Dohuk-based Firm Wins UN Contracts
By John Lee. Dohuk-based Newsazz Ltd has won a series of contracts with the United Nations: IT equipment to support PMO-NOC office, via the UN Development Programme (UNDP), as advertised here on Iraq Business News. Contract value: IQD 98,230,000 [$75,000]; Bullet-proof vests and helmets, for the International Trade Centre (ITC): Contract value: $23,700; Digital Forensics […]
Developing Tourism Enterprises in Kurdistan Region of Iraq
From the United Nations Development Programme (UNDP): Developing Tourism Enterprises in Kurdistan Region of Iraq The United Nations Development Programme (UNDP) in Iraq, with funding from the United States Agency for International Development (USAID), in collaboration with the Ministry of Municipality and Tourism - Board of Tourism of the Kurdistan Regional Government (KRG), proudly announces […]
JCB delivers New Loaders to Iraq
By John Lee. Baghdad's Al Sadeq Group has delivered seven JCB 455ZX wheel loaders to Iraq, the first introduction of this model to the Iraqi market, according to a report from Plant and Equipment News. UK-based JCB announced in 2022 that it has signed a partnership agreement with Khair Al-Wady Al-Athim (KAW), part of the […]
KRG, Visa Partnership to promote Financial Inclusion
KRG and Visa sign strategic partnership to promote financial inclusion The KRG's financial inclusion initiative 'MyAccount' has entered a strategic partnership with Visa, a world leader in digital payments, marking a key milestone in advancing digital payment solutions and promoting financial inclusion in the Kurdistan Region of Iraq. As part of this partnership, Visa will […]
UNHCR Factsheet: PROSPECTS Partnership in Iraq
By John Lee. In September 2024, the Government of Iraq launched the second phase of the PROSPECTS partnership in Iraq, an initiative spearheaded and funded by the Government of the Netherlands. As part of this initiative, UNHCR has published a Factsheet: PROSPECTS partnership in Iraq (January 2025) It says that, as of December 2024, Iraq […]
Iraqi PM Highlights Investment Opportunities and Reforms in Iraq
By John Lee. Prime Minister Mohammed S. Al-Sudani participated this week in a financial forum held in London during his official visit to the United Kingdom. The event brought together major British financial institutions, representatives of the Iraqi private sector, and government officials from both nations. In his remarks, Prime Minister Al-Sudani emphasized the strategic […]
Iraq to Lease Advertising Spaces on Public Roads
By John Lee. The Iraqi Cabinet has endorsed new measures aimed at enhancing state revenues by utilising public infrastructure for advertising purposes. Key Points of Approval: Leasing Advertising Spaces: The Minister of Construction, Housing, Municipalities, and Public Works is authorised to lease advertising spaces on public road easements and bridges outside Baghdad Municipality's and local […]
US Firm offers Feasibility Study on Solar Energy in Iraq
By John Lee. Prime Minister Mohammed S. Al-Sudani met representatives of US-based UGT Renewables in London this week. The meeting included a presentation on the company's key projects, which span more than thirty countries worldwide, and explored potential cooperation with Iraq in its field of expertise. The Prime Minister highlighted the government's interest in investing […]
Iraqi PM meets European Bank Delegation
By John Lee. Prime Minister Mohammed S. Al-Sudani has met a delegation from the European Bank for Reconstruction and Development (EBRD), headed by the bank's President, Ms. Odile Renaud-Basso. The Prime Minister expressed his appreciation for the bank members' approval of Iraq's accession in October of last year. He highlighted the importance of partnership with […]
IBBC Business Reception in Honour of Iraqi Prime Minister
From the Iraq Britain Business Council (IBBC): As part of the official visit of Prime Minister Mohammed Shia Al Sudani to the United Kingdom the IBBC was delighted to host a business reception in honour of the Prime Minister and his delegation. The reception took place on 15th January, at the home of the Institute […]
New Controls to combat Money Laundering, Financing of Terrorism
By John Lee. The Central Bank of Iraq (CBI) has announced new regulatory controls for combating money laundering and financing terrorism, and for preventing the proliferation of weapons. Click here to download the full document (76 pages, Arabic only) (Source: CBI)
UK Relaxes Advice on Travel to Iraq.
From the Iraq Britain Business Council (IBBC): FCDO reviews and relaxes travel advice to Iraq The British Foreign and commonwealth office has relaxed its advice on travelling to Iraq. In what is now a more variegated and nuanced approach to advice, the FCDO has reduce the level of risk in significant areas of Iraq, including […]