Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq's Minister of Trade, Mr. Atheer Daoud Al-Ghurairi, emphasized the government's dedication to advancing economic, trade, and investment relations with Greece during his meeting with Mr. Dimitris Skalkos, Secretary-General for International Economic Relations at the Greek Ministry of Foreign Affairs, and Greek Ambassador to Iraq, Mr. Georgios. Key Highlights of the Meeting: […]
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Mohammed Makiyya, held a meeting with Adham Al-Fakhar, Chairman of the Iraqi-French Business Council, and its members to discuss promising strategic investment projects. Dr. Makiyya emphasized the NIC's commitment to advancing a forward-looking investment policy that prioritizes innovative projects to strengthen Iraq's […]
By John Lee. The Ministry of Planning (MoP), in collaboration with the International Labour Organization (ILO), UN-Habitat, and the International Trade Centre (ITC), hosted the first Steering Committee Meeting of the Building Equitable and Inclusive Transformation (BEIT) Towards Decent Work and Affordable Housing in Iraq project, funded by the European Union (EU). The BEIT initiative […]
By John Lee. At a press briefing this week, US State Department spokesperson Vedant Patel (pictured) said the United States has issued another 120-day waiver to allow Iraq to continue importing electricity from Iran. Addressing a question from the floor, Patel said: "On November 7th, the department did renew Iraq's electricity waiver for the 23rd […]
From Mosul Space. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Innovative Ideas for Sustainable Housing Showcased at BEIT Green Home Hackathon The BEIT Green Home Hackathon, held on November 6th, 9th, and 10th, brought together 35 architects, engineers, students, and entrepreneurs at Mosul […]
By John Lee. Iraqi edtech startup Eduba has reportedly been acquired by a major Iraqi ISP. According to a report from Tajarib, the company was sold for "an undisclosed seven-figure amount"; details of the acquiring company were not disclosed. In 2021, the company was one of nine business start-ups chosen for the second cohort of […]
By John Lee. China's Soueast Motor has marked its official entry into the Middle East with a brand launch event at Erbil's Rotana Hotel. Soueast, a brand name of South East (Fujian) Motor Co., Ltd., offers two new SUV models which it says are "tailored for Iraqi consumers." Partnering with regional distributor Harlem Group, Soueast […]
From the Iraq Britain Business Council (IBBC). IBBC Women's group gears up at Dubai Conference to discuss 'How education empowers women and the Iraqi economy' The IBBC women's group is convening at the Dubai conference on 12/13th December, to focus on how educating women benefits the Iraqi economy. Representatives of Ministry of Higer Education, SABIS […]
By John Lee. A delegation from Iraq's Parliamentary Committees on Agriculture, Water, Marshlands, Economy, and Trade, led by MP Faleh Al-Khazali, visited the Polish Chamber of Commerce in Warsaw to discuss strengthening bilateral economic, agricultural, and industrial ties. The delegation met with Mr Shumovsky, Head of International Cooperation at the Chamber, and senior Polish trade […]
The Iraq Britain Business Council (IBBC) has published its Advisory Council report on the Ease of Doing Business in Iraq. The report outlines the challenges businesses face and provides actionable recommendations for the Iraqi government to foster a more business-friendly environment. The full report is now available on the IBBC website here. According to data […]
From the United Nations Development Programme (UNDP): The Turning Point: Iraq's Leap into the Digital Economy In a world increasingly defined by digital finance, Iraq has taken a transformative step with the Digital Payment Regulation No.2 of 2024. This landmark policy marks more than just regulatory progress; it signifies a realignment of Iraq's financial infrastructure with […]
By John Lee. The Iraqi Ministry of Communications has signed an agreement with UK's Vodafone to establish a new 5G telecommunications network fully owned by Iraq. The agreement outlines Vodafone's role in preparing the network for launch, providing expertise in network design, commercial strategies, and business growth planning. A memorandum of understanding was also signed […]
