By Sameedha Mahajan, Architect and Urban Designer. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Introduction For decades, Iraq has been grappling with conflict, political instability, and economic hardship. Millions have been displaced due to violence, wars, and terrorism, particularly in regions like Mosul […]
By John Lee. Iraq's Council of Ministers has approved the award of Tender No. CSSP-ITT-06 from Basra Oil Company (BOC) to China Petroleum Pipeline Engineering Co., Ltd. (CPPE). The project involves the construction of a seawater pipeline, as part of the Common Seawater Supply Project (CSSP). The contract will be executed over 54 months, including […]
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. Iraq will implement the global transit system TIR from 1 April 2025, marking a significant step in enhancing logistics and international trade. According to state-run Iraqi News Agency (INA), the Border Ports Commission announced that the system will streamline cross-border transport, strengthening Iraq's position as a key trade hub in the Middle […]
By John Lee. Iraq's Prime Minister Mohammed S. Al-Sudani chaired a special meeting of the National Renewable Energy Team on Monday to review progress on the country's renewable energy strategy. The Prime Minister instructed that renewable energy projects officially launch by summer, urging the acceleration of procedures and private sector engagement. The National Renewable Energy […]
By John Lee. Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, chaired a meeting with the General Company for Southern Fertilisers in Basra to review current partnership contracts and assess factory operations. The discussions focused on ensuring the continuous production of fertilisers to support the agricultural sector and enhance food security. The meeting covered […]
By John Lee. A US State Department spokesperson has reiterated Washington's concerns over Iranian-backed groups operating in Iraq. Responding to a question at a press briefing, Tammy Bruce emphasised that Iraq's government must maintain command and control over all security forces, including the Popular Mobilisation Forces (PMF), and ensure they report to Iraq's commander-in-chief rather […]
By John Lee. The German Liaison Office for Commerce & Industry in Iraq (AHK Iraq) has told Iraq Business News that trade between Germany and Iraq reached EUR 3.1 billion in 2024. This consisted of EUR 1.8 billion imported from Iraq into Germany, and EUR 1.3 billion from Germany to Iraq. Over four years, this […]
Deputy Prime Minister and Foreign Minister Mr. Fuad Hussein received a copy of the credentials of the new Ambassador of the United Kingdom of Great Britain and Northern Ireland to Iraq, Mr. Irfan Siddiq, at the Ministry's headquarters on Monday 24 March 2025. Minister Hussein welcomed the new Ambassador, and wished him success in his […]
By John Lee. Iraq has signed a contract with China State Construction Engineering Corporation (CSCEC) to build a comprehensive Medical City in Dhi Qar Province. The 490 billion Iraqi dinar [$374 million] project was finalized under the supervision of the Dhi Qar Reconstruction Fund and the Ministry of Health. During the signing ceremony, Prime Minister […]
By John Lee. Iraq's Minister of Industry and Minerals, Khaled Battal Al-Najm, laid the foundation stone for a new nitrogen fertiliser plant in Abu Al-Khasib, Basra, on Sunday, marking the revival of production after more than 40 years. The plant, with an annual capacity of one million tonnes, will be developed at a cost of […]
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 […]
