Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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)
President Masoud Barzani received a Japanese embassy delegation headed by Ambassador Fumio Iwai, Japan's Ambassador to Iraq. President Barzani and Ambassador Iwai spoke of the current political situation in Iraq and expressed optimism that matters will be moving in a more positive direction. The two sides also spoke of the military operations against the terrorists […]
The Iraq Britain Business Council (IBBC) will be holding its Spring Conference on April 27 at Mansion House and on April 28 at Vintners' Hall in London. In recent weeks considerable political debate has taken place in Iraq following Prime Minister Abadi’s announcement of a technocrat reshuffle of his cabinet. It seems that the motto of the conference - ‘Iraq […]
By John Lee. AccuWeather reports that a slow-moving storm system will lead to flash flooding from Iraq and western Iran into Saudi Arabia and Yemen on Wednesday and Thursday. Rainfall of 12-25 mm will be common with locally higher amounts in the strongest thunderstorms. Areas such as Baghdad and Basrah will get multiple downpours. (Source: […]
IBBC Women’s Group Roundtable: Judge Marilyn Mornington on Women in the Workplace The Iraq Britain Business Council (IBBC) Women’s Group held its first roundtable with District Judge Marilyn Mornington as the key note speaker. The event was held at G4S offices in Victoria on the 7th April and was attended by representatives of member universities […]
By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is facing a new crisis with Saudi Arabia as a result of their differing points of view regarding regional issues, most notably those related to Lebanon-based Hezbollah, which was recently classified […]
By John Lee. The Minister of Foreign Affairs, Dr Ibrahim Al-Jaafari, received a copy of the credentials of the new Chinese Ambassador to Iraq, Mr Chen Weiqing, at the ministry Headquarters.. "Last year, trade [between Iraq and China] reached $20 billion, and today Iraq represents the third largest partner in the Arab world," Mr Chen […]
