Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Prime Minister Nechirvan Barzani yesterday chaired a meeting of the Kurdistan Region’s High Council for Investment to discuss various issues related to investment and the economy. In the meeting, implications of the current situation and the latest developments in the Kurdistan Region were discussed, as well as the economic crisis and the effects that Baghdad’s […]
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Underage and Trapped: Female Iraqi Factory Workers Need Help Shayma Hassan, 16, walks 2 kilometers (1.2 miles) each day to the brick factory in Bahr al-Najaf in the city of Najaf, […]
By John Lee. The Iranian FARS news agency reports that former Iranian Oil Minister Rostam Qassemi (pictured), who is now in charge of an economic body charged with improving Iran-Iraq trade ties, said Iran can double its non-oil exports to Iraq to $30 billion. Addressing a Joint Iran-Iraq Trade Conference in Tehran on Tuesday, Qassemi […]
By John Lee. Mantid International has formed a joint venture with architecture and engineering consulting firms Laceco and Allen & Shariff Consortio International to provide full service consulting services to the Governorate of Babil. The MLA joint venture was awarded the contract for $10.6 million, renewable for four years. The team will be responsible for […]
Minister for the Middle East Tobias Ellwood (pictured) visited Iraq with the Secretary of State for International Development, Justine Greening, and the Government’s Security Envoy to the Kurdistan Region of Iraq, Lieutenant General Sir Simon Mayall, to promote political unity in the country and to urge the immediate formation of a representative government. The delegation […]
By John Lee. Iraq was once the consumer of some 20% of Jordan's exports, but since the border between the two countries is now all but closed, this trade has dropped off dramatically. Al Jazeera has reported that the number of trucks crossing the border between the two countries has fallen from an average of 500 […]
The Minister of Foreign Affairs, Hoshyar Zebari, recently received Vladimir McKay, Minister of Foreign Affairs of the Republic of Belarus, at the headquarters of the Ministry of Foreign Affairs. During the meeting, they discussed bilateral relations between the two countries and the importance of expanding the horizons of cooperation in all fields in the forefront […]
By Patrick M Schmidt. Senior Officials in the Turkish ruling party announced that the country would do everything it could to ensure the security of the Kurdistan Regional Government (KRG). The announcement follows reports of Turkish fighter jets on patrol over the region. “As a strategic neighbor the stability and security of the Kurdistan Region […]
By John Lee. Turkey's Economy Minister, Nihat Zeybekçi, has said the ongoing crisis in Iraq could result in a $3 billion decline in Turkish exports to Iraq by the end of the year. After the Islamic State of Iraq and the Levant (ISIS, ISIL )seized Mosul in June, exports from Turkey began to decline dramatically. […]
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. ISIS has taken control of Iraq's largest hydroelectric dam, which provides power to Mosul. CNN's Nic Robertson reports:
By John Lee. The United Nations Security Council has unanimously approved resolutions extending the United Nations missions in Iraq and Cyprus, recognizing the vital role they continue to play in the maintenance of peace and security. The Council extended the UN Assistance Mission in Iraq (UNAMI) until 31 July 2015. In doing so, the 15-member […]
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