Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
From the Iraq Britain Business Council (IBBC): The Iraq Britain Business Council (IBBC) hosted two senior Iraqi ministers, along with FCDO Minister Hamish Falconer, at the prestigious One Great George Street in Westminster. The distinguished attendees included H.E. Mr. Fuad Hussein, Deputy Prime Minister and Minister of Foreign Affairs; H.E. Mr. Hayan Abdul Ghani, Deputy […]
By John Lee. A ceremony in London marked the signing of several Memorandums of Understanding (MoUs) between Iraqi public and private sector entities and British companies and institutions. The event was attended by senior Iraqi officials, including Deputy Prime Ministers, the Minister of Foreign Affairs, and the Minister of Oil. Key agreements included: A Memorandum […]
By John Lee. During his official visit to London, Prime Minister Mohammed S. Al-Sudani met with Wael Sawan, CEO of Shell, to explore opportunities for expanding cooperation between Iraq and the energy giant. The discussions emphasized Iraq's focus on advancing its oil, gas, and petrochemical sectors, aligned with the government's recent announcement of new investment […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with representatives of 24 major British companies and business leaders in London, emphasizing Iraq's openness to investment and development opportunities. During the meeting, held as part of his official visit, Al-Sudani highlighted Iraq's improving investment climate and urged British firms to turn discussions and agreements into […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with BAE Systems CEO Charles Woodburn in London to discuss enhancing Iraq's defence capabilities and cybersecurity infrastructure. The discussions highlighted BAE Systems' expertise in advanced weapons manufacturing and cybersecurity technologies. Al-Sudani reaffirmed the government's commitment to equipping Iraq's security forces with state-of-the-art weapons from diverse sources. […]
By John Lee. Prime Ministers Keir Starmer and Mohammed S. Al-Sudani have unveiled an ambitious £12.3 billion [$15 billion] UK-Iraq trade and investment package aimed at enhancing prosperity and bilateral economic ties. The agreement represents over a tenfold increase in trade compared to last year and underscores both nations' commitment to strategic collaboration across key […]
By John Lee. During Prime Minister Mohammed S. Al-Sudani's official visit to London, Iraq's Sovereign Guarantees Initiative Committee signed a Memorandum of Understanding (MoU) with UK Export Finance (UKEF) to enhance economic collaboration. The MoU, signed by Mohammed Sahib Al-Darraji, Head of the Initiative Committee and Advisor to the Prime Minister, and Adam Harris, Director […]
By John Lee. Iraq and the United Kingdom have signed a Memorandum of Understanding (MoU) focused on climate change, environmental sustainability, and carbon economics, marking a significant step in bilateral cooperation. The agreement was formalised during Prime Minister Mohammed S. Al-Sudani's meeting with UK Secretary of State for Foreign, Commonwealth and Development Affairs, David Lammy, […]
By John Lee. During his official visit to London, Iraqi Prime Minister Mohammed S. Al-Sudani met with Fakhri Dhaidan, Vice President of French engineering company Technip Energies, to discuss the company's ongoing and future operations in Iraq. The meeting focused on Technip Energies' consultancy work for the Karbala and Basra refineries and its role in […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani has arrived in London on an official visit, during which he will meet His Majesty King Charles III, Prime Minister Keir Starmer, senior officials in the British government and business leaders. Writing in The Telegraph, Prime Minister Al-Sudani emphasised the opportunities for cooperation between the two […]
By John Lee. The Iraqi Cabinet has approved funding to furnish 1,000 model schools under the Iraq-China Framework Agreement, ensuring the project's progress. Key funding decisions include: Regional Petrodollars: Funds from the petrodollar allocations of Basra, Maysan, Kirkuk, and Wasit will fully cover furnishing costs in these provinces. Additional funds for other provinces, totalling 113.92 […]
By John Lee. Iraqi President Abdul Latif Jamal Rashid has formally received the credentials of the newly appointed ambassadors of Kuwait, Japan and Armenia during a ceremony at Baghdad Palace. The ambassadors welcomed included: Hasan Mohammad Zaman of Kuwait, Akira Endo of Japan, and Ruben Soghoyan of Armenia. The event was also attended by Deputy […]
