Archive | Iraq Industry & Trade News

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

Video: Discontent Soars with the Heat

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. As temperatures soar across Iraq, public discontent is also close to boiling point. Iraqis are protesting against government corruption and power shortages. Al Jazeera's Mohammed Jamjoom reports from Baghdad - where security has […]

Kurdistan gets new .KRD Domain Names

The Kurdistan Regional Government's Department of Information Technology has announced the launch of the 'Sunrise period' for Kurdistan’s top level domain (TLD) .KRD The Sunrise Period for .KRD starts on August 5 and will end on October 4. The Sunrise launch of .KRD has been a highly anticipated milestone for KRG Department of Information Technology, […]

US Military Hosts Vendor Day in Erbil

U.S. Soldiers at the regional contracting office in Erbil hosted the first in-theater vendor training day to cultivate the critical relationship between local vendors and U.S. forces on the ground. Topics discussed with potential vendors ranged from the solicitation process to reading and understanding what is required in military contracts. Since their arrival in Erbil, […]

KRI Growth Slows to Under 1%

By John Lee. The General Manager of the Projects Department in the Kurdistan Region’s Ministry of Planning, Zagros Fattah, has said that economic growth in the Kurdistan Region of Iraq is expected to be less than 1 percent this year. This follows growth of 8 percent in 2013 and just under 5 percent in 2014. […]

Heatwave Forces Four-Day Weekend

By John Lee. The Iraqi government has declared a four-day holiday starting on Thursday, as the country attempts to cope with temperatures expected to exceed 50 degrees Celsius (122 Fahrenheit). Highest temperatures are expected on Sunday, and in the Central and Southern areas of the country, including Baghdad. Poor electricity supplies will continue to cause […]

Basra has Money to Spend on Infrastructure

By John Lee. The Governor of Basra, Majid Al-Nasrawi [Alnasrawi] (pictured), has called on Filipino companies to invest in the province. During a meeting with the country's Chargé d’Affaires, Elmer Cato, he stressed that Basra and the rest of southern Iraq remain safe for investors. Citing the example of the Manila-based International Container Terminal Services Inc. […]

What Iraq needs to Survive

By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In describing the Iraqi dilemma since 2003, some Iraqis have been attributing the problem to political rather than social factors, whereby all disputes were ascribed to political causes. The prevailing thought […]

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New Australian Ambassador to Iraq

By John Lee. The Australian Prime Minister has announced the appointment of Mr Christopher Langman as the country's next Ambassador to Iraq. Australia and Iraq enjoy a strong bilateral relationship. More than 48,000 Australian residents were born in Iraq. Two-way merchandise trade was worth nearly $300 million in 2014, with Australia continuing to provide high […]

Kurdistan Imports Less Gold

By John Lee. The Kurdistan Region of Iraq has imported 26 tons of gold in the first six months of the year, a reduction on the same period last year. According to a report from Shafaaq News, 16.7 tons were imported through Sulaymaniyah International Airport, 8.2 tons through Erbil International Airport, and 1 ton through […]

Displaced Iraqis Create Boom for Used Goods

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. Second Hand Holidays in Kut: Displaced Iraqis Equal Boom for Used Goods Market In the city of Kut, one of the biggest beneficiaries of this year's Eid al-Fitr holiday – […]

Iraq Closes Border Crossings with Jordan

By John Lee. An official source has told the Jordan News Agency, Petra, that the Iraq government had informed Jordanian authorities of its decision to close border crossings between Iraq and Jordan until further notice. The source urged passengers and drivers who want to travel to Iraq not to head to the border crossings until […]