Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Agility’s GCC Services subsidiary in Basra has received the ISO 9001 certification, making it the first integrated remote site services company in the city to receive the certification. The United Kingdom Accreditation Service (UKAS) accreditation certificate was given following a site audit conducted by Bureau Veritas. TradeArabia reports that the Iraq unit […]
The International Finance Corporation (IFC), a member of the World Bank Group, is investing up to $18 million in Saudi dairy company Al Safi Danone’s Iraq-based subsidiary, to expand its operations in order to improve domestic food security, boost Iraq’s non-oil sector, and reduce its reliance on imported dairy products. IFC’s long-term investment, which is […]
By Samar Rassam, CEO of Somer Industrial Projects (SIP). This is an extract from an article originally published by Nina Iraq, and is reproduced here with permission. As always, when returning to my column in Nina Magazine, I reflect on the past few months. It has been a very busy time. I am excited to […]
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. Iraq's Canning Can't: Too Much Competition For What Was Once Karbala's Biggest Business Once canning foods and juices was one of the biggest businesses in Karbala. Today, under pressure from […]
By John Lee. The Iraqi government has been undertaking "a series of policy twists to restrict the exports of poultry products from Turkey." The chairman of the Turkish Poultry Promotion Group, Müjdat Sezer, part of the country’s Ministry of Economy, told GlobalMeatNews: "Iraq decided to stop all imports of full chickens from Turkey. We don’t know […]
By John Lee. Foreign Minister, Dr. Ibrahim Al Jaafari, received the Japanese Ambassador to Iraq, Kazuya Nashida, in Baghdad this week. Minister Jaafari referred to the role played by Japan in Iraq in the investment field and supporting the Iraqi government's efforts in countering terrorism, appreciating the humanitarian assistance provided by the Japanese government to […]
By John Lee. On his official visit to the United States, Prime Minister Haider al-Abadi met a group of CEOs and chairmen of major US corporations in Washington on Tuesday. According to a statement from the PM's office, the business leaders shared their respective visions on assisting Iraq and on solutions to Iraq's economic and financial […]
By John Lee. Prime Minister Haider Al-Abadi chaired a meeting of the ministerial crisis unit on Sunday, attended by the ministers of Oil, Finance, and Planning, and by the governor of the Central Bank and a number of advisors and specialists. Abadi emphasised the importance of stimulating economic growth to compensate for the drop in […]
Foreign Minister Ibrahim Al Jaafari arrived in the Belarusian Capital, Minsk, on Wednesday on an official visit upon an invitation from his Belarusian Counterpart, Vladimir Makei. Minister Jaafari stressed that the aim of the visit is to bolster Iraqi-Belarusian relations as part of the Iraqi foreign policy due to the joint interests in addition to […]
By John Lee. Karbala [Kerbala] governorate is reportedly planning to build an industrial city to attract local and foreign capital into the manufacturing sector. The province's deputy governor, Jassim Al-Fatlawi, has said that an agreement has been signed with the Ministry of Industry to create the infrastructure. Karbala’s government is to allocate the land for […]
Iraqi border authorities have blocked the entry of 75 Jordanian trucks, loaded with vegetables and fruit, citing the start of the harvest season in Iraq, Saadi Abu Hammad, president of Jordan Exporters and Producers Association for Fruits and Vegetables, said on Saturday. Hammad told Petra that all the produce was damaged since the trucks had […]
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. Missing Millions? The Mystery of Iraqi Kurdistan's Border Taxes Money collected at Iraqi Kurdistan’s borders with Iran and Turkey should amount to hundreds of millions of dollars for the cash-strapped […]
