Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The European Commission has proposed to the Council to adopt temporary restrictive measures on short-stay visas for visa applicants who are nationals of Iraq, Bangladesh and The Gambia. Under the revised Visa Code in force since February 2020, the EU's short-stay visa policy is linked to cooperation with partner countries on readmitting […]
By John Lee. Iraqi Minister of Industry and Minerals, Manhal Aziz Mahmoud Al-Khabbaz, has announced the official start of construction of a new cement plant in Badoush, in Nineveh Governorate. The $220-million project is being carried out by the General Company of Iraqi Cement and a Spanish company, which the Ministry did not name. The […]
By John Lee. Japan's Minister for Foreign Affairs, Motegi Toshimitsu, visited Iraq on Saturday, meeting with Foreign Minister Fuad Hussein, Prime Minister Mustafa Al-Kadhimi, and President Barham Salih. Minister Motegi announced that Japan intends to extend the "Basrah Refinery Upgrading Project (Phase 3)" Yen loan project (up to the amount of 32.7 billion yen) [$300 […]
By John Lee. On Sunday, Iraqi Prime Minister Mustafa Al-Kadhimi met with the Emir of Kuwait, His Highness Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah. During the meeting in Kuwait, the Prime Minister stressed the need to take advantage of the potential offered by being neighbouring states, the interdependence of strategic and economic interests between the two […]
By John Lee. Iraq's Foreign Minister, Fuad Hussein, has this week received the credentials of several new ambassadors to Baghdad: the Ambassador of India to Baghdad, Mr. Prashant Bisai (pictured); the Ambassador of Spain to Baghdad, Mr. Pedro Martineth; the Ambassador of Sweden to Baghdad, Mr. Jonas Lofven; the Ambassador of Pakistan to Baghdad, Mr. […]
By John Lee. On Wednesday, August 18, 2021, the President of the Republic of Iraq, Barham Salih made a phone call to Chinese President Xi Jinping. In the Phone conversation, President Salih congratulated the Chinese President on the 100th anniversary of the founding of the Chinese Communist Party. According to a statement from the Office […]
By John Lee. Iraq and Turkey have agreed to form a committee to help facilitate trade between the two countries. At a meeting in Baghdad on Wednesday between Iraq's Minister of Trade, Dr. Alaa Al-Jubouri, and his Turkish counterpart, Muhammed Muş, it was also decided to hold a forum for businessmen in Istanbul at the […]
From the Iraq Britain Business Council (IBBC). On Monday 16th August The Al Majal Business Park, Burjessia, generously held a lunch for IBBC members and friends, on behalf of IBBC. The lunch was hosted by Mr Richard Cotton and Mr Mohanad Al Khattab and around 40 guests attended. Richard Cotton brought greetings from Baroness Nicholson […]
From the International Labour Organization (ILO). Re-published with permission by Iraq Business News. Young female entrepreneur strives to transform the medical sector in the Kurdistan Region of Iraq Twenty-five-year-old Nasreen Hassan has been working for years on a business idea that will help hospitals and medical centres in the Kurdistan Region of Iraq improve and […]
Maintaining economic momentum between "sisterly countries" the UAE and Iraq was top of the agenda when the Ambassador of Iraq to the UAE visited Abu Dhabi Chamber recently. Ambassador Dr. Mudaffar Mustafa Al-Jubouri was received by Abdullah Mohammed Al Mazrouei, Chairman of Abu Dhabi Chamber of Commerce and Industry, at the Chamber's tower in Abu […]
By John Lee. The Iraqi Foreign Minister has said that Iraq is helping develop promising investment opportunities for Pakistani companies in Iraq, and increasing cultural exchange between the two countries through the twinning of universities. The statement came at a meeting between Pakistani Foreign Minister Shah Mahmood Qureshi and Iraqi Foreign Minister Dr Fuad Hussein […]
By John Lee. Iraq's Electricity Minister has reportedly said that Iran has suspended exports of electricity to Iraq on Tuesday. According to Basnews, the decision is due to reduced water levels feeding hydro-electric plants in Iran. Iraq had just received a waiver from the US allowing it to continue importing electricity from Iran. (Source: Basnews)
