Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The two-day Internet Governance Forum (IGF) Iraq 2025 concluded on Sunday, marking the country's first national forum held under the umbrella of the United Nations. The opening session, titled "Internet Governance in Iraq," was moderated by Laith Al-Jazaeri and featured Dr. Hayam Al-Yasiri, Minister of Communications, as guest speaker. Day two included […]
By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a network of shipping companies and vessels led by Iraqi-Kittitian businessman Waleed al-Samarra'i, accused of smuggling Iranian oil disguised as Iraqi-origin crude. According to the Treasury, the network covertly blended Iranian oil with Iraqi oil and […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani met on Sunday with a group of businessmen and representatives of 17 Turkish companies from various sectors, in the presence of the Chairman of the National Investment Commission (NIC), the Executive Director of the Iraq Development Fund, several advisers, and the Turkish Ambassador to Iraq. The press […]
By John Lee. South Korea's Hyundai Everdigm has signed a contract for the provision of various firefighting and rescue vehicles, spare parts, and training services to Iraq's Ministry of Interior. The contract, valued at 135,280,288,000 KRW [$97 million], represents 38.09% of the company's most recent annual revenue of 355,118,376,929 KRW [$256 million]. It is set […]
By John Lee. Erbil-based SoftMax has won a contract with the International Labour Organization (ILO) for, "Business Process Re-engineering, Digital Transformation and IT System Development" The contract value was not disclosed. (Source: UNGM)
By Hayder Al-Shakeri, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's water crisis: Dammed by neighbours, failed by leaders Scarcity of water is not only a national crisis for Iraq, but a growing driver of internal tension. Click here to […]
By John Lee. Rawnaq Al-Balad Al-Tayeb has won a contract with the United Nations Office for Project Services (UNOPS) for "Supplying Water Equipment- Anbar (LIRA II)" The contract value was stated as $177,748. (Source: UNGM)
By John Lee. Iraq's Minister of Industry and Minerals, Khalid Battal Al-Najm, has inaugurated five advanced medical projects at the Baghdad factory of Samarra Pharmaceutical Company. The initiative aims to enhance the production of vital medical supplies while encouraging private sector participation in the healthcare industry. Minister Al-Najm highlighted that the Baghdad factory produces a […]
By John Lee. Zain Group has announced the regional expansion of its flagship startup accelerator, Zain Great Idea (ZGI 2025), now open to innovators in Kuwait, Bahrain, Iraq, Jordan, Saudi Arabia, and UAE. The program is powered by Zain Ventures, the Group's venture capital arm, and ZainTECH, its digital solutions enterprise. For the first time […]
By John Lee. Motorola Mobility, owned by Chinese company Lenovo, has officially launched its devices in Iraq through a partnership with Al-Watani Telecom. Sharay Shams, General Manager for Middle East, Africa, Turkey and CIS at Motorola Mobility, described Iraq as a robust market in the region, with an estimated total addressable market (TAM) of 10 […]
Meta and Google Join Local Stakeholders at Iraq's First Internet Governance Forum Baghdad will host the country's first Internet Governance Forum (IGF) on 30-31 August, bringing together global and local voices to shape Iraq's digital future. Organized under the official United Nations IGF framework, the event marks a milestone in Iraq's engagement with international internet […]
By John Lee. The fourth session of the Armenia-Iraq Joint Intergovernmental Commission on Economic Cooperation was held in Yerevan on Tuesday 26th August. The meeting was co-chaired by Armenian Minister of Economy Gevorg Papoyan and Iraqi Minister of Agriculture Abbas Al-Maliki. Discussions covered expanding cooperation in trade, industry, agriculture, energy, high technologies, digitalisation, healthcare, infrastructure, […]
