Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Dr Luay Al-Khateeb joins IBBC Advisory Council

From the Iraq Britain Business Council (IBBC): Dr Luay Al- Khateeb is joining IBBCs advisory council and brings his energy expertise to the council. As a long-standing friend of IBBC Dr Luay has chaired energy panels at IBBC major conferences. As an independent Iraqi politician he was the former Electricity Minister and member of the Federal Energy […]

British Firm to provide Conformity Assessment Services in Iraq

By John Lee. UK-based Total Quality Assurance provider Intertek has announced its appointment by the Iraqi government's Central Organization for Standardization and Quality Control (COSQC) as an authorised Conformity Assessment Body (CAB) for goods imported into Iraq. All exporters to Iraq must present a Certificate of Conformity (CoC) and a Release Note to Iraqi Customs […]

World Bank Discusses Funding for Iraqi Projects

By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, held a meeting on Monday with a World Bank delegation led by the Regional Director for the Middle East, Jean-Christophe Carret. The discussions focused on enhancing cooperation in economic and social development. Key Discussion Points: Support for Transportation and Infrastructure Projects: Development of transportation and […]

Iraq Launches Expansion of Al-Haidariya and Najaf Power Plants

By John Lee. Prime Minister Mohammed Shia Al-Sudani initiated the expansion of Al-Haidariya [Haydariya] and Najaf combined-cycle gas power plants, adding a total capacity of 495 MW, alongside a new 400 kV transformer station. These projects are part of a strategic agreement with Siemens, which includes two phases: the first phase involves three plants in […]

China, Siemens in Baiji Power Plant Rehabilitation

By John Lee. The Iraqi government has approved the recommendation from the Ministerial Council for Energy (24067 T) of 2024 to sign a tripartite agreement involving the Ministry of Electricity, Siemens Energy, and the China State Construction Engineering Corporation (CSCEC). The agreement focuses on the rehabilitation of the Baiji Gas Power Plant (Unit 2), designating […]

Iraq establishes Diplomatic Relations with Bolivia

By John Lee. Iraq has established diplomatic relations with Bolivia. The signing ceremony took place at the headquarters of the Permanent Mission of the Republic of Iraq in New York. The statement was signed by the Chargé d'Affaires of the Permanent Mission of Iraq to the United Nations in New York, Dr. Abbas Kadhom Obaid […]

Spain signs EUR 1bn Cooperation Agreement with Iraq

By John Lee. The Spanish Export Credit Agency (CESCE) has signed an agreement with Iraq's Sovereign Guarantees Committee to enhance cooperation between Spain and Iraq. The €1 billion agreement aims to facilitate Spanish companies in executing mutually agreed projects to support the development of Iraq's private industry under CESCE's coverage. The agreement underscores the commitment […]

Iraq's drive for Self-Sufficiency "raises Concerns in Iran"

By Yerevan Saeed, for the New Lines Institute. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. An Attack in Iraq Sends a Message: Closed To Western Energy Business  Iraq's drive for energy self-sufficiency, fueled by potential future U.S. investment, and Türkiye's ambitions of reaching […]

Next Generation Iraq: Understanding Youth Perspectives

By John Lee. The British Council has published a landmark study examining the experiences, perceptions and attitudes of 1,268 Iraqi young people aged between 18 and 30. Next Generation Iraq is part of the British Council's Next Generation research programme, aimed at understanding youth perspectives and informing policy and programming to better address their needs. […]

Iraq Opens Four Military Manufacturing Factories

By John Lee. Prime Minister Mohammed Shia Al-Sudani inaugurated four new military manufacturing factories of the Military Industrialization Authority. The inauguration took place at the General Company for Military Industries complex in southern Baghdad and included a virtual participation. The ceremony was attended by the Minister of Electricity and other officials. Newly Inaugurated Facilities: Light […]