Archive | Iraq Industry & Trade News

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

New Stock Market for Diwaniya

The U.S. reconstruction team in Diwaniya has held a conference to establish a stock exchange in the province, in cooperation with the local government. “The conference was held at the headquarters of the Diwaniya Chamber of Commerce”, a media adviser in the team, Ahmed al-Quseer, told Aswat al-Iraq news agency. The U.S. team has helped […]

School Desks for Diwaniya

In cooperation with the local government in Diwaniya, the U.S. reconstruction team has opened a factory to manufacture school desks at a total cost of $25,000 U.S. dollars. “The Multi-National Force’s (MNF) U.S. reconstruction team has opened the factory, located at the storehouse of the Diwaniya Education Department in al-Jazaer neighborhood, downtown Diwaniya,” a media […]

Central Markets Activated in Karbala

Central markets have resumed trading in the holy province of Karbala for the first time since the 2003 U.S.-led invasion of the country, a local official said on Thursday. “We have started to activate central markets, which have been idle for the past years due to the absence of subsidy and a lack of cheap […]

100,000 Visitors Per Day at Najaf Book Fair

The Najaf 3rd International Book Fair, that ended on Sunday (March 21) evening, witnessed 100,000 visitors per day. “The fair was open for 10 days,” Ali Jihad Hassani, a source from the fair, told Aswat al-Iraq news agency on Monday. He said that all books that were exhibited in the fair had been sold. ( […]

Kuwaiti Company Seeks to Invest in Karbala

Aswat Al Iraq quotes a senior local official as saying that a Kuwaiti company is keen to invest in Karbala province. “A delegation from Kuwaiti Bukhamseen Holding paid a visit on Monday to the Karbala council, where it expressed desire to implement projects in the province,” Engineer Zuhair al-Karieti told Aswat al-Iraq news agency. “The […]

Butcher’s Shop in Karbala for ID1bn

The Karbala governor has opened a modern butcher’s shop in the city, which was constructed by a local company at a total cost of 1 billion Iraqi dinars, a media spokesperson said on Saturday. “The shop is located on the main road between Karbala and Najaf,” Zaheer Majli told Aswat al-Iraq news agency. “The butcher’s […]

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 […]

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 […]

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 […]