Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. UK-based online trading and foreign exchange company ATFX has announced the start of operations in Iraq, in partnership with Iraq's Ashur Bank. The agreement was signed in Jordan by Joe Li, Global Chairman of ATFX, and Ziad Fatayer, the CEO of Ashur Bank. Speacking at the event, Managing Director of ATFX Levant, […]
By John Lee. US State Department spokesperson Matthew Miller (pictured) has explained the background to Iraq's payment of its debt to Iran, despite the sanctions that are in place with regard to Iran. At a press briefing, he was asked: "Iraqi electricity ministry, they told the state media that Iraq has paid off all the […]
UNDP Regional Director for Arab States concludes visit to Iraq with commitment to support a green economy The United Nations (UN) Assistant Secretary-General and United Nations Development Programme (UNDP) Assistant Administrator and Regional Director for Arab States, Mr. Abdallah Al Dardari, has concluded a five-day mission to Iraq with a commitment to support new development […]
By John Lee. UK-based consulting and engineering company Wood has announced that it is investing in the growth and development of its national workforce in Iraq, with plans to recruit more than 200 new employees to support new contracts. As part of this the company will welcome 25 new graduates reinforcing its ongoing commitment to […]
By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has said that the KRG is committed to supporting the construction of dams across the Kurdistan Region. Speaking at the laying of the foundation stone for the Bastora Dam in Erbil governorate, Masrour Barzani said the government has decided to build as many […]
By Sardar Aziz for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How China dominated Iraq's solar energy market As Iraq continues to struggle to provide electricity to its people, cheap Chinese technology is helping the country, as well as the […]
Basra Gateway Terminal (BGT), International Container Terminal Services, Inc.'s (ICTSI) operation at the Port of Umm Qasr, recently welcomed the first direct freight service between the United Arab Emirates (UAE) and Iraq. Operated by DP World, the service connects Jebel Ali in Dubai with Umm Qasr and potentially all of Iraq with what a press […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Emir's second visit in two years highlights rising Qatari role in Iraq Qatar's Emir Sheikh Tamim bin Hamad Al Thani has met with top officials in Baghdad in his second visit to Iraq […]
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. A spokesperson for the Iraqi Ministry of Electricity said Iran has expressed its readiness to increase the volume of gas exports to the Arab country. Ahmad Musa al-Ebadi said on […]
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. Blaming Turkey as the main culprit for the shortage of water in Iraq, the Arab country's minister of water resources said Iraq is seeking joint projects with Iran, including construction […]
By John Lee. KRG Prime Minister Barzani has laid the foundation for the Dabeen Cement Factory in Safeen. Full statement from KRG Prime Minister, Masrour Barzani, at the opening of the plant: On Thursday June 22, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) attended the foundation stone laying ceremony of the […]
By John Lee. The Saudi Export Development Authority (SEDA), "Saudi Exports", has organized a trade mission to Iraq under the theme "Made in Saudi". The event held in Baghdad this week showcased the authority's commitment to developing Saudi non-oil exports and its strategic goal of providing export opportunities for local exporters. According to a report […]
