Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
By John Lee. Iraq has joined more than 30 countries in banning poultry imports from the United States because of bird flu, following the worst outbreak of avian influenza in US history. Bloomberg reports that the ban, announced on Wednesday, is to last for three months. Figures from the US Department of Agriculture (USDA) show […]
By John Lee. As part of its on-going review of compliance with anti-money-laundering (AML) and countering the financing of terrorism (CFT) standards, the Financial Action Task Force (FATF) has singled out Iraq as a "jurisdiction not making sufficient progress." In a statement, the FATF has said: "Despite Iraq’s high-level political commitment to work with the FATF and MENAFATF […]
By Lemya Ayub. This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. Melad Hamed – The Cutting Edge Fashion Designer with a Heart of Gold Melad Hamed, is well-known in Iraq and across the Arab world as the cutting edge fashion designer with a heart of […]
Austria’s Minister for Foreign Affairs, Sebastian Kurz, received Head of the Kurdistan Regional Government, KRG, Department of Foreign Relations, Minister Falah Mustafa and his accompanying delegation on Friday. During the meeting, which was attended by KRG Representative to Austria, Both sides spoke in detail of the latest military developments in the fight against ISIS, the […]
By Simon Kent. Belgium has announced plans to open a consulate in Erbil, capital of the semi autonomous Kurdish region in Iraq. In a sign of deepening ties between the KRG and Belgium, the central EU nation also announced they would provide hospital treatment for injured Peshmerga soldiers. The Peshmerga are the armed forces of […]
