Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
On Tuesday 1 August, 2017, the Iraq Britain Business Council (IBBC) will hold its first networking event in Dubai. The event follows the appointment of Vikas Handa (pictured) as IBBC UAE representative. Vikas intends to host regular networking events in the UAE for IBBC members and companies that are interested in working in Iraq. Since […]
By John Lee. The largest container vessel to call at an Iraqi port has been unloaded at Gulftainer’s Iraq Container Terminal (ICT) earlier this month. According to TradeArabia, the YM Wealth, owned by Taiwan-based Yang Ming Marine Transport Corporation, discharged and loaded over 2,500 containers. The shipping line shows the 68,616-ton vessel as having been […]
Ranking diplomats from Iran and Iraq held two meetings of a joint political committee on Sunday to explore avenues for the expansion of ties between Tehran and Baghdad, particularly in the economic field. Iranian Deputy Foreign Minister for Arab and African Affairs Hossein Jaberi Ansari and Iraq’s Deputy Foreign Minister Nazar Khairallah co-chaired two separate […]
GE has said it is supporting Iraq to develop its electricity infrastructure, working closely with the Ministry of Electricity to set up the Mansurya Power Plant in Diyala. Earlier, while still in its construction phase, the facility had been partially damaged during the conflict in the area and progress towards project completion had stalled. The […]
The United Nations World Food Programme (WFP) welcomed a contribution of €3.2 million (US$3.5) from the Government of France today for its cash assistance programme supporting families affected by conflict in Iraq. “This new French contribution is in response to the urgent need for food assistance among Iraqi families who have recently been displaced by […]
By John Lee. Iran and Iraq have signed a Memorandum of Understanding (MOU) to set up joint industrial zones. Iran's Minister for Industry, Mining and Trade, Mohammadreza Nematzadeh and Iraqi Minister for Industry and Minerals Mohammed Shia 'Al Sudani signed the agreement on Sunday. Minsiter Al Sudani said he future of Iraq is to increase […]
KRG Prime Minister Nechirvan Barzani received Mr. Martin Warr, the new Consul General of the United Kingdom in Erbil, and his accompanying delegation. Consul General Warr commended the role of the Peshmerga forces in the fight against ISIS and the Kurdistan Region for hosting large numbers of internally displaced people, who fled ISIS atrocities and […]
The Prime Minister of Iraqi Kurdistan, Nechirvan Barzani, has received Iran’s new ambassador to Iraq, Mr. Iraj Masjedi, accompanied by Iran’s Consul General in Erbil. Recalling old relations between Kurdistan Region and the Islamic Republic of Iran, Ambassador Masjedi expressed his wish to further develop the ties between Erbil and Tehran. He expressed his readiness […]
By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While Iraq’s war against terror is far from over, the conclusion of the Mosul offensive should mark the high point in the cost of […]
Deloitte Middle East (DME) has launched a guide to doing businesss in Iraq. The “Doing business guide - Understanding Iraq’s tax position” addresses the key tax considerations for doing business in Iraq, alongside key economic, industry and market drivers which impact starting up a business there. The complexity of tax compliance in Iraq has grown […]
More than 300 delegates attended a major Iraqi business event in London on Monday and Tuesday. The Iraq Conference for Trade and Investment (ICTI) was intended to highlight Iraq’s openness for business as it rebuilds its infrastructure and institutions, and it facilitated face-to-face discussions with key decision makers, Iraqi and British ministers, and business people and […]
The Iraq Britain Business Council (IBBC) has announced that several new companies have joined the Iraq Britain Business Council in 2017, each of which are underpinned by strong reputations for innovation, reliability and a commitment to investing in Iraq. Al Ratba’a Contracting Company, Al-Burhan Group, Iraq Star Group, Serco, Shamara Holding, Cresent and Rolls Royce […]
