By John Lee. In 2021 the Ministry of Planning's Central Statistical Organization (CSO) in partnership with the United Nations Development Programme (UNDP) and with funding from the United States Agency for International Development (USAID) has conducted a study on Micro, Small, and Medium-Enterprises (MSMEs) in Iraq. The Survey covered the three governorates of Baghdad, Basra, […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has inaugurated a joint management program for modern hospitals at Najaf Ashraf Educational Hospital. This initiative, in collaboration with Italy's Gruppo Ospedaliero San Donato (San Donato Hospital Group), aims to reduce the need for Iraqis to seek medical treatment abroad and save substantial costs. The program will […]
By John Lee. Prime Minister Mohammed Shia al-Sudani announced the launch of new service projects in Babil province worth 1.276 trillion dinars [$975 million] during his visit on Thursday. The projects include: Comprehensive sewer, sanitation, and stormwater projects in the districts of Qassim, Hashimiyah, and Medhatiah, with a total budget of 364.5 billion dinars. A […]
By John Lee. Prime Minister Mohammed Shia al-Sudani opened the new Etihad Food Industries flour mill in the city of Medhatiah [Madhatiya], in Babil Governorate, on Thursday. The project, a private sector initiative, aims to produce up to one million tons per year of high-quality zero-grade flour. The prime minister also opened new production lines […]
By John Lee. Prime Minister Mohammed Shia al-Sudani announced the start of the second phase of the Hilla Sewer Project, with a budget of $287 million, during a visit to the Babil province on Thursday. While on a field tour, the prime minister reviewed the progress of the first phase and emphasized the importance of […]
By John Lee. In its 41st regular session, chaired by Prime Minister Mohammed Shia Al-Sudani, the Iraqi Cabinet approved the allocation of four new residential city projects to foreign and local companies based on recommendations from the ministerial team established under Cabinet Resolution (23121) of 2023. The projects are as follows: New Al-Juwayriyah [Jawahiri] City […]
By John Lee. Canada and the Food and Agriculture Organization of the United Nations (FAO) in Iraq have signed a four-year CAN$ 10M * (US$ 7.3 million) agreement to implement a project aiming to strengthen the climate resilience of vulnerable agriculture households in the Southern Iraqi Governorates of Babil, Missan, Muthanna, Najaf, Al Diwaniyah, Thi-Qar […]
By John Lee. The Iraqi Ministry of Industry and Minerals has been hit by a financial scandal with the disappearance of 120 billion dinars [$92 million] from one of its companies. An Investigation and Control Division's official, who recently moved to the General Company for the Automotive and Equipment Industry in Iskandariya [Alexandria], in Babil […]
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Investigating a Massacre, Iraq Should Address Root Causes On December 31, Iraqi security forces killed 20 people from a single family in a raid on a home in Jableh district in […]
UNDP Iraq and the Japan International Cooperation Agency (JICA) have signed a renewed partnership agreement to monitor and support acceleration of the implementation of socio-economic infrastructure projects in Iraq. The projects are implemented by the Government of Iraq (GoI) with loan assistance from JICA with the aim of improving the economic recovery and living conditions […]
By John Lee. Oil Minister Ihssan Abdul-Jabbar Ismail has given further details of the seven "alternative energy" plants that will be built, clarifying that they will all be solar power plants. The projects will have a combined capacity of 750MW, with the largest being a 300-MW facility in Karbala. There will also be plants in […]
Luna park and a multi-store Parking Garage / Babil province According to investment law no. 13 for the year 2006 as amended and its regulations, Iraq’s National Investment Commission (NIC) is pleased to announce the investment opportunity of constructing a Luna park and a multi-store Parking Garage on the land lot numbered 2/400 m 8 […]
