Iraq Business News brings you the latest news on developments and opportunities in Iraq agriculture.
By Aziz Al Nassiri. The idea of the RiTS Hexagon vision is to offer well-thought-through project concepts to deal with some of the most pressing problems Iraq faces today. The country’s leadership has been good with identifying the objectives, however not very good with specifying strategies to help achieve these objectives. Hence our projects are […]
Campaign to save Iraq's historic marshes gathers pace Iraq’s historic Southern marshes, a spectacularly beautiful haven that brimmed with wildlife, was a jewel in Iraq’s crown. Now it faces permanent extinction, the victim of a man-made campaign to destroy it and the way of life of its indigenous people. AMAR came into being at the […]
By John Lee. Kurdistan24 reports that the Kurdistan Regional Government (KRG) Ministry of Agriculture has decided to impose a tax on some products imported from other parts of Iraq. KRG Minister of Agriculture and Water Resources, Abdulstar Majid, said that the his Department is aware that imposing a tax on goods within a country is […]
The Iraq Britain Business Council (IBBC) reports that the Iraq Middle Market Development Foundation (IMMDF) recently disbursed a US$1.7-million loan to a private sector poultry company in Erbil, Kurdistan, to expand its corn-drying operations. The loan will be repaid in monthly installments by December 2019. The company will use the funds to purchase 20,000 tonnes […]
By John Lee. Iraq has reportedly overtaken the United Arab Emirates (UAE) to become the largest raw sugar importer in the Middle East. GulfNews quotes an analyst at Platts Kingsman as saying that Iraq imported 210,000 metric tons of raw sugar in the first quarter, compared with 156,600 tons imported by the UAE. Iraq’s only […]
By John Lee. Avangardco, the largest producer of shell eggs and dry egg products in Ukraine and number one producer in Europe, has blamed a sharp decrease in exports on the "unstable situation in Iraq". In its results statement for the first quarter of 2016, the company said: "... exports of shell eggs decreased by 31% […]
By John Lee. Iraq has taken over from Russia as Turkey's biggest market for citrus fruits. In 2015, Russia took $90.52 million worth of the product, while so far in 2016 Iraq has taken citrus fruit to the value of $84.54 million. (Source: Fresh Plaza) (Picture Credit: Layth Mahdi)
By Simon Kent. Apparently concerned about the lethal pathogenic H5N1 strain of the bird flu virus, which has previously been reported in Iraq, the country has extended a ban on poultry imports. Previously French poultry product imports were banned in December, but in January the ban was extended to over 20 countries. Monday's ban on […]
By John Lee. The World Organisation for Animal Health (OIE) said on Tuesday that there have been six outbreaks of the highly pathogenic H5N1 bird flu virus in Iraq between mid-December and early February, in the first occurrence of the disease in 10 years. The outbreak has killed 77,101 birds, with another 641,498 destroyed as […]
By John Lee. AccuWeather reports that a slow-moving storm system will lead to flash flooding from Iraq and western Iran into Saudi Arabia and Yemen on Wednesday and Thursday. Rainfall of 12-25 mm will be common with locally higher amounts in the strongest thunderstorms. Areas such as Baghdad and Basrah will get multiple downpours. (Source: […]
By John Lee. Research has found that the Tigris-Euphrates Basin -- comprising Turkey, Syria, Iraq and western Iran -- is losing water faster than any other place on the planet except northern India. According to the UN Development Progamme (UNDP), while scientists have been able to record falling water levels, political analysts have simultaneously observed […]
By John Lee. Iraq's Etihad Food Industries will reportedly start production at its new $100-million edible oils refinery in Babylon by the end of the year. Commercial Director Haidar Alnoumany told Reuters that the company started building the infrastructure two months ago, and when in production it will source crude (edible) oil from many origins […]
