Tag Archives | Iraqi Riyada Network for Access Development and Advancement (IRADA Network)

Iraq Designates 4th March as National Entrepreneurship Day

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has announced that 4th March will officially be recognised as National Entrepreneurship Day in Iraq. The declaration was made during the opening of the second "Riyada" (Entrepreneurship) Conference and Exhibition in Baghdad on Saturday. Al-Sudani praised the "Riyada" initiative as a key element of his government's economic […]

Iraq Announces $450bn Investment Opportunities

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Saturday inaugurated the Iraq Investment Forum (IIF) in Baghdad, unveiling investment opportunities worth $450 billion [IQD 587 trillion] across more than 160 projects in various sectors. In his speech, Al-Sudani welcomed participants, praising the National Investment Commission (NIC), the Iraqi Economic Council (IEC), and supporting bodies. […]

Iraq Expands Youth Loan Programme under 'Riyada' Initiative

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani chaired a meeting on Sunday to follow up on the implementation of the government's "Riyada" initiative and the disbursement of youth loans for qualified applicants. Al-Sudani highlighted the initiative's positive reception among young people, describing it as a foundation for a new labour market reality, encouraging private […]

Rafidain Bank launches Phase II of Entrepreneurship Initiative

By John Lee. Iraq's state-owned Al-Rafidain Bank has announced the launch of the second phase of its "Riyada" initiative [Iraqi Riyada Network for Access Development and Advancement, IRADA Network], following the success of the first phase, which it says funded over 8,000 productive projects with a total of more than 107 billion IQD [$82 million]. The […]

Iraq to create Industrial City dedicated to Small Businesses

By John Lee. The Prime Minister of Iraq has directed the allocation of land for the creation of an industrial city dedicated to small businesses, particularly those supported under Riyada Initiative [Iraqi Riyada Network for Access Development and Advancement, IRADA Network]. Mohammed S. Al-Sudani said that, to date, the initiative has granted loans to around […]

Supporting Youth-Led SMEs at "Riyada" Initiative Conference

By John Lee. The "Riyada" Initiative Conference was held on Saturday in Baghdad under the theme: "Investing in Human Potential to Enhance Iraq's Economy... Toward an Entrepreneurial Society." According to a statement from Prime Minister's office, the event showcased the government's commitment to empowering youth through entrepreneurship as a core pillar of economic development. Prime […]

Iraq to launch National Entrepreneurship Competition

By John Lee. Prime Minister Mohammed Shia' Al-Sudani chaired the fifth meeting of the Supreme Council for Youth, discussing and approving several initiatives: The Council launched the National Entrepreneurship Competition, in collaboration with the Riyada initiative, to support 100 youth-led entrepreneurial projects with loans up to 100 million dinars [$76,00] each. Additionally, the Council approved […]

New Alliance of Entrepreneurship-Focused Institutions in Iraq

The Iraqi Riyada Network for Access, Development, and Advancement (IRADA Network) was launched recently in Baghdad. It is the creation of a consortium of prominent institutions specializing in business development and entrepreneurship, including the RWANGA Foundation in Iraqi Kurdistan, Qaf Lab in Mosul, and Tafa3ul Hub from Basra. Institutions From Baghdad include Computiq, The Station, […]