Archive | Iraq Industry & Trade News

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

Dinar: "Cash Culture Dominates Iraq"

From Shafaq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Cash culture dominates Iraq, reform efforts stall Officials estimated on Saturday that nearly 92 percent of Iraq's cash remains outside the banking system, making it one of the world's most cash-dependent economies. The full […]

German-Chinese Consortium Expand Baiji Power Station

By John Lee. Prime Minister Mohammed Shia Al-Sudani has officially launched the first phase of the second Baiji Gas Power Station in Salahuddin province, a project that will add up to 1,014 megawatts to Iraq's power grid. Speaking at the launch event on Saturday, Al-Sudani reiterated that energy is the cornerstone of Iraq's comprehensive development […]

UNOPS Awards Solar Project in Sinjar

By John Lee. Ard almasalh has won a contract with the United Nations Office for Project Services (UNOPS) for "Supplying and Installing PV Modules for the Constructed Category IV Housing Units in Sinjar." The contract value was  stated as $478,259 (Source: UNGM)

Labour-Intensive Investment Approaches in Iraq

From the International Labour Organization (ILO): Study Visit for Knowledge Exchange on Public Works Programmes and Labour-Intensive Investment Approaches in Iraq As part of its ongoing efforts to promote decent employment and support sustainable local development, the International Labour Organization (ILO) organized a study visit to Erbil and Duhok governorates from 19 to 23 July […]

Will China help Iraq revive Nuclear Aspirations?

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will China help Iraq revive nuclear aspirations? Amid rising regional tensions over the nuclear program of neighbouring Iran, the head of Iraq's Atomic Energy Commission (IAEC) has announced a highly symbolic and strategic […]

Chinese Cranes Modernise Iraq's Ports

By John Lee. The General Company for Ports of Iraq (GCPI) has launched a significant digital transformation by integrating what it describes as "advanced fifth-generation (5G) smart equipment" into its operational infrastructure, marking a major step toward full automation in Iraq's maritime sector. According to Director General Dr. Eng. Farhan Al-Fartousi, the company received a […]

Saudi Company discusses Petrochemical Partnership in Basra

By John Lee. Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, chaired a meeting at the Ministry's headquarters to explore a potential partnership agreement with Saudi company Ajyal for the establishment of a petrochemical complex in Basra. The proposed complex would be built on the site of the State Company for Petrochemical Industries in […]

PPP Contracts to Develop Starch and Soap Factories in Iraq

By John Lee. The General Company for Food Products, part of Iraq's Ministry of Industry and Minerals, has signed two public-private partnership agreements to rehabilitate and develop its starch and dextrin factory in Babil province and the Al-Ameen soap and detergents factory. According to Director General Eng. Haider Shwia Mazal, these partnerships aim to modernise […]

Iraq to Launch New Colleges for AI and Digital Excellence

By John Lee. The Iraqi Ministry of Higher Education and Scientific Research has announced the establishment of two new colleges at the University of Baghdad: the College of Excellence and the College of Artificial Intelligence, with operations set to begin in the 2025/2026 academic year. The initiative was ordered by Higher Education Minister Dr. Naeem […]

Atlantic Council announces New Head of Iraq Initiative

From the Atlantic Council: The Atlantic Council announced that Victoria J. Taylor, former deputy assistant Secretary of State for Iraq and Iran, will be the new director of the Iraq Initiative within its Middle East Programs. Taylor brings a distinguished background as a national security leader with over two decades of experience in the Middle […]

Sanofi Discusses Collaboration on Biotech and Pharma in Iraq

By John Lee. The Iraqi Ministry of Health has held high-level discussions with a delegation from French pharmaceutical company Sanofi, aimed at strengthening collaboration on biopharmaceutical development, healthcare capacity-building, and policy modernisation. The meeting was chaired by Health Minister Dr. Saleh Mahdi Al-Hasnawi, who welcomed Sanofi's delegation led by Dr. Rami Nassar. The minister emphasised […]