Strategic Iraq–Bahrain Partnership to Advance Industrial Growth
Al-Rida Investment Group has signed a strategic partnership with Bahrain-based Neo Holding to establish an integrated industrial complex in Najaf Industrial City. The project’s first phase includes factories for pipes, gypsum board, electrical wiring, and construction chemicals to reduce Iraq’s…
Fawry Studies Expansion into the Iraqi Market
Fawry, the leading financial company in Egypt, is currently studying opportunities to expand into the Iraqi market as part of its regional expansion plan. A new management team is working on evaluating regional markets, including Iraq, Saudi Arabia, and the…
EQIQ Doubles Fund to $30 Million to Support Iraq’s Digital Economy
Abu Dhabi-based venture capital fund and venture builder EQIQ has announced doubling its fund size from $15 million to $30 million to deepen investments in Iraq’s rapidly growing digital economy. The fund targets startups in e-commerce, logistics, and fintech, aiming…
Netleez Global Expands into Iraq in Strategic Partnership with ICDS
Netleez Global, a leading international consultancy in digital strategy and market intelligence, has announced its entry into the Iraqi market through a strategic media partnership with the International Center for Development Studies (ICDS). The partnership aims to provide high-quality insights…
M4Bank Enters Iraqi Market Through Strategic Partnership with SWITCH
M4Bank, a global SoftPOS technology provider and part of EMI Global Corp, has officially entered the Iraqi market through a strategic partnership with SWITCH, a leading Iraqi electronic payments company. This collaboration introduces M4Bank’s secure SoftPOS solution—used in over 17…
Inditex to Launch First Stores in Iraq by End of 2025
Spanish fashion giant Inditex, parent company of Zara, will open its first stores in Iraq in late 2025 as part of its global expansion strategy. The launch will take place inside the massive Iraq Mall in Baghdad, which is set…
German – Iraqi Partnership Sets Stage for Regional Glass Manufacturing Hub
In a major step toward developing Iraq’s industrial capabilities, Al-Diyar Company, a subsidiary of Iraq’s Al-Rida Investment Group, has announced the signing of a new contract with HORN Glass Industries AG, the renowned German manufacturer, for the design and implementation…
Iraq on the Global Investment Map
Iraq’s market is undergoing rapid transformations that reflect the vitality of its economy and its growing ability to attract international investments across diverse sectors. In this issue of Iraq Business Update, we highlight a new wave of expansions led by…
Iraq on the Rise
Iraq is undergoing a remarkable transformation across key sectors—from real estate and hospitality to energy and education. With global hotel chains establishing a presence, international firms like Chestertons expanding into Baghdad, and strategic partnerships such as Siemens Energy’s engagement in…
Iraq’s Investment Surge
The tides of economic transformation are gaining momentum in Iraq. From billion-dollar real estate ventures to sweeping infrastructure upgrades, the country is undergoing a redefinition of its investment landscape. In this edition, we spotlight a wave of major developments that…