New Paper Factory opened in Karbala
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has opened the Al-Kawthar Paper Factory in Karbala. The plant has a capacity of 250 tons of paper per day, which covers 17 percent of the Iraq's needs. It can also produce 150 tons per day of cartons, covering 15 percent […]
Basra Business Incubator
Among the fruits of the partnership between The Association of Municipalities and Towns of Slovenia and Basra governorate, is the Basra Business Incubator. The Basra Business Incubator was opened last December to help young people kick-start their projects and their future careers. The incubator -the first of its kind in the region- will serve as a […]
Netherlands offers Scholarships to Iraqi Professionals
By John Lee. The Dutch Ministry of Foreign Affairs has announced training opportunities at educational institutions in the Netherlands, targeted at Iraqi professional "impact makers" under the age of 45. Approximately 20 scholarships will be awarded to female and male professionals who are: highly motivated; living and working in Iraq; 20 to 45 years old; […]
Iraqi Judges in Crosshairs of Drug Dealers
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi judges in crosshairs of drug dealers with powerful connections Iraq has seen systematic assassinations of judges since 2003, most of whom were handling investigations into drugs and […]
Could Alkhouzai be Iraq's next Prime Minister?
The Iraqi businessman, Sheikh Mohammed Al'Khouzai [Alkhouzai], has announced that he is putting his name forward as a candidate for the position of Prime Minister. Mohammed, a long-time friend of Iraq Business News, claims support from across the political spectrum, and from a range of tribal leaders. Amongst those endorsing his candidacy are Dr. Mahmoud […]
Iraq announces Exit from Chapter VII
Iraq's Minister of Foreign Affairs, Mr. Fouad Hussein, announced Iraq's exit from Chapter VII of UN Charter after the UN Compensation Commission (UNCC) announced that Iraq had made the final reparation payment to Kuwait. In a speech during a briefing at the UN Security Council on ending the Compensation Commission's mandate over Iraq's reparations to […]
ABB partners with INTECH Process Automation in Iraq
ABB named system integrator and automation solution provider INTECH Process Automation UAE as ABB Value Provider (AVP) for the UAE and Iraq. The AVP program ensures that the services customers receive from AVPs meet the high quality standards of ABB products both globally and locally. Huseyn Tarek, Regional President - MEA&CIS Management, INTECH, said: "We […]
US put Iraqi Firms on Piracy List
By John Lee. The Office of the United States Trade Representative (USTR) has included Iraqi companies on its newly-released 2021 Review of Notorious Markets for Counterfeiting and Piracy (the Notorious Markets List). The Notorious Markets List highlights online and physical markets that reportedly engage in or facilitate substantial trademark counterfeiting or copyright piracy. "The global […]
Germany provides Additional Contribution to UNMAS in Iraq
The Federal Republic of Germany Provides Additional Contribution to UNMAS in Support of the Mine Action Sector in Iraq The United Nations Mine Action Service (UNMAS) in Iraq welcomes an additional contribution of USD 5.7 million from the Federal Republic of Germany for residential area clearance in support of stabilization initiatives and post-conflict returns in […]
Iraq Joins the Patent Cooperation Treaty
The Government of Iraq has deposited its instrument of accession to the Patent Cooperation Treaty (PCT) with the Director General of the World Intellectual Property Organization (WIPO), making Iraq the 155th member of the PCT Union. The PCT will enter into force for Iraq on April 30, 2022. As from April 30, inventors in Iraq can file […]
Contract Awarded for Measuring Instruments
By John Lee. Ain Al-Sayad Company for General Contracts Ltd has won a contract with the United Nations Office for Project Services (UNOPS) for the "Supply and Installation of Electric Signals Measuring Instruments for the Signals School in Iraq." The contract is valued at $965,350. (Source: UNGM)