Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Iraqi Prime Minister has expressed Iraq's interest in joining the International Solar Alliance (ISA). Mohammed S. Al-Sudani made the comment in a statement following a meeting with India's newly appointed Ambassador to Iraq, Sumin Baghchi. The ISA, headquartered in India, describes itself as a collaborative initiative between India and France aimed […]
By John Lee. Spanish fashion retail chain Inditex has said it will launch its first stores in Iraq this year. The announcement in the Group's FY 2024 results is part of a general worldwide expansion. Inditex did not specify which brands will be introduced to Iraq, but the group includes Zara, Bershka, Massimo Dutti, Oysho, […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met with India's newly appointed Ambassador to Iraq, Sumin Baghchi, to discuss bilateral relations and economic collaboration. Al-Sudani emphasized Iraq's commitment to strengthening ties with India, proposing the establishment of an Iraq-India Economic Cooperation Council and the activation of the Iraq-India Business Council. He also invited […]
By John Lee. The German Embassy in Iraq has confirmed that trade between Germany and Iraq reached €1.7 billion in 2024, with a 10% growth in German exports over four years. Roland Westebbe, Deputy Director of the German Embassy Mission in Iraq, stated that Germany aims to expand its trade relations with Iraq, viewing it […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met with Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, to discuss energy cooperation and economic ties. Al-Sudani reiterated Iraq's commitment to collaboration with Turkish companies, particularly in the energy sector, including cross-border electricity interconnection and cooperation on the Strategic Development Road Project. He also […]
By John Lee. The Baghdad Chamber of Commerce has welcomed the Amman Chamber of Commerce's plan to establish a trade office in Baghdad, aimed at strengthening economic and trade cooperation between Iraq and Jordan. During a meeting with Raad Bureij, Vice President of the Baghdad Chamber of Commerce, Amman Chamber President Khalil Al-Haj Toufic emphasized […]
By John Lee. Brazilian Ambassador Luis Ivaldo has affirmed his country's commitment to expanding cooperation with Iraq, particularly in industry and agriculture. Speaking to the state-run Iraqi News Agency (INA), he highlighted that bilateral trade reached $1.9 billion in 2024, marking a 48% increase from 2023. Ivaldo emphasized Brazil's readiness to support Iraq in developing […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a high-level meeting on Sunday to advance the smart solar energy project, with participation from the Minister of Electricity, the National Smart Solutions and Renewable Energy Team, several governors, and prime ministerial advisers. Key discussion points included: Solar energy adoption and smart metering technologies. Private sector […]
From The Conversation. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan faces a deepening economic crisis as unpaid wages pile up Public sector workers in Iraqi Kurdistan, a semi-autonomous region of northern Iraq, have endured irregular and delayed salary payments for more […]
By Tony Gamal-Gabriel and Ammar Karim for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq says seeking alternatives to Iran gas Iraq is exploring alternatives to Iranian gas imports, including options in the Gulf, a government official said, as it […]
By John Lee. The General Company for Mining Industries, a subsidiary of Iraq's Ministry of Industry and Minerals, has announced the near-completion of a solvent production plant in Salah Al-Din province, developed in partnership with the private sector. According to Ahmed Faleh Ali, the company's Director General, the plant has reached 85% completion and is […]
By Michael Knights and Hamdi Malik for Foreign Affairs. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran Could Lose Iraq The Axis of Resistance Is Primed to Take Another Hit. Click here to read the full story.
