Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The General Company for Ports of Iraq (GCPI) has launched a significant digital transformation by integrating what it describes as "advanced fifth-generation (5G) smart equipment" into its operational infrastructure, marking a major step toward full automation in Iraq's maritime sector. According to Director General Dr. Eng. Farhan Al-Fartousi, the company received a […]
By John Lee. Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, chaired a meeting at the Ministry's headquarters to explore a potential partnership agreement with Saudi company Ajyal for the establishment of a petrochemical complex in Basra. The proposed complex would be built on the site of the State Company for Petrochemical Industries in […]
By John Lee. The General Company for Food Products, part of Iraq's Ministry of Industry and Minerals, has signed two public-private partnership agreements to rehabilitate and develop its starch and dextrin factory in Babil province and the Al-Ameen soap and detergents factory. According to Director General Eng. Haider Shwia Mazal, these partnerships aim to modernise […]
By John Lee. The Iraqi Ministry of Higher Education and Scientific Research has announced the establishment of two new colleges at the University of Baghdad: the College of Excellence and the College of Artificial Intelligence, with operations set to begin in the 2025/2026 academic year. The initiative was ordered by Higher Education Minister Dr. Naeem […]
From the Atlantic Council: The Atlantic Council announced that Victoria J. Taylor, former deputy assistant Secretary of State for Iraq and Iran, will be the new director of the Iraq Initiative within its Middle East Programs. Taylor brings a distinguished background as a national security leader with over two decades of experience in the Middle […]
By John Lee. The Iraqi Ministry of Health has held high-level discussions with a delegation from French pharmaceutical company Sanofi, aimed at strengthening collaboration on biopharmaceutical development, healthcare capacity-building, and policy modernisation. The meeting was chaired by Health Minister Dr. Saleh Mahdi Al-Hasnawi, who welcomed Sanofi's delegation led by Dr. Rami Nassar. The minister emphasised […]
By John Lee. The Iraqi Oil Ministry's Undersecretary for Distribution Affairs, Ali Maarij, has said that Iraq aims to incorporate 12 Gigawatts (GW) of solar power into its energy mix by 2030, alongside intensified efforts to capture natural gas and reduce flaring. He made the comments at a ceremony to launch a major new report […]
By John Lee. The Ministerial Council for the Economy has approved a proposal by the Ministry of Trade to establish a "Global Gold City" in Baghdad - a strategic initiative aimed at localising the gold and jewellery industry in Iraq and strengthening domestic production. Trade Minister Dr. Athir Daoud Al-Ghurairi described the project as a […]
By John Lee. The Governor of Nineveh, Abdul Qader al-Dakhil, has received Mohammed bin Abdulaziz Al-Ajlan, Chairman of the Saudi Contractors Authority, along with a delegation of Saudi businessmen. The meeting focused on enhancing cooperation between Iraq and Saudi Arabia in areas of mutual interest. Governor al-Dakhil described the visit as a significant step towards […]
By John Lee. The Iraqi Prime Minister has laid the foundation stone for the Shams Al-Basra solar power station, a landmark renewable energy project in Basra with a total generation capacity of 1,000 megawatts. Speaking at the inauguration, Mohammed Shia Al-Sudani highlighted the strategic importance of the project in supporting Iraq's power generation capacity and […]
By John Lee. The International Renewable Energy Agency (IRENA) has published a major new report on the status and outlook of Iraq's energy transition. It says: Iraq possesses vast renewable energy potential, yet the country's energy sector faces major challenges. This energy transition assessment evaluates Iraq's current energy landscape, highlighting the barriers to renewable energy […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for a major upgrade at the Dora [Doura] Thermal Power Plant in Baghdad, including the rehabilitation of two existing thermal units (2 x 160 MW) and the installation of two new units (2 x 160 MW), adding a total of 640 MW […]
