The first international fair for food products and household items continue in Basrah for the third day, with over 40 Turkish companies, as well as a number of international and local companies.
Archive | Iraq Industry & Trade News
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iraq to Wind Up Airline in Kuwait Dispute
The $1.2bn (£837m, €979m) reparations relate to aircraft and parts taken by Iraq during its occupation of Kuwait. The decision to wind up Iraqi Airways is an attempt to avoid the claims filed by Kuwait Airways.
Dutch Delegation to Visit Basra to Discuss Investment Opportunities
“An agreement has been reached with official Dutch authorities to send a delegation of 30 businessmen and traders to Basra to review the investment opportunities and economic capabilities in the province,” said Shaltagh Abboud al-Mayah
Swedish Minister Leads Delegation to Kurdistan
Sweden’s Trade Minister Dr Ewa Björling led a large trade delegation in an exploration of the commercial potential of the Kurdistan Region today. Minister Björling said, “It is fantastic to be back here and to see all the improvements, and to discover how many people still speak Swedish. For the trade delegation, this is a […]
Tags: Industry & Trade
Germany Opens Industry and Commerce Office in Erbil
Germany’s Deputy Minister for Trade and Investment Dr. Karl Ernest Brauner this week opened Germany’s Liaison Office for Industry and Commerce in Erbil in an effort to further facilitate trade with the Kurdistan Region in Iraq. During his visit to Erbil, Dr. Brauner also met with President Masoud Barzani who welcomed the decision to launch […]
Tags: germany, Industry & Trade
ISX to Launch a New System by Next Month
The Director of the Iraqi Stock Exchande (ISX), Taha Ahmed Abdulsalam, said on Saturday that the ISX will launch a new general indicator for shareholders as a result of an increase of quoted companies. “Electronic trading had been applied by 5 companies by April 9, 2009. This number eventually rose to 30, out of which […]
ISX Trading Hits ID584m at Weekend’s Session
The Iraqi Stock Exchange (ISX) trading activities this week hit more than 584 million Iraqi dinars (roughly $499,000) as rates of shares of 13 companies went down and 12 up out of a total 41 firms that traded in today’s session. Some 292 million shares exchanged hands at 584.548 million dinars through 236 deals, with […]
Trade Ministry Activates Role of Commercial Attache`s
The General Manager of Economic Relations in the Ministry of Trade, Hashim Mohammed Hatim, has emphasized the economic role which Commercial Attachés abroad are playing. In a statement issued by the Ministry received by Aswat Aliraq Hatim he said that, ” We have started a broad programme throughout our departments and together with the cooperation […]
Tags: Commercial, Industry & Trade
Kurdistan Trade Delegation at Paris Conference.
A delegation of Kurdistan traders were to take part on Thursday in an expanded conference in Paris, chairman of the Kurdistan’s exporters and importers union said. “The delegation included 32 traders from Kurdistan region’s provinces; Arbil, Sulaimaniya, Duhuk and will take part in the expanded trade conference, which will begin on Thursday (May 27) in […]
Tags: Industry & Trade, Paris Conference
ISX Trading Hits ID684 Million on Wednesday
The Iraqi Stock Exchange (ISX) trading activities hit 684 million Iraqi dinars on Wednesday. Wednesday’s session saw trading over shares of 36 out of 84 electronically-registered firms, 11 of them went down, 13 up while 12 others retained their previous rates. Traded shares hit 430.656 million worth more than 684.624 million dinars ($585,000) through 291 […]
New Starting Point for Investment and Trade Between UAE and Iraq
The visit that Her Excellency UAE minister of foreign trade Shekha Lubna Bint Khalid made to Kurdistan Iraq region late last week heading an investment and trade delegation gave a new push to strategic investment and trade cooperation between Iraq and UAE. This visit represented a new starting point in economic relations between the two […]
Australian mission finds emerging Kurdistan
The Australia Arab Chamber of Commerce and Industry (AACCI) recently (12-17 April) led a select group of Australian companies to the Kurdish region of Iraq in pursuit of business opportunities. They found an economy, now emerging after decades of isolation and neglect, buoyed by growing foreign investment, supported by oil and gas revenues, and underpinned […]