Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Inside IS’ Mosul: No Fuel, New Fashions and Banned Christian Water Workers It has been several weeks since Sunni Muslim extremists took over the northern Iraqi city of Mosul. Locals […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Turkish truck drivers continue to make the voyage to Iraq despite the country's volatile state. Iraq is Turkey's second largest export market and despite the dangers, it remains an important source of trade. […]
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 […]
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 […]
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 […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Fear of getting caught up in violence and difficulty getting visas to Iraq are affecting businesses in Jordan.
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The shutdown of Iraq's biggest refinery, roads blocked by fighting, and skyrocketing demand have created the worst fuel crisis in years in the country's semi-autonomous Kurdish region.
By John Lee. The Turkish Energy Minister Taner Yildiz (pictured) said on Friday that Turkey is to sell an additional 4,000 tons/day of refined oil to Iraq in an attempt to ease the shortages caused by the current unrest, and in particular by disruption to production at Baiji [Bayji] oil refinery. He told reporters Turkey […]
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 […]
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 […]
