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Germany – Kurdistan Iraq Business & Trade News – German Consul General, Erbil, Kurdistan, cultural ties, educational ties and more – brought to you by Iraq Business News

New Glass Factory for Baghdad

By John Lee. The Sulaimanyah-based Royal Can Making Company is reportedly planning to set up a container glass factory in the south of Baghdad. According to Glass International, the new Al Malakeya Glass Company will have a capacity of 1150 tons per day when completed in August 2024. Engineering Procurement and Construction (EPC) management will […]

1,000 SMEs Financed by IOM's Enterprise Development Fund

Sustainable Living in Iraq: A Milestone 1,000 SMEs Financed Through IOM's Enterprise Development Fund At the conclusion of Iraq's devastating conflict with the Islamic State in Iraq and the Levant (ISIL), small and medium enterprises (SMEs) found themselves without access to the finance necessary to rebuild in the wake of the war's large-scale destruction. In […]

Germany gives another $22m to Boost Employment in Iraq

Germany Increases Support to Boost Employment Opportunities in Iraq with New EUR 18m Contribution Germany and the United Nations Development Programme (UNDP) have today signed a EUR 18.29 million agreement (US$ 21.78 million) to boost employment and economic opportunities for vulnerable communities in Iraq. The generous contribution is the second provided to the Building Resilience […]

Big Future for Small Businesses: 35+ Entrepreneurs Exhibit

Big Future for Small Businesses: Exhibition by MOLSA and UNDP Welcomes Over 35 Entrepreneurs Over 35 small businesses from across Iraq have gathered at an exhibition in Baghdad. The event was a part of the joint efforts by the Federal Ministry of Labour and Social Affairs (MOLSA) and the United Nations Development Programme (UNDP) to […]

Business Development Services for Small Enterprises in Iraq

ILO, IOM Collaborate to Improve Business Development Services for Small Enterprises in Iraq The International Labour Organization (ILO) and the International Organization for Migration (IOM) in Iraq are collaborating to support the development of existing national small-scale enterprises and potential entrepreneurs from displaced and host communities in Iraq through entrepreneurship skills training. Under the new […]

Germany, IOM Supporting Economic Recovery in Iraq

Germany, IOM Reaffirm Partnership to Support Economic Recovery in Iraq Small and medium enterprises (SMEs), which employ roughly half of Iraq's workers, were severely impacted by the conflict with the Islamic State in Iraq and the Levant (ISIL). When the COVID-19 pandemic struck, the resulting economic slowdown undermined the gradual progress SMEs had made toward […]

UN Meets Donors to Discuss Development Strategy for Iraq

A high-level meeting between the United Nations and international donors took place in Baghdad to discuss the United Nations' updated development strategy for Iraq. The meeting focused on the 2020-2024 United Nations Sustainable Development Cooperation Framework (UNSDCF), which was signed by the Government of Iraq in September. The UN was represented by the Deputy Special […]

Iraq launches COVID-19 Vaccination Campaign

The World Health Organization (WHO), in partnership with the Iraqi Ministry of Health, today launched a national COVID-19 mass vaccination campaign covering all Iraq including the Kurdistan Region and targeting over 12 million people with children 12 years old and above. The campaign which commenced today will last until December 31st 2021, and will certainly […]

Germany Supports Investigation of ISIL Financing

Germany Renews its Support to UNITAD with a New €1 Million Contribution to Investigate Financing of ISIL Crimes Germany has renewed its support to the United Nations Investigative Team to Promote Accountability for Crimes Committed by Da'esh/ISIL (UNITAD) by recommitting an additional €1 million for investigations into the financial dimensions of ISIL crimes. This support […]