Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Italy Opens its Consulate in Erbil

Erbil, Kurdistan Region, Iraq (cabinet.gov.krd) - In a ceremony held yesterday, Italy's Consulate opened in Erbil, which was attended by the President of Italian Senate, Mr. Pietro Grasso and his accompanying delegation, Prime Minister Nechirvan Barzani, Deputy Speaker of the Kurdistan Parliament and a number of Kurdistan Regional Government ministers and officials. In his speech, Prime […]

Lebanon to Open Diplomatic Mission in Erbil

Prime Minister Nechirvan Barzani yesterday received the Lebanese Embassy Charge d’Affaires in Iraq, Mr. Walid Al-Ghossaini.Mr. Walid Al-Ghossaini said that his country intends to open a representation office in the Kurdistan Region capital Erbil, in a near future, to raise it later to the level of consulate. Mr. Al-Ghossaini discussed the current situation in the […]

Iraqi Lab Produces Resilient Date Palms

By Simon Kent. Biologists at the University of Basra have produced lab grown date palms which they say can better endure disease and problems of salinity and climate change which have decimated a once thriving date industry. Iraq used to produce over a million tons of dates a year, until war and other adverse conditions […]

Baghdad Hails First Miss Iraq Since 1972

By Simon Kent. For the first time since 1972, Baghdad has held its first beauty pageant for the title of "Miss Iraq." The winner, Shaymaa Abdelrahman, a 20 year old from the contested city of Kirkuk, said that she would use her new found public profile to launch education initiatives for children displaced by fighting in […]

KRG, US Business Delegation Discuss Opportunities

Minister Falah Mustafa today received representatives of over 25 U.S companies, led by the U.S-Kurdistan Business Council (USKBC), to discuss areas of potential investment for U.S companies in the Kurdistan Region. In a meeting attended by Bayan Rahman, KRG Representative to the U.S, Minister Mustafa thanked the USKBC for bringing such a high level business […]

UK Committed to Long-Term Partnership with KRG

Senior KRG officials on Sunday discussed economic reform plans of the government and bilateral ties with Baroness Emma Nicholson, UK Prime Minister's Trade Envoy for Iraq. The meeting was chaired by Minister Falah Mustafa, and he was joined by Dr. Ali Sindi Minister of Planing, Nawroz Mawlod Minister of Municipality and Tourism, Mawlod Bawa Murad […]

APR Signs Contract Extension

APR Energy, which describes itself as "a global leader in fast-track power solutions", announce on Wednesday that it has signed extensions of its power generation contracts in Iraq and Angola. The Company's contract extension in Iraq is for a one-year term, and runs through 2016. The power plant has been in operation since 2012 and […]

Sulaimaniyah opens New Border Crossing with Iran

By John Lee. Shafaaq reports that a new border crossing has been opened between Sulaymaniyah in Iraqi Kurdistan, and Iran. The new crossing at Siran Bin is the third in the province, and connects with the Iranian city of Bana. At the opening ceremony, the governor of Sulaimaniyah predicted that the new crossing will ease […]

Video: Iraq slums - Poverty rates on the rise

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Violence, political instability and a struggling economy have left almost a third of Iraq's population without basic services such as water and sanitation. Al Jazeera's Imtiaz Tyab reports from Baghdad on how people […]

Iraqi Trade Minister Dismissed

By John Lee. Prime Minister Haider al-Abadi has sacked the Minister for Trade, Mlas Mohammed Al-Kasanzan [Abdulkarim Malas al-Kasnazani] (pictured), for failing to show up for work. A statement from the Prime Minister's office said al-Kasnazani was dismissed because of his "absence ... from his duties as Minister of Commerce [i.e. Trade] for more than […]

FM Meets Head of Iraq-Japan Friendship Assoc

Foreign affairs minister Dr Ibrahim Al-Jaafari met the head of Iraq-Japan Friendship Association Ms Yuriko Koike last week in the Japanese capital Tokyo. During the meeting, they reviewed the bilateral relations and regional and international issues that concern both sides, as well as, discussing the work of the Association and its activities, in favour of […]