By John Lee. A branch of Canadian ice cream and cakes outlet La Diperie has opened at Jadiriya Mall in Baghdad. The opening ceremony was attended by the Canadian Ambassador to Iraq, underscoring growing commercial ties and retail cooperation between Iraq and Canada. La Diperie is a brand of the MTY Food Group. (Source: Jadiriya […]
By John Lee. Yolk Brands, the UAE-based hospitality group behind Pickl and BonBird, has reportedly announced its expansion into Iraq under a new agreement with Al Maysarah Holding. The agreement provides for the opening of five Pickl restaurants and ten BonBird outlets. The first locations are scheduled to open in Q2 2026 at Iraq Mall […]
By John Lee. Iraq's Ministry of Trade has reportedly announced plans to open 150 hypermarkets across Baghdad and the provinces as part of a five-year strategy. Lama Hashem Al-Moussawi, Director General of the General Company for Food Trade at the Ministry, told state-run Iraqi News Agency (INA) that 23 locations will be opened in 2025, […]
By John Lee. Spanish fashion retail chain Inditex has said it will launch its first stores in Iraq this year. The announcement in the Group's FY 2024 results is part of a general worldwide expansion. Inditex did not specify which brands will be introduced to Iraq, but the group includes Zara, Bershka, Massimo Dutti, Oysho, […]
By John Lee. Prime Minister Mohammed S. Al-Sudani inaugurated the Taawon Hypermarket shopping center in Al-Bayaa, Baghdad, on Wednesday, offering food and goods at subsidised prices. Through a televised conference, he also launched five additional shopping centers in Al-Hurriya, Al-Salihiya, Al-Shaab, Palestine Street, and Jamila, alongside construction work for 23 similar projects in Baghdad and […]
By John Lee. International sports retailer GO Sport has announced its expansion into Iraq. Tom Foley, CEO of GO Sport, is quoted as saying: "We are thrilled to bring GO Sport's unique retail experience to Iraq ... This new expansion in Baghdad is just the beginning of our journey in Iraq, and we look forward […]
By John Lee. German luxury goods maker Montblanc has reportedly opened its first store in Iraq. According to Mid East Info, the new boutique is located in Baghdad Mall. Montblanc is part of the Swiss Richemont group. (Source: Mid East Info)
By John Lee. Prime Minister Masrour Barzani of the Kurdistan Region of Iraq opened the new Grand Majidi Mall in Erbil this week. The development, by Hewa Holding, promises to provide 1,700 jobs and opportunities for locals. (Source: @masrourbarzani)
By John Lee. The Saudi ambassador to Baghdad, Abdulaziz Al-Shammari (pictured), has revealed the signing of a contract between Saudi Arabia and Iraq for a significant investment project near Baghdad International Airport (BIAP). In a statement to the state-run Iraqi News Agency (INA), Al-Shammari said the contract involves an investment of up to one billion […]
By Jerome Radiguer, ITC-SAAVI Senior Advisor Retail Strategy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Building Sustainable and Equitable Food Markets in Iraq through Innovative Retail-Level Interventions Tackling Market Inefficiencies to Boost the Agricultural sector and Improve Food Access The issue Iraq's […]
By John Lee. The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, has officially opened the new Hyatt Regency Hotel, and the Gulan Mall, in Erbil. He thanked both Sirwan Barzani and Sabri Ozel for implementing these projects, which he said will pave the way for attracting tourists from the rest of Iraq and […]
The Iraq-based e-commerce business Orisdi raised a $220,000 bridge round in January 2023 to reinforce the continuous growth of the business and the growing potential of e-commerce in Iraq. The round included new investors like 3B Starlight Investment, Ahmed Gorani, Naveed Pasha, Hassan Al Shawaf, Ali Jawad, Zaid Al Khatib, and others, and existing investors […]
