The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani met on Thursday with Mr. Fettah Tamince, Chairman of Turkiye's Rixos Hotels Group, to discuss the growing investment opportunities in Iraq's tourism sector. Prime Minister Al-Sudani stressed that ongoing development efforts across various sectors have laid the groundwork for numerous investment opportunities, particularly in tourism. He […]
By John Lee. American Global Medical Services (AGMS) is set to expand its footprint in Iraq, following a meeting between CEO Dr. Aizen J. Marrogi and Prime Minister Mohammed S. Al-Sudani on Monday. The company has proposed establishing a comprehensive medical city in Baghdad, which would include a 200-bed cancer hospital, a pharmaceutical manufacturing facility, […]
By John Lee. Iraq's Ministry of Trade has reportedly announced plans to open 150 hypermarkets across Baghdad and the provinces as part of a five-year strategy. Lama Hashem Al-Moussawi, Director General of the General Company for Food Trade at the Ministry, told state-run Iraqi News Agency (INA) that 23 locations will be opened in 2025, […]
By John Lee. Construction has started on the Waste-to-Energy Power Plant Project in Al-Nahrawan, Baghdad. With a capacity of 100 megawatts, the plant will use high-efficiency complete combustion technology, according to a statement from the Media Office of the Prime Minister. Iraq's Council of Ministers approved the project in February, awarding it to the Chinese […]
By John Lee. icetana Limited (ASX:ICE) has announced its first contract in Iraq, securing a US$1.09 million deal with HTE Electronics Trading LLC, the Dubai-based subsidiary of Al-Technologia Al-Alia Co. for General Trading Ltd (High Tech). The company describes itself as, "a global SaaS software company providing video analytics technology designed to identify abnormal events […]
By John Lee. The Iraqi Oil Pipeline Company has successfully removed an illegal tap on a 16-inch crude oil pipeline in the Nahrawan area, east of Baghdad. Company Director General Ali Abdul Karim al-Moussawi said that technical teams detected the breach, which involved a deliberate puncture connected to valves and a 100-meter plastic pipe for […]
By John Lee. The Baghdad Chamber of Commerce has welcomed the Amman Chamber of Commerce's plan to establish a trade office in Baghdad, aimed at strengthening economic and trade cooperation between Iraq and Jordan. During a meeting with Raad Bureij, Vice President of the Baghdad Chamber of Commerce, Amman Chamber President Khalil Al-Haj Toufic emphasized […]
By John Lee. The Ministry of Health has announced details of the 100-bed hospital series under the Iraq-China agreement, specifying the provinces and expected completion timeline. Ministry spokesperson Seif Al-Badr confirmed that contracts with reputable global companies are ongoing, with daily oversight from Health Minister Dr. Saleh Mahdi Al-Hasnawi. The hospitals will be constructed in: […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani inaugurated the construction of 10,000 serviced residential plots in Nahrawan, Baghdad, as part of the government's broader housing initiative. The 2,500-donum project aims to provide integrated infrastructure, including water, electricity, roads, schools, and healthcare facilities. Al-Sudani emphasized the government's strategy of expanding towards urban outskirts to alleviate […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a special meeting on Monday to review progress on the third phase of the Al-Rasheed Street rehabilitation project. The session included the Governor of the Central Bank of Iraq (CBI) and representatives from the Iraqi Private Banks League (IPBL), reflecting the government's commitment to restoring Baghdad's […]
From the Iraq Britain Business Council (IBBC): Iraq's ministers attend IBBC's largest Baghdad conference 2025 The IBBC held its Bagdad conference dedicated to 'Delivering Innovation' at the behest of the Prime Minister Mr Al Sudani. It has been 6 years since IBBC members last held a conference of this magnitude in Iraq with key Government […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a special meeting on Thursday to review and follow up on the implementation of development projects in Al-Kadhimiya. The session assessed completed service projects and ongoing infrastructure developments, including the construction of 38 new school buildings and the rehabilitation of dozens of existing schools. Discussions covered […]
