Archive | Iraq Industry & Trade News

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

Poverty Rates on the Rise

By Amal Sakr for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has been struggling with an increase in poverty rates for many years. While the Iraqi Ministry of Planning notes that the rate of poverty has recently decreased, reaching 11%, statistics released […]

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British Consul General visits KRG

The Head of the KRG Department of Foreign Relations, Minister Falah Mustafa, has welcomed the British Consul General in Erbil, Mr Hugh Evans, who was accompanied by Mr Angus McKee, the Head of the Syria Office at the British Embassy in Lebanon. The meeting focused primarily on the latest political and security situation developments in […]

Karbala’s New Computer System to Prevent Corruption

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. Karbala’s New Computer System to Prevent Bribery, Abuse and Burning of Official Documents Authorities in the religious centre of Karbala are planning to computerize their records and start a […]

FM Meets Iraq/Iran Negotiators

By John Lee. Foreign Minister Hoshyar Zebari met members of the Iraq governmental delegation negotiating with Iran on issues of land and river borders' demarcation and rivers. The delegation composed of representatives from the legal department at the General Secretariat, the Ministries of Water Resources, Transportation, Defense and Foreign Affairs, in addition to Command of […]

Barzani meets German Foreign Minister

The President of the Kurdistan Region, Masoud Barzani, has met the German Foreign Minister, Frank-Walter Steinmeier in Berlin. Foreign Minister Steinmeier welcomed President Barzani to Germany and spoke about his visit to Erbil back in 2008, highlighting his desire to visit Kurdistan again soon. He added that he was aware of the rapid developments happening […]

Policies to Attract Private Investment

Capstone Meetings Highlight Policies to Attract Private Investment and Advance Iraq’s Economic Development The U.S. Embassy’s Minister Counselor for Economic Affairs, Robin Matthewman (pictured), joined high-level Iraqi officials and international experts in opening a two-day series of “Capstone Meetings” to discuss ways to attract private investment into Iraq. The National Investment Commission (NIC) of Iraq […]

US Investigates Iraq War Recruitment Fraud

By John Lee. BBC reports that more than 1,200 people are under investigation in relation to a US military recruitment fraud during the Iraq war. The alleged fraud, in which referral fees were illegally collected for recruiting soldiers, is said to have cost the US government at least $29 million, and possibly as much as […]

Foreign Minister Receives French Ambassador

Minister of Foreign Affairs, Hoshyar Zebari, received the French Ambassador accredited to Iraq, Denys Gauer, on Sunday. During the meeting, the two sides discussed the Iraqi - French relations and ways of enhancing them. The Minister reviewed the security and political situation and the government's efforts in the fight against terrorism and containing the crisis […]

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Canadian Ambassador meets with KRG

The Head of the Kurdistan Regional Government (KRG) Department of Foreign Relations (DFR), Minister Falah Mustafa welcomed the nonresident Canadian Ambassador to Iraq and Jordan, Mr Bruno Saccomani today to discuss the future of bilateral relations between Canada and the KRG. This visit comes as a follow-up of the Ambassador's visit to the DFR in […]

Mister, Can You Spare a Dinar?

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. Mister, Can You Spare a Dinar? Life with the Beggar Mafia of Basra Some estimates suggest that almost a third of the residents in one of Iraq’s oil-richest cities […]