Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Housing Boom is Leaving its Aspirational Class Behind In Erbil, the capital of Iraqi Kurdistan, a young professional said she considers herself fortunate by earning some two million IQD (1,500 USD) a […]
By John Lee. A 750-megawatt solar power station planned for Muthanna province has moved forward following discussions between Iraq's Ministry of Electricity and Chinese company Power Construction Corporation of China (PowerChina). The meeting also covered the technical and implementation stages of the project, and progress on related procedures. According to the Ministry of Electricity, 250MW […]
By John Lee. Iraq has launched the second phase of a project to develop commercial exchange yards at its land border crossings with neighbouring countries. According to the Ministry of Transport, the initiative is part of government efforts to increase non-oil revenues and strengthen governance and automation at border facilities. Murtada al-Shahmani, Director General of […]
By John Lee. A partnership agreement for integrated waste management has been signed between the General Company for Carbon Economics and German firm Sutco RecyclingTechnik GmbH, with support from the Iraqi Ministry of Environment and the German Embassy in Baghdad. The project aims to develop an integrated waste-management system covering the collection, transportation, and treatment […]
By John Lee. A concrete plant in the Al-Fahamah area near Baghdad's Jazirat Baghdad district has been closed following a field inspection that found it was not meeting environmental standards. Environment Minister Sarwa Abdul-Wahid carried out the inspection in response to complaints from local residents. (Source: Ministry of Environment)
By John Lee. The Central Bank of Iraq (CBI) has denied media reports that it is printing new banknotes with zeros removed, ahead of a planned currency redenomination. In a statement on Wednesday, the CBI said the reports have no official basis and that no new redenominated currency is being printed. It added that any […]
By John Lee. Egypt and Iraq have held ministerial talks on expanding cooperation in digital transformation, artificial intelligence, and telecommunications infrastructure. The meeting was attended by Ahmed Khafaji, Egypt's ambassador to Baghdad, and Dr Qahtan al-Janabi, Iraq's ambassador to Cairo and permanent representative to the Arab League. Iraq's Minister of Communications, Mustafa Jabbar Sanad, met […]
By John Lee. The Netherlands Embassy in Baghdad is to lead the first Dutch agri-food trade mission to federal Iraq in almost 15 years, visiting Baghdad and Kerbala from 28 to 30 October 2026. The mission will connect Dutch companies and knowledge institutes with Iraqi businesses, government officials, and other key players to explore trade, […]
By John Lee. The director-general of the Middle Euphrates Electricity Production Company and one of the company's employees have been sentenced to six years in prison and a fine of IQD 10 million (USD 7,600) each for accepting bribes in exchange for releasing payments owed to a contractor. According to the Federal Commission of Integrity, […]
By John Lee. A meeting has been held at Iraq's Ministry of Planning to discuss the activation and development of the Iraq Development Management System (IDMS), a digital platform used to monitor and manage investment projects and government programmes. The meeting, attended by Basim Dari, Director General of the Sector Planning Directorate, and Tahseen Mahmoud […]
By John Lee. Prime Minister Ali al-Zaidi has received the envoy of Libya's Government of National Unity, Al-Taher Salem Al-Baour, along with an accompanying delegation. Al-Baour delivered a letter from Libyan Prime Minister Abdul Hamid Mohammed al-Dabaiba, which affirmed the importance of strengthening bilateral relations between the two countries and expressed an interest in convening […]
By John Lee. The General Company for the Pharmaceutical Industry and Medical Supplies in Samarra has produced the broad-spectrum antibiotic moxifloxacin for the first time, adding it to its range of pharmaceutical products. According to the Ministry of Industry and Minerals, the drug is used to treat a range of bacterial infections in adults, including […]
