Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
From Middle East Monitor, under a Creative Commons licence. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US Secretary of State, Antony Blinken, on Tuesday signed a new national security waiver letting Iraq pay Iran for electricity that, for the first time, allows such […]
By John Lee. The US has reportedly barred 14 Iraqi banks from conducting dollar transactions, as part of a crackdown on illegal transfers of dollars to Iran and other sanctioned countries. According to the Wall Street Journal, the banks include Al Mustashar Islamic Bank, Erbil Bank, World Islamic Bank, Zain Iraq Islamic Bank and Al […]
By Bilal Wahab and Dennis Ross, 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. Iraq's Power Problem (Part 2): Implications of the New Oil-for-Gas Deal with Iran Baghdad hopes to avoid power cuts, political turmoil, and […]
By John Lee. Mr. Mohammed Jaafar Al-Sadr, the Iraq Ambassador to London, received Mr. Amet Selman, CEO of AAA Holding Group (AHG) and an investor in the phosphate fertilizer plant in Basra on Monday. During the meeting, Mr. Selman briefed the Ambassador about the company's activities in Iraq, particularly their partnership with the Ministry of […]
By Firas Elias 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. Hakan Fidan and the New Turkish Diplomacy in Iraq As Minister of Foreign Affairs, Hakan Fidan (pictured) will have to navigate urgent changes and new […]
By Noam Raydan 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. Iraq's Power Problem (Part 1): Persistent Financial and Technical Challenges Diversifying Iraq's energy supplies won't mean much if its power infrastructure is not rehabilitated, and […]
KRG Prime Minister Masrour Barzani has appointed Treefa Aziz as the new KRG Representative to the United States. Ms Aziz was most recently Senior Advisor to the Prime Minister and previously worked for over 25 years in the United States in various capacities in the public and private sector. She was also the KDP Representative […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Nearly 6,000 new companies established by KRG's Ninth Cabinet Dara Jalil Khayat (pictured), the President of the Erbil Chamber of Commerce and Industry, has said that a new industrial zone is being built in […]
From Tasnim, under Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran Ready to Meet Iraq's Pharmaceutical, Medical Requirements: Mokhber Iran's first vice president has expressed the country's readiness to provide Iraq with medical products, saying that joint cooperation between the […]
By John Lee. A senior UN official has said that support for the country's efforts to reintegrate displaced people is critical to preventing extremism and boosting recovery. Asako Okai, United Nations Development Programme (UNDP) Assistant Secretary-General and Crisis Bureau Director, added that, "UNDP is unwaveringly committed to supporting Iraq." Full statement from UNDP: One million […]
By John Lee. Qatar's Ambassador to Iraq, Khalid bin Hamad Al-Saliti, met with the former President of the Kurdistan Region of Iraq, Massoud Barzani, in Salahaddin on Wednesday. The discussion revolved around the significance of the relations between Qatar, Iraq, and the Kurdistan Region. During the meeting, the Qatari Ambassador expressed his country's intention to […]
By John Lee. Iraq's Minister of Trade, Atheer Al-Ghurairy, has said Iraq has a 'strategic stockpile' of wheat totaling 5 million tons. He is quoted by state-run Iraqi News Agency (INA) as saying that this is sufficient to meet the country's needs for more than a year, and is in addition to the four months […]
