Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Head of the KRG Foreign Relations, Minister Falah Mustafa, today received Ambassador of Armenia to Iraq Mr Karin Gregorian to discuss bilateral ties. In his first visit to the Kurdistan Region, Ambassador Gregorian commended Kurdistan Region for its political and economic developments as well as its culture of peaceful coexistence and religious tolerance. He briefed […]
By John Lee. The parliament of Belarus has said that it will set up a working group to look at improving cooperation with Iraq. BelTA news agency reports that the Chairman of the Ukrainian International Affairs Commission, Nikolai Samoseiko, explained that a strategy for "the complex advancement of Belarus-Iraq relations" is being implemented. (Source: BelTA) […]
By John Lee. The European Union (EU) is to open a representative office in Iraqi Kurdistan. The Kurdistan Regional Government (KRG) representative to the EU, Dlawar Azhgayi, told BasNews: “It is an important message that Europe is nurturing its relationship with the Kurdistan Region." He added that the process of choosing the representative has already […]
By John Lee. Lockheed Martin Aeronautics has been awarded a $9,500,000 fixed price, indefinite-delivery/indefinite quantity contract for F-16 aircrew training to Iraq Air Force personnel. The work will be performed at Tucson, Arizona, and is expected to be complete by Jan. 27, 2017. (Source: US Defense Dept) (Picture: First flight of F-16 Fighting Falcon for […]
By John Lee. The Belarusian company Minsk Tractor Works (MTZ) has said it is ready to supply both assembled tractors and assembly kits to Iraq, and it is now looking for partners in the country. A spokesperson for the company told the BelTA news agency that an Iraqi delegation led by President of the Federation […]
By John Lee. Shell has reportedly signed a deal with Iraq worth $11 billion (12.8 trillion Iraqi dinars) to build a petrochemicals plant in Basra. On Wednesday, Industry Minister Nasser al-Esawi [Nasser al-Issawi] told a press conference that the Nibras complex would make Iraq the largest petrochemical producer in the Middle East. The news comes […]
By Samar Rassam-Whitticombe, CEO of Somer Industrial Projects (SIP). This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. As we wave goodbye to 2014, I am reminded of all the superb achievements of the last 12 months. The ever-changing shifts in the international socio-political scene have […]
By John Lee. Mississippi’s congressional delegation has asked Secretary of State John Kerry to help encourage Iraq to buy more US-produced rice. According to a report from Clarion Ledger, they have asked for diplomatic assistance to improve trade relations with the Iraqi Grain Board (IGB), which is expected to soon begin accepting bids on a […]
Kurdistan Region Prime Minister, Nechirvan Barzani, yesterday received the Mayor of London, Boris Johnson, accompanied by Nadhim Zahawi, member of the British Parliament and a number of British businessmen. Mr. Johnson expressed his pleasure for visiting the Kurdistan Region and witness personally the developments that have been achieved, and observe the progress made by the […]
By John Lee. Finance Minister Hoshyar Zebari received this week the CEO of the General Electric Company (GE), Mr. Aziz Koleilat, and his delegation. During the meeting, they discussed projects and activities of the company in the country in the energy, electricity and health sectors. The Minister of Finance stressed the government's keenness to secure […]
Baroness Emma Nicholson of Winterbourne, UK Trade Envoy for Iraq and Iraq Britain Business Council’s (IBBC) Chairman, met Iraq’s new Prime Minister, Mr Haider al-Abadi, for wide-ranging talks during his visit to London this week. Mr al-Abadi was attending the Lancaster House coalition conference on the situation with Da’esh (Islamic State) but was keen to […]
By John Lee. Iranian vehicle maker Iran Khodro (IKCO) has announced that it has expanded its after-sale services in Iraq. During a visit by Karbala's Governor General, Aqil Al Tarihi, to the company's factory, Managing Director Hashem Yekke-Zare'a said: "In order to increase its market share ... [Iran Khodro] has diversified its export products to […]
