Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. BB Energy has signed a Memorandum of Understanding (MoU) with Iraq's General Company for Carbon Economics (GCCE) during the country's inaugural Conference on Carbon Economics. The agreement outlines plans for collaboration between BB Energy's Renewable Energy Division and GCCE to implement projects aimed at offsetting carbon emissions and supporting environmental restoration in […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani has officially opened the United Arab Company for Food Industries factories in Al-Mahmoudiya, south of Baghdad. The first phase includes pasta and noodle factories built on 20 percent of the 123-dunam [12 hectares; 30 acres] site, with an investment of 128 billion Iraqi dinars [$98 million]. […]
By John Lee. The Iraqi Council of Ministers has approved a request by the Ministry of Health to lift the ban on importing electronic cigarettes, electronic hookahs, and tobacco products, provided that all imports comply with the country's Anti-Smoking Law (No. 19 of 2012). Under the new policy, the Central Organization for Standardization and Quality […]
By John Lee. Iraq's Ministry of Planning held a joint meeting this week with the International Labour Organization (ILO) and representatives from several ministries to discuss public works initiatives aimed at implementing a sustainable afforestation project in Iraq. The meeting was chaired by Deputy Minister for Technical Affairs, Dr. Maher Hammad Johan. The discussions focused […]
Aya Nader for Raseef 22. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Make them pay: Iraq to consider taxing its highest polluters A draft proposal to amend Iraq's Environmental Protection and Improvement Law was submitted to parliament by the Ministry of Environment and […]
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China Tightens Grip on Iraq's Energy Future with Massive Basra Megaproject China's Geo-Jade Petroleum has signed a swathe of major contracts that give Beijing control over Iraq's first fully integrated energy […]
By John Lee. In a strong show of support for Iraq's transformation, France hosted a high-level France-Iraq Business Forum in Paris, bringing together over 300 business leaders and decision-makers. Organised by Business France, the event aimed to reinforce bilateral economic ties and unlock long-term investment opportunities. Following the forum, key Iraqi institutions and French companies […]
By John Lee. The Iraqi Council of Ministers has approved key measures to advance major solar energy projects, reinforcing the country's push toward clean and sustainable power generation. Firstly, the cabinet approved a memorandum of understanding between the Ministry of Electricity and US-based UGT Renewables for the development of an integrated solar power project. The […]
By Tsvetana Paraskova for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Accelerates Solar Power Development OPEC's second-largest oil producer, Iraq, aims to accelerate solar power development with at least 1,000 small-sized projects over the next three years, a senior government official […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani met with a delegation from U.S. tech giant SpaceX (Space Exploration Technologies Corp) to discuss cooperation in Iraq's communications sector. The talks covered the services provided by the company's Starlink satellite constellation, including its global satellite-based internet coverage, and explored opportunities to facilitate its entry into […]
By John Lee. The Iraqi Council of Ministers has authorised the Chairman of the Iraqi Atomic Energy Commission to negotiate and sign a draft cooperation agreement with the Russian Federation. The agreement will focus on the peaceful use of nuclear energy, in line with Iraq's constitutional provisions. The Ministry of Foreign Affairs has been tasked […]
By John Lee. In a meeting held on Tuesday, Iraq's Minister of Finance, Taif Sami Mohammed, welcomed a delegation from the World Bank's Environment Section, led by Regional Director Ms. Maskeren Bahraini, to discuss closer collaboration on financial reform and sustainable environmental development. The talks covered key World Bank projects focused on environmental protection and […]
