Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq's first industrial-scale photovoltaic (PV) solar module manufacturing facility has opened in Karbala. The Al-Nour Solar Panel Production Plant was developed for the Project Engineering Department of the Al-Abbas Holy Shrine by Italian firm Ecoprogetti Srl, which supplied and installed the complete turnkey production line. The facility has an annual installed capacity […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Struggles to Meet Power Demand amid Drop in Iranian Gas Imports The Iraqi government is producing less than half of the country's electricity needs despite scorching summer temperatures, a shortfall officials partly attribute […]
By John Lee. A delegation from Iraq's Ministry of Trade has held a series of formal meetings with officials from the World Trade Organization (WTO) in Geneva to discuss the advanced stages of Iraq's accession process. According to the ministry, the delegation met with the WTO's deputy director-general, the chair of the working party on […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. 1. A historic volume of agreements - 48 in total A total of 48 agreements, memoranda of understanding, cooperation agreements and partnership declarations were signed between public and private sector entities in Iraq […]
By John Lee. Operating hours at the Al Karameh / Terbil border crossing between Jordan and Iraq have been extended to accommodate rising land shipping traffic. According to Jordan's state-run Petra news agency, the Jordanian Ministry of Interior announced the change on Monday in coordination with official bodies at the crossing. Under the new schedule, […]
By John Lee. Iraq has signed 48 agreements, memoranda of understanding (MoUs) and partnership declarations with US public and private sector entities spanning the oil, electricity, technology, finance and agriculture sectors. According to Iraq's Prime Minister's Office (PMO), the signing ceremony took place on Friday evening Baghdad time under the auspices of Prime Minister Ali […]
By John Lee. The Basra cement plant has begun producing two new cement types: limestone cement and oil-well cement. The plant is operated by the General Company for Iraqi Cement, a subsidiary of the Ministry of Industry and Minerals. The limestone cement is manufactured to Iraqi standard specifications and is suitable for finishing and plastering […]
By John Lee. A new showroom for China's Geely cars has opened at Baghdad Mall in Al-Harthiya. Operated by Tareeq Al Majal, it will offer the Coolray and Emgrand models alongside after-sales support and parts. The company, a joint venture between Iraqi conglomerate Al Majal Group and Al-Markazia, an automotive group headquartered in Jordan, became […]
By John Lee. An agreement has been reached to open a branch of JP Morgan in Iraq to finance projects implemented by American companies. The deal was agreed during a meeting in Washington between Prime Minister Ali al-Zaidi and representatives of the bank. Earlier this month, we reported that KAR Electrical Power Plant Production Trading […]
By John Lee. Iraq's Ministry of Communications has held talks with a delegation from the European Bank for Reconstruction and Development (EBRD) to explore areas of cooperation in infrastructure and public services. The meeting, chaired by the Ministry's technical adviser Bassam Salem Al-Zaidi, was attended by the directors general of the General Company for Telecommunications […]
By John Lee. A hybrid solar power station has been installed and commissioned at the Arab Oil Training Institute in Iraq. The project was carried out by Al-Zawraa State Company, a subsidiary of the Ministry of Industry and Minerals. The station has a capacity of 120 kilowatts and a lithium battery storage capacity of 122 […]
By John Lee. Iraq's Ministry of Trade has held discussions with representatives of SpaceX, including its Starlink satellite internet team, during meetings in Washington. Minister of Trade Mustafa Nizar Jumaa said the talks focused on potential cooperation in satellite internet services, digital infrastructure, and e-government platforms. He indicated that Starlink's technology could support Iraq's digital […]
