Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
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 […]
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 […]
From CNN. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Becky Anderson speaks to British Trade Envoy to Iraq Emma Nicholson about business opportunities in the war torn country: g
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 […]
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 […]
Baroness Emma Nicholson of Winterbourne has been appointed as the new Trade Envoy for the United Kingdom to Iraq. Baroness Nicholson was personally appointed by the Prime Minister to act on behalf of the British Government to increase trade and economic co-operation between the United Kingdom and Iraq. Speaking in Baghdad, the British Ambassador to […]
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 […]
By John Lee. Iraq plans to establish a state-funded investment bank to help finance major infrastructure projects and steer money towards private sector companies. Sami Al Araji, chairman of the National Investment Commission (NIC), told Reuters: “We need this [state-funded investment bank] to push forward the economy ... Our existing commercial banks do not have […]
The Embassy’s Commercial and Economic Sections and the U.S. Department of Commerce’s CLDP (Commercial Law Development Program), in association with the National Investment Council (NIC), hosted a seminar on "Developing Franchise Opportunities in Iraq" on January 22. The program represents a joint initiative to expand US -Iraq business engagement through franchising. The Iraqi Chamber of […]
Claudia Roth, who is the Vice-President of the German Bundestag as well as a member of Germany’s Green Party, met with the Head of the KRG Department of Foreign Relations (DFR), Minister Falah Mustafa to discuss areas of mutual concern and bilateral relations. The Ambassador of the Federal Republic of Germany, Brita Wagener, the German […]
By John Lee. Bulgaria's government has decided to open a consulate in Erbil, according to a report from Sofia News Agency. In the beginning of 2013, Bulgaria reopened its embassy in Baghdad, which had been closed since 2003. (Source: Sofia News Agency)
