Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

What Iraq could Learn from China's Rural Revival

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. What Iraq could Learn from China's Rural Revival For decades, the prevailing wisdom across Iraq and much of the region has been that opportunity lies in the city. Villages steadily emptied as successive […]

KRG's 'Gashanawa' Project to Support 100 SMEs

By John Lee. The Kurdistan Regional Government (KRG) has launched the second phase of the Gashanawa [Shine] Project, which will provide financial support of between IQD 1 million ($763) and IQD 150 million ($114,500) to 100 small and medium-sized enterprises in the agricultural and industrial sectors. According to the KRG's Department of Media and Information, […]

Iraqi Court Recovers $15m in Corruption Case

By John Lee. An Iraqi court has recovered IQD 20 billion (USD 15.3 million) in a financial and administrative corruption case. According to the Supreme Judicial Council (SJC), the funds were recovered by the Rusafa Investigation Court, which specialises in integrity and money-laundering cases, in connection with offences including financial fraud. (Source: Supreme Judicial Council)

Iraq-Turkey Roundtable on Trade and Investment

By John Lee. An Iraqi-Turkish roundtable meeting has taken place in Baghdad, focused on strengthening economic and trade relations between the two countries. The meeting was chaired by Prime Minister Ali al-Zaidi and attended by a large number of Turkish business representatives, as well as a government delegation that included Minister of Trade Mustafa Nizar […]

Iran War "Has Cost Iraq $45bn"

By Mustafa Saadoon, for Alhurra. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Exclusive: Iran War Has Cost Iraq $45 Billion Official sources said that collapsing oil exports and stalled development projects have inflicted massive losses on the country as Baghdad bets on deeper […]

Iraq and Turkey Agree to Launch Development Road Project

By John Lee. Iraq and Turkey have agreed to begin work on the Development Road project, with several contracts signed covering energy, transport, education, and water during a visit to Ankara by Prime Minister Ali al-Zaidi. According to the Prime Minister's Office, Ali al-Zaidi made the announcement at a joint press conference with Turkish President […]

Iraqi-German Business Ties on Agenda as PM Meets Ambassador

By John Lee. Iraqi Prime Minister Ali al-Zaidi has received Germany's Ambassador to Iraq, Daniel Krebber, for talks on bilateral relations and economic cooperation. According to the Prime Minister's Office, discussions covered ways to strengthen cooperation across various sectors, as well as regional and international developments. Al-Zaidi highlighted the government's programme of economic, financial, and […]

Data Centre Partnership for Nineveh's Digital Infrastructure

By John Lee. A memorandum of understanding (MOU) has been signed between the Uptime Institute and the Governorate of Nineveh to advance the region's digital infrastructure and support Iraq's national digital agenda. According to a press release published by Business Wire, the agreement was signed on 17th July at the U.S.-Iraq Business Summit, held at […]

Iraq-Jordan Trade Ties Under Discussion in Baghdad

By John Lee. Iraq's Minister of Trade, Mustafa Nizar Jumaa, met on Sunday with the Jordanian Ambassador to Iraq, Dr Maher Salem Al-Tarawna, to discuss ways to strengthen economic and trade cooperation between the two countries. According to Iraq's Ministry of Trade, the meeting included discussion of convening the Iraqi-Jordanian Economic and Trade Committee in […]

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