Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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. […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 – […]
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 […]
By John Lee. A spokesman for Iraqi Prime Minister Haider al-Abadi (pictured) has said that the nuclear deal announced on Tuesday between Iran and world powers will be "a catalyst for regional stability." Saad al-Hadithi told the Associated Press that it will lead to better unity in the fight against terrorism. But Hamid al-Mutlaq, an […]
By John Lee. The Iraqi government has declared an official holiday on Thursday due to the continuing heatwave affecting the country. The Daily Mail reports that several provinces have reported temperatures above 50C (122F), causing particular difficulties for people who are fasting during the long daylight hours in the Muslim holy month of Ramadan. The Eid […]
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. Food, Family, No Sleep: Baghdad A New City During Ramadan, Thanks to End of Curfew For the first time in years locals in Iraq's capital city are getting to enjoy […]
Members of the Iraq Britain Business Council (IBBC), leading political figures and experts gathered in the tranquil setting of Cumberland Lodge, Windsor Great Park, at the weekend for the IBBC's annual retreat. The weekend was spent holding discussions and talks on different aspects that affect doing business in Iraq. The event opened on Friday evening […]
