Trade between Turkey and Iraq increased by 50 percent to $9 billion in 2009, an Ankara official told reporters on Saturday in Erbil, capital of Iraq’s autonomous northern region. “The volume of commercial exchange between Iraq and Turkey in 2009 was $9 billion, and in the same year Turkish companies signed investment deals worth a […]
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Progress in trading of used cars in Iraq, particularly those imported from USA , is booming because of reasonable prices and easy to repair damage according to a number of local merchants. Salam Mohammed, an importer of these cars declared the market for used cars is growing, pointing out that the repairing of vehicles before […]
Preparations have been made for an international exhibition for Turkish industries at Basra International Airport, a local source said on Thursday.
Sheikh Ahmed al-Seleity received a trade delegation from Bulgaria and the trade attaché in the Bulgarian embassy in Baghdad to facilitate investment in Basra
The Iraqi Industry Ministry will invest in the state-run Nassir Company over the coming five years. “The necessary funds for this purpose have been allocated,” the Ministry said in a release on Wednesday received by Aswat al-Iraq news agency. It noted that the funds will be used to rehabilitate the company’s water treatment units and […]
Iraqi Industry Ministry discussed investment opportunities with a delegation from the Russian firm Wontert Capital AG.
A Chinese company delegation has signed a memorandum of understanding (MoU) to carry out three housing and commercial projects in Karbala.
The local authorities in Missan have zoned seven locations for the establishment of investment projects in the province.
A French delegation has discussed investment opportunities during a meeting with the governor of Basra.
The Iraqi Stock Exchange (ISX) index went up by 2.3% to close at 93.3 points on Tuesday . Shares of 10 companies went up, 14 down while 9 others retained their previous rates. The number of shares traded hit 1.3 billion worth 2 billion Iraqi dinars (roughly 1.7 million U.S. dollars) through 227 deals. The […]
A new factory for producing medical cotton and gauze has opened in Mosul city. “The total cost of the project is around $2.5 million,” a source from the factory told Aswat al-Iraq news agency. He said that the factory’s capacity is 0.5 tons per day. The source noted that the Iraqi Ministry of Industry funded […]
More than 48 exhibitions will be held in Iraq, including 25 exhibitions in Baghdad of various industrial and commercial sectors, this year.