Archive | Iraq Industry & Trade News

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

Iran Proposes Visa-Free Regime with Iraq, Trade in Own Currencies

Iran’s first vice-president put forward a proposal to lift visa requirements for the Iranian and Iraqi travelers, and also called for trade exchanges between the two countries using their own currencies, namely rial and dinar. Addressing a meeting of high-ranking delegations from Iran and Iraq, attended by the visiting Iraqi Prime Minister Haider al-Abadi and […]

Trade Increases after Automation of Border Crossings

By John Lee. Cross-border trade has increased 20 percent in the first three months of this year after authorities installed automatic electronic system in the main border stations in January. The manager of the Kurdistan Region Customs Service told Rudaw: “The automation process has had an immediate and relatively large impact on the overall revenues […]

Fallujah’s Devastated Industrial Zone to Re-Open

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Fallujah’s Devastated Industrial Zone to Re-Open – With Conditions Extremists took over Fallujah’s major industrial zone to make bombs. Now the all-important business area is to re-open – but under […]

Kurds stock up on Spirits as Ramadan kicks off

By Fazel Hawramy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Residents of Iraqi Kurdistan stock up on spirits as Ramadan kicks off While Iraqi security forces were busy clearing the last pockets of Islamic State-controlled areas in Mosul and the wider public in Iraq was […]

Iraq Britain Business Council launches Young Executives Network

At the end of May 2017, the Iraq Britain Business Council (IBBC) launched its latest initiative: the Young Executives Network. The event was held at the IBBC offices in Westminster Tower, London, where Mr Zaid Al Elyaseri, Country Manager of BP Iraq, was the first guest speaker. Around 30 young professionals, executives and entrepreneurs attended […]

Saudi Arabia, Iraq discuss Economic Cooperation

Prime Minister Haider Al-Abadi received the Saudi Arabian Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz al-Faleh, and his accompanying delegation in his office on Monday. During the meeting, they discussed boosting cooperation in the oil sector, industry, petrochemicals, electricity, minerals, trade and banks, as well as reviewed cooperation to support OPEC […]

PM receives Executive Chairman of Iraq Britain Business Council

By John Lee. Prime Minister Haider Al-Abadi received the Executive Chairman of the Iraq Britain Business Council (IBBC), Baroness Emma Nicholson, at his office on Sunday. During the meeting, they discussed strengthening relations between Iraq and Britain, and increasing cooperation in all fields, especially economic, ensuring that the doors of investment are open to international […]

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Iran bans scrap metal imports from Iraq

By John Lee. Iran has reportedly banned the import of scrap metal from Iraq and Afghanistan. According to a report from Platts, the Trade Promotion Organization of Iran (TPOI) requested the ban due to fears that consignments could be contaminated with radioactive material or chemicals, and that they may contain unexploded munitions. It adds that […]