Iraq Business News brings you the latest news on developments and opportunities in Iraq agriculture.
By Walaa Hussein for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Middle East is facing a water crisis. As the region experiences conflicts over water and faces the continuous risk of war breaking out, experts on water predict that the Islamic State […]
By John Lee. At a meeting of the Kurdistan Regional Government's Council of Ministers (pictured), the Minister of Agriculture and Water Resources, Abdul-Sattar Majid, presented the plans of his ministry to improve the agriculture sector, and outlined the challenges that face the agriculture sector in the Kurdistan Region. The ministry’s ultimate goal, which is guaranteeing […]
The International Finance Corporation (IFC), a member of the World Bank Group, is investing up to $18 million in Saudi dairy company Al Safi Danone’s Iraq-based subsidiary, to expand its operations in order to improve domestic food security, boost Iraq’s non-oil sector, and reduce its reliance on imported dairy products. IFC’s long-term investment, which is […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq's Canning Can't: Too Much Competition For What Was Once Karbala's Biggest Business Once canning foods and juices was one of the biggest businesses in Karbala. Today, under pressure from […]
By John Lee. The Iraqi government has been undertaking "a series of policy twists to restrict the exports of poultry products from Turkey." The chairman of the Turkish Poultry Promotion Group, Müjdat Sezer, part of the country’s Ministry of Economy, told GlobalMeatNews: "Iraq decided to stop all imports of full chickens from Turkey. We don’t know […]
Foreign Minister Ibrahim Al Jaafari arrived in the Belarusian Capital, Minsk, on Wednesday on an official visit upon an invitation from his Belarusian Counterpart, Vladimir Makei. Minister Jaafari stressed that the aim of the visit is to bolster Iraqi-Belarusian relations as part of the Iraqi foreign policy due to the joint interests in addition to […]
Iraqi border authorities have blocked the entry of 75 Jordanian trucks, loaded with vegetables and fruit, citing the start of the harvest season in Iraq, Saadi Abu Hammad, president of Jordan Exporters and Producers Association for Fruits and Vegetables, said on Saturday. Hammad told Petra that all the produce was damaged since the trucks had […]
By John Lee. New taxes in force since the beginning of last week mean that Turkish producers exporting into Iraq now need to pay US$290 per ton of exported chicken meat, rather than $35 previously. As a result, the Turkish poultry sector, which has the fourth largest share in the world’s poultry market, risks losing […]
By John Lee. The Iraqi Grain Board (IGB) has delayed until Sunday a decision on whether to buy at least 50,000 tonnes of hard wheat in an international tender. Reuters quotes traders as saying that no purchase had yet been made, with Australian wheat offered at the lowest price of $279.70 a tonne c&f free […]
By John Lee. Iraq has bought about 80,000 tonnes of rice from Thailand. Reuters reports that the deal was agreed at a price of of $443.90 per tonne, including cost, insurance and freight free out (CIFFO). (Source: Reuters) (Rice image via Shutterstock)
By John Lee. Dubai's Al Khaleej Sugar Refinery has resumed exports to Iraq after disruption last summer due to the conflict with Islamic State (IS, ISIS, ISIL). The company is exporting about 600,000 to 800,000 tonnes a year to Iraq, making the country its biggest customer. “We have four vessels queuing in Umm Qasr. It […]
By John Lee. The Belarusian company Minsk Tractor Works (MTZ) has said it is ready to supply both assembled tractors and assembly kits to Iraq, and it is now looking for partners in the country. A spokesperson for the company told the BelTA news agency that an Iraqi delegation led by President of the Federation […]
