Archive | Iraq Industry & Trade News

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

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 […]

Tags:

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 […]

KRG Appoints New Representative to the US

The Kurdistan Regional Government Council of Ministers has appointed the current KRG Representative to the United Kingdom, Ms. Bayan Sami Abdul Rahman, as the new KRG Representative to the United States of America. Commenting on this decision, the Head of the KRG Department of Foreign Relations, Minister Falah Mustafa said: “Based on the KRG’s policy […]

FM Praises French Assistance against IS

By John Lee. Foreign Minister Dr. Ibrahim al-Jaafari met the French Defense Minister, Jean-Yves Odrian, during a visit to Manama. The Minister praised France's position in the war against terrorism and its support for Iraq, in addition to mobilizing European public opinion against ISIS, describing the French support as "powerful and influential". For his part, […]

KRI "has Preserved its Economic Position"

Dara Jalil Khayat, Chairman of the Kurdistan Federation of Chambers of Commerce and Industry said, “Despite the recent challenges, Kurdistan Region has preserved its economic and trade position. The Kurdistan Region has become an important centre for trade in Iraq and the overall region thanks to its security and stability.” Dara Khayat told KRG.org that […]

Iraq Improves Transparency Ranking (Slightly)

By John Lee. Transparency International has said that Iraq has risen one place in its global Corruption Perceptions Index (CPI). From at total of 175 countries, Iraq came in at number 170, slightly better than last year's position of 171. This result puts it ahead of countries such as Afghanistan, South Sudan, and Somalia (which […]

Bulgaria to Open Consulate in Erbil

The Head of Trade and Economic Section of Republic of Bulgaria in Erbil, Mr. Dimitar Ougrinov, today met with the KRG Head of Department of Foreign Relations, Minister Falah Mustafa to discuss bilateral ties and the latest developments. Mr. Ougrinov announced that Bulgaria places great importance on enhancing relations with the Kurdistan Region and stated […]

KRG Welcomes Czech Foreign Minister

Kurdistan Region President Masoud Barzani welcomed the Czech Republic’s Minister of Foreign Affairs, Lubomír Zaorálek, on Thursday. In a meeting in Erbil, the President and the Czech Foreign Minister discussed strengthening bilateral relations and military support by the Czech Republic to Iraq and Kurdish peshmerga forces. Foreign Minister Zaorálek, who was accompanied by his country’s […]