Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Economic Reforms will Help Achieve Sustainable and Inclusive Growth in the Kurdistan Region of Iraq A new World Bank Group report proposes a series of reforms to enable Iraq’s Kurdistan Region to chart a path out of the difficult economic challenges it faces toward a more sustainable and diversified economic future. The combination of factors […]
By John Lee. The Basra branch of the Iraqi Businessmen's Association has announced the founding of the largest joint-stock company in the province. The new firm will involve hundreds of businesses in a variety of ventures, including construction, tourism, and setting up its own bank. Sabih Habib al-Hashemi, the head of the Association, said that […]
By John Lee. Minister of Foreign Affairs Dr Ibrahim Al-Jaafari met the Japanese Ambassador to Iraq Mr Fumio Iwai. During the meeting, they reviewed the bilateral relations and means to promote them so as to meet the aspirations of the two friendly people, as well as, discussing the regional and international issues of mutual interests. […]
The Iraq Britain Business Council (IBBC) is pleased to announce the appointment of Samer Al-Omari as its UAE Representative. Working part-time from the Weir Group’s offices in Dubai, Samer will help promote IBBC to companies and organisations in the UAE; drive membership recruitment; and coordinate the planning of the IBBC Autumn Conference, which will be […]
The Iraq Britain Business Council (IBBC) is delighted to welcome Dar Al-Handasah (Shair and Partners) – a planning, design, management and supervision consultancy – to the organisation. Founded in 1956, Dar Al-Handasah (Shair and Partners) is one of the world’s leading design firms. The company has ranked highly on Engineering News-Record’s annual Top International Design […]
Mr Frank Baker OBE, Her Majesty’s Ambassador to Iraq; Ján Kubiš (pictured), the Special Representative of the United Nations Secretary-General for Iraq; and Robert Bou Jaoude, the World Bank’s Special Representative for Iraq, have accepted invitations from Baroness Nicholson of Winterbourne to speak at the Iraq Britain Business Council’s (IBBC) annual weekend retreat at Cumberland […]
KRG Prime Minister Nechirvan Barzani received Mr. Mahmoud Alavi, Minister of intelligence of Islamic Republic of Iran and his accompanying delegation on Saturday. Mr Alavi said that Iran attaches great importance to its relations with Kurdistan Region, stressing that these relations have deep historical roots. The delegation stated that Iran has always considered the Kurdistan […]
Entering Iraq: IBBC and members introduce Iraq to the Aberdeen Chamber of Commerce Representatives from the Iraq Britain Business Council (IBBC), members KCA Deutag and Control Risks, and UK Trade Envoy for Iraq Baroness Nicholson of Winterbourne, participated in a Lunch and Learn session at the Aberdeen and Grampian Chamber of Commerce on 13 May […]
Cristal Group has entered into a management agreement with HARCO Erbil, represented by Mr. Mustafa Hariri, to operate the first Emerald Hotel in Erbil. It is the group's second property in Erbil and its third in Iraq. Making the announcement, Mr. Kamal Fakhoury, COO of Cristal Group, said: "Emerald is our Mid market brand and […]
By John Lee. Indian Ambassador to Iraq, Mr. George Raju yesterday visited the KRG Department of Foreign Relations to discuss the opening of Indian consulate general in Erbil. Ambassador Raju announced the decision of the government of India to open its consulate general in Erbil, capital of Kurdistan Region. He said that India realizes the […]
By John Lee. Imperial Brands, formerly Imperial Tobacco Group, stated on Wednesday that "ongoing instability [in Iraq and Syria] continued to impact performance, particularly of Gauloises and Gitanes" cigarette brands. In its half-year results to the end of March, the company said that Iraq and Syris now represent less than 3 percent of total Group […]
By John Lee. Iran has reportedly resumed electricity exports to Iraq following a hiatus over unpaid fees. Power was restored following the visit of an Iraqi delegation to Tehran to settle the issue. (Source: PressTV) (Electricity image via Shutterstock)
