Archive | Iraq Industry & Trade News

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

Anbar Locals Warn Against Re-Opening Border Crossing

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Locals in Anbar celebrated when an important Iraqi-Jordanian border crossing was recently reopened. But the drivers who use it say many areas are still too dangerous to pass through. When […]

Al-Abadi meets French President Emmanuel Macron

At the beginning of the meeting, the French President welcomed the Prime Minister, stressing the great interest in this visit and expressed the common desire of the two countries to develop friendly relations and cooperation. He also congratulated the victories achieved by the Iraqi forces and the success achieved by Iraqis in liberating their country. […]

CBI Stops Dollar Sales, Foreign Currency Transfers to Kurdistan

By John Lee. The Central Bank of Iraq (CBI) announced on Tuesday that it will block foreign currency transfers to Iraqi Kurdistan, and stop selling dollars to four major Kurdish banks. The decision part of an effort to put pressure on Iraqi Kurdistan after its population voted overwhelmingly in favour of breaking away from Iraq […]

Post-Referendum Threats And Demands

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdish Politicians Talk About Post-Referendum Threats And Demands While many uncertainties remain about Iraqi Kurdistan’s referendum on independence, there is one thing that seems clear to the people on […]

Kirkuk’s Kurdish Governor: If Baghdad Blockades Us, ‘We Will Manage’

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Kirkuk’s Kurdish Governor: If Baghdad Blockades Us, ‘We Will Manage’ In an interview, the controversial governor of Kirkuk, Najmuddin Karim, talks about Baghdad’s attempts to fire him, military tensions and […]

Iraq is Iran’s 2nd Biggest Non-Oil Customer

By John Lee. Iran's Trade Promotion Organization (TPOI) has issued data showing that five countries -- China, Iraq, UAE, South Korea and India -- accounted for 68.7 percent of Iran's total non-oil exports in the first five months of the current Iranian fiscal year (March 20-Aug. 22). Its non-oil exports (including gas condensate) fell 5 percent […]

Iran, Iraq to Synchronize Power Grids within Months

Iran’s Deputy Energy Minister for Electricity and Energy Affairs Houshang Falahatian (pictured) has stated that the power grids of Iran and Iraq will be interconnected in mid-November 2017. “Iran is ready to take a serious part in reconstruction of the Iraqi electricity grid once terrorists have been eliminated from the area” Falahatian added. He also […]

Tech in Iraq

By Mohammed Khudairi, for Bite.Tech. Re-published with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Through many visits to Iraq and exciting conversations with visionaries like Hal Miran, I began to learn about Iraq’s budding world of startups, incubators and entrepreneurs. Communities and organizations […]

S. Korea to Train Public Employees in Iraq

KRG Prime Minister Nechirvan Barzani received Mr. Park Young-Kyu, the Consul General of Korea, and his accompanying delegation, in Erbil. Mr. Park conveyed a letter from Mr. Moon Jae-In, President of the Republic of Korea, inviting stronger relations between Erbil and Seoul. He expressed Korea’s readiness to cooperate with the Kurdistan Region on technology development and […]

Study: Niche Markets and Growth Sectors in Northern Iraq

Iraq, and in particular northern Iraq, is rich in agricultural resources. Recent years, however, have seen an over-reliance on the oil sector to drive growth. In 2014, deteriorating security and conflict in Iraq, coupled with a dramatic fall in global oil prices, caused a severe economic recession in the country. The Government of Iraq and […]