Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Belarusian Ambassador to Turkey and Iraq, Viktar Rybak, met with Iraqi officials on Sunday to enhance cooperation in key sectors. Discussions with Interior Minister A. Al-Shammari focused on collaboration between specialized agencies, legal frameworks, and experience sharing. In talks with Higher Education Minister Naeem Al-Aboudi, the two sides explored opportunities for […]
From Tajarib. Re-published with permission by Iraq Business News. QiCard Acquires Miswag The fintech conglomerate continues its series of investments with the acquisition of Iraq's largest e-commerce platform for an undisclosed seven-figure sum Tajarib has announced the International Smart Card Company's (better known as Qi or QiCard) seven-figure acquisition of Iraqi e-commerce giant Miswag. The […]
By Herman Wang and Lauren Holtmeier, for S&P Global. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump may target Iraq's oil sector with sanctions to counter Iranian influence: sources US President-elect Donald Trump's planned maximum pressure sanctions campaign on Iran may extend to […]
By John Lee. Iraq's National Data Center, in collaboration with the National Insurance Company, has introduced a digital marine insurance service through the Ur electronic portal. According to the Iraqi Cabinet, the platform enables customers to obtain marine insurance policies quickly and securely. The service offers three types of insurance policies based on institutional conditions […]
By John Lee. UAE-based law firm Habib Al Mulla and Partners has announced its expansion into Iraq with the opening of a new office in Baghdad. This expansion has been achieved through a strategic partnership with Iraq's Al Nesoor Law Firm. According to a press release, through this collaboration, the firm aims to facilitate foreign […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani and his Spanish counterpart, Pedro Sánchez, have overseen the signing of four joint memoranda of understanding (MoUs): A memorandum of understanding for legal cooperation and exchange of expertise between Iraq's Ministry of Justice and Spain's Ministry of the Presidency, Justice, and Relations with Legislative Councils. A […]
By John Lee. Iraq's Minister of Electricity, Eng. Ziyad Ali Fadel, chaired a technical meeting with ministry officials, representatives of the Central Region Electricity Production Company, and a delegation from Ethios Energy to expedite the rehabilitation of Al-Doura Gas Power Plant in Baghdad. The minister stressed the urgency of restoring power generation capacity to meet […]
By John Lee. The Fuel Directorate of Iraq's Ministry of Electricity hosted a seminar featuring representatives from Saudi-based CNSA, attended by senior officials including the Ministry's Deputy for Production Affairs, Eng. Mohammed Nema, and other technical specialists. CNSA presented innovative technologies to enhance the efficiency of Iraq's power sector, including: Advanced fuel tank cleaning methods […]
By John Lee. During his to visit to Spain this week Prime Minister Mohammed S. Al-Sudani held discussions with representatives from Rheinmetall Expal, Indra, and Airbus. Rheinmetall Expal Munitions describes itself as, "a world-renowned ammunition and armament manufacturer specialised in artillery ammunition, mortar and medium calibre rounds as well as fuzes and rocket propulsion systems." […]
By John Lee. UN World Tourism Organization (UNWTO) Secretary-General, Zurab Pololikashvili, met with Iraqi Prime Minister Mohammed S. Al-Sudani during is visit to Madrid, to discuss strategies for revitalizing Iraq's tourism industry. The talks emphasized Iraq's rich religious, archaeological, and natural heritage, aligning with the government's goal to attract global visitors and drive economic growth. […]
From the Iraq Britain Business Council (IBBC): Professor Frank Gunter outlines what Iraq needs to do to support the private sector and IBBCs Shwan Aziz on Iraq's energy opportunities via Iraq 24 channel Professor Frank Gunter Economics professor at Lehigh University and long-term observer of Iraq's economy, is launching an 'Ease of Doing business 'report for […]
By John Lee. Karkh Criminal Court in Baghdad has sentenced three defendents in the "tax deposit" scandal, often referred to as the "heist of the century." The case involves the theft of 3.7 trillion Iraqi dinars ($2.5 billion) from the General Tax Authority's account at the state-run Rafidain Bank. According to a brief statement from […]
