Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
From the Iraq Britain Business Council (IBBC): IBBC Holds Successful Spring Conference at the Mansion House IBBC hosted over 250 members, businesses and government officials for its 13th Mansion House conference on 2-3 June. IBBC President Baroness Nicholson welcomed the delegates, in particular the Ministers and official government guests from Iraq, led by Deputy Prime […]
By John Lee. Under the patronage of Central Bank Governor Ali Mohsen Al-Allaq, a workshop has been launched to support the implementation of the bank's new strategy to increase private sector lending, with a focus on small and medium-sized enterprises (SMEs). In his opening remarks, Governor Al-Allaq emphasised the bank's commitment to addressing challenges in […]
By John Lee. Iraq's National Investment Commission (NIC) has announced more than 135 ready-to-offer investment opportunities across key economic sectors as part of its preparations for the Iraq Investment Forum 2025, scheduled for 14-15 June. The NIC has held a series of intensive coordination meetings with provincial investment commissions to review and validate the legal […]
By John Lee. Japan's Ambassador to Iraq, Akira Endo, has reportedly reaffirmed his country's support for Iraq, announcing over $21 billion in economic cooperation projects since 2003. Speaking at the signing ceremony of a new agreement between the Iraq Development Fund and the Japan Cooperation Center for the Middle East (JCCME), he emphasized Japan's ongoing […]
By John Lee. ToolMart, an Iraqi-based e-commerce platform that sells tools and hardware products, has successfully closed its seed funding round led by Plus VC and Oasis500, along with prominent angel investors from across the region. The newly-secured capital will be used to accelerate the company's growth, expand its workforce, and scale operations into new markets […]
By John Lee. Iraq's Ministry of Planning held a technical meeting in Baghdad on Tuesday with a delegation from the World Bank, led by Deputy Minister for Technical Affairs, Dr. Maher Hammad Johan, to discuss mechanisms for joint cooperation on funding proposals to support vital development projects in Iraq. The discussions focused on four sectoral […]
By John Lee. In a strong show of support for Iraq's transformation, France hosted a high-level France-Iraq Business Forum in Paris, bringing together over 300 business leaders and decision-makers. Organised by Business France, the event aimed to reinforce bilateral economic ties and unlock long-term investment opportunities. Following the forum, key Iraqi institutions and French companies […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 29th May 2025. Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 2,338.8 3.2% 4.0% RSISX USD Index […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has officially launched construction on the New Sadr City project in Baghdad. The project covers 4,000 dunams [400 hectares; 1,000 acres] between the Al-Maamel area and the edge of the existing Sadr City. It will feature 60,000 housing units of various sizes, fully integrated with public services […]
By John Lee. The Directorate General of Industrial Development, part of Iraq's Ministry of Industry and Minerals, issued 165 preliminary licences for new industrial projects across various sectors during April 2025. Director General Dr. Eng. Ali Ibrahim Janan stated that the approvals cover food, chemical, metal, construction, textile, and engineering industries. Baghdad led with 26 […]
From the Iraq Britain Business Council (IBBC): Al-Rida Company Signs Agreement with Bahrain's Neo Company IBBC member Al-Rida Company has signed a strategic partnership agreement with Neo Company from Bahrain during a ceremony held in Baghdad. The agreement aims to enhance cooperation in investment and development projects between the two companies. IBBC was represented at […]
By John Lee. Prime Minister Mohammed S. Al-Sudani oversaw the signing of a Memorandum of Understanding between the National Investment Commission (NIC) and Egypt's Talaat Moustafa Group for Real Estate Development (TMG) to develop part of the economic zone in Al-Rafeel [Rafael] City, west of Baghdad. The agreement involves Iraqi-Egyptian-Saudi investment and includes participation from […]
