Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Talks on expanding trade and economic cooperation between Iraq and Iran have taken place in Baghdad. Iraq's Minister of Trade, Mustafa Nizar Jumaa, met with an Iranian delegation to discuss ways to develop bilateral trade volumes, facilitate the movement of goods, and activate existing agreements and memoranda of understanding. The discussions covered […]
By John Lee. A delegation of Turkish business leaders has met Iraqi Prime Minister Ali al-Zaidi in Baghdad to discuss bilateral economic and investment cooperation. The delegation was led by Lütfi Elvan, former Deputy Prime Minister and Minister of Treasury and Finance of Turkey. According to the Prime Minister's Office, al-Zaidi invited Turkish companies to […]
By John Lee. A $75 million trade finance facility has been agreed between the European Bank for Reconstruction and Development (EBRD) and Al Mansour Bank for Investment (MBI), one of Iraq's leading private-sector banks. The facility is provided under the EBRD's Trade Facilitation Programme (TFP) and will offer guarantees and cash advances to support MBI's […]
By John Lee. Talks have taken place on the possible establishment of an Iraq-Canada Business Council to strengthen economic, trade, and investment relations between the two countries. Malik Khalaf al-Durai'i, Director General of the Private Sector Development Department at the Ministry of Trade, met with the Vice President of the Canadian-Iraqi Business Council and an […]
By John Lee. A meeting in Baghdad between Iraqi officials and a European Union delegation has covered a range of trade and investment topics, including Iraq's accession to the World Trade Organization (WTO) and the activation of a partnership and cooperation agreement between Iraq and the EU. The meeting was hosted by the Federation of […]
By John Lee. Iraqi trucks operated by the General Company for Land Transport have completed the first journey under the TIR transit system from the Arar border crossing to the Inche Burun border crossing on the Iran-Turkmenistan border. According to the Ministry of Transport, the operation was coordinated with relevant government, border, and customs authorities […]
Registration is now open for the Iraqi Children Foundation's (ICF) annual "In Their Shoes" 5K, taking place on Saturday, August 29, 2026, at Burke Lake Park in Fairfax, Virginia. Participants can also join virtually from anywhere in the world, making it easy for supporters across the country and around the globe to take part: https://runsignup.com/Race/VA/FairfaxStation/ICFGLOBALINTHEIRSHOES5K […]
By John Lee. Iraq plans to double its electricity production and distribution capacity by 2027, with measures targeting both supply expansion and the elimination of longstanding inefficiencies. Prime Minister Ali al-Zaidi made the announcement during a visit to the Ministry of Electricity, where he chaired a meeting with senior ministry officials. He directed the Minister […]
By John Lee. Iraq's Ministry of Planning has held talks with representatives of the Italian Embassy in Baghdad to discuss ongoing and planned development projects funded by Italy. The meeting was chaired by Dr. Sahir Abd al-Kazim Mahdi, Director General of the Directorate of International Cooperation at the Ministry of Planning, and attended by Rosa […]
By John Lee. Iraq and Malaysia have discussed steps to expand economic cooperation and increase bilateral trade, including preparations for the ninth session of the Iraqi-Malaysian Joint Committee in Baghdad. Riyadh Fakher al-Hashimi, Director General of the Department of Foreign Economic Relations at the Ministry of Trade, met with Malaysia's Chargé d'Affaires in Iraq, Nirmal […]
By John Lee. Rozenama, an Iraqi e-commerce platform based in Baghdad, has closed a $150,000 pre-seed funding round. Co-founder and CEO Abbas Muhil told Iraq Business News that the platform provides Iraqi merchants with an online store and order management system, and has grown from 250 to over 900 active merchants over the past year, […]
By John Lee. Iraq's investment climate and the obstacles facing it were discussed at a meeting between President Nizar Aamidi and National Investment Commission (NIC) Chairman Adel Dakhil Muhammad al-Yasiri at the Palace of Peace in Baghdad on Thursday. President Aamidi stressed the importance of simplifying procedures, providing guarantees for investors, and building a genuine […]
