Archive | Iraq Industry & Trade News

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

Lebanese firm Launches $80m Amarah Project

By John Lee. A Lebanese company has launched a major construction project in Maysan governorate. Hariri Construction and Contracting Company (HARCO) was awarded the $80-milllion 'Luluat Al Amarah' (Pearl of Amarah) contract in late 2014, and has just started excavation at the site. It involves the construction of a five-star 16-storey hotel with 192 rooms, […]

IBBC Spring Conference: "Iraq 2015: Realising Potential"

The Iraq Britain Business Council (IBBC) Spring Conference 2015 will be held at the Mansion House on the 1st June and the Royal Overseas League on the 2nd June. Baroness Nicholson of Winterbourne, IBBC Executive Chairman and UK Trade Envoy for Iraq, the Executive Committee and Council Members, will welcome distinguished speakers such as H.E. […]

OFFTEC Opens First Branch in Iraq

Jordanian-based OFFTEC, a subsidiary of OFFTEC Holding Group, announced the opening of its first branch in Iraq. Located in the city of Erbil, the new branch further builds on OFFTEC 's growing network, which encompasses multiple branches across Jordan, Palestine and Sudan, all of which specialize in the provision of innovative business and technology services […]

Imported Goods Crowd Out Local Production

By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Qasim al-Rubaie, a teacher from Babil province, told Al-Monitor in front of a grocery store, “You will not find any Iraqi grown vegetables and fruits. Instead you'll find imported goods from Jordan, […]

Cyprus to Open Office in Erbil

Minister for Foreign Affairs of the Republic of Cyprus, Ioannis Kasoulides, received Minister Falah Mustafa on Thursday to discuss bilateral ties between the Kurdistan Region and the Republic of Cyprus as well as latest developments in the wider region. In welcoming Minister Mustafa and his accompanying delegation, Foreign Minister Kasoulides said, “We are determined to […]

France Considers Projects in Wassit

By John Lee. The French Consul General has reportedly said the French companies are interested in investing in Wassit Wasit] on a deferred payment basis. The Governor of Wassit province, Malik Khalaf, told AIN that during a visit to the province the Consul General discussed infrastructure projects including the building of roads and bridges, the […]

Armenia to Open Consulate in Erbil

Kurdistan Region Prime Minister, Nechirvan Barzani, has received Mr. Levon Sargsyan, Ambassador-at-large and Special Envoy of the Armenian Government, and Mr. Karin Gregorian, Ambassador of Armenia to Iraq. Mr. Sargasyan conveyed the greetings of the President and Prime Minister of Armenia to Prime Minister Barzani and stressed his country’s desire to build solid ties with […]

Iraq Wants to Attract more Brazilian Companies

Iraq wants to expand the presence of Brazilian companies in its market. That was the theme of the visit made by Adel Alkurdi, ambassador of the Arab country in Brasilia, to the Arab Brazilian Chamber of Commerce in São Paulo this Thursday (19th). The diplomat was welcomed by the president of the Arab Chamber, Marcelo […]

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Belarus, Iraq to Cooperate on Healthcare, Education

By John Lee. On Tuesday, the Head of the Belarusian Ministry of Foreign Affairs' Africa and Middle East Department, Igor Leshchenya, had a meeting with the Iraqi Ambassador to Belarus, Haidar Hadi. The sides discussed the whole range of issues, including steps to further strengthen relations between the countries. In particular, they identified possible measures […]

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Japan Continues to Assist KRG

Minister Falah Mustafa, Head of KRG Department of Foreign Relations today received Mr. Kentaro Sonoura, Parliamentary Vice-Minister for Foreign Affairs of Japan and his accompanying delegation to discuss latest developments and bilateral ties. Minister Mustafa briefed the Vice-Minister on the military, humanitarian, and economic challenges facing the Kurdistan Region as well as the political process […]

Poll: Does Iran have too much Influence on Iraq

Iran's increasing influence on Iraq is very obvious, commercially, politically and militarily, but did the Saudi Arabian Foreign Minister go too far in claiming that "Iran is Taking Over Iraq"? The claim has been rejected by Iraq's Foreign Minister, who also pointed to his country's improving relations with Saudi Arabia. But what do, our readers, […]

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