Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
From Shafaq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Dollar rises in Baghdad and Erbil The US dollar closed Thursday's trading higher in Iraq, hovering around 150,000 dinars per 100 dollars. Click here to read the full article. See also: US Reaffirms Support […]
By John Lee. Iraq's Ministry of Planning has held a steering committee meeting for the Supporting Economic Transformation (SET) project, in cooperation with the German Agency for International Cooperation (GIZ), to review progress and agree a roadmap for 2026. According to the Ministry, the meeting assessed achievements during 2025 and finalised joint planning for 2026, […]
By John Lee. The General Directorate for Industrial Development at the Ministry of Industry and Minerals granted 1,867 licences under establishment for new industrial projects during 2025, according to an official statement. The Director General, Ali Ibrahim, said the licences covered a wide range of sectors, including food, chemical, metal, construction, textile and engineering industries, […]
By John Lee. The Ministry of Electricity is moving to deepen its strategic partnership with General Electric (GE) of the United States, as part of plans to add up to 24,000 megawatts of new generation capacity and strengthen the national power system. The Director General of the Planning and Studies Department, Hussein Badr, chaired a […]
By John Lee. The Deputy Prime Minister for Energy and Minister of Oil, Hayan Abdul Ghani Al-Sawad, has formally assumed his duties as Acting Minister of Electricity, following an official mandate from the Council of Ministers. He replaces Ziyad Ali Fadhil [Fadel], who has taken up his seat as a member of parliament. According to […]
By John Lee. The State Company for Automotive Industry (SCAI), under the Ministry of Industry and Minerals, has completed production of the first batch of 360 single-cabin Kia field vehicles, assembled entirely by Iraqi hands in partnership with Kia Motors of South Korea. The company's Director General, Dana Saadallah Saeed, announced that the vehicles, model […]
By John Lee. Iraq's Ministry of Transport has announced a series of measures agreed with Egypt to facilitate road transport of passengers and goods between the two countries. The decisions were reached during the first meeting of the joint technical committee, held in Cairo on 13-14 January 2026, as part of the implementation of the […]
By John Lee. Al-Zawraa General Company, part of the Ministry of Industry and Minerals, has signed a new contract to supply, install and operate a hybrid solar power plant for the Arab Oil Training Institute. The project will have a capacity of 120 kW, supported by lithium battery storage with a capacity of 122 kWh, […]
By John Lee. The General Secretariat of the Council of Ministers has held the first meeting of the committee supporting women's economic empowerment in the agricultural and environmental sectors. The committee was formed under Diwani Order No. 89 of 2025. The meeting took place at the General Secretariat of the Council of Ministers. The Deputy […]
From UNESCO. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. EU-Funded Agri-food business development programme highlights progress and pathways to private sector investment in Iraq Partners of the European Union-funded Agri-food Business Development Programme (AfBDP) convened in Baghdad at a high-level event organized by […]
By John Lee. Prime Minister Mohammed Shia' al-Sudani has launched a project to automate property sale and ownership transfer transactions at the General Directorate of Real Estate Registration within the Ministry of Justice. The system is intended to support administrative and financial reform, improve transparency, and protect citizens' property rights. Al-Sudani said the directorate is […]
By John Lee. State-owned Rafidain Bank has announced the launch of the 50th tranche of its Riyada wa Tamayuz (Entrepreneurship and Excellence) initiative to support small and medium-sized enterprises. The tranche totals IQD 1 billion (approximately USD 0.77 million) and will benefit 82 recipients. According to a statement from the bank's media office, the funding is […]
