Archive | Iraq Industry & Trade News

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

Austrian Companies Explore Opportunities in Kurdistan

Eighteen Austrian companies participated in a trade mission to the Kurdistan Region, touring Erbil, Suleimaniah and Dohuk governorates, to explore commercial opportunities in a variety of sectors. The Austrian Commercial Office in Erbil hosted a banquet, attended by several Kurdistan Regional Government officials, to mark the successful visit. Dr Richard Schenz, Vice President of the […]

ISX Index Up 0.4%, Closes at 93 Points

The Iraqi Stock Exchange (ISX) index went up by 0.4% to close at 93 points as prices of 11 out of a total 29 firms traded in today’s session saw better times. Tuesday’s session saw more than 395.378 million shares exchanging hands at more than 563.872 million Iraqi dinars (roughly $482,000) through 249 deals, with […]

Turkish Consul Says to Increase Investments in Basra

The volume of Turkish investments in Basra is so big and we will increase the number of Turkish companies working in the city to 1000 next year, Turkish consul said on Monday. “Our main goal is to increase the number of Turkish companies working in Basra,” Ali Reda said during the inauguration of a fair […]

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 […]