Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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)
By John Lee. Nine business start-ups have been chosen as the second cohort of Kapita's ScaleUp Academy: Zuqaq Eduba Orderii Mishwar Hili ENKI ServicePoint Dentmart 3asal Shop After graduating at the end of the training program in September, they will present their pitches to the KAPITA Seed Fund and Iraq Angel Investors Network. (Source: Kapita)
By John Lee. The First International Conference for Investment has been held in Basra, in the presence and participation of the Chairwoman of the National Investment Commission (NIC), Suha Dawood Najar [Suha Dawud Elias Al-Najjar], under the slogan (For Basra, where the future is made). In her speech at the opening of the conference, she […]
By John Lee. Basra Gateway Terminal (BGT) has announced that it has recently handled its three millionth TEU (twenty-foot equivalent unit shipping container). The milestone was achieved during the handling of Evergreen's Ever Uranus and coincided with BGT's seventh year of operations. Basra Gateway Terminal (BGT) is a subsidiary of International Container Terminal Services (ICTSI), which is […]
By John Lee. Iraq has reportedly restarted talks with the International Monetary Fund (IMF) for a $4-billion loan to cover its budget deficit. More here. (Sources: Bloomberg, Arab News)
By John Lee. Baghdad-based Albilad Alhurra Company has won a contract with the United Nations Office for Project Services (UNOPS) for the supply of laptops. The contract is valued at $171,600. Albilad Alhurra is a joint venture between Habtoor Leighton Group, Kuwait Construction Company and M + W Group. (Source: UNGM)
By Hezha Barzani, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Event Recap: A conversation with Iraqi Deputy Prime Minister and Finance Minister Ali Allawi The Atlantic Council's Iraq Initiative recently hosted an event with His Excellency Ali Allawi, […]
