Archive | Iraq Industry & Trade News

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

Zebari Receives Hungarian Ambassador

Minister of Foreign Affairs Mr. Hoshyar Zebari received on July 3, 2014, at the headquarters office of the ministry, Mr. Tibor Stmari Hungarian Ambassador in Iraq. During the meeting, they discussed bilateral relations between the two countries. The Minister stressed that Iraq is looking forward to the evolution of the historical relations between the two […]

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Saudi Pledges $500m in Aid

By John Lee. An official source at the Saudi Arabian Ministry of Foreign Affairs has said that King Abdullah bin Abdulaziz Al Saud has ordered  $500 million of humanitarian aid for Iraqi people affected by the recent tragic events, including displaced people, regardless of their religious, doctrinal or ethnic affiliations. The United Nations Secretary General […]

SI Retail Opens First Auchan Store in Erbil

On Wednesday, June 25th 2014, the first hypermarket under the French Auchan banner was opened in the Kurdistan Region of Iraq. This 6,000 sqm store is part of a 106-shop mall, located near the center or Erbil [Hewlêr]. The opening of this store is based on a franchise agreement between the Auchan Group and SI Retail, one […]

Japan to set up Office in Erbil

By John Lee. Japan is to set up a temporary diplomatic office in Erbil, to ensure the safety of Japanese residents and visitors in the Kurdish region. Foreign Minister Fumio Kishida (pictured) said at a press conference: "Japanese residents in Baghdad and elsewhere in Iraq have temporarily been staying in Erbil where public order is […]

Iraq 3rd Last in Good Country Index

By John Lee. Iraq has been ranked in 123rd position out of 125 countries in the newly-devised Good Country Index, placing it just ahead of Vietnam and Libya. The idea of the Good Country Index is to measure what each country contributes to the common good of humanity, and what it takes away. Using a […]

Kurdistan Region: Business Workshop in London

The Kurdistan Regional Government UK Representation has announced that British Expertise will host a workshop on doing business in Kurdistan on 8th July, in advance of its trade mission to Erbil and Dohuk in September. This special workshop includes case studies from companies that have undertaken or won projects in Kurdistan. Lyn Edwards, Senior Partner […]

KRG Prime Minister Barzani Outlines Priorities

The eighth cabinet of the Kurdistan Regional Government was announced at a special session of the Kurdistan Parliament held on 18 June 2014. Prime Minister Nechirvan Barzani, Deputy Prime Minister Qubad Talabani, and all cabinet ministers were sworn into office. In a speech outlining the programme of the eighth cabinet, Prime Minister Barzani stated that […]

Kurds Seize Control of Border Crossing

By Wladimir van Wilgenburg for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdish peshmerga forces have seized most of the borders that divide the landlocked Kurds between Iraq and Syria, with increasing public support from both sides of the border. ]Kurds in several cities in […]

Foreign Minister Meets British Trade Envoy

By John Lee. Foreign Minister, Hoshyar Zebari, discussed Iraqi - British relations at a recent meeting with the British Minister of State for Foreign Affairs, Hugh Robertson. Theyy also reviewed the latest political and security developments, especially the attacks of the terrorist and armed groups (Islamic State in Iraq and Sham ISIS, DAASH, and the remnants […]