The latest investment news from Iraq – news on the Dinar, finance and more – brought to you by Iraq Business News
By John Lee. Iraq's Prime Minister Ali al-Zaidi has met with World Bank Group President Ajay Banga in Washington. The delegation accompanying Banga included Makhtar Diop, President of the International Finance Corporation (IFC), and senior World Bank officials. According to the Prime Minister's Office, al-Zaidi highlighted the government's focus on banking sector reform and programme […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Zaidi Courts US Investment amid Resistance from Iran-Backed Factions Iraqi Prime Minister Ali Al-Zaidi has held high-level meetings in Washington with President Donald Trump and other senior officials. The July 13 visit, […]
By John Lee. Iraq's Prime Minister, Ali al-Zaidi, met on Thursday with Turkey's Minister of Energy and Natural Resources, Alparslan Bayraktar, to discuss bilateral cooperation across a range of sectors. The Iraqi government's media office reported that talks covered energy, oil and gas, electricity, agriculture, and regional connectivity. During the meeting, Ali al-Zaidi highlighted plans […]
By John Lee. Iraq's Ministry of Planning has held a meeting with representatives of the World Bank to discuss cooperation on supporting entrepreneurship, empowering small and medium-sized enterprises (SMEs), and creating a more efficient and attractive business environment for investment. According to a statement from the Ministry, Sunday's meeting discussed a proposed programme aimed at […]
By John Lee. Iraqi officials held separate meetings with the Turkish ambassador to Iraq and a delegation of Turkish businessmen this week, focusing on expanding investment and trade cooperation between the two countries. According to the Prime Minister's Media Office, Prime Minister Ali al-Zaidi received Turkish ambassador to Iraq Anil Bora Inan, along with representatives […]
By John Lee. The Jordan Chamber of Industry (JCI) and an economic delegation from the Kurdistan Region of Iraq met on Tuesday to discuss ways to organise reciprocal visits for businesspeople and investors to explore investment opportunities and build sustainable partnerships. According to Jordan's state-run Petra news agency, the talks, held at the JCI's headquarters […]
By John Lee. Talaat Moustafa Group (TMG) has received an investment licence and secured a land bank of approximately 12.8 million sqm in south-west Baghdad to develop an integrated urban community, in what the Egyptian group describes as a key milestone in its regional expansion strategy. According to TMG Holding, its subsidiary Talaat Moustafa Company […]
By John Lee. The Iraqi Embassy in London has held a virtual meeting with the Iraq Britain Business Council (IBBC) to discuss strengthening economic and investment relations between the two countries. Ambassador Dr Salih Husain Ali Al-Tamimi led the meeting, which covered a range of topics including: Recent political developments in Iraq, including the forthcoming […]
By John Lee. Iraq is developing a national roadmap to align with the European Union's Carbon Border Adjustment Mechanism (CBAM), focusing on its impact on key industrial sectors. The discussions took place during a committee meeting chaired by the Ministry of Environment, with participation from multiple government entities. Riyadh Fakher Al-Hashemi, Director General of the […]
By John Lee. State Company for Automotive and Equipment Industry, one of the companies of the Ministry of Industry and Minerals, has signed a partnership contract with Iraqi and Emirati firms to establish an integrated industrial system for the assembly, production and marketing of various types of vehicles. The agreement covers the production of: Buses […]
By John Lee. Cairo 3A Holding has reportedly signed a Memorandum of Understanding with International Venture Investment (IVI) Holding Limited in Baghdad to develop an integrated poultry project in Iraq. According to report from Agar Gate, the agreement marks the start of a long-term partnership aimed at building a vertically integrated operation that meets international […]
By John Lee. On Monday, Prime Minister Mohammed Shia' Al-Sudani chaired a Board meeting of the Iraq Development Fund to review progress on key strategic and investment projects overseen by the fund. The meeting discussed the "Eduba" schools construction project, for which the first phase has been launched, and reviewed a Ministry of Finance report […]
