Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The National Investment Commission (NIC) has announced new investment opportunities: Rehabilitation of Al-Tariq pesticide plant. Al-Furat State Company for Chemical Industries and Pesticides Production of industrial and medical gasses. Al-Zawraa State Company. Rehabilitation of Steam Iron factory. Diala State Company for Electrical Industries. (Source: NIC)
By John Lee. Iraq’s Minister of Electricity Qassim Mohammad al-Fahdawi has met with a visiting delegation from Tehran headed by Iran's Minister of Industry, Mine and Trade, Mohammad Shariatmadari. They renewed for an additional year a contract under which Iran sells electricity to Iraq. Through four major supply lines, Iran sends 1,000 megawatts of electricity […]
By John Lee. The Iraqi cabinet has reportedly approved a plan to improve relations with Gulf Cooperation Council (GCC) member states. In a news conference, Iraqi Prime Minister Haider Al-Abadi (pictured) recalled that the GCC leaders had adopted a resolution in their last meeting on expanding strategic cooperation with Iraq, which they considered a "main […]
By John Lee. Iran's Minister of Industry, Mine and Trade, Mohammad Shariatmadari (pictured), has said it is hoped that upcoming visit of Iran's first vice president Es’hagh Jahangiri to Iraq will "outline the economic cooperation roadmap between the two countries." Shariatmadari and his accompanying delegation held talks on Monday with Iraq's Minister of Housing and […]
By John Lee. By the end of this year Iran's IKCO will strengthen its presence in Iraq, dispatching 300 Peugeot Pars passenger cars, equipped with automatic gearboxes. "Iraqi market is one of the foremost export markets for IKCO," said Hassan Golchubian, IKCO Export Director of the Middle East and Africa, adding that as other markets, […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In Iraq's Anbar province, visitors can be hard pressed to find a hotel room as tribal tradition makes housing guests a point of honour. View on YouTube
By John Lee. Ford has appointed Al-Kasid Group as its new authorised importer-dealer for the sale and service of Ford vehicles and distribution of Ford and MotorCraft® parts in all of Iraq, the company has announced. Al-Kasid Group is one of Iraq’s largest consortiums, and will be ready to welcome and serve Ford customers effective […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Narim Rostam. Over the past few years, Kurdish publishing houses have been finding it increasingly difficult to make a living. Even some of the best known are closing down […]
By John Lee. The National Investment Commission (NIC) has announced five new investment opportunities in Iraq: Rehabilitation and Operation of Basrah Salt Plant Investment Opportunity in Rubber Industries Investment Opportunity in Cement Sector Rehabilitation of Aluminum Plant/ Ur State Company Rehabilitation and Modernization of Bentonite Activation Plant (Source: National Investment Commission)
By John Lee. Transparency International has said that Iraq's ranking has fallen three places its global Corruption Perceptions Index (CPI). From a total of 180 countries, Iraq came in at number 169; last year’s position was 166 out of 176 countries. This result puts it behind countries such as Turkmenistan, Angola and Eritrea, and just […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Saleem al-Wazzan. As Saudis Prepare To Open Basra Consulate, Iran Opens Border To Iraqis Iraqis can now visit a special visa-free zone in neighbouring Iran, over the border from […]
By John Lee. MENAFN reports that 540 Jordanian goods have been officially exempted from customs duties of Iraq. Jordan's Minister of Industry, Trade and Supply, Yarub Al-Qudah (pictured) said the decision aims to increase Jordanian exports to the Iraqi market, promoting economic cooperation between the two countries. He added that Jordanian trucks will be allowed […]
