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Turkish Firm installs Concrete Plants in Iraq

By John Lee. Turkish company Elkon has said it has completed the installation of three concrete batching plants in Iraq. The installations are located in Baghdad, Diwaniya and Kut: Baghdad: Elkomix-135 Quick Master Compact Concrete Plant commissioned in Baghdad produces 3.33 m³ of vibrated concrete in each cycle with the ELKON twinshaft mixer with a […]

iQ Cars Launches Commercial Vehicle Marketplace in Iraq

By John Lee. iQ Cars has launched a new machinery and commercial vehicle marketplace called iQ Fleet. According to a press release from the company, users can browse a wide selection of vehicles including trucks, buses, agricultural machinery and construction equipment from anywhere in Iraq. Amer Salih, CEO of iQ Cars, said: "Our mission is […]

New App allows Iraqis to trade US-Listed Stocks

By John Lee. Ishtar Gate Company for E-Payment Systems and Services, an Iraq-based fintech company, has reportedly released an app that allows users to trade US-listed stocks via a mobile app called Bluepay. According to Newsfile, the company was recently approved by the Central Bank in Iraq (CBI) as the "first and only company to […]

ScopeSky wins Contract with UNAMI

By John Lee. Iraqi-based IT company ScopeSky has won a new contract with the United Nations Assistance Mission for Iraq (UNAMI), for the supply of communication services over the coming year. The contract is valued at $173,925. (Source: UN)

The Deadly Greed of Iraq's Elite

By Dr Renad Mansour for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The deadly greed of Iraq's elite Political unrest since last year's election has claimed dozens of lives - but high-level corruption has quietly killed many more Iraqis. Click here […]

Al Sanam Islamic Bank selects ICSFS banking software

By John Lee. Al Sanam Islamic Bank, a newly-established Islamic bank in Iraq, has selected ICS BANKS Islamic Banking software solution from ICS Financial Systems (ICSFS). The signing ceremony took place at ICSFS' centre of excellence, Amman, Jordan. According to a press release, Al Sanam Islamic Bank will provide comprehensive, Shari'a-compliant financing products and services […]

KAW to represent JCB In Iraq

By John Lee. UK-based heavy machinery maker JCB has announced that it has signed a partnership agreement with Khair Al-Wady Al-Athim (KAW). Under the contract, KAW will supply the full range of JCB construction, industrial, access and power products in Iraq. According to media reports, KAW is part of the Baghdad-based Al Sadeq Group. (Source: […]

Asiacell chooses MCP Insight for Anti-Fraud and Compliance Monitoring

Mobile phone operator Asiacell has selected UK-based MCP Insight to provide their anti-fraud and compliance monitoring solutions for Asiacell's Value Added Services and Direct Carrier Billing services. MCP will be working closely with IQ Services, the Carrier's internal Master Aggregator, who manage all merchants offering services on Asiacell's network. MCP's combined Scanner and Shield solutions […]