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 chaired a high-level meeting on Saturday to assess the economic and trade impact of the United States government's decision to raise customs tariffs on imports from multiple countries, including Iraq. The discussion addressed potential effects on global markets, crude oil prices, and Iraq's domestic economy. According to […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Tariffs, Oil Prices, and the Budget The market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was up 1.6% for the […]
By John Lee. The Prime Minister's Advisor for Transportation Affairs has announced that the Development Road Project will be managed by a new 100% Iraqi-owned company, reporting directly to the Prime Minister. Speaking to the state-run Iraqi News Agency (INA), Nasser Al-Asadi explained that during a recent meeting of the Higher Committee for the Development […]
By Farhad Alaaldin for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A visit by a US delegation to Iraq next week is a chance to deepen ties with Baghdad With the accelerating pace of Iraq's economic revival and comprehensive development […]
By John Lee. Iraq's Ministry of Water Resources has announced that, as part of Prime Minister Mohammed Shia Al-Sudani's initiative to plant five million trees across Iraq, the Ministry has so far planted 54,000 seedlings at 102 sites in Baghdad and the provinces (excluding the Kurdistan Region). Mohammed Awad Kazem, Head of the Afforestation and […]
By John Lee. The United States will apply an additional duty rate of 39 percent to imports from Iraq, as part of President Trump's wide-ranging new tariff regime announced on Wednesday. The new rate, which comes into effect on Saturday, 5th April, does not apply to imports of oil, gas and refined products, according to […]
From the Iraq Britain Business Council (IBBC): Iraq's minister for interior Mr Abdul Amir Al- Shammari meets IBBC members in UK Parliament An official visit to the UK by Iraq's Minster of Interior - Mr Abdul Amir Al-Shammari (General). The Minister had a range of meetings with UK Government. The IBBC President Baroness Nicholson joined […]
From Money Moves. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In this episode of Money Moves, Muhammed Mekki sits down with Mohammed Khudairi, an Iraqi-American entrepreneur and investor who's helping rebuild Iraq, one business at a time. Mohammed's family company, Khudairi Group, has […]
By Dr. Ali Abdul Rahim Al-Aboudi, College of Political Science, Al-Nahrain University, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. An Economic Perspective on the Feasibility of Supporting Iraqi Industrial Projects According to the Mechanisms and […]
By John Lee. Iraq's General Customs Authority has introduced new customs procedures aimed at enhancing trade efficiency, preventing smuggling, and supporting domestic industries. Key Objectives: Implementing modern electronic systems to reduce delays and streamline processes. Strengthening anti-smuggling measures to protect markets from substandard goods. Ensuring fair trade regulations and compliance among all importers. Encouraging local […]
By Dr. Muhammad Abdul Saleh, College of Business Economics at the University of Nahrain, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. E-commerce: Platforms, E-stores, and the Iraqi Economy Between Reality and Potential E-commerce in Iraq […]
By John Lee. The World Food Programme (WFP) in Iraq has published its Annual Report 2024, highlighting the following key messages: Through strategic partnerships with the Government, WFP introduced innovative nature-based solutions to support climate adaptation through mangrove restoration, community assets, and climate information systems to boost agricultural productivity while strengthening government capacity for emission […]
