Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Minister of Foreign Affairs, Hoshyar Zebari received on May 21, 2014, Ambassador of the Republic of the Russian Federation, Elia Morgnov. During the meeting, the Russian Ambassador congratulated the Iraqi people for the success of the legislative elections, hoping to achieve progress and prosperity of Iraq. The two sides discussed bilateral and […]
Prime Minister Nechirvan Barzani yesterday continued discussions on deepening Kurdistan-UK relations in meetings with the Mayor of London, Boris Johnson, the British Minister of State for International Development, Alan Duncan, and the British Parliamentary Under Secretary of State for Transport, Robert Goodwill. In each meeting officials from both sides emphasised the importance of exploring new […]
By John Lee. Foreign Minister Hoshyar Zebari has met the Ambassador of the People's Republic of China, Wang Yong. The Minister confirmed Iraq's participation in the Fourth Summit of the Conference on Interaction and Confidence-Building Measures in the Asia States to be held in Shanghai, China. Iraq participates in the conference with a delegation comprising […]
By John Lee. Johnson Controls, a global multi-industrial company, will supply "YORK" HVAC equipment and building automation solutions for five, 400-bed hospitals in Iraq. The order includes 21 YORK® YK centrifugal chillers, cooling towers, air handling units, and fan coil units. The technologies are designed to work together to deliver more energy and operational savings. […]
Dubai Investments PJSC [DI] has announced that Dubai Investments International – its wholly-owned subsidiary targeting overseas expansion, is currently tapping into business opportunities in Africa and Asia. As a first step in scaling up its overseas operations, DI International is targeting investments, joint ventures and strategic partnerships across Africa and Asia, and also eyeing commercial […]
By John Lee. A newly-opened Canadian trade mission in Erbil suggests that Kurdistan is seen as a land of opportunities for Canadian firms, reports Rudaw. After 25 years of absence, Canada opened a diplomatic mission in Baghdad in April 2013, and a new trade office in Erbil last February. Lynne Yelich (pictured), Canada’s Minister of […]
Foreign Minister, Hoshyar Zebari, discussed on May 13, 2014 with UNDP Country Manager, Adam Abdel Mawla, the programs and projects of the UN in Iraq. The UN representative stressed that all development programs will be run, from the beginning of next month inside Iraq, not from abroad, confirming that the organization will open a big […]
The South Korean Consul General to Kurdistan, Mr. Younhyon Kim, visited the KRG Department of Foreign Relations to meet with the Head of the DFR, Minister Falah Mustafa to bid farewell as his tenure in the region comes to an end. The meeting was also attended by the Assistant Head to the DFR, Ms. Siham […]
ZSCo, the company in Iskandariya [Alexandria] (50 kilometers south-west of Baghdad) in which Iran Khodro (IKCO) cars are assembled, is now producing at a rate of 10 cars per hour, according to an announcement from IKCO. The company's CEO said: "[The] Geographical proximity of Iran and Iraq is considered as a noticeable advantage for IKCO […]
The Head of the KRG Department of Foreign Relations, Minister Falah Mustafa has received the Ambassador of the Republic of Tunisia, Mr. Samir Jamae Abdullah. The meeting revolved around ways of strengthening bilateral ties particularly in the areas of trade and economy. On his first visit to Kurdistan, Ambassador Abdullah praised the region’s economic development […]
By John Lee. The United Nations Compensation Commission has paid $990 million to Kuwait resulting from Iraq's 1990 invasion of the country. The payment brings the total paid so far to $45.5 billion, leaving approximately $6.9 billion remaining to be paid. (Source: United Nations Compensation Commission) (Dollars image via Shutterstock)
In partnership with the Swedish Institute in Alexandria and Casa Árabe in Cordoba, Wilton Park held a conference entited Women in the private sector in the Middle East and North Africa recently in Spain. The conference identified the opportunities and constraints in women’s economic involvement and economic empowerment in the private sector in the MENA […]
