Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Kurdistan Regional Government has reportedly started repaying its debts, clearing half of what it owes to private banks and 10 percent of what it owes contractors. According to Rudaw, the KRG will now service its remaining debts every month. KRG finance minister Rebaz Hamlan (pictured) told the news agency that the […]
The U.S. Embassy in Baghdad has received a report that unspecified militia leaders have discussed plans for kidnapping U.S. citizens attending the 45th Baghdad International Fair, scheduled for November 10-19, 2018. The militia leaders’ discussion included concealment techniques and ways of connecting the kidnappings to other entities with whom the militias possibly disagree with politically. […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. n an interview with Russia's Sputnik Nov. 1, Syrian Transportation Minister Ali Hammoud said Syria is preparing to open checkpoints on its border with Iraq now that security has returned and is looking forward to […]
By Nahwi Saeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. President Barham Salih on Oct. 27 announced that he has developed a proposal for resolving the dispute over Kirkuk between Baghdad and Erbil. Without going into detail, he said his plan focuses on the ethnic and […]
Advertising Feature By Veronica Cotdemiey, CEO of Citizenship Invest. Turkish Nationality: The Most Desired Citizenship Program among GCC Expats Citizenship by Investment programs have been witnessing some major changes and one of them is the introduction of the new Turkish citizenship program which was published on the Official Gazette and entered into force in September […]
Rebuilding & Reconstruction - Iraq - Delivering the Vision Register Now IBBC returns to Dubai on 25 November with a full agenda of expert speakers to discuss the most important issues facing Iraq's economy. Baroness Nicholson of Winterbourne, President of IBBC and The Prime Minister's Trade Envoy to Iraq, Azerbaijan, Turkmenistan & Kazakhstan will open the conference, alongside […]
The United States has told Iraq that it will be allowed to keep importing crucial gas, energy supplies and food items from Iran after Washington reimposes sanctions on Tehran’s oil sector, three Iraqi officials said. The waiver is conditional on Iraq not paying Iran for the imports in US dollars, said the officials, who included […]
By John Lee. Two companies have won tenders to supply Safety and Security Demining Equipment and Binoculars to the United Nations Office for Project Services (UNOPS) in Iraq. The contract with US-based Sarkar Tactical Ltd is valued at $21,260, while the contract withUS-based OKI General Trading is valued at $2,725. (Source: UNGM)
U.S. Chamber of Commerce Business Mission to Baghdad: December 9-11, 2018 The U.S. Department of State and the U.S. Chamber of Commerce are pleased to announce the first business mission for American companies to Baghdad since the 2018 parliamentary elections. Delegates will have an opportunity to meet Iraqi leadership and learn about commercial and investment […]
By John Lee. South Korea's STX Marine Service has reportedly won a contract to restore and operate diesel-fueled electric power plants in Iraq. According to Yonhap, the company said the US$500-million deal will see it four 900-megawatt electricity generation units over five years. It calls for 100 South Korean engineers to be dispatched by STX, […]
By Ahmed Tabaqchali and Emily Burlinghaus. Originally published by bite.tech; re-published by Iraq Business News with permission of the author. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Most of the coverage and analysis of Iraq post-2003—by international, regional, and local journalists and analysts—has focused […]
Iraq is committed in its efforts to achieve climate security. Mitigation efforts, employing local and international resources, that ensure food and water security are met and are a priority for the government due to them being major effects of climate change. This was stated at the stakeholders consultation on Iraq’s nationally determined contributions to the […]
