Archive | Iraq Industry & Trade News

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

LALIGA Hosts Economic Control Workshop for Iraqi Clubs in Madrid

By John Lee. Spain's LALIGA has advanced its partnership with the Iraqi Football Association (IFA) by holding an economic control workshop in Madrid for representatives of Iraq Stars League (ISL) clubs. The initiative forms part of a wider consultancy project aimed at professionalising Iraqi football and ensuring the long-term sustainability of its competitions. The workshop addressed […]

Iraq discusses Smart Meter Project with CHINT

By John Lee. The Director General of the Middle Euphrates Electricity Distribution Company, Eng. Haider Majid Abdul Karim, held a meeting with representatives of China's CHINT Group to discuss cooperation on the smart meters project. The session, attended by the Assistant Director General for Distribution Affairs and several technical officials, focused on CHINT's capabilities in […]

Australian Grants for Iraqis under Direct Aid Program (DAP)

By John Lee. The Australian Embassy in Iraq has launched its Direct Aid Program (DAP) for 2025, inviting applications from Iraqi NGOs, community-based organisations, and other non-commercial entities engaged in development or humanitarian work. The competitive small grants initiative supports community-led projects that deliver immediate and practical benefits, with funding of up to AUD 58,500 […]

Iraq, Saudi Firms sign Electrical Industry Agreements

By John Lee. The Minister of Industry and Minerals, Prof. Eng. Khaled Battal Al-Najm, oversaw the signing of partnership agreements between Iraqi private sector companies and their Saudi counterparts in the field of transformer and electrical equipment production. The signing took place during the Iraq Investment Forum, attended by the Saudi Ambassador to Iraq. According […]

First Kurdish-led Video Game presented at Gamescom

By John Lee. Kevir Entertainment, the first Kurdish-led video game studio, has presented its debut title at Gamescom in Cologne, Germany - the world's largest gaming convention. The Duhok-based studio, founded in 2023, developed its flagship game Operation Stutter after joining the inaugural Orange Corners KRI Accelerator in Erbil, where it refined its business model […]

Shanghai Electric discusses Iraq Power Projects

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 […]

Iraq Approves 3 New Industrial Cities

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 […]

Iraq buys Italian Truck-Mounted Lifts

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)

Iraq Announces $450bn Investment Opportunities

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. […]

Work starts on Iraq's Sub-Critical Nuclear Laboratory

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 […]

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 […]