Iraq is actively working to diversify its economy beyond its traditionally dominant oil sector. Key non-oil industries like agriculture, manufacturing, and construction are showing notable growth.
- Agriculture & Food
- Automotive industry
- Banking
- Trade & Commercial Agencies
- Energy
- Tourism
- Health
- Law Firms & Arbitration
- Insurance
- Information Technology
- Investment
- Transportation
- Engineering and Architectural
Agriculture & Food
The agricultural and food sector in Iraq is one of the country’s most vital industries, supporting livelihoods and food security. Rich in fertile lands and water resources, Iraq produces grains, fruits, vegetables, and dates renowned worldwide. The sector is steadily modernizing with new technologies and agribusiness investments. It plays a key role in economic diversification and reducing reliance on imports. With strong potential for growth, it remains a cornerstone of Iraq’s sustainable development.
Zina Yaqoob Yousif
IFBC Board Member Agricultural Engineer CEO – ( ATA YATIRIM ) Co. Agriculture, Food , leafstalk labs and vaccines . Email: zinetatar.ata@gmail.com Website: ATA Agricultural Investments
Mr. Suhaib Al Hakak
Foodstuff Trade sector - Gulf Key General Trading L.L.C.
Mr. Khalil Al Bunnia
Food Industries sector - Chairman of Al Bunnia Group
Industry
Iraq’s automotive industry is experiencing growth, driven by a demand for modern vehicles, a growing middle class, and expanding urban infrastructure. Paired with increasing interest in vehicle maintenance services and fuel-efficient or electric models, the market is gradually opening to new technologies and business models. As the country rebuilds and modernizes, the need for reliable transportation solutions continues to grow, creating space for dynamic development within the sector.
Abdul Hussein Mohammed Abbas
Enjaz group iraq Website
Ghadeer Al-Attar
Al-Attar Group for Investments & Mashreq Bank
Mr. Saad Al Shattawi
Automotive Industry sector - Ababeel Al Saad For trade
Ruaa Al Hasany
Automotive Industry sector.
Ghadeer M. Al Attar
Trade and Commercial agencies.
Banking
Iraq’s banking sector is undergoing a phase of modernization and expansion, supported by regulatory reforms and increasing digital adoption. The sector is evolving quickly, with growing demand for mobile banking, financial inclusion, and business financing solutions. Public and private banks alike are investing in infrastructure upgrades, digital platforms, and customer-centric services.
Ayman Abu Duheim
Iraqi National Bank
Mohammed Muftin
Al-Muftin Holding Group & Union Bank
Ghadeer Al-Attar
Al-Attar Group for Investments & Mashreq Bank
Ali Tariq
Banking Sector.
Ghadeer M. Al Attar
Trade and Commercial agencies.
Trade & Commercial Agencies
Iraq’s trade and commercial agencies sector plays a crucial role in connecting local markets with international goods and services. There is increasing demand for established global brands across industries—from electronics and food to construction and automotive. Regulatory updates and improving logistics are creating a more structured environment for agency partnerships and distributorships.
Abdul Hussein Mohammed Abbas
Enjaz group iraq Website
Mohammed Salem Al-Karawi
Al-Jadeed General Contracting and Trading Limited Company
Fawzi Al-Hassani
Al-Hassani Group for General Trade and Commercial Agencies Limited
Abdullah Al-Jubouri
Qalb Al-Alam Hotel
Ghadeer Al-Attar
Al-Attar Group for Investments & Mashreq Bank
Ghadeer M. Al Attar
Trade and Commercial agencies.
Energy Sector
Iraq’s energy sector is undergoing significant transformation, focusing on enhancing domestic electricity generation and reducing reliance on imports. Recent initiatives include the development of gas processing facilities and renewable energy projects aimed at meeting the country’s growing energy demands. Collaborations with international partners are facilitating the modernization of infrastructure and the adoption of cleaner energy sources, positioning Iraq towards greater energy self-sufficiency and sustainability.
Abdul Hussein Mohammed Abbas
Enjaz group iraq Website
Younis Al-Rubaie
Younis Al-RubaieAl-Amal Contracting and Investment Group Al-Amal Group, the oil and gas industry are not just a business — it’s a national commitment. Through their flagship subsidiaries, Sohol Al Salam…
Wameedh Karim Elyasri
Al-Muftin holding Group
Mr. Wamidh Al Yasiri
Tourism sector - CEO of Muften Holding
Mr. Ali Ghalib
Oil and Gas sector - Owner of Al Ghalib Co. LTD.
Saad Tayeb Hassan ( Sheikh )
Energy sector - Power generation
Mr. Ali Shmara
Electricity Energy - CEO of IVI Co. and IFC Co.
Tourism Sector
Iraq’s tourism sector is experiencing a revival, driven by its rich cultural heritage, religious significance, and diverse landscapes. The designation of Baghdad as the Arab Tourism Capital for 2025 has spotlighted the nation’s efforts to enhance its tourism infrastructure. Initiatives aim to develop archaeological sites into tourist destinations, reflecting Iraq’s commitment to leveraging its historical assets. With increasing international interest and ongoing investments, the sector is poised for sustainable growth, contributing to economic diversification and cultural exchange.
Salih Al Barazanchi
London Sky For Travel & Tourism Website Linkedin
Abdullah Al-Jubouri
Qalb Al-Alam Hotel
Ali Shammara
Shammara Group Mövenpick Hotel Al Zaytoon – Baghdad
Mr. Kareem Al Yasiri
Chief of Tourism sector - Babylon Hotel
Health Sector
Iraq’s medical business sector presents a complex yet promising landscape, marked by significant challenges alongside compelling opportunities for growth and investment. Decades of conflict, international sanctions, and political instability have severely impacted the nation’s healthcare infrastructure, leading to a system in dire need of modernization and expansion.
Hanan Shubber
Hanan ShubberShubber Pharmaceutical Industries Group
Munaf Saeed Kaskoos
Saeed Kaskoos Scientific Office
Bashar Neama
Sawa group
Dr. Rafea Al Rawi
Medical Trade Medical manufacturing Al-Andalus Hospital Email: info@aoc-iq.com …
Law Firms & Arbitration Sector
Iraq’s legal and arbitration sector is gaining strength as economic activity expands and the demand for structured dispute resolution grows. Law firms are increasingly offering specialized services in corporate law, commercial contracts, and international arbitration, especially to support foreign investment and infrastructure projects. Recent legal reforms and Iraq’s commitment to aligning with international arbitration standards are enhancing confidence in its legal environment. This sector plays a vital role in ensuring legal clarity, protecting investments, and facilitating smoother business operations across industries.
Ahmed Mohammed Salman
IFBC Legal Advisor
Mr. Muqdad Al Jubori
Law firms and Arbitration sector - Partner of Al Mutahidoon Law Firm.
Insurance Sector
Iraq’s insurance sector is expanding as economic activity increases and awareness of risk management grows. Recent regulatory reforms and the introduction of digital insurance platforms are improving access and transparency. Both public and private insurers are offering a wider range of services, including health, auto, property, and business coverage. With rising demand from sectors like construction, oil, and banking, insurance is becoming a more integral part of Iraq’s financial landscape.
Dr. Yasir Sabri
Insurance sector - Founder Al Hamraa insurance company
Information Technology Sector
Iraq’s communications sector has seen notable progress in recent years, driven by widespread mobile phone adoption, internet expansion, and the rollout of 4G services. Major telecom providers are investing in network upgrades and digital infrastructure to meet rising demand for connectivity and data services. The sector is increasingly integrated into daily life and business operations, supporting everything from e-commerce to education. Continued efforts toward digital transformation are positioning communications as a cornerstone of Iraq’s modern economy.
Mr. Alaa Jasim Mousa
Communication sector - CEO of EarthLink
Investment Sector
Iraq’s investment sector is evolving as the government pushes for economic diversification and improved business conditions. Strategic reforms, streamlined licensing processes, and new public-private partnerships are creating a more favorable environment for both domestic and foreign investors. Priority sectors include energy, construction, agriculture, telecommunications, and tourism, with special economic zones and large-scale infrastructure projects drawing increased interest.
Mahdi Abd Al Kareem Al Yaseen
Al-Diyar Investments Company Website Linkedin
Ali Mahdi Al Aswad
Al-Ridha Investments Company Website Linkedin
Younis Al-Rubaie
Younis Al-RubaieAl-Amal Contracting and Investment Group Al-Amal Group, the oil and gas industry are not just a business — it’s a national commitment. Through their flagship subsidiaries, Sohol Al Salam…
Turki Al-Qaisi
Al-Qabas Economic Group
Thamir Abdulhalim Al-Amiri
Al-Mudun Engineering Contracting and Real Estate Investment Company
Thakwan Zuhair Al-Saffar
Diwan General Trading and Contracting Limited Company
Mr. Salam Zaer
Investment sector - ALWatania Holding Company
Transportation Sector
Iraq’s transportation sector is undergoing significant transformation, driven by strategic infrastructure projects aimed at enhancing connectivity and economic integration. The Dry Canal, is a flagship initiative connecting the Grand Faw Port in southern Iraq to the Turkish border through a 1,200-kilometer network of railways and highways, positioning Iraq as a vital transit hub between Asia and Europe. Urban transportation is also being addressed through projects like the Baghdad Metro, a 148-kilometer overground system with seven lines and 64 stations, developed in collaboration with international firms. These developments are poised to significantly boost Iraq’s logistics capabilities and regional trade competitiveness
Engineering and Architectural Sector in Iraq
Iraq’s engineering and architectural sector is central to the country’s rebuilding and modernization efforts. There is strong demand for housing, infrastructure, and urban development, driven by population growth and post-conflict reconstruction. The sector blends traditional Iraqi design with modern techniques and is supported by both local and international firms, in addition to new government initiatives and foreign investment are helping drive progress.
Ms. Kanar Kawa
Engineering & Architectural sector - House Engineering Services
Adham Al Fakhar
Co–Chairman - Chief of Integrated Solutions and Monitoring Systems.