Archive | Iraq Industry & Trade News

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

Jordan-Iraq Trade Relations Not Living Up to Potential

Although Jordan could be Iraq's number one economic partner, this potential remains unfulfilled as the Kingdom's public and private sectors are not taking advantage of the "excellent ties" between the two countries, Iraqi Ambassador to Jordan, Saad Hayyani has said, according to a report in Jordan Times. He said that Jordan's extensive experience in the […]

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Religious Sites Can Become Tourist Attractions in Qadisiyah

An Iraqi investment expert said that Qadisiyah [Al-Qādisiyyah] has 14 archeological and religious sites that could be invested in, to draw large numbers of tourists and pilgrims into the province. Abbas Anid Ghanem indicated the presence of these sites encourages investment opportunities in the province, according to a report from AKnews. "Some of these sites […]

Ban Ki-moon Praises Iraqi NDP

The United Nations (UN) Secretary General Ban Ki-moon praised the Iraqi National Development Plan (NDP), encouraging the Iraqi government to work more within different levels. “I congratulate the Iraqi government for finalizing the 2010-2014 NDP,” Ki-moon said in a report on Wednesday, as reported by Aswat al-Iraq. He noted that he sees positive initiatives in […]

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Iraq to Build $250m Business Zone near Baghdad Airport

Kuwait News Agency (KUNA) reports that permission has been granted for a $250 million [300 billion Iraqi dinars] investment to build a business village near Baghdad international airport, provided that it is completed within 5 years. The agency quotes the 'Iraqi Babylon Investment Authority', which we believe to be the Baghdad Investment Commission. Chairman of […]

Iran/Iraq Business Prospects Conference in Tehran

Business opportunities and investment prospects in Iran and Iraq will be reviewed in a conference in Tehran on August 8. The Director of the Iranian Privatization Organization (IPO), Gholam-Reza Kord-Zanganeh, who is also secretary of the conference, said that they aim to facilitate an interaction and interchange of ideas and between the two countries' businesses. […]

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Govt Allows Private Sector to Invest in Border Services

The Iraqi government announced on Tuesday that it has decided to allow the private sector to invest in services for border crossing points, according to spokesman of the government. “The government agrees also to allocate an independent budget for crossing points within 2011 budget and to coordinate with crossing points in Kurdistan region with the […]

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Smuggled Cars Seized at Basra Port

A source in the Iraqi Ports Company said on Monday that Acting Transport Minister and Minister of Oil, Hussein al-Shahristani, visited several ports in Basra in a surprising visit on Sunday evening, while the security forces seized a number of smuggled cars in one of the ports in the province. "Oil Minister, Hussein al-Shahristani, arrived […]

Kurdistan Gold Imports Increased by Nine Times

The Kurdistan Region imported nearly 10,000 Kg of gold in the first six months of this year, nine times more than last year, a source at the Region’s Jewelry Control Directorate told AKnews. Ismael Sabir, the technical administrator in Kurdistan Region's Jewelry Control Directorate, said that 9, 449 Kg of gold were traded in the […]

Indian Companies to Invest in Basra

A delegation representing Indian companies is visiting Basra to learn about investment opportunities in the province, according to a report from Aswat al-Iraq. "The delegation, which consists of a number of Indian companies, held talks with the second deputy governor, Ahmad al-Hasni, on Thursday, regarding investment opportunities in different fields in Basra,” the source told […]

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