Iraq Business News brings you the latest news on developments and opportunities in Iraq agriculture.
UNESCO has launched a scientific survey of Iraq’s groundwater in an effort to improve the government's ability to address water scarcity in the country. Iraq is currently facing severe water shortages across most parts of the country, with over 7.6 million Iraqis lacking access to safe drinking water, and an agriculture sector suffering from years […]
The Agricultural Initiative panel plans to spend roughly 225 billion Iraqi dinars [$190m] on agricultural irrigation in 2011, according to a statement issued by the panel on Thursday. “The Initiative’s executive director, Dr. Hussein Jabir, proposed to the water resources ministry some selected projects for the year 2011 and offered a brief study on each […]
Iraq is expected to achieve self-sufficiency in wheat production during the next two years thanks to the government’s large subsidy to farmers and encouragement to cultivate grains, a trade ministry official said on Sunday. “The targeted self-sufficiency can be achieved also due to an increase in prices of the amounts given to the trade ministry’s […]
Diyala's provincial government says that Spanish companies have submitted bids to establish the biggest olive plantation in the Middle East. According to a report from Al SumariaTV, the groves would cover an area of 50,000 donums, which equates to 12,500 hectares, or about 31,000 acres. The same source said that an Emirati company and an […]
By Ahmad Saleh, IraqiXchange. Kindi Veterinary Vaccines (ISX: IKLV) surprises investors and announces after tax net profit of 378 mil IQD for 2009, up tenfold from the previous year. On August 18th it published its annual results and returned to trading after being suspended from the Iraq Stock Exchange earlier this month for not disclosing […]
We launch our new Jobs in Iraq page today on the IBN web site in response to reader demand. This is a free reciprocal service for Recruitment Agencies and Employers with jobs on offer in Iraq. For readers it provides a welcome source of employment options in a country crying out for skilled labour and […]
The Russian drought and fires have caused the price of wheat to rocket, and this is expected to be reflected in the price of essentials such as bread and beer. Shortages are to be expected in the coming months. Iraq is one of the world's biggest importers of rice and wheat, but its Trade Ministry […]
A total of 25 billion Iraqi dinars [$21m] have been granted to farmers in Karbala in recent months to help them to increase their production, the director of the Karbala agriculture department said on Wednesday. “The Karbala agriculture department has granted 2181 farmers agricultural loans worth more than 25.229 billion dinars,” Baher Ghali told Aswat […]
An Iraqi economist blamed the high unemployment rate in the country on the government’s failure to develop the industries and reduce food imports, according to a report from AKnews. “The Iraqi government has failed significantly to rescue Iraq from being the main country in the region in terms of consumption of imported foods. There is […]
An additional 13 agricultural silos are to be build in the Kurdistan Region by the end of 2013, lifting the storage capacity up to one million tons, said an official source on Sunday, as reported by AKnews. Before Saddam Hussein’s fall in 2003, there were two silos in the region with a storage capacity of […]
Iraq issued a tender on Monday to buy 30,000 tonnes of rice from all origins with a closing date of Aug. 15, an Iraqi Grain Board source said. The offer remains valid until Aug. 22, the source said, as quoted by Kippreport. Iraq, which is trying to revive its agriculture sector after years of war, […]
"The Iraqi government will take new procedures to combat drought in Iraq. It will launch a new initiative to control the drought and support the agricultural initiative that started last year", a source in the Iraqi government said on Tuesday, as reported by AK News. "There is a fear that the water levels in Tigris […]
