Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq's National Investment Commission (NIC), in cooperation with the United Nations Development Programme (UNDP), has held a workshop to discuss the first phase of Iraq's National Climate Investment Plan (CIP) for 2025-2030, which was launched in July. The meeting in Baghdad was attended by international organisations, diplomatic missions, the Ministry of Environment, […]
By John Lee. Iraq has signed a contract to establish its first government data centres for commercial use. The agreement was signed in Baghdad between the General Company for Communications and Informatics and the Finnish company Nokia. The project will see the construction of two centres, located at the Intisar and al-Rashid (al-Sinak) exchanges. Minister […]
By John Lee. The Iraqi Council of Representatives has voted to authorise the Minister of Finance, or her delegate, to negotiate and sign - either definitively or at initial stage - the draft law ratifying the Agreement on the Avoidance of Double Taxation and the Prevention of Tax Evasion with respect to taxes on income […]
By John Lee. Iraq's Ministry of Trade has held an expanded meeting, chaired by Hashim Mohammed Hatem, Director General of the General Company for Car and Machinery Trade, to discuss preparing a study aimed at reducing car imports in line with comments from the Ministerial Council for Economy. The meeting was part of the work […]
From the European Bank for Reconstruction and Development (EBRD): The European Bank for Reconstruction and Development (EBRD) is welcoming Iraq as a country of operation. In parallel, Catarina Bjorlin Hansen has been appointed as the Bank's first Head of Iraq. Ms Bjorlin Hansen will be responsible for EBRD investments and operations in the country and report […]
IFC Marks 20 Years of Partnerships for Impact in Iraq, Announces $1bn in New Investments The International Finance Corporation (IFC), a member of the World Bank Group, held an IFC Partnerships Day in Baghdad on Saturday, under the patronage of His Excellency Mr. Mohammed Shia' al-Sudani, Prime Minister of Iraq, to mark two decades of […]
By John Lee. TotalEnergies, in partnership with Basra Oil Company (30%) and QatarEnergy (25%), has signed the final contracts of the Gas Growth Integrated Project (GGIP) at the Ratawi [Artawi] field in Basra, under the patronage of Prime Minister Mohammed Shia al-Sudani. The agreements include: a joint operating contract between the Ministry of Oil, Basra […]
By John Lee. Iraq's Ministry of Oil has confirmed the allocation of 18,000 residential land plots to employees of state-owned oil companies in Basra. The announcement was made on Monday by Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani. Half of the plots will be distributed to Basra Oil Company (BOC) staff, […]
The College of Engineering at the University of Sulaimani has formally signed a Memorandum of Understanding (MoU) with the Irish Emergency Logistics Team during a ceremony held in Erbil. The event was attended by Assistant Professor Dr. Sirwan Khurshid, Dean of the College of Engineering at the University of Sulaimani, Andrew Paisley, British Consul General […]
By John Lee. The State Company for Food Products, part of the Ministry of Industry and Minerals, has signed a partnership contract to rehabilitate and operate several production lines at the Al-Maamoun Factory, as part of its plan to modernise operations and strengthen its presence in the local market. Director General Eng. Haider Shwea said […]
By John Lee. Chroo Company for General Contracting has won a contract with the United Nations Development Programme (UNDP) for the "Date Palm Value Chain Project." Contract value is stated as $64,520.71. (Source: UNGM)
By John Lee. Deputy Prime Minister and Foreign Minister Fuad Hussein inaugurated on Wednesday, 10 September 2025, the new 'Tasheel' service for the electronic authentication of documents through secure mail at the Ministry's Consular Department. The launch was attended by Consular Department Director Dr. Falah Abdul Hassan and representatives from the Ministry of Communications. Minister […]
