Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Cristal Group, a premier luxury hospitality company in the Middle East, announced the opening of the landmark Ishtar Hotel on Monday, now renamed the Cristal Grand Ishtar Hotel. One of the tallest buildings in Baghdad, Iraq, the 20-storey property features 307 rooms and suites, comprising of 92 Standard king rooms, 111 Standard twin rooms, 62 […]
In a meeting with the US Ambassador to Iraq Robert Beecroft on Sunday, President Barzani said the KRG believes that only through meaningful dialogue can Iraq’s current crisis be ended and that the KRG is working to initiate consultation meetings with other Iraqi sides in Erbil. In the meeting, President Barzani and Ambassador Beecroft discussed […]
By John Lee. Iraqi military sources say they have closed the Rabia border crossing with Syria until further notice as Syrian rebels seized the other side of the frontier post from the Syrian army. Reuters reports that the Iraqi army fired warning shots into the air late on Friday as Syrian insurgents fought government forces […]
By John Lee. Japan Petroleum Exploration (Japex) and its partners have delayed the start of production in the Gharraf [Garraf] oil field by six months, according to Bloomberg. Production was scheduled for the end of 2012, but will now be postponed until the end of June; a company official blamed the delay on problems with […]
U.S. Ambassador to Iraq Stephen Beecroft (pictured) and USAID Deputy Mission Director David Harden celebrated on February 25 the completion of the U.S. Agency for International Development’s (USAID) five-year, $192 million Provincial Economic Growth Program-Tijara. Through partnership and joint cooperation with the Iraqi Ministry of Trade, project beneficiaries, and representatives from microfinance institutions, the Tijara […]
By Ali Abel Sadah for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi government is awaiting the parliament’s approval of the 2013 federal budget to pay Russia the money owed for the weapons deal. Meanwhile, Iraqi and Russian officials have confirmed that […]
By Mark Simmonds, United Kingdom's FCO Minister for International Energy. Iraq is retaking its position at the energy top table. After decades of economic mismanagement and political repression, the country is emerging as one of the most important and dynamic global energy producers. Oil production has increased by over 50% in the last six years, […]
BBC's Kirsty Wark presented a special edition of the Newsnight programme looking at how Iraq and the world changed following the war ten years ago. It includes contributions from former Prime Minister, Tony Blair; former UN weapons inspector Hans Blix; and Chair of the Iraq Britain Business Council (IBBC), Baroness Nicholson. The program can be […]
The UK's Middle East Association (MEA), in partnership with the Kurdistan Regional Government, will be leading a Trade Delegation to Iraqi Kurdistan from 28th April to 3rd May 2013, visiting Erbil and Duhok. The Kurdistan region remains one of the MEA’s major success stories. Last October we took another large UK trade delegation to the […]
6th March sees the anniversary event of The Iraq Club Dubai. This network for senior energy professionals operating in Iraq, has gone from strength to strength since it launched in 2012. The bi-monthly event which regularly attracts over 100 senior representatives from companies such as Leightons, Gulftainer and Schlumberger, expects a higher turn out next […]
By John Lee. The planned sale of the Czech military L-159 planes to Iraq is reported to have broken down. Producer Aero Vodochody has allegedly limited the preparation for the production of 24 new planes to the minimum. The contract, which was announced last year, has not yet been signed, according to the Insider daily, but […]
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Turkey has reportedly struck a massive oil and gas agreement with Iraq's Kurdistan Regional Government, a move that would strain Ankara's ties with the US and the central government in Baghdad. According to […]
