Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. During its participation in the 24th Arab Summit held in Doha, the Iraqi delegation headed by His Excellency the Vice President Dr. Khudair al Khuzaie, with Foreign Minister Hoshyar Zebari and their accompanying delegation, met a number of Arab kings, presidents and leaders. The delegation met Emir of Qatar Hamad bin Khalifa […]
The following is the text of the speech and press conference of US Secretary of State, John Kerry, in Baghdad: Secretary Kerry: Good afternoon. As-Salāmu `Alaykum. I’m glad to be here with all of you, and it’s a pleasure for me to be able to be back in Iraq. I haven’t been able to be […]
Foreign Minister Hoshyar Zebari headed the Arab League Council at the ministerial level on Sunday. In the opening session minister Zebari gave a speech in which he stressed the achievements of the Iraq's presidency to the 23rd Arab Summit, indicating the Iraq's positions towards the issues of the Arab region, particularly the Palestinian issue and […]
Hilton Worldwide today announced its expansion in Iraq's semi-autonomous region of Kurdistan into the city of Sulaymaniyah following the signing of a management agreement with Kurdonia Company for Tourism & Hospitality Ltd, owned fully by Hiwa Rauf Company. The new build, 223-room DoubleTree by Hilton Sulaymaniyah is expected to open early 2015. The hotel will […]
Distinguished Guests, Ladies and Gentlemen Thank you for inviting me to address this important forum on energy and foreign policy. We in the Kurdistan Region of Iraq have a great respect for Germany, one of the world’s most successful and established federal democracies. Ten years ago, the US and its allies removed Saddam Hussein from […]
By John Lee. Research by the Financial Times shows that the top 10 American and foreign contractors in Iraq have secured business worth at least $72 billion between them, with the total for all contractors coming in at $138 billion. Top of the list is KBR (formerly Kellogg Brown and Root), which was once run […]
The Iraq Britain Business Council (IBBC) has welcomed a new initiative to boost the Iraqi jobs market. A weekend conference in Basrah - sponsored by the Ministry of Oil and supported by Shell - has been investigating how to revitalise the Iraqi private sector by ensuring contracts with oil majors went to local firms. Oil […]
By John Lee. Italy’s new ambassador to Iraq, Massimo Marotti (shown here presenting his credentials to Minister of Foreign Affairs, Hoshyar Zebari, in January), has said that Italy considers the Kurdistan Region as the “gateway” to Iraq. On a recent visit to Erbil, he said: "Trade between the Kurdistan Region and Italy has reached $4 billion […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. As the world discusses the legacy of the Iraq war on the 10 year anniversary of the US-led invasion, one group that appears to have clearly benefited from the conflict is Iraq's […]
By Matthew Gayle. The Iraqi government has signed a memorandum of understanding (MoU) with Romanian railcar producer Astra to establish a joint railway company based in Iraq. According to Al-Shorfa, the Iraqi-Romanian company, which will specialize in producing trains, will be based in al-Samawa, southern Iraq. The company will also focus on rehabilitating the train […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A decade after war and the toppling of dictator Saddam Hussein, Iraq's Kurdistan is experiencing a construction and economic boom: (Source: Jewish News One)
Minister Falah Mustafa received the new Polish Consul, Mr Roman Jerzy Chalaczkiewicz, to the Kurdistan Region yesterday. The new consul has previously served as ambassador to Iraq (1997-2002) and in other countries in the Middle East, including United Arab Emirates. The assignment of the new consul follows the inauguration of their consulate in June last […]
