Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Iraqi Cabinet has approved the authorization of the Minister of Higher Education and Scientific Research, who also serves as Chairman of the Iraqi Atomic Energy Commission, to negotiate and sign a cooperation agreement with China on the peaceful applications of nuclear energy. The Ministry of Foreign Affairs has been tasked with […]
From the Iraq Britain Business Council (IBBC): Iraq's ministers attend IBBC's largest Baghdad conference 2025 The IBBC held its Bagdad conference dedicated to 'Delivering Innovation' at the behest of the Prime Minister Mr Al Sudani. It has been 6 years since IBBC members last held a conference of this magnitude in Iraq with key Government […]
By John Lee. Iraq's Council of Ministers has approved the conversion of the Qayyarah [Qayara] Gas Power Plant from simple-cycle to combined-cycle operation. According to a statement from the Prime Minister's Office, the State Company for Northern Electricity Production has been authorised to award the contract to 'ARGAN INT', following the completion of procedural requirements. […]
From the International Labour Organization (ILO): Iraq is moving forward to legislate a trade union law in accordance with international labour standards With the participation of a delegation from the International Labour Organization (ILO), and as a significant step towards aligning Iraq's Trade unions law with international labour standards, the Labour and Civil Society Institutions […]
By John Lee. Mindware, a value-added distributor (VAD) in the Middle East and Africa, has entered a strategic partnership with VMware, a Broadcom company, to enhance digital transformation across Lebanon, Iraq, and Jordan. As part of this collaboration, Mindware will become an authorized distributor of VMware's comprehensive portfolio, including cutting-edge solutions in App Platform, Cloud […]
By John Lee. The Iraqi Council of Ministers has authorised the Ministry of Electricity to award and sign an EPC contract for the Dora [Doura] Thermal Power Plant project in Baghdad, valued at $480 million (excluding supervision and monitoring costs). As part of the agreement, the contractor will waive its claim to a sovereign payment […]
By John Lee. Prime Minister Mohammed S. Al-Sudani inaugurated the Taawon Hypermarket shopping center in Al-Bayaa, Baghdad, on Wednesday, offering food and goods at subsidised prices. Through a televised conference, he also launched five additional shopping centers in Al-Hurriya, Al-Salihiya, Al-Shaab, Palestine Street, and Jamila, alongside construction work for 23 similar projects in Baghdad and […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting on Wednesday to follow up on the outcomes of his recent official visit to the United Kingdom. The meeting assessed the progress of the Memorandums of Understanding (MoUs) signed during the visit and discussed mechanisms for their implementation. Al-Sudani emphasized the importance of activating […]
H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy delivers keynote address at Gulfood Gulfood 2025, the largest global food business event opened its doors for a second day at Dubai World Trade Centre (DWTC) ahead of an impressive schedule. Ministerial Opening: Food500 Summit H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy […]
By John Lee. Transparency International has said that Iraq has improved its ranking and score in the global Corruption Perceptions Index (CPI) for 2024. From a total of 180 countries, Iraq came in at number 140, up 14 places on the previous year. This result puts it on equal ranking with Mexico, Nigeria and Uganda. […]
By John Lee. The Central Bank of Iraq (CBI) has announced General Tender No. (1/2025) for the supply, installation, and operation of 65 currency counting and sorting machines for its branches in Basra (35 units) and Mosul (30 units). The contract, with an estimated value of IQD 1.134 billion (approx. $865,000), will be financed from […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. He outlined Iraq's major achievements in the oil and gas sector, including: Adding 380,000 barrels per day to […]
