Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
EY Iraq has announced its collaboration with Morgan International - a leading provider of international professional certification and diploma programs in the areas of accountancy, finance, human resources, marketing and logistics - to enable the provision of professional training in Iraq for the Certified Public Accountant (CPA), Certified Management Accountant (CMA), Chartered Financial Analyst (CFA) […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. This week, German conglomerate Siemens announced that it's in discussions to help rebuild and boost Iraq's power generation infrastructure. So, what are the challenges facing the new Iraqi government? Why can't one of […]
Following a meeting hosted by the UK at the UN General Assembly, Minister for the Middle East Alistair Burt (pictured) has welcomed renewed commitments from international partners to support a strong stabilisation partnership with Iraq. Minister Burt said: "Today I hosted a roundtable on the future of Iraq with His Excellency Iraqi Foreign Minister Dr […]
The Iraqi Ministry of Interior has commissioned German-based Veridos to build and operate factory for the production of Iraqi security documents. According to a statement from the company, it will provide Iraq with secure national ID cards and a reliable, consistent national register. The entire production process of the documents will be in Iraqi hands. […]
UK-based Aggreko (Middle East) and Iraq's North Refineries Company have signed a contract for rental of temporary power generators to supply 15MW of power to Baiji Refinery as a first stage. For Aggreko, the world’s largest supplier of temporary power, which also supplies South Refineries Company with 25MW, This contract will help broaden the partnership […]
Iraq is negotiating with the U.S. for exemptions from the impending snap-back of sanctions against Iran, arguing that it could not cut consumption of Iranian electricity and natural gas immediately without suffering serious economic harm and social instability. An Iraqi delegation was in Washington last week seeking a waiver for its cross-border trade, meeting with […]
By John Lee. German business newspaper Handelsblatt reports that Chancellor Angela Merkel has personally intervened with Prime Minister Haider al-Abadi to persuade the Iraq Government to sign a major contract with Siemens to upgrade the country's electricity infrastructure. It is understood that the State Secretary for Economic Affairs, Thomas Bareiß, accompanied Siemens Chief Executive Joe […]
The Statistics Office, IOM, and UNFPA launch the Demographic Survey of the Kurdistan Region of Iraq The Kurdistan Region Statistics Office (KRSO), UNFPA, and IOM have launched the demographic survey of the Kurdistan Region of Iraq (KRI), one of the largest statistical exercises conducted in the region since 1987. The survey provides a comprehensive profile […]
In line with Iraq’s goal to improve the efficiency and availability of the country’s power plants, Siemens will provide inspection and upgrade services for two power generation units at Al-Sadder Power Plant. Located in Baghdad, the 600-megawatts (MW) facility is one of the country’s major power plants that currently supplies approximately 600,000 homes with power. […]
In May of this year, we reported claims that Iraq’s anti-corruption bodies were investigating the contract to operate the duty-free shops at Baghdad and Basra airports, following reports of corruption from Al-Ahad TV. According to a new report from Al-Ahad TV, and to documents recently received by Iraq Business News (see below), the Iraqi Parliament has […]
By John Lee. Greek ouzo has reportedly become extremely popular in Iraq in recent years, with imports increasing steadily. According to greekreporter.com, ouzo is now replacing Iraq’s popular arak, a transparent drink very similar to Greece’s ouzo or raki. Komotini-based company Distillery Winery of Thrace claims to have an 85-percent share of the Iraqi ouzo […]
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Kurds throw lifeline to Iranian Kurds as sanctions begin to bite As Washington tightens the screws on Iran with crippling sanctions to bring the ayatollahs to their knees, […]
