Archive | Iraq Industry & Trade News

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

Iraq Reduces Tolls on Jordanian Trucks

By John Lee. The Jordanian news agency Petra reports that the Iraqi government has reduced the fee charged on all Jordanian trucks entering the country from $2,200 to $700. It also quotes a spokesman of the Jordanian Agriculture Ministry, Nimer Haddadin, as saying that Jordanian trucks were entering and exiting Iraq without obstacles, and denying […]

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Kuwait, Iraq Strengthen Ties

By John Lee. The Kuwaiti deputy prime minister, Sheikh Subah Al-Subah [Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah], arrived in Baghdad on Sunday for an official visit. The two sides discussed the promotion of relations between the countries, and the efforts to fight terrorism. Sheikh Al-Subah said that Iraq represents a basic pillar to stabilize the region, […]

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PM Al-Abadi Meets Jordanian Counterpart

By John Lee. Prime Minister Al-Abadi discussed with the Jordanian Prime Minister the current political and security situation in Iraq and the region, as well as the importance of strengthening bilateral relations between the two countries. They also discussed bilateral cooperation in the fight against terrorism and cooperation in sectors such as economy, trade, agriculture, […]

Economic Activity Up Following Agreement

After easing almost a year of financial crisis and terrorism threat, the Kurdistan Region last week hosted the 10th Erbil International Fair attended by 250 companies from 16 countries. In the wake of initial agreement between Erbil and Baghdad to resolve oil export and budgetary issues, and of security advances to halt the ISIS threat, […]

Germany Continues to Encourage Investment in KRI

Kurdistan Regional Government Prime Minister, Nechirvan Barzani, on Monday received Mr. Georg Enzweiler, on the occasion of his appointment as Germany’s new Consul General to the Kurdistan Region. Mr. Enzweiler expressed his pleasure to be appointed as his country’s Consul General to Kurdistan Region and hoped to further develop bilateral relations between Germany and the […]

PM al-Abadi meets Iraqi Businessmen in UAE

By John Lee. Prime Minister Dr. Haider Al-Abadi met a number of locally-resident Iraqi businessmen in Abu Dhabi earlier this week. He listened to the views, observations and suggestions delivered by the investors related to the laws and travel procedures that should be facilitated, in addition to the significance of providing a suitable environment for […]

FM al-Jaafari Meets Iranian President

By John Lee. Foreign Minister Dr. Ibrahim al-Jaafari recently met the President of Iran, Mr. Hassan Rohani, in Tehran. The Minister was in the city to participate in an international conference on violence and extremism. He said that Iraq is progressing steadily, and it is important to clarify issues of common interest between it and […]

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British Business Group Kurdistan (BBGK) Launched

The British Business Group Kurdistan (BBGK) held its launch reception on Wednesday 10th December in the fabulous setting of the Jaguar Land Rover Showroom in Erbil. The event was attended by business people, members of the diplomatic community and representatives from the Kurdistan Regional Government. The BBGK was recently established as it was felt there […]

PM Al-Abadi Arrives in UAE

Prime Minister Dr. Haider Al-Abadi and his accompanying delegation arrived in Abu Dhabi on Monday morning, and were welcomed at the presidential airport by His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, and the head of the mission of honor Dr. Sultan […]

Iraq Economy to Shrink by Less than Expected

The International Monetary Fund (IMF) has issued its findings following a recent visit to Iraq. End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the […]

PM Abadi: Corruption as Dangerous as Terrorism

By John Lee. On a recent visit to the holy city of Karbala, Prime Minister Haider Al-Abadi described the existence of "ghost" soldiers as a crime on two fronts - the theft of public money and the breach in security which led to the murders of innocent people. He described the efforts of the Ministry of […]

Hana Sadeq: An Iraqi Success Story

By Sana Bekki. This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. I met with Hana Sadeq, the Ambassador of Arab fashion in Amman. Hana’s kaftans and abayas represent business success. However, by opening a window to the all-too-often hidden charm of Arab women, she has […]