Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani welcomed a delegation from the U.S. Congress on Sunday to discuss strengthening bilateral relations and advancing cooperation across various sectors. The meeting included U.S. Representatives Michael Baumgartner (R), Adam Smith (D), George Whitesides (D), Wesley Bell (D), and Sara Jacobs (D). Prime Minister Al-Sudani reiterated Iraq's […]
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. Empowering Women Entrepreneurs: A Journey of Resilience and Growth In the heart of Iraq, where economic recovery and social reintegration are vital for stability, three remarkable women -- Mai, […]
By John Lee. DynCorp International LLC has agreed to pay $21 million to settle allegations under the False Claims Act that it knowingly submitted inflated subcontractor costs to the U.S. State Department while delivering services under the "CIVPOL" contract, which was intended to train Iraq's civilian police forces. The lawsuit, filed in 2016, accused DynCorp […]
By Salam Faraj for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi markets a haven for pedlars escaping Iran's economic woes Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, […]
