At a ceremony in Basrah on Thursday (21st) the Iraq Britain Business Council Executive Chairman Baroness Nicholson signed a memorandum of understanding with the Governor of Basrah Dr Khalaf A Khalaf, signalling a new era of close co-operation. Dr Khalaf said the agreement meant: "Basrah regards the IBBC as the door to the UK." Meanwhile […]
Russian President Vladimir Putin received President Barzani in Moscow for discussions on strengthening bilateral relations and to build on the historic friendship that exists between the people of Russia and the people of Kurdistan. Today’s meeting focused on economic and cultural cooperation as well as on the role of Russian companies in the reconstruction process […]
By John Lee. The Speaker of the Iraqi Parliament, Osama Al-Nujeifi [Usama al-Nujaifi] (pictured), said on Thursday that negotiations with leaders of the political blocs on the state budget for 2013 have entered a "blind alley", according to KUNA news agency. He blamed the deadlock on disputes among the parliamentary blocs on allocations for the […]
By John Lee. The Iraqi Ambassador to Canberra, Muayed Saleh [Mouayed M. Issa M. Saleh] (pictured), has urged Australian companies to investment in Iraq. At a meeting with the Australian Deputy Minister of Foreign Affairs, Peter Virgiz, the two sides discussed the economic relations between the two countries, and the Iraqi Ambassador called the on […]
By Ali Abel Sadah for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Following an attempt by Iraqi parliament speaker Osama al-Nujaifi (pictured) to restore the dismissed head of the Justice and Accountability Committee to his post, in a clear challenge to Prime Minister […]
KRG Prime Minister Nechirvan Barzani has received a delegation of European Union ambassadors and representatives who are in the Kurdistan Region to discuss ongoing political disagreements in Iraq. The joint European missions are holding consultations with various Iraqi political factions to reduce tensions and understand the role that the EU can play to build confidence. […]
By John Lee. Foreign Minister Hoshyar Zebari has held a meeting in his office with the Director-General of the Dutch Ministry of Foreign Affairs, Jones Rienh. During the meeting, the Minister stressed the importance of developing relations between the countries in all fields, and of the benefits from Dutch expertise in agriculture and technology. Regional […]
If you're a regular reader of Iraq Business News, you'll know all about the huge opportunities in sectors such as oil and gas, mining, housing, and electricity. You'll also be aware of the sorts of challenges facing the country. But if you could change just three things about Iraq, what would they be? What three […]
By John Lee. The National Investment Commission (NIC) has announced its intention to sign a contract with the local government of Karbala province to build 40,000 houses. NIC Chairman Sami al-Araji (pictured) said the housing complex (Thifaf Karbala), will be built by the UAE-based Bloom Properties, and is expected to be completed within eights years. (Source: […]
The U.S. Embassy, through the U.S. Agency for International Development (USAID) and working with the Government of Iraq (GOI) and private sector leaders, has launched the second phase of the Iraqi Solutions for Administrative and Regulatory Reform (ISRAR) project at Nahrain University. The Chairman of the Prime Minister’s Advisory Council Dr. Thamer Al Ghadhban, and […]
By Tom Walker, Director, Assaye Risk. (Please click on graphics to view.) COUNTRY OVERVIEW The reporting week ended on a somewhat wretched note with the news that Baghdad had witnessed heightened levels of violence with the reported deaths of at least 52 people and approx. 108 wounded, however it is difficult to gauge […]
By John Lee. A second bomb blast has set fire to a pipeline carrying fuel oil from Beiji [Bayji, Baiji] refinery (pictured) to Nineveh province, reports Reuters on Wednesday. A similar attack on Saturday disabled the 16-inch pipeline, which is used to transport fuel oil. "Terrorists placed bombs and landmines around the location of the […]
