Archive | Iraq Industry & Trade News

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

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Cabinet to Improve Services in Basra; Approves Kirkuk Refinery License

The Cabinet held its weekly regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Haider Al-Abadi. At the meeting, it was decided to: direct the Ministry of Water Resources to deliver water for Basra province to a rate of 75 m3 / s and remove unauthorised structures on the rivers; direct the […]

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New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced new investment opportunities in Iraq: Textile and leather plants, State Company for Textile and Leather Industries Sulfur production, Mishraq Sulfur State Company Production of ethylene and high-densite polyethylene (HDPE), State Company for Petrochemical Industries Dextrin and starch production, State Company for Food Products Al-Qadisiya Brick […]

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Caparol Paints signs Strategic Agreements in Iraq

By John Lee. German-based Caparol Paints has reportedly signed strategic partnership agreements with a number of contractors from Iraq to increase its market reach in the country. According to a press release, the company hosted contractors from various parts of Iraq to provide them with firsthand experience of Caparol’s paints and techniques. This is part […]

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Private Sector Development Strategy in Karbala

UNDP is helping to launch the Private Sector Development Strategy in Karbala The Governorate of Karbala in cooperation with the United Nations Development Programme (UNDP) and support of the Food and Agriculture Organization (FAO) organized a conference to roll out the Holly Karbala Private Sector Development Strategy (2018-2030) in Karbala province. The Holly Karbala Private […]

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As Iraq Sanctions Iran Trade, Saudi Arabia Boosts Border Crossing

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. By Kamal al-Ayash. As Iraq Sanctions Iran Trade, Saudi Arabia Boosts Border Crossing Opening the Arar border crossing on Iraq’s border with Saudi Arabia could help locals economically. But analysts […]

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Iraqi Compliance with Iran Sanctions will “Damage Iraq’s Economy”

By John Lee. A former under-secretary at Iraq’s Ministry of Finance has said that  ministry has said that US sanctions on Iran will impact trade activity between Iraq and Iran and, should they persist, they will damage Iraq’s economy. Fadhil Nabi told Rudaw: “America’s sanctions on Iran will have impact on trade exchange and activity […]

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Video: PM Abadi Visits Turkey

By John Lee. During his official visit to Turkey, Prime Minister Haider Al Abadi has underscored the importance of cooperation between Iraq and all neighbouring countries for the peace and security of the people of the region. His statement can be viewed here: (Source: Govt of Iraq)

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Iraq, Jordan consider Joint Industrial Zone

Jordanian Prime Minister, Omar Razzaz, on Monday met with Iraqi Defence Minister, Irfan Hayali, to discuss the Jordanian-Iraqi relations. Razzaz underlined the depth of the historic Jordanian-Iraqi relations and the keenness to enhance joint cooperation to serve the interests of both countries and their peoples. The premier also pointed to the directives of His Majesty […]

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New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced new investment opportunities in Iraq: Glass production, State Company for Glass and Refractories Industry (SCGR) Drugs and Medical Appliances (Samarra), State Company for Drugs and Medical Appliances (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

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KRG PM receives new Consul General of the Netherlands

The Prime Minister of Iraqi Kurdistan, Nechirvan Barzani, received the Netherlands new Consul General to the Kurdistan Region, Mr. Willem Consijn and his accompanying delegation. Consul General Consijn stressed his country’s willingness to strengthen the relations with the Kurdistan Region. Prime Minister Barzani congratulated Consul General Consijn on his new position and wished him success […]

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