Iraq Industry & Trade News Archives - Panorama Insurance Brokers

Iran to open Trade Center in Sulaymaniyah

By John Lee. Iran is reportedly planning to open a trade and exhibition centre in Sulaymaniyah (Slemani). Tehran Times quotes an official at Iran’s Trade Promotion Organization (TPO) as saying that the new centre will facilitate the entry of Iranian companies into the Iraqi market. It will be set up in collaboration with the Iran… Read More

KRG “Bans Tomato Imports from rest of Iraq”

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan’s unemployed youth blame the government The Kurdistan Regional Government (KRG) has banned imports of tomatoes from Iraq, following protest from farmers because of the low price of their fruit. Click here to read… Read More

New Study to help Strengthen Iraq’s Private Sector

The Ministry of Planning’s Central Statistical Organization (CSO) in partnership with the United Nations Development Programme (UNDP) and with funding from the United States Agency for International Development (USAID) has launched a study on Micro, Small, and Medium-Enterprises (MSMEs) in Iraq. The study provides an evidence base to inform policies and strategies aimed at creating… Read More

Iraqi PM visits Iran, Aims to Expand Trade

By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi visited Tehran on Sunday and met with Iran’s President, Ebrahim Raisi. According to media sources, Kadhimi is the first first foreign leader to meet the new Iranian leader. He also met the Speaker of the Iranian Shura Council, Muhammad Baqir Qalibaf, and the First Vice President of… Read More

Elsewedy and TTC complete Substations in Iraq

By John Lee. Elsewedy Electric and Toyota Tsusho Corporation (TTC) have reportedly announced the completion of four electrical substations in Southern Iraq. According to Zawya, the $546-million contract was signed in February 2018, with the participation of the Japan Bank for International Cooperation (JBIC), Bank of Tokyo-Mitsubishi UFJ, and Sumitomo-Mitsui Banking Corporation, under insurance cover… Read More

Updated Cooperation Framework for Sustainable Development in Iraq

UN and Government of Iraq sign the updated Cooperation Framework for Sustainable Development to support prosperity and development The Government of Iraq and the United Nations have signed the updated version of the Sustainable Development Cooperation Framework (UNSDCF) 2020-2024, which will guide the work of the UN system in Iraq. The signing ceremony for the… Read More

Sandoog to offer Order Fulfillment Service

By John Lee. Iraqi last-mile delivery service Sandoog has announced that it is releasing an upgraded platform to serve local and international e-commerce enterprises looking to reach customers in Iraq at scale. The new service now offers order-fulfillment capabilities, which means stock can be stored at its facilities and delivered to customers nationwide. And with… Read More

TotalEnergies signs $10bn New Deals in Iraq

TotalEnergies, the Iraqi Ministries for oil and electricity, and the country’s National Investment Commission (NIC) have signed, in the presence of the Prime Minister of Iraq, major agreements covering several projects in the Basra region, designed to enhance the development of Iraq’s natural resources to improve the country’s electricity supply. Iraq, a country rich in… Read More

Iran Slashes Natural Gas Exports to Iraq

By John Lee. An Iranian official has said that Iran’s natural gas (methane) exports to Iraq have been reduced, but not because of arrears owed by Iraq. Mohammad Reza Julaei , the Dispatching Director of the National Iranian Gas Company (NIGC), told Shana that exports have been reduced by 38 million cubic meters per day;… Read More