Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
By John Lee. The Czech Foreign Minister, Lubomír Zaorálek and Deputy Defense Minister, Tomáš Kuchta, is to visit Iraq this week with a delegation of businesspeople to boost business deals, mainly in the defense sector. “Negotiations about the supplies of aviation technology, the pilots' training and the armoring of helicopters are underway there,” Kuchta told […]
By John Lee. Iraq has been ranked 156th out of 189 countries in the World Bank's recent Doing Business 2015 report. Top of the list were Singapore, New Zealand and Hong Kong, with last place going to Eritrea, just behind Libya and the Central African Republic. Doing Business measures regulations affecting 11 areas of the […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A Bigger Threat Than The Extremists: Iraq On Verge Of Economic Collapse? The high cost of fighting the extremist Islamic State group, the worldwide decrease in oil prices, corruption and […]
