Location of Iraq

Iraq is a country in Western Asia, bordered by Turkey to the north, Iran to the east, Kuwait to the southeast, Saudi Arabia to the south, Jordan to the southwest, and Syria to the west. Iraq's economy is dominated by the oil sector, which as 2021, provides about 92% of foreign exchange earnings.[1] The lack of development in other sectors has resulted in 13%[2] unemployed as of 2017 per capita GDP of $7,000.[3] Public sector employment accounted for nearly 60% of full-time employment in 2011.[4] The oil export industry, which dominates the Iraqi economy, generates very little employment.[4] Currently only a modest percentage of women (the highest estimate for 2011 was 22%) participate in the labour force.[4]

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active      State-owned      Defunct
Name Industry Sector Headquarters Founded Notes
Ability with Innovation Oil & gas Oil equipment & services Baghdad 1970 Oil and gas contracting
Agricultural Cooperative Bank of Iraq Financial services Banks Baghdad 1935 Bank
Al-Naser Airlines Consumer services Airlines Karrada 2005 Defunct 2019
Asiacell Telecommunications Mobile telecommunications Sulaymaniyah 1999 Mobile telecommunications
Azmar Airlines Consumer services Airlines Sulaymaniyah 2005 Defunct 2015
Babylon Bank Financial services Banks Baghdad 1998 Bank
Baghdad Soft Drinks Co (BSDC) Consumer goods Soft drinks Baghdad 1989[5] Soft drinks
Bank of Baghdad Financial services Banks Baghdad 1992 Commercial bank
Basrah International Bank for Investment Financial services Banks Baghdad 1993 Commercial bank
Central Bank of Iraq Financial services Banks Baghdad 1947 Central bank
Dar Es Salaam Investment Bank Financial services Banks Baghdad 1998 Commercial bank
Fly Baghdad Consumer services Airlines Baghdad 2014 Private airline
Gulf Commercial Bank Financial services Banks Baghdad 2000 Commercial bank
Industrial Bank of Iraq Financial services Banks Baghdad 1941 Commercial bank
Iraq National Oil Company Oil & gas Exploration & production Baghdad 1966 Oil industry
Iraq Stock Exchange Financial services Investment services Baghdad 2004 Exchange
Iraqi Airways Consumer services Airlines Baghdad 1946 Airline
Iraqi International Law Group Industrials Business support services Baghdad 2003 Law firm, defunct 2008
Iraqi Islamic Bank Financial services Banks Baghdad 1993 Commercial bank
Iraqi Oil Tankers Company Industrials Marine transportation Basra 1972 Marine transport
Iraqi Republic Railways Industrials Railroads Baghdad 1905 National railways
Iraqi Telecommunications and Post Company Telecommunications Fixed line telecommunications Baghdad  ? Telecom and post
Korek Telecom Telecommunications Mobile telecommunications Erbil 2000 Mobile network
Midland Oil Company Oil & gas Exploration & production Baghdad 2010 State oil
Missan Oil Company Oil & gas Exploration & production Amarah 2008 State oil and gas
Mobitel (Iraq-Kurdistan) Telecommunications Mobile telecommunications Erbil 2007 Mobile network
North Oil Company Oil & gas Exploration & production Kirkuk 1928 State oil
Qi Card Financial services Credit cards & payment systems Baghdad 2007 Credit card
Rafidain Bank Financial services Banks Baghdad 1941 Bank
Rasheed Bank Financial services Banks Baghdad 1988 Bank
Real Estate Bank of Iraq Financial services Banks Baghdad 1948 State bank
Rumaila Operating Organization Oil & gas Exploration & production Basra 2010 Rumaila oil field
Shield Group Security Industrials Business support services Baghdad 2003 Private security, defunct
State Organization for Marketing of Oil Industrials Business support services Baghdad 1972 Oil marketing
South Oil Company Oil & gas Exploration & production Basra 1970 State oil and gas
Trade Bank of Iraq Financial services Banks Baghdad 2003 State bank
Warka Bank Financial services Banks Baghdad 1999 Commercial bank
Zagrosjet Consumer services Airlines Erbil 2005 Defunct 2018

See also

References

  1. ↑ "مستشار الكاظمي يؤكد تراجع دين العراق إلى 20 مليار دولار بفضل انتعاش أسعار النفط". www.aljazeera.net (in Arabic). Retrieved 2021-12-26.
  2. ↑ "Unemployment, total (% of total labor force) (national estimate) - Iraq | Data". data.worldbank.org. Retrieved 2023-01-27.
  3. ↑ "Report for Selected Countries and Subjects". IMF. Retrieved 2023-01-27.
  4. 1 2 3 "Unemployment Threatens Democracy in Iraq" (PDF). USAID Iraq. January 2011. Archived from the original (PDF) on 2013-05-11.
  5. ↑ "Stocks - Bloomberg". Bloomberg News.
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