Germany – Kurdistan Iraq Business & Trade News – German Consul General, Erbil, Kurdistan, cultural ties, educational ties and more – brought to you by Iraq Business News
By John Lee. The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the German international development agency, has issued a press release outlining the success of its support for the 'Makers of Baghdad' innovation centres. Between 2019 and 2023, 1,236 Iraqis took part in business training and programming courses at the tech hubs. Subsequently, 221 of them […]
By John Lee. Chinese smartphone company Xiaomi has announced that the talabat app will now come preloaded on Xiaomi phones in United Arab Emirates, Qatar, Egypt and Iraq. Talabat, a food and grocery delivery app, was founded in Kuwait in 2004, and entered the Iraqi market in 2021. It was acquired in 2015 by German-based […]
By John Lee. The Iraqi Ministry of Planning held a meeting with the German government to discuss development cooperation across various fields. The meeting, led by Dr. Saher Abdul Kadhim Mahdi, Director General of the International Cooperation Department, included the German Embassy's economic advisor and his delegation. The discussion covered development activities funded by Germany […]
By John Lee. The Iraqi Cabinet has granted the Ministry of Interior the authority to contract directly with the Verdalia company, the sole agent for the German company Ottobock in Iraq, which specializes in manufacturing and installing smart prosthetic limbs. Sources told Iraq Business News that Verdalia, which is based in Cyprus, operates in Iraq […]
By John Lee. Iraq has signed a memorandum of understanding (MoU) with Siemens Energy and Schlumberger (SLB) to invest in and cease flaring associated gas from oil fields. This effort aims to convert the gas into productive energy to supply power stations and the national grid. During the signing ceremony, Mr. Hayan Abdul Ghani, the […]
By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, announced the signing of an agreement with Siemens of Germany to convert associated gas into electricity within six months. The minister signed the agreement in Berlin, Germany, aiming to convert associated gas into electrical energy to sustainably and securely meet citizens' needs. The minister emphasized […]
By John Lee. The University of the Arts in Bremen, Germany, (Hochschule für Künste Bremen - HfK) will partner with the College for Fine Arts in Sulaymaniyah and the Goethe-Institut Irak to establish the first design study program in Iraq. Over the next four years, the "Visual Communications" study program will be developed and designed […]
The KfW Development Bank and UNOPS signed a new agreement to support the conflict-affected communities and to enhance their access to basic public services in Anbar and Sinjar, Iraq. With the support from the Federal Republic of Germany, through KfW Development Bank, UNOPS will rehabilitate war-damaged shelters and basic community infrastructure such as water and […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani received representatives from the Chinese company China Railway, which is implementing the development project of Al-Nesoor Square in central Baghdad, as part of the first package of projects aimed at alleviating traffic congestion in the capital. During the meeting, attended by several advisors to the Prime Minister, […]
The United Nations World Food Programme (WFP), in collaboration with the Directorate of Agriculture in Ninawa Governorate and the University of Mosul, is implementing a multi-year initiative to transform farming practices in Ninawa governorate to boost food security and sustainability among small-holder farmers. The WFP-led programme trains over 500 farmers in conservation agriculture, water management, […]
By John Lee. The International Organization for Migration (IOM) and the Government of Germany, through the KfW Development Bank, have launched the sixth phase of their ongoing partnership, aiming to create 1,100 new jobs in small and medium-sized enterprises (SMEs) in Iraq, via its Enterprise Development Fund (EDF) component. The program provides financial capital to […]
By John Lee. Iraq is to open a Consulate General in Munich, Germany. The Cabinet agreed on Tuesday that the Ministry of Finance will allocate funds for the project. (Source: Media Office of the Prime Minister)
