Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq Duty Free has reportedly had its exclusive duty free contract at Baghdad and Basra airports extended by ten years to 4th March 2029. According to The Moodie Davitt Report, the contract was awarded by the Iraqi Civil Aviation Authority (ICAA) and Ministry of Transport to Iraq Duty Free’s parent company Financial […]
By John Lee. Netherlands-based fruit and vegetable grower Levarht has sent its first air-freight shipment to Iraq, which arrived at Erbil airport. The company said it expects to make weekly shipments of high-quality fruit and vegetables, including soft fruit, tomatoes, bell peppers, herbs, lettuce and potatoes. A spokesperson said that because of the unrest in […]
Kurdistan Regional Government Prime Minister Nechirvan Barzani met with Japanese State Minister for Foreign Affairs Kentaro Sonoura and his accompanying delegation. In the meeting, attended by Deputy Prime Minister Qubad Talabani, the Japanese Minister reaffirmed his country’s position to further strengthen its relations with the Kurdistan Region, by opening its consulate in Erbil on Wednesday. […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Turkey's Prime Minister Binali Yildirim is in Iraq to bolster Ankara's role in the fight against ISIL. He has met his Iraqi counterpart Haider al-Abadi in Baghdad and is now in Erbil, where […]
By John Lee. CurePharma, a UK-based medicines and pharmaceuticals wholesaler and distributor, has exported the first consignment of British manufactured medicines to Iraq. The consignment of prescription and over-the-counter medicines, worth around £50,000 in current prescription and retail values, was sent to a large pharmaceutical distributor in Baghdad, from which it will be delivered to […]
By John Lee. Iraq, along with India, has the most government shutdowns of the internet. According to a report from the Brookings Institution, Iraqi authorities shut down the country's internet on 22 separate occasions between 1st July 2015 and 30th June 2016, at an estimated economic cost of $209 million. Iraq was taken offline in […]
More than 180 expert speakers and delegates from the UK, Iraq, UAE and abroad gathered in Dubai at The Address Dubai Marina on Sunday 18 December for the Iraq Britain Business Council’s (IBBC) Autumn Conference. Usually held in London, the well-attended conference marked the first time the IBBC has held an event in the UAE, […]
The Iraqi-French Business Council Economic Forum was held in Bagdad on the 1st of Dec. 2016 in its 10th session under the joint patronage of the Iraqi and French governments. The Forum activities opened with a welcoming speech by Dr. Sami Al- Araji, NIC Chairman through which he reviewed the history of establishing the Iraqi […]
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. The Iraqi Foreign Ministry announced Dec. 2 the formation of a high-level committee to start implementing the Strategic Framework Agreement (SFA). This reflects Iraq’s readiness for the era […]
Baroness Nicholson – Opening Speech for the Iraq Britain Business Council (IBBC) Conference on December 18th in Dubai: Welcome to Dubai. IBBC has been aware for many years of the important role that the UAE plays as a regional hub for business and trade through the MENA region and in particular as a regional base […]
Siemens has appointed Musab Alkateeb (53) as Chief Executive Officer (CEO) of the company’s operations in Iraq, effective January 1, 2017. Alkateeb will take over from Nael Ghali, and has more than 15 years’ experience working across various sectors in Iraq including oil and gas, finance, business development, IT and trade. Thomas Schmidt (37) takes […]
KRG Foreign Minister Falah Mustafa today received representatives of 30 U.S companies, led by the U.S-Kurdistan Business Council (USKBC), to discuss investment opportunities and latest developments. In a meeting attended by Bayan Rahman, KRG Representative to the U.S, Minister Mustafa thanked the USKBC for organizing the visit and underlined the importance of further engagement of […]
