Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Hexagon Composites' subsidiary Hexagon Ragasco has received a new major order for LPG cylinders from Gas Filling Company (GFC) at a total value of around USD 15 million (approximately NOK 120 million). Deliveries are scheduled to commence in fourth quarter of 2017 and continue through first quarter of 2018. With this order, Iraq is expanding […]
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Islamic State (IS) issued many decrees when it took over Mosul in 2014, including one that banned barbers. As one might imagine, with the recent liberation of the […]
The Hydraulic Industries State Company, which is part of the Ministry of Industry & Minerals, has invited domestic and foreign companies to invest in the construction of a production line for welding electrodes: "Those, who wish to participate are welcomed to visit the company in Baghdad – Al Saydia/ beside Al Dora bridge to submit […]
The Iraq Britain Business Council (IBBC) has held its first major networking event in Dubai, to accommodate the demand from its members, who operate from Dubai as a regional business hub. Vikas Handa, the IBBC UAE Representative said over the last few years UAE has emerged as the hub for companies doing business in Iraq, […]
Kurdistan Region Prime Minister Nechirvan Barzani received Mr. Abu Magsoud Forhad, Bangladesh's Ambassador to Iraq. Ambassador Forhad discussed his government’s intention to open in Erbil an office of his country’s Iraq embassy. Discussing the situation of the Bangladeshi nationals, resident in Iraq and Kurdistan Region, he said opening of embassy’s office in Erbil will facilitate […]
By John Lee. Mr Jon Wilks CMG (pictured) has been appointed Her Majesty’s Ambassador to the Republic of Iraq in succession to Mr Frank Baker OBE. Mr Wilks, who currently serves as Her Majesty’s Ambassador to Muscat, will take up his appointment in November 2017. He has previously served in diplomatic roles in Baghdad, in addition […]
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 […]
