Archive | Iraq Industry & Trade News

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

France is top investor in Iraq

Al-Dabbagh noted that “French companies have had a clear role in developing the economic and investment reality during the last period followed by the United States, Iran, and Britain, especially with regard to housing, construction projects and commercial goods.

Germany Opens Economic Office in Sulaymaniyah Next Month

Germany’s consul in Iraq’s Kurdistan region, Oliver Schnackenberg, announced that a German economic office will be opened in Sulaimaniya next month. The Governor of Sulaimaniya, Behrouz Mohamed Saleh, discussed the plan, and its role to support and promote business between Germany and the region, during his meeting with Schnackenberg. He also requested that the German […]

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Fee Exemption for Jordan Certificates of Origin

Iraq’s embassy in Jordan on Wednesday issued new regulations that entail exempting Jordanian made products from the fees charged for ratifying the certificate of origin, bills and related documents as of April 14, according to a statement issued by the Ministry of Industry and Trade. The regulations are in line with decisions of the Economic […]

Al Fida’ Reopens Factories

Al Fida’ Public company affiliated to the Ministry of Industry has reopened a number of its factories after they had been  destroyed and stolen in 2003. The company specialized in manufacturing hydraulic systems receiving subsidies from the ministry with a value of $6 billion. Meanwhile, the different state directorates wait to sign supply contracts. ( […]

Berham Salih Seeks Opening Free Trade Turf Between Turkey and Kurdistan

Kurdistan president, Dr. Berham Salih, discussed the double relations between his region and Turkey, and ways to develop reinforce these relations with the Turkish consul in Erbil. According to a press statement issued by the region government, the two sides discussed opening the airway between Sulaimania, Erbil and Turkey to improve travel for citizens, companies […]

Kirkuk Cotton Gin Underway

Nine stages of the reconstruction and development of a cotton gin project in Kirkuk have been finalized, according to an official source. “Nine stages of the project have been finalized at a total cost of 12 billion Iraqi dinars,” Farouq Bakr told Aswat al-Iraq news agency. “The gin’s daily capacity will reach 180 tons,” he […]

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Russian Flour Ship Reached Um Kaser Port

The Public Company for Cereals Trade said that a ship loaded with 52.5 tones of Russian flour had reached Um Kaser port. The shipment falls within the  framework of the Ministry of Trade Flour imports. The company representatives in Um Kaser will transport the load to the port silos and the flour will be distributed […]

Minister Discusses Growth with Mill Owners

Proxy trade minister, Safa’ Al-Deen Al-Safi, received a number of flour mill owners and discussed details of the new contract. He emphasised the importance of the private sector in developing production and his intention to support production of  high quality flour to standards that meet the needs of citizen and state. National media center stated […]