By John Lee. Iraq's Federal Supreme Court has ruled unconstitutional a decree issued by the dissolved Revolutionary Command Council that had blocked foreign nationals from owning assets or investing in companies inside Iraq. The court, sitting under the presidency of Judge Munther Ibrahim Hussein with all member judges present, found that Revolutionary Command Council Decision […]
By John Lee. Talks on expanding investment between Iraq and Qatar took place at a meeting between National Investment Commission (NIC) chairman Adel Dakhil Muhammad al-Yasiri and Sheikh Faisal bin Qassim Al Thani, chairman of the Qatari Businessmen Association, held in the presence of Minister of Trade Mustafa Nizar Jumaa and a number of Qatari […]
By John Lee. An agreement has been signed to build an automotive manufacturing plant in Zakho, in Iraq's Kurdistan Region. The contract was signed between Harlem Group and China's Jetour International, marking what the companies describe as the first and largest domestic automotive manufacturing project in the Region, covering more than 1,000 dunams. The contract […]
By John Lee. Prime Minister Ali al-Zaidi met a group of Iraqi business leaders and investors in Amman, Jordan, to outline government policies aimed at improving the investment climate and attracting domestic and foreign capital. According to the Prime Minister's Office, al-Zaidi highlighted measures including customs exemptions for development projects, streamlined procedures, and protections for […]
By John Lee. Talks between Iraq's foreign minister and the head of the International Trade Centre (ITC) have covered economic diversification, private sector development, and support for Iraq's accession to the World Trade Organization (WTO). Foreign Minister Fuad Hussein met ITC Executive Director Pamela Coke-Hamilton at the Ministry of Foreign Affairs in Baghdad on Sunday. […]
By John Lee. Iraq and Jordan have discussed the establishment of a free trade zone between the two countries, alongside broader bilateral cooperation in energy, investment and trade. The talks took place during an expanded session held in Amman between the two countries' delegations. According to Iraq's Prime Minister's Office, Prime Minister Ali al-Zaidi and […]
Iraq-US Business Council Launched in Baghdad Iraq-US Business Council Opens to Boost Investment Ties New Iraq-US Business Council Targets American Investment By John Lee. An Iraqi-American Business Council [U.S.-Iraq Business Council (USIBC)] has been launched in Baghdad, aimed at strengthening economic ties between the two countries and attracting American investment across key sectors. The opening […]
By John Lee. Iraq and Jordan have signed nine memoranda of understanding (MoUs) and executive programmes covering a range of sectors. The signing ceremony was presided over by Prime Minister Ali al-Zaidi and his Jordanian counterpart. The agreements cover: Competition policy and anti-monopoly cooperation Environmental protection Higher education and scientific research (2026-2031) Consumer protection Documents […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US agrees to ship more dollars to Iraq, PM says The US has agreed to increase shipments of physical dollars to Iraq, prime minister Ali Al-Zaidi […]
By John Lee. The Iraq-Italy Business Council (IIBC) held its first meeting at its Baghdad headquarters on 20th October, following the issuance of the ministerial decree establishing it. The session was attended by Dr. Malik Al-Duraie, Director General of the Private Sector Development Department, along with members from various Iraqi sectors. Two days later, IIBC […]
By John Lee. Progress on Japanese loan-funded port development projects in Iraq has been reviewed at a meeting between the General Company for Ports of Iraq (GCPI) and representatives of the Japanese loan authority. The meeting was chaired by GCPI Director General Abdullah Ati Abdullah. According to the Ministry of Transport, discussions covered completion rates […]
By John Lee. Plans for a network of specialist trade showrooms selling Chinese construction materials in Baghdad and across Iraq's provinces are under discussion. According to the Ministry of Transport, a Chinese delegation met with the director-general of the General Company for Trading in Construction Materials, Engineer Areej Hussein al-Jumaili, to explore the project. Talks […]
