By John Lee. Qatar Chamber and the Federation of Iraqi Chambers of Commerce have signed a Memorandum of Understanding (MoU) to establish a Qatar-Iraq Joint Business Council. The signing took place on Wednesday at a bilateral business meeting in Doha, attended by senior figures from both chambers and prominent business leaders from each country. The […]
By John Lee. Iraq has announced a package of economic stimulus measures totalling around IQD 3.5 trillion ($2.7bn), covering housing finance, industrial lending, contractor payments, agricultural dues, and an expanded generations fund. The measures were agreed at a meeting chaired by Prime Minister Ali al-Zaidi and attended by the Minister of Finance, the Governor of […]
By John Lee. Iraq's Prime Minister has used the UN General Assembly to call on international investors to engage with the country, citing its energy resources, strategic location, and ongoing economic reforms. Prime Minister Ali al-Zaidi, addressing the General Debate of the UN General Assembly's 81st session in New York, said Iraq aims to become […]
By John Lee. Plans are under discussion for an Indian investment in a pipe manufacturing complex in Basra, producing oil, gas, and water pipelines for infrastructure projects and the domestic market. The National Investment Commission (NIC) met with a delegation from Indian company Man Industries this week to explore the proposal. Adel Dakhil Muhammad al-Yasiri, […]
By John Lee. The National Investment Commission (NIC) has held discussions with representatives of German consultancy firm Schlegel and Partners on potential investment and advisory cooperation across several sectors in Iraq. The meeting, attended by officials from the Muthanna Investment Commission, covered the firm's areas of specialisation and explored cooperation prospects in the advisory field. […]
By John Lee. Iraq's Ministry of Trade held separate meetings on Sunday with the US chargé d'affaires in Baghdad and the Iranian commercial attaché, covering ways to strengthen bilateral economic and trade relations with each country. Trade Minister Mustafa Nizar Jumaa received Steven Fagin, the US chargé d'affaires, to discuss expanding American companies' participation in […]
By John Lee. Iraq and Turkey have completed a framework draft agreement on developing transport infrastructure, with representatives of both sides signing the document on Wednesday. According to the Iraqi Ministry of Transport, the draft was finalised following a series of intensive meetings covering legal, technical, financial, and operational aspects, with participation from relevant authorities […]
By John Lee. A series of investment proposals covering smart cities, digital infrastructure, healthcare and tourism were discussed at a meeting between Iraq's National Investment Commission (NIC) and members of the Iraqi-French Business Council, along with representatives of companies Abraj Al-Maamura, Sawa and Enkidu. The meeting was chaired by Adel Dakhil Muhammad al-Yasiri, head of […]
By John Lee. Prime Minister Ali al-Zaidi has attended a German-Iraqi business dialogue forum in Berlin, held under the theme "Economic Bridges for a Common Future", with the participation of German business leaders and representatives of major German companies. Al-Zaidi presented Iraq's investment map, covering sectors including energy, oil and petrochemical industries, phosphates, clean energy, […]
By John Lee. Six memoranda of understanding (MoUs) were signed between Iraq and France at the Élysée Palace in Paris on Monday, covering defence, energy, aviation, and youth and innovation cooperation. The agreements were signed during a visit by Prime Minister Ali al-Zaidi and were witnessed by French President Emmanuel Macron. According to the Prime […]
By John Lee. Talks on cooperation in Iraq's transport sector have taken place between Transport Minister Wahab Salman Mohammed and a delegation from the Iraq Britain Business Council (IBBC), led by its president Baroness Emma Nicholson. The meeting, held on Sunday, covered outcomes from the delegation's visit the previous week to the General Company for […]
By John Lee. Construction is under way on the Bawanur Dam project in the Garmian District of the Kurdistan Region. The project is designed to strengthen water security, support agriculture and environmental protection, and generate electricity. Overseen by the Kurdistan Regional Government's (KRG) Ministry of Agriculture and Water Resources, the dam is an embankment structure […]
