Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By Cathrin Schaer and Ismael Adnan, for Deutsche Welle (DW). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Due to the Iran War, Iraq is Running out of Money Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil […]
By John Lee. Maysan [Missan] Oil Company (MOC) has marketed a 440-tonne shipment of sulphur produced at the central gas processing plant (GPP) at the Halfaya oil field, in preparation for export to international markets. According to the state-run Iraqi News Agency (INA), the shipment was transferred through a local intermediary to State Oil Marketing […]
By John Lee. The Egyptian Maintenance Company (EMC), commercially known as 'San Masr' or 'San Misr', has won an international tender issued by Eni for the supply of electrical equipment at the Zubair oil field in Basra province. The total contract value is $18.6 million over three years. The contract covers the supply of a […]
By Matt Smith, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi Bank Reforms Could Open up Sector for Regional Investors Last month the Central Bank of Iraq said that seven previously restricted banks had been given […]
By John Lee. SwiftPayIQ, a technical intermediary platform developed and operated by Baghdad-based Palace Tech for Software Solutions LLC, has launched a service connecting Iraqi online merchants with licensed electronic payment gateways, providing streamlined merchant onboarding, electronic invoicing and payment links. Abdullah Al-Fayyadh, CEO of Palace Tech, told Iraq Business News that merchant verification, compliance […]
From Focus2Move. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Car Sales Slump 28.6% in H1 2026; Only Jetour and Great Wall Defy Losses Iraqi Vehicle Market in 2026 continues to slump. H1 sales fell by 28.6%, with Hyundai and Suzuki being affected […]
By John Lee. Iraq's Ministry of Trade has begun updating its Initial Goods Offer file as part of the technical requirements for the country's accession to the World Trade Organization (WTO). The work is being carried out by the Goods Trade Committee, a technical sub-committee of the national committee overseeing WTO accession, in coordination with […]
By John Lee. A clothing factory in Mosul has reopened following rehabilitation and a return to full production. The Waladi clothing workshop, part of the Ready-Made Garments Factory in Mosul and affiliated with the General Company for Textile and Leather Industries, was refurbished with funding from Germany's KfW (Kreditanstalt für Wiederaufbau, German Development Bank) and […]
By John Lee. Prime Minister Ali al-Zaidi has received a formal invitation from Japanese Prime Minister Sanae Takaichi to visit Tokyo. The invitation was conveyed by Japan's Ambassador to Iraq, Akiro Endo, during a meeting at the Prime Minister's office. Al-Zaidi welcomed the invitation and affirmed the importance of Iraq-Japan relations, according to the Prime […]
By John Lee. US tech giant Apple has been officially registered as an accredited digital platform provider in Iraq, following completion of all requirements under the country's regulatory framework for digital platforms and services. According to the Communications and Media Commission (CMC), the accreditation covers Apple's App Store, Apple Music, Apple Podcasts, Apple Arcade, and Apple […]
By John Lee. A Jordanian court has ordered a Jordanian company to pay damages to the General Company for the Pharmaceutical Industry and Medical Supplies in Samarra, following a contract dispute over non-compliant medical equipment covers. According to the Iraqi Ministry of Justice, the Legal Department pursued the case after the Jordanian supplier failed to […]
By John Lee. The Al-Qaim cement plant in Anbar province has reached its full design capacity of 840,000 tonnes of resistant cement per year, with monthly production of 70,000 tonnes. According to the Ministry of Industry and Minerals, exports to Syria are running at 7,500 tonnes per month. General Company for Iraqi Cement said the […]
