Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
A high-level Jordanian delegation headed by the Prime Minister of Jordan, Mr. Abdullah Alnusur, arrived on December 25th accompanied by eight ministers and a number of senior advisers. The delegation was received at the airport in Baghdad, by Foreign Minister Hoshyar Zebari and Minister of Youth and Sports. A formal reception took place at the […]
A Russian thinktank has predicted that China will be the fourth biggest buyer of weapons from Russia between 2013 and 2016, falling from the second place it held during the 2005 to 2013 period, according to a China Times. The Center for Analysis of World Arms Trade stated in a report released on Dec. 13 […]
By John Lee. Foreign Minister Hoshyar Zebari has opened the new Iraqi embassy in Abu Dhabi , capital of the brother United Arab Emirates with the participation of His Highness Sheikh Abdullah Bin Zaied Al Nuhaiyan, UAE Minister of Foreign Affairs, senior officials, members of the Arab and foreign diplomatic corps and a group of […]
The Head of the KRG, Department of Foreign Relations, Minister Falah Mustafa, recently welcomed the non-resident Canadian Ambassador to Iraq, Bruno Saccomani, to discuss the ways in which both sides can work together more closely. This visit follows a similar visit by the Canadian Ambassador to Kurdistan this past October. The meeting was attended by […]
The Head of the KRG Department of Foreign Relations, Minister Falah Mustafa, has welcomed the new Ambassador of the Kingdom of Netherlands, Jeannette Seppen where they discussed a wide range of issues related to further strengthening ties between both sides. The Assistant Head of DFR, Siham Jabali and the Head of the Dutch Embassy Liaison […]
The Iraqi government has reportedly approved a $256-million submission from Dutch shipbuilder Kuipers to supply it with eight cargo ships. The eight vessels, comprising three 55,000 dwt bulkers, three 1,200 teu container carriers, and two 18,000 dwt multi-purpose vessels, are due for delivery two years from the date of signature of a final contract. According […]
South Korea's Hanwha Chemical Corporation has announced that it has signed a letter of intent (LOI) to build a petrochemical plant in Iraq. South Korean news agency Yonhap reports that the LOI was signed in Seoul by the president of Hanwha Chemical, Bang Han-hong (pictured), and Iraq’s Deputy Minister of Industry, Mohammad Zain. Hanwha will build […]
By John Lee. Dubai-based MAG Container Lines (MCL), a division of the multinational MAG Group, has added three new automated vessels to its existing fleet on the UAE-Iraq route. According to the report from TradeArabia, the addition of the Al Hussein, MAG Bride (pictured) and MAG Pearl boosts the company's potential capacity on the route by 60 […]
The Chief Representative of Japan International Cooperation Agency (JICA), Shohei Hara, met with the Head of the Department of Foreign Relations, Minister Falah Mustafa, on Tuesday to discuss JICA’s new projects in the region as well as other areas of mutual interest. The meeting was also attended by the Assistant Head of the DFR, Siham […]
By John Lee. The Iraqi government of has approved plans to build a $472-million industrial city in Anbar Governorate. According to Zawya, a spokesman for the General Directorate for Industrial Development (GDID) said the contract to develop this project has been awarded to the State Company for Industrial Design and Construction (SCIDC). Dedicated to small […]
A trade delegation representing companies from the United States, Europe, the Middle East and Asia met with the Governor of Karbala as well as members of the Provincial Council last week. The companies presented their capabilities and discussed with officials and technical experts of the provinces a wide range of economic and social development and […]
By John Lee. The Basra Investment Commission has reportedly approved a number of projects including the construction of a 25-storey hotel and a shopping mall. According to a report from Zawya, Commission Chairman Ali Gasib said the luxury hotel would be located near the Shatt Al Arab river, while the shopping facility would be situated […]
