Officials from the Dutch Ministry of Foreign Affairs and their mission in Baghdad came together in Erbil yesterday to officially open their embassy liaison office. The Secretary-General of the Dutch Ministry of Foreign Affairs, Mrs Renée Jones-Bos, was in the Kurdistan Region during the opening of the Erbil Embassy Liaison Office, which will be headed […]
By Bushra Al Mudhafar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It seems that a prospective national meeting of political parties in Erbil, the capital of the Iraqi Kurdistan Region, is imminent. But questions remain as to whether such a meeting can […]
SRSG Martin Kobler delivered the following addresss to the Twenty-seventh session of the Governing Council/Global Ministerial Environment Forum, in Nairobi, Kenya: I feel honoured to be here with you today at this important event. We came here to Nairobi from many different countries to discuss how we can make a difference. We care about the […]
Russian Foreign Minister Sergey Lavrov hosted President Masoud Barzani in the Russian Foreign Ministry on Thursday for discussions on "bilateral relations" and the situation in Iraq and Syria. In today’s meeting, both sides emphasized the need to strengthen relations between Russia on the one hand and Iraq and the Kurdistan Region on the other. Foreign […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st February 2013). Please click here to download a table of listed companies and their associated ticker codes. ID1,639 / $1,773 (+0.3%) (weekly change). The number of week traded shares was 7.6bn and the weekly trading volume was ID17.6bn ($14.7mn). ISX Company […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. There is no secret behind the success of the Iraqi Kurdistan Region on the economic and service levels. The region endured, until 2003, extremely tough security and political circumstances that affected […]
By John Lee. The State Company for Cement Industries says cheap, low-quality imports of cement are making it hard for it to sell its products, reports Azzaman. The company’s director-general, Nasser Idris, warned that the industry might collapse without immediate state support. Idris did not say where the cement was imported from, but added that […]
By Bassem Francis, translated from Al-Hayat (Pan Arab) for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Justice and Reform Movement in Nineveh has refused to build an oil refinery in a region they see as being “occupied by Kurdistan and monopolized by […]
By John Lee. The Iraqi outdoor billboard company Diyar Outdoor is expanding its services to neighboring Jordan through a strategic partnership with Rafed Billboards. Diyar Outdoor will start offering clients the choice of Outdoor billboards networks in Iraq and Jordan. According to the company's press release, Diyar Outdoor is the leading outdoor poster/billboard advertising company in […]
Foreign Minister Hoshyar Zebari has participated in the first session meeting of the Arab - Russian Cooperation Forum in Moscow. The session was chaired by the Russian Federation Minister of Foreign Affairs, Sergey Lavrov. Present at the meeting were Hoshyar Zebari, Iraqi Minister of Foreign Affairs as Iraq is current President of the Arab Summit, […]
By John Lee. Iraq exports 73.1 million barrels of crude oil in January, bringing in revenue of $7.672 billion. This corresponds to a daily rate of 2.36 million bpd, very slightly up on the December rate of 2.348 million bpd. A spokesman for the Oil Ministry, Asim Jihad said that export rates and revenues had […]
By John Lee. Iraq's deputy prime minister for energy affairs, Hussein al-Shahristani, has opened a new gas-powered electricity plant in southern Baghdad. The plant has four 125-megawatt generators and cost $219 million to build, he said. Iraq Business News understands that the plant was constructed by the Korean company Hyundai. (Source: Al-Shorfa)
