Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Baghdad Entrepreneurs get Communal Space and Resources

By Alexander Southworth, Iraq Britain Business Council (IBBC). IBBC Long Read: The Station – Iraq’s the first combined workspace in Iraq, providing tech and artistic entrepreneurs with a communal space and resources to develop and expand business projects. The Iraq Britain Business Council (IBBC) recently completed a mission to Baghdad, where Christophe Michels, Managing Director and […]

National Bank of Iraq joins IBBC

The National Bank of Iraq (NBI) has become the latest member of the Iraq Britain Business Council (IBBC). In a statement, the IBBC said it is delighted to welcome one of Iraq’s preeminent private sector banking organisations to join its growing financial and professional services sector table. NBI was founded in 1995 as a publicly […]

Aqaba offers “New Gateway” to Iraq

New pre-arrival clearance protocols and reduced terminal handling charges for containers in transit, mean that Jordan’s deep-water Aqaba Container Terminal (ACT), located on the Red Sea, is now a realistic alternative maritime gateway for Iraq-bound cargo, APM Terminals said in its press release. Containers imported into Iraq will no longer have to be trans-loaded onto […]

UK appoints New Trade Commissioner for Middle East

UK International Trade Secretary Dr Liam Fox MP has appointed Simon Penney (pictured on right) as Her Majesty’s Trade Commissioner (HMTC) for the Middle East. The announcement was confirmed by Dr Fox on a visit to Bahrain and the United Arab Emirates (UAE), where he met government and industry representatives to boost trade and promote […]

IBBC completes Productive Mission to Baghdad

Baroness Nicholson of Winterbourne, President of the Iraq Britain Business Council (IBBC), visited Baghdad on 2-3 June, accompanied by Managing Director Christophe Michels, as well as Rasmi Al Jabri, Deputy Chairman and Iraq Representative to meet with numerous politicians and IBBC member representatives. Jonathan Wilks CMG, Her Majesty’s Ambassador to Iraq joined the IBBC team […]

Iraq’s Pro-Iran Factions shrug off US Sanctions Push

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Two pro-Iranian militias active in Iraq and Syria declared that possible US sanctions targeting them would be ineffective and claimed that such sanctions would actually strengthen their presence and expansion in the Middle East. The US […]

6 New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced six new investment opportunities in Iraq: New Housing Compounds, Ministry of Water Resources Lime plant in Karbala, Iraqi Cement State Company Caustic/chlorine plant in Khor al-Zubair, State Company for Petrochemical Industries Industrial and medical gases, Al-Zawraa State Company Chlorine plant in Muthanna, General Company for […]

US in ‘Wait and See’ Position After Iraq Election

The victory of Shiite cleric Moqtada al-Sadr’s party in Iraq’s recent election has put the United States in a wait-and-see position, Defense Secretary James N. Mattis told reporters yesterday in Colorado Springs, Colorado. The secretary was in Colorado to preside at the change-of-command ceremony for North American Aerospace Defense Command and U.S. Northern Command. “History […]