Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
The KRG's Ministry of Housing and Reconstruction is currently building a dual carriageway connecting Erbil to Haji Omaran. Parts of the road, which include tunnels and bridges, do not pass through the old path known as Hamilton Road. After the project is completed, the road between Erbil and Haji Omaran will become a dual carriageway. […]
By John Lee. TruckZone General Trading has been appointed sole distributor for Renault trucks in Iraqi Kurdistan. The company, a division of CarZone Trading Agencies, is currently also the agent for Nissan throughout Iraq. From its base in Erbil it will have full facilities to handle sales, servicing and parts for the full range of […]
By John Lee. Fadi Abboud, the former head of the Lebanese industrialists association, has told The Daily Star that Lebanon’s total exports to Iraq will see a sharp decline over the coming months due to the deteriorating security situation in the country. Adding that Iraq is the fifth-largest recipient of Lebanese products, he said that […]
By John Lee. Cargo flights to and from Erbil and Sulaimanya [Slemani] have reportedly been suspended. A spokesman for Emirates SkyCargo told Lloyd’s Loading List that the airline’s freighter flights to and from Erbil “have been temporarily suspended at the request of the Iraqi Civil Aviation Authority. However, Emirates [passenger] flights are operating as per […]
Prime Minister Nechirvan Barzani yesterday received the United Kingdom’s new Consul General to the Kurdistan Region, Mr. Angus McKee. They discussed the relationship between the United Kingdom and the KRG as well as current political issues. The Prime Minister congratulated the Consul General and wished him success in his new position. Consul General McKee expressed […]
The Head of the KRG Department of Foreign Relations (DFR), Minister Falah Mustafa, received the new British Consul General to Kurdistan Region, Mr Angus McKee. During the meeting which was attended by Ms Siham Jabali, Assistant Head of the DFR, Minister Mustafa congratulated Mr McKee on his new posting and expressed the DFR’s readiness to […]
By John Lee. The Provincial Council of Najaf has reportedly decided to boycott Saudi Arabian merchandise because of what it describes as Riyadh's support for sectarian and terrorist groups fighting in Iraq. The Media Director of Najaf's Provincial Council told AIN: "The merchants who will violate this decision will be punished after the period given […]
Canon Middle East has appointed Creative Force to expand its professional video business in Iraq. Focused on the broadcast and production industry, the collaboration is part of Canon's strategy of diversification into new business domains such as professional cinematography and pro-video. According to a BBC report, up to 97% of homes in Iraq have a […]
By John Lee. Minister of Foreign Affairs Mr. Hoshyar Zebari received on July 8, 2014, Mr. Ajay Kumar, the new ambassador of the Republic of India in Baghdad and received a copy of his credentials in a ceremony took place in the office of the ministry. The minister welcomed the guest praising the friendly relations […]
By John Lee. The Iraqi government is reportedly threatening to cancel the strategic framework agreement (SFA) it signed with the US in 2008, because of a delay in the supply of 36 F-16 fighter jets. Air Force Technology cites a U.S. official as saying that the plan to deliver the F-16s and Apache helicopters is […]
By John Lee. Israeli prime minister Benjamin Netanyahu (pictured) has expressed his support for Kurdish statehood, taking a position that appears to clash with the US preference to keep Iraq united. In a speech to a Tel Aviv thinktank on Sunday, Netanyahu called for the establishment of an independent Kurdistan as part of a broader […]
By John Lee. Middle East Monitor reports that the unrest in Iraq costs Jordanian industries approximately $113 million per month. The Chairman of Jordan's Small and Medium Enterprises (SMEs) Association, Fathi Jaghbir, said exports to Iraq have "almost stopped", adding: "The unstable situation in Iraq has damaged a large industry in Jordan. Iraq is one of […]
