Archive | Iraq Industry & Trade News

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

Short Term Investment Essential for Long Term Benefit

By John Lee. Delivering the keynote speech to the Al-Kindi Society for Engineers forum -- The Role of Engineering during Iraq's Crisis -- in London at the weekend, Baroness Emma Nicholson of Winterbourne (pictured) emphasised that short term investment in Iraqi infrastructure was essential for the long term benefit of the country. Baroness Nicholson, who […]

Germany Continues Support to KRI

Kurdistan Region Prime Minister, Nechirvan Barzani, has welcomed Germany’s Defence Minister, Ursula von der Leyen and her accompanying delegation in Erbil, which included a number of military and political officials, a number of members of the German Bundestag, German Ambassador to Iraq and the German Consul General to the Kurdistan Region. The German Defence Minister […]

Sweden to Strengthen Ties with Kurdistan

Sweden’s Minister for Foreign Affairs, Margot Wallstrom, received Minister Falah Mustafa, Head of the KRG Foreign Relations, on Monday to discuss bilateral ties and latest humanitarian and security developments in Kurdistan and the wider region. In welcoming Minister Mustafa and his accompanying delegation, Foreign Minister Wallstrom said, “We enjoy excellent relations with the Kurdistan Region […]

Iraq Duty Free Posts Strong Growth

By John Lee. Iraq Duty Free has reported a 16 percent increase in sales in 2014, despite the security crisis that forced the operation’s closure between June and September. The company, which operates the duty free business at Baghdad International Airport, attributed the growth to "renovation of points of sales, increased retail space and modern […]

Bridgestone Appoints Zantrak as Iraq Distributor

By John Lee. Tyre-maker Bridgestone has announced today that it has appointed Zantrak International s.a.l. as its first sole distributor in the Republic of Iraq. Under this agreement, Zantrak International will exclusively distribute Bridgestone brand tires and tubes in Iraq for trucks and buses, light trucks and passenger cars as well as for industrial, motorcycle […]

Noor: Managing an All-Male Team for GE

By Duraid Adnan. This is an extract from an article originally published by Nina Magazine, and is reproduced here with permission. An inclusive working environment is one where everyone feels valued. Individual relationships are of course at the heart of positive partnerships, but the employer must also foster an environment that supports collaboration – between […]

New KRG Representative to United States

Bayan Sami Abdul Rahman yesterday began her mission as the Representative to the United States of America. Minister Falah Mustafa Bakir, Head of the Department of Foreign Relations, met with Ms Abdul Rahman and the staff of the Kurdistan Regional Government Representation in Washington DC to officially declare her as the new representative and to […]

Al-Abadi Calls for Australian Support

By John Lee. Prime Minister Haider Al-Abadi received the Australian Prime Minister Tony Abbott at his office on Sunday, and called on Australia to increase its militarty support to Iraq. The Australian PM expressed his readiness to support to Iraq in "military and training fields", according to a press releasee from the Iraqi PM's office, […]

China Opens Consulate in Kurdistan

In the presence of Prime Minister Nechirvan Barzani, China’s Vice Foreign Minister, Zhang Ming, officially opened China’s consulate general in Erbil today. Prime Minister Barzani in his speech applauded the decision of the government of China to open its consulate general in Erbil. He said: “Opening the consulate general of the People’s Republic of China […]

Iraq Reduces Tolls on Jordanian Trucks

By John Lee. The Jordanian news agency Petra reports that the Iraqi government has reduced the fee charged on all Jordanian trucks entering the country from $2,200 to $700. It also quotes a spokesman of the Jordanian Agriculture Ministry, Nimer Haddadin, as saying that Jordanian trucks were entering and exiting Iraq without obstacles, and denying […]

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