The latest Japan – Iraq News – Japanese, Jogmec, economic, investment, oil, gas, Basra & more – brought to you by Iraq Business News
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Wednesday inaugurated the implementation of the Toyota Iraq industrial, storage, and service investment project in Baghdad. Al-Sudani described the initiative as a landmark for foreign investment in Iraq, highlighting it as a model of partnership between the national private sector and global companies. He underlined that […]
By John Lee. On 12 July 2025, the United Nations Institute for Training and Research (UNITAR) welcomed 524 young participants from Egypt, Iraq, and Lebanon to the Japan-funded "RISE LAB: Igniting Youth Potential through Entrepreneurship, Innovation, and Economic Resilience" training programme. Designed as a multi-phase approach, this programme aims to empower motivated entrepreneurs and leaders, both men and […]
By John Lee. Japan's Ambassador to Iraq, Akira Endo, has reportedly reaffirmed his country's support for Iraq, announcing over $21 billion in economic cooperation projects since 2003. Speaking at the signing ceremony of a new agreement between the Iraq Development Fund and the Japan Cooperation Center for the Middle East (JCCME), he emphasized Japan's ongoing […]
By John Lee. Vehicle sales in Iraq have reportedly risen 24.1 percent year-on-year, for the first quarter 2025. According to a report from Focus 2 Move, South Korea's Kia overtook Japan's Toyota to become the top-selling manufacturer in Iraq, with MG of China coming in third place. The biggest selling individual model was the Toyota […]
By John Lee. The Government of Japan and UN-Habitat have expanded their joint efforts to support returnees and vulnerable communities in Northern Iraq, in coordination with the Government of Iraq. A new Japanese contribution to the Japan Village Project in Mosul will provide 24 additional social housing units, increasing the total capacity to 500 returnees […]
By John Lee. Iraq's Deputy Prime Minister and Foreign Minister, Fuad Hussein, met with Japan's Ambassador to Iraq, Akira Endo, at the Ministry's headquarters on 25th March to discuss strengthening bilateral relations. During the meeting, a Memorandum of Understanding (MoU) was signed for a Japanese grant project provided by Japan International Cooperation Agency (JICA), aimed […]
By John Lee. The Iraqi Council of Ministers has approved an increase in the consultancy contract amount for the Basra Refinery Development / Fluid Catalytic Cracking (FCC) Project with Japan's UNICO and France's Technip. The decision also includes an extension of the contract duration, granted as an exception to Government Contracting Instructions No. (2) of […]
By John Lee. Iraq's Council of Ministers has approved the conversion of the Qayyarah [Qayara] Gas Power Plant from simple-cycle to combined-cycle operation. According to a statement from the Prime Minister's Office, the State Company for Northern Electricity Production has been authorised to award the contract to 'ARGAN INT', following the completion of procedural requirements. […]
By Eileen Travers for the United Nations (UN). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: How the world helped Mosul rise from the rubble of war Terrorist fighters with ISIL/Da'esh invaded Iraq's second city of Mosul in 2014, destroying centuries-old landmarks in […]
By John Lee. Japan's specialty coffee brand % Arabica has reportedly signed a master franchise agreement with Dubai-based Al-Handal International Group, paving the way for its Iraq launch. Key Details: First Iraq Store: Expected to open in Baghdad by late 2025, with further expansion in 2026. MENA Growth: Iraq becomes the 10th regional market for […]
By John Lee. Iraqi President Abdul Latif Jamal Rashid has formally received the credentials of the newly appointed ambassadors of Kuwait, Japan and Armenia during a ceremony at Baghdad Palace. The ambassadors welcomed included: Hasan Mohammad Zaman of Kuwait, Akira Endo of Japan, and Ruben Soghoyan of Armenia. The event was also attended by Deputy […]
By John Lee. The United Nations Development Programme (UNDP) in Iraq and the Japan International Cooperation Agency (JICA) Iraq Office have renewed their longstanding partnership, reaffirming their commitment to supporting Iraq's socio-economic development. Backed by funding from the Government of Japan (GoJ) and JICA, this partnership builds on over 15 years of cooperation with the […]
