Economy
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ILO Supports Iraq Plan for Inclusive Economic Model
Iraq has formally begun drafting its first National Social and Solidarity Economy (SSE) Policy, supported by the International Labour Organization (ILO) under the PROSPECTS Partnership. The policy is aimed at expanding employment, supporting vulnerable groups and diversifying Iraq’s economic model, prioritising social benefit alongside profit-driven market activity. The initiative follows…
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Iraq, UAE Firms Sign Vehicle Manufacturing Partnership
Iraq’s General Company for Automotive and Equipment Industry, part of the Ministry of Industry and Minerals, has signed a partnership agreement with Iraqi and Emirati companies to establish an integrated system for assembling, producing and marketing various types of vehicles. The project will include buses, small vans, saloon cars, trucks…
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EBRD Launches SME and Startup Support Programmes
The European Bank for Reconstruction and Development (EBRD) has launched a new package of finance and advisory programmes for Iraqi small and medium-sized enterprises (SMEs), opening applications for startups and prompting calls from business leaders for regulatory reforms to help firms grow. Announced at a launch event in Baghdad attended…
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Iraq, Iran Discuss Strategic Oil and Gas Cooperation
The General Manager of the Oil Pipeline Company, Mr Ali Abdul Karim Al-Musawi, received a delegation from the Isfahan Chamber of Commerce and representatives of Iranian oil companies to explore opportunities for cooperation in the oil and gas sector. The meeting focused on sharing technical expertise, building strategic partnerships, and…
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Iraq, Bulgaria Expand Land Transport Cooperation
The Chargé d’Affaires ad interim of the Embassy of the Republic of Iraq in Sofia, Dr Haidar Haqi Al-Buraihi, held talks with the Executive Director of Bulgaria’s Land Transport Authority, Mr Slav Monov, on strengthening bilateral relations, with a particular focus on facilitating the transport of goods to and from…
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COITM Survey Shows Strong Growth for Chinese Tourism
A recent COITM survey reveals strong optimism among travel professionals about China’s outbound tourism market in 2026. 93 per cent of respondents expect growth, with many forecasting 10–20 per cent increases. The survey highlights changing traveller preferences. Gen Z tourists are driving demand for personalised and immersive experiences, while silver travellers, older, affluent tourists are…
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Iraq Hosts 49th Baghdad International Fair
From 2-7 Feburary 2026, Baghdad once again takes centre stage as a hub for trade and exchange, hosting the 49th Baghdad International Fair. Held under the patronage of the Iraqi Ministry of Trade and organised by the General Company for Iraqi Exhibitions and Commercial Services, the event carries the theme…
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EU-Funded Programme Strengthens Iraq’s Agri-Food Value Chains
Partners of the Agri-food Business Development Programme (AfBDP) reviewed progress across Iraq’s agri-food value chains and discussed ways to boost private sector investment during a high-level event in Baghdad, organisers said. The event, hosted by the Food and Agriculture Organization of the United Nations (FAO), brought together representatives from the…
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Iraq Securties Comission Unveils Capital Market Strategy
The Iraqi Securities Commission (ISC) has unveiled a new three-year strategy aimed at developing the capital market, strengthening regulation and expanding investment opportunities, the authority said on Sunday. The 2026–2028 plan focuses on completing the legislative framework for securities, including progress toward a permanent Securities Law that would broaden investment…
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Iraq Investment Tops $102bn Over Three Years
Iraq’s National Investment Commission (NIC) said that investments realised over the past three years have exceeded $102 billion, reflecting rising investor confidence and supporting expectations of stronger investment inflows in 2026. NIC spokesperson Hanan Jassim said the commission closed 2025 with strategic achievements that strengthened Iraq’s investment environment and boosted…
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