Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]