Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
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 […]
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 […]
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 […]
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)
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. […]
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 […]
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, […]
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 […]
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 […]
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], […]
By John Lee. [Update: On 16th October 2025, Citi Pharma clarified to the Pakistan Stock Exchange that no decision had been made to open a factory in Iraq. Our article below was based on a post that Citi Pharma published on its own Facebook page, in which it clearly states, "We are excited to announce […]
