Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Prime Minister Mohammed S. Al-Sudani has laid the foundation stone for the Al-Nasiriyah Combined-Cycle Power Plant Project in Dhi Qar Province. The 921-megawatt facility, powered by natural gas, is being built by Germany's Siemens and Turkish firm Enka on the site of the existing Al-Nasiriyah Steam Power Plant. The project aims to […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met on Sunday with the newly-appointed British Ambassador to Iraq, Mr. Irfan Siddiq, to discuss bilateral relations and regional developments. Al-Sudani underscored the importance of enhancing cooperation under the Partnership and Cooperation Agreement, signed during his visit to the United Kingdom in January. Both sides stressed the […]
By John Lee. The Al-Zawraa General Company, part of Iraq's Ministry of Industry and Minerals, has unveiled plans to establish an integrated and advanced manufacturing plant for solar panels, with an annual production capacity of 750 megawatts - supporting the government's drive toward clean energy. Director General Eng. Muhannad Jabbar Alwan highlighted the company's significant […]
By John Lee. The General Company for Mining Industries, part of Iraq's Ministry of Industry and Minerals, has announced the successful completion of rehabilitation and modernization work at its aluminium casting plant, in partnership with the private sector. According to Director General Eng. Ahmed Faleh Ali, the upgraded facility will initially produce 250 tonnes of […]
From AAA Holding Group. AAA Holding Group Completes Acquisition of 45% Stake in Phosphate Fertiliser Project in Basra We are proud to announce that AAA Holding Group has successfully completed the acquisition of an additional 45% stake in the Phosphate Fertiliser Project in Basra, following the purchase of shares from existing stakeholders. With this strategic […]
By John Lee. Iraq's Minister of Industry and Minerals, Prof. Eng. Khaled Battal Al-Najm, alongside the Governor of Karbala, oversaw the signing of three memorandums of understanding (MoUs) for strategic projects in Karbala Industrial City during an official visit to the province on Saturday. The agreements were signed between Al-Yusra Industrial, the developer of Karbala […]
By John Lee. Prime Minister and Commander-in-Chief of the Armed Forces, Mr. Mohammed S. Al-Sudani, inaugurated the 13th Security, Defense, Military Industries, and Cybersecurity Exhibition in Baghdad on Saturday, an event featuring 155 companies from 24 countries, including 65 Iraqi firms. The exhibition offers a platform for showcasing advanced defence, surveillance, and cybersecurity technologies while […]
By John Lee. A formal signing ceremony has been held in Dubai to mark the launch of a partnership between France's TotalEnergies and Erbil-based Cihan Group, which has now become the authorised supplier of the company's motor oils and lubricants in the Kurdistan Region of Iraq. According to a statement from Cihan, the agreement aims […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met on Thursday with Mr. Fettah Tamince, Chairman of Turkiye's Rixos Hotels Group, to discuss the growing investment opportunities in Iraq's tourism sector. Prime Minister Al-Sudani stressed that ongoing development efforts across various sectors have laid the groundwork for numerous investment opportunities, particularly in tourism. He […]
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. Fresh solutions: youth tackle tomato waste in Iraq When Zaid, a veterinarian and university lecturer, decided to enter a hackathon to dream up innovations in agriculture, he turned to […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Industrial Coordination Council on Sunday to discuss strategies for advancing Iraq's national industry and to follow up on decisions from previous meetings. The discussion included key measures to address obstacles and improve coordination between the federal government and the Kurdistan Regional Government […]
By John Lee. Iraq's Council of Ministers has approved a series of preventive trade measures aimed at protecting domestic industries. These include the imposition of a 60% additional customs duty on imported transparent containers and single-use plastic cups from all countries, which will be in place for four years. The market will be monitored throughout […]
