Archive | Iraq Industry & Trade News

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

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KRG Representative to Spain visits Portugal

The Kurdistan Regional Government’s Representative to Spain, Mr Daban Shadala, made his first visit to Portugal, where he held meetings with officials and private sector representatives. The objective of the visit was to meet with various Portuguese government and private sector entities, to determine points of interest for future cooperation in the areas of education, […]

Iraq to Assemble Iranian Cars

By John Lee. Iranian carmaker Iran Khodro (IKCO) is to open a 30,000-units-per-year assembly line in Iskandariya [Alexandria], south of Baghdad, by the next month. Iran Khodro deputy director for exports, Abdol’azim Sa’dian, told IRNA that the preliminary agreements were made three years ago, and Iran Khodro has been exporting its products to Iraq for about […]

Basra Execs Visit Texas

The Bilateral US-Arab Chamber of Commerce announced that it hosted a business-to-business networking luncheon this week for visiting private sector executives from Basrah, Iraq, who are seeking to establish US partnerships, identify suppliers, and strengthen trade relationships to help with Iraq’s rebuilding efforts. The event is part of the Chamber’s CEO Insight Series, held in […]

Private Generators get Fuel During Ramadan

By John Lee. Iraq's Council of Ministers has ruled that the Ministry of Oil is to supply the owners of private electricity generators with fuel from 1st June to 30th September. Owners will receive 30 litres of gasoil per KVA of generator capacity each month. (Source: AIN)

Former Vice President Slams Iraq's Economic Policy

By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Adil Abdul-Mahdi, the former Iraqi vice president who resigned from his post, vehemently criticized Iraq’s economic policy, describing it as a failure. Abdul-Mahdi warned that tampering with the balances of nature […]

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Bin Shabib Reception with French Business Council

Bin Shabib & Associates (BSA) LLP recently supported the French Business Council Dubai and Northern Emirates, in hosting a cocktail reception at the Divan hotel in Erbil. The reception was attended by representatives from several French companies looking to invest in Kurdistan, government officials, Regulator of Insurance Authority, the French Embassy, the President of the […]

Biggest Ever UK Trade Mission to Iraq

The Iraq Britain Business Council (IBBC) Executive Chairman, Baroness Nicholson has announced the biggest ever trade mission to Iraq. In a push to boost UK business in Iraq UKTI and the IBBC will take 100 UK companies to Baghdad, Basrah and Erbil in mid-June. The mission will be led by David Willetts, Minister of Universities […]

Foreign Minister Receives Japanese Ambassador

By John Lee. Foreign Minister, Mr. Hoshyar Zebari, received on 15th of May 2013, the Japanese Ambassador to Iraq Mr. Masato Takaoka. During the meeting, they discussed bilateral relations between two countries, and the desire of the Iraqi government and the Iraqi Sports audiences to set up the home game between the Iraqi and Japanese […]

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Foreign Minister Receives Kuwaiti Ambassador

By John Lee. Foreign Minister Hoshyar Zebari has met with the Kuwaiti Ambassador to Iraq, Ali Mohammed Al Mu'min. The Minister received a written letter from the Kuwaiti Deputy Premier and Foreign Minister, Sheikh Sabah Khalid Al Sabah, on bilateral relations. During the meeting, the positive progress achieved between the two parties due to their […]

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Foreign Minister Attends Europe Day Ceremony

By John Lee. Iraqi Foreign Minister Hoshyar Zebari has participated in the Europe Day Celebration organized by the EU Mission in Baghdad. The Minister delivered a speech on the occasion explaining the level of the mutual cooperation especially after signing the partnership and cooperation agreement. A great number of the foreign diplomatic corps members in […]

Iraq Reopens Trebil Border Crossing

By John Lee. Iraq has re-opened its border crossing point with Jordan on Monday, the state-run Petra news agency reported. Jordan's Ministry of Transport said that the movement of people and goods  through the Traibil [Turaybeel, Tirbil, Tarbiel, Trebil] border post (pictured) had returned to normal. Iraqi authorities closed the border for security reasons in […]