Avoidance of Double Taxation and the Prevention of Tax Evasion with respect to taxes on income […]
By John Lee. Iraq's Ministry of Trade has held an expanded meeting, chaired by Hashim Mohammed Hatem, Director General of the General Company for Car and Machinery Trade, to discuss preparing a study aimed at reducing car imports in line with comments from the Ministerial Council for Economy. The meeting was part of the work […]
From the European Bank for Reconstruction and Development (EBRD): The European Bank for Reconstruction and Development (EBRD) is welcoming Iraq as a country of operation. In parallel, Catarina Bjorlin Hansen has been appointed as the Bank's first Head of Iraq. Ms Bjorlin Hansen will be responsible for EBRD investments and operations in the country and report […]
IFC Marks 20 Years of Partnerships for Impact in Iraq, Announces $1bn in New Investments The International Finance Corporation (IFC), a member of the World Bank Group, held an IFC Partnerships Day in Baghdad on Saturday, under the patronage of His Excellency Mr. Mohammed Shia' al-Sudani, Prime Minister of Iraq, to mark two decades of […]
By John Lee. TotalEnergies, in partnership with Basra Oil Company (30%) and QatarEnergy (25%), has signed the final contracts of the Gas Growth Integrated Project (GGIP) at the Ratawi [Artawi] field in Basra, under the patronage of Prime Minister Mohammed Shia al-Sudani. The agreements include: a joint operating contract between the Ministry of Oil, Basra […]
