Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. The Iraqi Ambassador to Malaysia, Prof. Dr. Basim Hattab Al-Tumma, has said that there are "tremendous opportunities" for Malaysian companies in the field of oil and gas exploration, infrastructure development, commodity trading, halal food and other consumer items. He said Iraq was looking forward to seeing Malaysia, a "brotherly Muslim country", assisting […]
By John Lee. South Korea has become the third largest supplier of beer to Iraq, with exports to the country reaching 6,384 tons, or US$4.48 million, last year. This puts South Korea behind Hong Kong (55,484 tons) and China (20,112 tons). Four years ago, South Korea ranked as the country’s seven-largest beer exporter. According to […]
Baroness Emma Nicholson of Winterbourne, UK Trade Envoy for Iraq and Iraq Britain Business Council’s (IBBC) Chairman, highlighted on Tuesday the fact that “despite the heavy competition from major industrial countries such as Turkey, China and South Korea there are plenty of contracts and good partnerships being forged by British companies in the Iraq’s Kurdistan […]
By John Lee. Turkey is to send a power-generation ship to Basra to help alleviate its electricity shortages. The announcement was made by Turkish Energy Minister, Taner Yildiz, on Sunday during the 17th Turkey-Iraq Joint Economic Commission meeting in Baghdad. According to Worldbulletin, the ship will add 410 megawatts to the existing capacity of 250 MW […]
By John Lee. An Iranian company has struck a $40-million deal with Iraq for the supply of high voltage cables. Alireza Kolahi, the Managing Director of Abhar Cable & Wire Co., said the contract was won despite competition from Malaysia, South Korea, Turkey, Italy, Germany, Switzerland, UAE and Saudi Arabia. He said the Iraqi electricity industry […]
The new German consul general to Erbil, Dieter Lamle, visited the KRG Department of Foreign Relations on Monday to introduce himself and to discuss latest developments with Minister Falah Mustafa, Head of the KRG Foreign Relations. In welcoming Mr Lamle, Minister Mustafa stated that the Kurdistan Region strongly values its ties with Germany and praised […]
The Ambassador of the Republic of Latvia to Turkey, Iran, and Iraq, Mr. Atis Sjanits, visited the KRG Department of Foreign Relations on Monday to discuss political, security, and humanitarian developments in Kurdistan and the wider Region. In his first visit to the Kurdistan Region, Ambassador Sjanits commended the KRG for the security and stability […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In Iraq, some of the heaviest fighting between ISIL fighters and Kurdish Peshmerga forces is taking place outside Erbil, the capital of the autonomous Kurdish region. But people in the city itself enjoy […]
A high ranking delegation from the Ministry of Foreign Affairs of the Kingdom of Saudi Arabia, headed by Mr. Abdul-Rahman al-Shahri, visited Kurdistan Region to prepare the opening of the Saudi Arabian Consulate in Erbil in a near future. In a meeting held yesterday with the Kurdistan Region Prime Minister, Nechirvan Barzani, Mr. al-Shahri stated […]
By John Lee. Foreign Minister Dr. Ibrahim al-Jaafari received on 15th January the Chinese ambassador to Iraq, Mr. Wang Yong. Dr. Jaafari hailed the Chinese support for Iraq in its war against terrorism through its humanitarian assistance to the displaced people, pointing out that Iraq is looking forwards to establishing better relations with China, and […]
His Excellency the Governor of Basra, Dr Majid Al-Nasrawi, together with representatives of the Basra Provincial Council, Mr Aqeel Al Khalidi, Mr Hayder Al Saadi, Mr Jabbar Al Saadi, and Mr Munther, joined the Chairman of the Iraq Britain Business Council (IBBC), Baroness Emma Nicholson, in a dinner at the new Shams Hotel on the […]
By John Lee. The Speaker of the Iraqi parliament, Salim al-Jabouri (pictured), has said that Iraq's relations with Turkey are key to stability in Iraq and the Middle East. Speaking ahead of his planned visit on Sunday, he told The Anadolu Agency that Turkey was a "very important country for Iraq and Iraqis ... If we […]
