Archive | Iraq Industry & Trade News

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

Religious Business Names being Swapped for English

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. What’s in a Name: Religious Business Names being Swapped for Exotic English in Karbala In the Iraqi city of Karbala, a centre of religious tourism and learning, most retailers use religious […]

Turkish Foreign Minister visits Kurdistan to boost mutual relations

Turkey’s Foreign Minister, Ahmet Davutoglu visited Kurdistan during the week, where he met with President Masoud Barzani and the KRG Prime Minister, Nechirvan Barzani to discuss further strengthening relations between Turkey and the KRG; and to attend the Second Sulaimani Forum at the American University of Iraq – Sulaimani (AUIS). The Turkish Foreign Minister Ahmet […]

Kuwaiti Company to Clean up Basra

By John Lee. The Kuwait National Cleaning Company has reportedly won a three-year, 207-billion-Dinar contract to remove trash from Basra city. According to a report from Alsumaria, the company beat six competitors from Germany, Lebanon, Turkey and Iran. The Governor’s advisor for services, Mohamad Jaafar, said: "Al Basra’s Governor, Majed Al Nasrawi, reiterated on numerous […]

Another Kurdistan Success for the MEA

The UK's Middle East Association in association with British Expertise took a highly successful trade mission to Iraqi Kurdistan from 22nd-27th February, visiting Erbil and Slemani. Comprising 16 delegates representing 14 companies, it was supported by the Kurdistan Regional Government and was received warmly at the highest level. The packed programme included meetings with the […]

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US Firms Line Up for Kurdistan

By Judit Neurink. This article was originally published by Rudaw, and is re-published by Iraq Business News with their kind permission. American Firms Line Up for Kurdistan, as Erbil Mulls US Ties Roll in the American brands! A US delegation for franchise businesses will be visiting the Kurdistan Region of Iraq soon, to see if […]

Baghdad's "Financial Blockade"

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. Baghdad's Financial Blockade: Iraqi Kurdistan Talks Independence While Locals Strike Conflict between Baghdad and Iraqi Kurdistan over oil exports has resulted in something of a financial crisis in the northern region. […]

Trade with Sri Lanka up 80%

By John Lee. Trade between Sri Lanka and Iraq has risen 80 percent to $90 million, according to a report from Lanka Business Today. Sri Lanka exported goods valued at $ 89.80 million to Iraq and imported goods valued at $ 0.19 million from Iraq during 2013. Tea was the major export item to Iraq […]

Iraq's Tallest Hotel Opens

The opening of Grand Millennium Sulaimani Hotel in Sulaimani, Iraq, took place on March 2nd, 2014. VIPs, guests and media across the country witnessed the grand opening of what is to become the benchmark of hospitality in Kurdistan and Iraq, and an architectural landmark for Sulaimani. Grand Millennium Sulaimani is today the tallest hotel in […]

KRG Ministerial Visit to Portugal

The Head of the KRG Department of Foreign Relations, Minister Falah Mustafa, led the KRG's first ministerial delegation to Portugal, meeting with a number of key officials from the Portuguese Ministry of Foreign Affairs and Parliament and inaugurating the Business Association of Portugal - Kurdistan / Iraq. The KRG Representative to Spain, Mr. Daban Shadala, […]

KRG Visit Bolsters Relations with Spain

The Head of the KRG Department of Foreign Relations, Minister Falah Mustafa, conducted meetings with Spanish Foreign Ministry and Parliamentary officials and spoke at a think tank in an effort to further expand the growing relationship between the KRG and Spain. Iraq's Ambassador to Spain, Mr. Wadee al-Batti, and the KRG Representative to Spain, Mr. […]

Standard Chartered makes New Appointment for Iraq

By John Lee. Standard Chartered has announced the appointment of Ahmed Muallah as Managing Director and Head of its Wholesale Banking business in Iraq. Commenting on the appointment, Gavin Wishart, Chief Executive Officer, Standard Chartered Iraq said: “This appointment comes as another testament to our long term commitment to Iraq. Standard Chartered is bringing its best international financial business […]