Archive | Iraq Industry & Trade News

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

ISX Higher at 96.7

The Iraqi Stock Exchange (ISX) index went up on Wednesday by 0.2% to close at 96.7 points. Thesession saw shares of 36 out of a total 82 electronically-registered firms exchanging hands. Shares of 13 companies went up, 15 down and eight retaining their previous rates as more than 4.824 billion shares were traded at 12.202 […]

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11,000 Tons of Wheat Arrives in Karbala

Around 11 thousand tons of wheat arrived in Karbala province on Tuesday, said a member of the Karbala Provincial Council. “The wheat is imported from Australia,” Tareq al-Kheqani told Aswat al-Iraq news agency. He said that flour will be distributed to people in Karbala within one week to push down an increase in flour prices […]

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ArcelorMittal Plans Steel Plant in Kurish Iraq

The world’s biggest steel maker ArcelorMittal said Tuesday it plans to build a 130-million-dollar steel plant in Kurdish northern Iraq in partnership with the Turkish company Dayen. ArcelorMittal “signed a memorandum of understanding to establish a joint venture with Turkish partner Dayen to build a steel mini-mill with electric furnace in Sulaimaniyah,” a city in […]

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German Envoy Meets Businessmen in Basra

The German ambassador in Iraq has arrived in Basra province and met with a number of local businessmen, the head of the Businessmen Union in the province said on Saturday. “Accompanied by some of his advisors, the German ambassador, Paul von Maltzahn, arrived on Saturday in Basra and met with a number of businessmen and […]

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Najaf Book Fair Opens

Najaf’s third book fair opened on Friday (March 12) with the participation of Arab and foreign publishing houses, a local official said. “Tomorrow, the Cultural Affairs Department in Najaf will open the largest book fair in the province…,” the head of the intellectual and cultural affairs department in the province, Jihad al-Hassani, told Aswat al-Iraq […]

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Cement Public Company Signs Rehabilitation Contracts

Cement Public Company affiliated to Iraq Ministry of Industry and Minerals said that the ministry signed many contracts with Iraqi and international companies in order to renew cement facilities in Iraq and to increase their productivity. A source in the company said that the ministry signed a contract with Al Massira Iraqi Company to rehabilitate […]

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Academic Warns of Hammour Extinction

An Academic warned on Wednesday of the extinction of Hammour fish in  Iraqi territorial waters and in the Gulf. “The sea sciences center of the Basra University has adopted several precautionary measures to increase the number of Hammour,” the center’s media official, Hashem Zaki, told Aswat al-Iraq news agency. “The center will work on increasing […]

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Symposium to Discuss Trade, Investment in Karbala

The Chamber of Commerce in Karbala has held a symposium to discuss trade and investment in the province, the chamber’s head said on Wednesday. “The symposium included a number of officials and traders, as well as parliamentarians, local government members and more than 60 Iraqi traders,” Nabeel al-Anbari told Aswat al-Iraq news agency. The symposium […]

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ISX Up 1.2%

The Iraqi Stock Exchange (ISX) index went up on Tuesday by 1.2% to close at 99 points as 13 out of a total of 37 quoted shares traded during today’s session went up. 10 companies’ shares went down, while 14 retained their previous prices. The number of traded shares hit 7.285 billion worth over 8.597 […]

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