Hackasuly, the Sulaymaniya-based hackathon, is returning. From 22nd to 24th June, the event will be part of the city's Bit Festival. It aims to bring the coding community together over a weekend to work in teams and turn their ideas into technological solutions. Prizes will be awarded in three categories: Software Engineering AI and Data […]
By John Lee. Erbil-based start-up Midient has reportedly received a "pre-seed round" investment of $115,000 from regional accelerator Flat6Labs for its loyalty program product Kurdivia. According to Iraqi Innovators, the company was co-founded by Ahmed Jamal, Mohammed Shahoyi, and Omer Sabah. It was also picked for a $10,000 pilot investment by Canadian venture fund Loyal […]
By John Lee. Iraqi Prime Minister, Mr. Mohammed S. Al-Sudani, has met with a group of scientists, inventors, innovators, researchers, university professors, and patent holders from diverse academic fields. The meeting aimed to discuss and explore proposals that could positively impact the country's economy and address various service and life-related challenges. During the gathering, the […]
By Timothy Motte, for The Realistic Optimist. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The timid but ambitious Iraqi startup scene Battered by decades of conflict and pervasive reliance on oil, Iraqi founders are trying to break the status quo. Click here to […]
By John Lee. The Private Sector Development Department of the Iraqi Ministry of Trade participated in a workshop organized by the Dutch Spark organization in Erbil to support small and medium-sized companies. The workshop aimed to provide guidance and training to link these companies with banks and find sources of financial support for them. The […]
The Iraq Response Innovation Lab invites young agri-preneurs in Iraq who want to learn from industry experts to register for its upcoming Zoom event on the 29th March. Titled "Understanding Your Role in the Agribusiness Value Chain", it will be hosted by youth and feature experts and business leaders from the agribusiness and agrifood value […]
By Meethak Al-Khatib and Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. With few job openings, Iraqi youth find work in creative ways As Iraq's economy struggles, Al-Monitor spoke to young Iraqis who are making money via video […]
Seed investor Flat6Labs has launched its StartMashreq entrepreneurship program. The regional program is being implemented over a two-year period in partnership with the International Finance Corporation (IFC), a member of the World Bank Group, and the government of the Netherlands. As the first program of its kind, StartMashreq will offer comprehensive support to entrepreneurs across […]
ITC and UN WFP Sign an Agreement to Promote Development and Strengthening of Entrepreneurship The United Nations World Food Programme (WFP) and the International Trade Centre (ITC) signed an agreement on 6 March 2023 to collaborate on improving the efficiency and competitiveness of Micro, Small and Medium-sized Enterprises (MSMEs) in Iraq. The partnership will leverage […]
By John Lee. A new article by Laure Al-Khoury, for AFP, highlights the limited number of female entrepreneurs in Iraq, a country where most women don't work outside the home. Click here to read the full article.
From the United Nations Conference on Trade and Development (UNCTAD): The number of people registering businesses in Iraq through the country's online portal has steadily grown over the past year. In November 2022, over 275 companies were registered through business.mot.gov.iq - more than five times the number recorded during the first month after going live […]
By Hassan Jivraj for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's tech ecosystem offers bright spot for private sector Despite numerous regional and country-specific challenges, Iraqi start-ups had a good year. Click here to read the full article.
