Archive | Iraq Industry & Trade News

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

Minister Zebari Meets UAE Ambassador

Foreign Minister Hoshyar Zebari held a meeting with the Ambassador of the United Arab Emirates, Mr. Abdullah Ibrahim Al-Shehhi, at the Ministry's head office on Wednesday. During the meeting, they discussed relations between the two countries and ways to develop and support them politically and economically. They also discussed recent developments in the Syrian crisis and […]

Rollins Opens Franchise in Erbil

By John Lee. Consumer services company Rollins Inc. has announced that the company, through its wholly-owned subsidiary Orkin, has established two international franchises: one in Erbil, Iraq and one in Trinidad and Tobago. Both Orkin Erbil and Orkin Trinidad and Tobago will offer commercial and residential pest control and termite control services. Tom Luczynski (pictured), […]

India-Iraq Friendship to be of "Equity Partners"

India is looking forward to further strengthening its relations with Iraq as an "equity partner" in areas like oil exploration and petrochemicals, the country's President, Pranab Mukherjee, said on Friday. Speaking during the visit of Iraqi Prime Minister Nouri al-Maliki, the President added: "Iraq has become India's second largest crude oil supplier. This is a […]

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Initiative to Improve Business Registration

On Thursday August 22, the Ministry of Trade (‘Ministry’) in cooperation with the Federation of Chambers of Commerce (‘Federation’) launched Iraq’s first “One Stop Shop” for company registration. The Ministry of Trade was represented at the event by Deputy Minister Waleed Habeeb Al-Mosawy; the Federation was represented by Secretary General Abdulhuessein Almubaraka. The U.S. Embassy […]

Don't Choke Iraq's Revenue

This week's bomb attack on the freight port of Umm Qasr was something new, but it appears to be an extension of the terrorist strategy of targeting Iraq's commercial infrastructure. Seen in the context of the growing number of attacks on northern pipelines – at least 37 attacks in the past 2 months alone – […]

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New Petrol Distribution Regulations for Iraqi Kurdistan

The Kurdistan Regional Government Ministry of Natural Resources and Erbil Governorate authorities have introduced new regulations on the sale of petrol from private fuel stations in Erbil Governorate, Kurdistan Region. This move will benefit consumers, introduce a uniform standard of petrol quality in Erbil, and will help to protect Kurdistan’s environment. Effective 25 August, 2013, […]

German Consul: Kurdistan is Democratic Model for Iraq

The new German Consul General in Erbil, Mr Alfred Simms-Protz, met with Minister Falah Mustafa as part of his introductory and courtesy calls on senior KRG officials. Mr. Simms-Protz previously served as Head of Diplomatic Security at the German Foreign Office in Berlin. Speaking about the growing relationship with Germany, Minister Mustafa said: I hope […]

Foreign Minister Discusses Chapter VII with UN

Foreign Minister Hoshyar Zebari has discussed Iraq's relations with the United Nations and its assistance mission in Iraq (UNAMI) with Deputy Secretary-General for Political Affairs, Jeffrey Feltman. During the meeting, the two sides discussed the UNAMI activities in Iraq and the Iraqi government's keenness on facilitating UNAMI's work. The Minister expressed the government's appreciation for […]

China to Open Consulate in Erbil

The People's Republic of China is expected to open its first diplomatic mission in the Kurdistan Region by the end of this year. Currently there are 27 foreign and diplomatic representations in Erbil, including four of the five permanent United Nations Security Council members. The opening of a consulate-general was discussed at a meeting today […]

Blast at Umm Qasr Commodities Port

By John Lee. Reuters reports that an unexplained blast occurred at Umm Qasr commodities port on Saturday. It was not immediately what the cause of the blast was, or whether it had affected imports and exports. The port does not handle crude oil shipments. (Source: Reuters)