Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq has been ranked 156th out of 189 countries in the World Bank's recent Doing Business 2015 report. Top of the list were Singapore, New Zealand and Hong Kong, with last place going to Eritrea, just behind Libya and the Central African Republic. Doing Business measures regulations affecting 11 areas of the […]
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. A Bigger Threat Than The Extremists: Iraq On Verge Of Economic Collapse? The high cost of fighting the extremist Islamic State group, the worldwide decrease in oil prices, corruption and […]
By Padraig O'Hannelly. A recent report from Al Monitor highlights the shocking number of official and unofficial holidays in Iraq, and the affect that this is having on commercial activity and education. But that's just part of the picture. Due to its plentiful oil reserves, many would consider Iraq to be an example of a […]
By John Lee. KRG Prime Minister and President of the Economic Council, Nechirvan Barzan, conducted a meeting on Monday of the Economic Council of the Kurdistan Region. Import and export systems, customs pricing, and raising professional standards of staff at border crossings were reviewed. To enhance capacities of Kurdistan Region border staff, increased coordination with […]
By Shukur Khilkhal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Given the many official and unofficial holidays in Iraq, the country seems to be almost on permanent vacation throughout the year. Schools find themselves unable to complete their curricula, while economists warn against a recession […]
Special envoy of the Government of India, Ambassador Suresh K Reddy visited the KRG Department of Foreign Relations to discuss latest developments and the opening of India’s Consulate General in Kurdistan. Ambassador Reddy appreciated the continued support of the DFR for the Indian mission in Iraq and pledged to continue working with the Kurdistan Region […]
By John Lee. Foreign Minister, Dr. Ibrahim Al Jaafari, stressed that the strategic priorities of the Iraqi diplomacy is to restore Iraqi-Arab relations to normal, calling for intensifying efforts and cooperation to eradicate terrorism, which today constitutes a threat to all countries in the region. These statements came during the official visit carried out by […]
A high level Hungarian delegation headed by Mr István Mikola, State Secretary of the Ministry of Foreign Affairs and Trade, arrived in Erbil yesterday to officially open the Consulate General of Hungary and to discuss bilateral ties with the Kurdish leadership. During the two-day visit, the Hungarian delegation held meetings with President Masoud Barzani,Prime Minister […]
By John Lee. Middle East Monitor reports that businesses in Jordan are asking the Iraqi government to pay for goods supplied during the Saddam era, amounting to a total of around $522 million (609 Iraqi dinars). The two countries had a commercial protocol during the old regime under which Iraq supplied Jordan with oil at […]
By John Lee. Iraq’s foreign minister, Ibrahim al-Jaafari, received the Russian Ambassador to Iraq, Elia Morganov, on Sunday. The two sides discussed issues of politics and security, including international efforts to support Iraq in its war against the Islamic State in Iraq and the Levant (ISIL). (Source: MoFA)
By John Lee. A former Iraqi official said China would have the opportunity to play a big role in Iraq's reconstruction when the country is more stable. Samir Sumaida'ie (Samir Sumaidaie) (pictured), who was Iraqi ambassador to the US from 2006 to 2012, told Xinhua: "Although Iraq is still a fragmented country, sooner or later, […]
By Madeleine White, capacity building specialist and Editor-in-Chief of nina-iraq.com This article was original published by Nina Magazine, (www.nina-iraq.com) and is republished here with their permission. Iraq’s First Female Goodwill Ambassador: Making my Voice reach the Farthest Corners of the Earth Me’aad Hussein Sahar addresses women through “Nina” in this interview with Sana Bekki, telling […]
