Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani met in Baghdad on Wednesday with the Swiss Ambassador to Iraq, Daniel Hunn, and the Swedish Ambassador, Jörgen Lindström, accompanied by senior representatives from Linxon, including its Executive Director and the company's Head for Asia and the Middle East. The Prime Minister welcomed the presence of international, […]
By John Lee. Dear Tech Company has won a contract with the United Nations Development Programme (UNDP) for the "Supply of goods for donation STRIVE Juvenile project in Baghdad." Contract value is stated as $53,983.29. (Source: UNGM)
By John Lee. Pakistan's Citi Pharma has said it has not made a decision regarding the establishment of a pharmaceutical manufacturing facility in Iraq. In a statement to the Pakistan Stock Exchange (PSX) on Thursday, the company blamed social media for spreading inaccurate information, and said it had only recently become aware of the reports. […]
From the Iraq Britain Business Council (IBBC): IBBC Autumn conference 'Gateway to Iraq' Basrah is the physical and symbolic gateway to Iraq, with ports for export and import and the impressive massive new Al Faw port, with links into Iraq. There are plans to build freeports for businesses and communities along the development road to […]
By John Lee. The Ministry of Trade has held a joint meeting between the Department of Foreign Economic Relations and the economic team from US-based KBR to discuss areas of cooperation supporting Iraq's trade policies and digital transformation efforts. According to a ministry statement, Director General of the Department, Riyadh Al-Hashemi, highlighted the importance of […]
By John Lee. Delta Informatics, based in the Jordanian capital Amman, has won a contract with the International Labour Organization (ILO) for, "Procurement of MIS for The Iraqi Company for Bank Guarantees (ICBG)" Description (RFP/28/2025/JOG/HQ): "The International Labour Organization (ILO) is seeking a qualified technology solution providers to propose a comprehensive, scalable, and secure Management […]
By John Lee. The Administrative Deputy Minister of Trade, Sattar Al-Jabri, met representatives of Euler Hermes, the German export credit agency, to discuss ways to support and encourage German investment in Iraq. The meeting was held at the Iraqi Embassy in Berlin on the sidelines of the Iraq Economic Conference, in the presence of the […]
By John Lee. The Baghdad International Fairground will host the inaugural Iraq International Transport, Airports, and Logistics Exhibition (ITLEXPO 2025) from 15-17 October 2025. According to a statement from the Ministry of Trade's media office, quoting Dr Mustafa Al-Ani, Director General of the General Company for Iraqi Fairs and Commercial Services, the event - held […]
By John Lee. An Iraqi government spokesman has said Iraq views recent US sanctions against Iraqi enities, including the Muhandis General Company [Sharakat al-Muhandis al-Amma], as "deeply regrettable," describing it as a unilateral action that contradicts the spirit of friendship and mutual respect between the two countries. Basim Alawadi added that the Prime Minister has […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for the Medical Health City project in southern Baghdad, covering an area of 120,000 m². The launch ceremony was attended by the Minister of Health and representatives of international pharmaceutical companies. The project includes five pharmaceutical factories with a total investment […]
By John Lee. The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed new sanctions targeting individuals and companies accused of helping the Iranian regime evade US sanctions, smuggle weapons, and engage in corruption through networks operating in Iraq. According to a statement from OFAC, the designations target Iraq-based financial and […]
By Noam Raydan and Soner Cagaptay, 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. How Renewed Oil Flows from the ITP Could Benefit U.S.-Iraq-Turkey Relations The potential economic and strategic benefits of reopening the northern Iraqi […]
