By Dr. Muhammad Abdul Saleh, College of Business Economics at the University of Nahrain, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. E-commerce: Platforms, E-stores, and the Iraqi Economy Between Reality and Potential E-commerce in Iraq […]
From United Nations Iraq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Building Entrepreneurial Skills to Support MSMEs and Job Creation in Iraq The International Labour Organization (ILO) is strengthening the entrepreneurial ecosystem in Iraq by providing training to support micro, small, and medium-sized […]
By John Lee. Iraq's Supreme Council for Youth has approved several initiatives to promote youth development and economic participation. Key decisions included establishing "Secure Economic Zones for Youth," with four incubators in Baghdad and two in each governorate, and creating the "Iraq Young Entrepreneurs Forum" to support 500 young entrepreneurs and enhance their access to […]
From the United Nations Development Programme (UNDP): Developing Tourism Enterprises in Kurdistan Region of Iraq The United Nations Development Programme (UNDP) in Iraq, with funding from the United States Agency for International Development (USAID), in collaboration with the Ministry of Municipality and Tourism - Board of Tourism of the Kurdistan Regional Government (KRG), proudly announces […]
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 […]
By John Lee. Iraq Venture Partners (IVP) has identified four main areas as untapped investment opportunities in the Iraqi market: Fintech: Limited access to formal banking creates demand for mobile payment solutions and digital financial products. There is room for growth in areas like peer-to-peer lending, microfinance, and digital banking solutions that enhance financial inclusion, […]
By John Lee. The Netherlands and Iraq Venture Partners (IVP) have launched the second phase of the Orange Corners Innovation Fund (OCIF) at a signing ceremony held at the Embassy of the Netherlands in Baghdad. The EUR 2.6-million fund, financed by the Netherlands and implemented by IVP, aims to support young Iraqi entrepreneurs with technical […]
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 […]
From Mosul Space. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Innovative Ideas for Sustainable Housing Showcased at BEIT Green Home Hackathon The BEIT Green Home Hackathon, held on November 6th, 9th, and 10th, brought together 35 architects, engineers, students, and entrepreneurs at Mosul […]
By John Lee. Iraqi edtech startup Eduba has reportedly been acquired by a major Iraqi ISP. According to a report from Tajarib, the company was sold for "an undisclosed seven-figure amount"; details of the acquiring company were not disclosed. In 2021, the company was one of nine business start-ups chosen for the second cohort of […]
By John Lee. The International Labour Organization (ILO) and Iraq's Higher Council for Youth launched a national program to equip Iraqi youth with skills in the green economy, career guidance, and decent work practices. The program includes ILO's "Start and Improve Your Business" (SIYB) initiative to help youth start and scale sustainable businesses. Trainer performance […]
By John Lee. Iraq-focussed Finnish EdTech start-up Corrsy has announced the successful closure of its pre-seed investment round, raising $500,000. According to a press release from the company, "this significant milestone marks the beginning of an exciting journey to transform education in the MENA region through groundbreaking learning experiences." The investment round was led by […]
