Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
By John Lee. Zawya reports that exports of fruit and vegetables from Jordan to the Iraqi market are increasing. A spokesperson for the Agriculture Ministry said Jordan exports 3,800 tonnes of produce to the Iraqi market daily, giving the example of six refrigerated trucks carrying 300 tonnes of peaches, which arrived in Iraq on Wednesday. […]
By John Lee. India's Diamond Power Infrastructure has reportedly won a $14.5-million (16.9 billion Iraqi dinar) order to supply 4,600 kms of Aerial Bunched Cables to Iraq. The cables are to be supplied over a period of 8 months, starting in September 2015. Shares in the company were trading up 10 percent on Friday. (Source: […]
The Basra Industrial Community (BIC) has welcomed MEOSAT as a new resident company. Residents of BIC now have access to the fastest, most secure and most stable high-speed satelite internet in southern Iraq. MEOSAT is the only active authorized distributor of O3B in Iraq and has just completed testing. O3B provides high-speed internet via a system […]
By John Lee. On Sunday, Prime Minister Haider al-Abadi received the new Minister of Industry, Mohammed al-Darraji [Daraji, Derraji]. Al-Darraji takes over from Naseer al-Issawi, who submitted his resignation at the request of his political bloc, the Ahrar bloc of the Sadrist movement. He served as Minister for Housing and Reconstruction in the previous al-Maliki administration. […]
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi Military Industry Commission (MIC) has a tragic story. Iraq developed its local military industry during the Iran-Iraq War, but in 1991, the international coalition — which was established in 1990 […]
By Omar al-Jaffal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi army, backed by the Popular Mobilization Units, has been engaged in war for more than a year now against the Islamic State (IS, ISIS, ISIL). There do not seem to […]
By John Lee. The Ambassador of Belarus to Turkey and Iraq (non-resident), Andrei Savinykh, is paying a working visit to Baghdad this week. On 1 July he held meetings with Iraqi Minister of Health, Adila Hammoud Hussein, and with the Iraqi Foreign Ministry. During the meeting with Adila Hammoud Hussein the parties discussed the possibility […]
