Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Edita Food Industries, an Egyptian snack food producer, has announced its entry into the Iraqi market through a strategic partnership with Baghdad-based Tuama Jebur Abbas (TJA). The move marks a significant milestone in Edita's regional expansion strategy as the company acquires a 49-percent stake in TJA, a family-run snack manufacturer, for $8 […]
By John Lee. Just a month ago, Iraq Business News ran an article examining the possible connection between support for Donald Trump and a belief in the Iraqi Dinar revaluation theory -- the idea that the Iraqi Dinar (IQD) will revalue ("RV") to as much as 1000 times its current value. You can read the […]
By John Lee. Dohuk-based Newsazz Ltd has won a series of contracts with the United Nations: IT equipment to support PMO-NOC office, via the UN Development Programme (UNDP), as advertised here on Iraq Business News. Contract value: IQD 98,230,000 [$75,000]; Bullet-proof vests and helmets, for the International Trade Centre (ITC): Contract value: $23,700; Digital Forensics […]
From the United Nations Development Programme (UNDP): Developing Tourism Enterprises in Kurdistan Region of Iraq The United Nations Development Programme (UNDP) in Iraq, with funding from the United States Agency for International Development (USAID), in collaboration with the Ministry of Municipality and Tourism - Board of Tourism of the Kurdistan Regional Government (KRG), proudly announces […]
By John Lee. The Iraqi Cabinet has endorsed new measures aimed at enhancing state revenues by utilising public infrastructure for advertising purposes. Key Points of Approval: Leasing Advertising Spaces: The Minister of Construction, Housing, Municipalities, and Public Works is authorised to lease advertising spaces on public road easements and bridges outside Baghdad Municipality's and local […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met representatives of US-based UGT Renewables in London this week. The meeting included a presentation on the company's key projects, which span more than thirty countries worldwide, and explored potential cooperation with Iraq in its field of expertise. The Prime Minister highlighted the government's interest in investing […]
From the Iraq Britain Business Council (IBBC): As part of the official visit of Prime Minister Mohammed Shia Al Sudani to the United Kingdom the IBBC was delighted to host a business reception in honour of the Prime Minister and his delegation. The reception took place on 15th January, at the home of the Institute […]
By John Lee. The Central Bank of Iraq (CBI) has announced new regulatory controls for combating money laundering and financing terrorism, and for preventing the proliferation of weapons. Click here to download the full document (76 pages, Arabic only) (Source: CBI)
By John Lee. Prime Minister Mohammed S. Al-Sudani met a delegation from GE Vernova (General Electric), led by Mr. Joseph Anis, President and CEO for Europe, Middle East, and Africa in London this week. The delegation reviewed the progress of strategic projects currently being implemented by GE across Iraq in the electricity sector. These projects […]
The rise of internet and remote work has created countless opportunities for individuals to earn extra income from the comfort of their homes. Whether you're looking to pay off debt, save for a big purchase, or build a financial cushion, side jobs are an excellent way to earn some extra income. Here are five lucrative […]
By John Lee. As part of Prime Minister Mohammed S. Al-Sudani's official visit to the United Kingdom, Deputy Prime Minister and Minister of Planning Mohammed Ali Tamim met with rail equipment company Clayton Equipment Ltd (CEL) Chairman Steve Gretton. The meeting focused on fostering collaboration to modernise Iraq's railway sector according to global standards. Discussions […]
By John Lee. Representatives of four Irish companies met with Prime Minister Mohammed S. Al-Sudani as part of his official visit to the United Kingdom. The meeting included discussions with the directors of major companies specialising in cybersecurity and data centers, construction and development, export of livestock and meat, and the energy sector. The company […]
