Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq and Qatar have discussed steps to strengthen economic and trade cooperation, including advancing an investment protection and promotion agreement and expanding joint projects. The talks covered opportunities to diversify Iraq's import sources through Gulf states, improve logistics routes, and reduce transport costs by making greater use of advanced Qatari port services. […]
By John Lee. The Iraqi Ministry of Electricity has denied reports of any increase in electricity tariffs, describing circulating claims as false and misleading. The ministry said the current tariff remains fully subsidised and unchanged, with the residential rate set at IQD 10 per kilowatt-hour (approximately USD 0.008). It added that the state continues to […]
By John Lee. Iraq's Ministry of Trade has held talks with the Iraq-Italy Business Council (IIBC) on expanding economic cooperation and encouraging greater Italian investment in the Iraqi market. Discussions focused on opportunities in industry, services and technology, as well as measures to improve the business environment and support small and medium-sized enterprises. The ministry […]
From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Following the publication of two National Human Development Reports for Iraq in 2008 and 2014, it was anticipated that subsequent reports would be issued on a regular basis. This […]
By John Lee. A cross-border transport operation has highlighted Iraq's growing role as a key land bridge between the European Union and the Middle East, significantly reducing journey times using the TIR system. A TIR shipment carrying film and photography equipment travelled from Hungary to Jordan via Iraq in around six days, compared with approximately […]
The Iraq Britain Business Council (IBBC) hosted a very informative Tech Forum as part of its conference in Basra last week. Titled "AI as an Engine for National Transformation in Iraq," and moderated by IBBC's Ashley Goodall, it featured contributions from: Phil McCauley, Saibre Capital: AI-aligned capital investment and large-scale urban and infrastructure programmes Dr. […]
By Noam Raydan and James Jeffrey, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Oil from Northern Iraq Arrives in the United States After Pipeline Reopens s In addition to providing discounted crude of a quality […]
The UK Parliament's House of Commons Library has published its Iraq: Introductory Country Profile. This 21-page briefing provides an introduction to Iraq's: Leadership, politics, and political rights, including recent parliamentary elections, major political groupings, and political participation Human rights, such as the rights of women and freedom of religion or belief Trade with the UK and […]
By John Lee. The Prime Minister's Office hosted a meeting this week, chaired by adviser Eng. Adham Al Fakhar Al-Fakhar, to review outcomes of the Iraqi-French Business Forum delegation's visit to Paris. Discussions focused on forum sessions held in France, with participants presenting proposals and practical solutions aimed at converting talks into implementable projects in […]
By John Lee. Ahmed Tabaqchali of AFC Iraq Fund (and Expert Blogger on Iraq Business News) was interviewed this week on the Youtube channel Majlis & Markets, examining the true state of Iraq's economy, including stability since 2019, the Iraqi dinar (IQD), de-dollarisation, banking sector challenges, fintech growth, tokenisation, the Iraq Stock Exchange (ISX) and […]
From the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. AUIS Hosts Iraq's First National VEX Robotics Competition, Empowering the Next Generation of Innovators The American University of Iraq, Sulaimani (AUIS) proudly hosted Iraq's first-ever National VEX Robotics Competition […]
By John Lee. At the Iraq Britain Business Council (IBBC) conference in Basra, Prime Minister Mohammed Shiaa Al-Sudani reaffirmed the government's commitment to advancing investment in cooperation with the private sector and international partners. Held under the theme "Gateway to Iraq," the conference gathered senior Iraqi and UK officials and leading companies to explore trade […]
