Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq has appointed a new Ambassador to Russia. Mr Haider Mansour Al Athari (pictured), assumed his duties on Monday, 3rd June. Iraq Business News understands that Mr Athari has previously served as Ambassador to Jordan, and more recently as Head of the Europe Department at the Ministry of Foreign Affairs. (Source: Ministry […]
By John Lee. The Iraq Britain Business Council (IBBC) has opened a new office in Iraqi Kurdistan. IBBC President Baroness Nicholson opened the new facility, located in Erbil's Italian Village, on Monday. Among those attending were Safeen Dizayee, Head of the KRG's Department of Foreign Relations; James Goldman, UK Consul General in Erbil; and Dr […]
By John Lee. The European Union Mission in Baghdad has held a conference focused on empowering youth and supporting small and medium enterprises (SMEs). According to a statement from the Ministry of Trade's media office, the conference saw broad participation from Iraqi youth, including students, entrepreneurs, and activists. The statement highlighted the Ministry of Trade's […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani chaired the regular meeting of the High Committee for the Development Road Project on Thursday. The meeting included the Ministers of Transport, Planning, Oil, Electricity, and Communications, along with the Prime Minister's advisors. The discussion focused on the project's implementation procedures and progress on previous directives. […]
By John Lee. Iraqi President Abdul Latif Jamal Rashid met with the UK Ambassador, Stephen Hitchen, at Baghdad Palace on Wednesday and commended his role in enhancing bilateral relations. President Rashid said: "Iraq-UK relations should be enhanced with a focus on further developing bilateral ties, notably in the fields of economy, investment, and technology in […]
By John Lee. Iraq and Canada have agreed to establish communication and hold a joint meeting between the Iraqi Geological Survey and specialized Canadian companies. The goal is to develop mechanisms and terms for joint work in conducting aerial geophysical surveys on behalf of the Iraqi government. The Canadian ambassador, Kathy Bunka, confirmed Canada's and […]
By John Lee. Turkiye's exports of citrus exports to Iraq have reportedly jumped 399 percent in the period January to April. According to Turkish news agency Daily Sabah, Iraq was Turkiye's second biggest market (after Russia) for citrus fruit, with sales of $90.2 million. Included in this figure were: Tangerines: $32 million - an increase […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Oil Deal That Represents the West's Final Chance to Regain Influence in Iraq US seeks influence in Iraq via French oil giant TotalEnergies' $27-billion deal. The deal aims to […]
By Soner Cagaptay, Selin Uysal, and Bilal Wahab, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraq-Turkey Reset From water rights to PKK violence, a recent summit seemed to remove several long-festering thorns from the […]
From the Iraq Britain Business Council (IBBC): Professor Frank Gunter launches a new white paper on de dollarisation of Iraqi economy Professor Frank Gunter publishes a new paper commissioned as part of a series by IBBC's advisory council on the challenges of de-dollarisation for Iraq. The Advisory Council members and IBBC members have actively contributed […]
By John Lee. Smart phone sales in Iraq have reportedly grown by 112 percent over the past year. According to research by Singapore-based analysts Canalys, the growth was driven by strong demand for sub-US$200 devices and Chinese vendors offering better color, material and finish (CMF) devices at affordable prices. (Source: Canalys)
By John Lee. The Iraqi Cabinet has approved recommendations from the Ministry of Industry and Minerals (Industrial Development and Regulation Directorate) to impose an additional customs tariff of 50 percent on imported paper bags used for packaging cement. The new measure will come into force after 120 days, and run for four years, during which […]
