Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. An Iraqi lawsuit accusing more than 90 companies of conspiring with Saddam Hussein's regime to frustrate the United Nations' program, and depriving Iraqis of roughly $10 billion of essential aid, has been dismissed by a court in New York. Reuters reports that U.S. District Judge Sidney Stein said the government of Iraq […]
By John Lee. Swiss company Cotecna has been officially appointed by the Iraqi Central Organization for Standardization and Quality Control (COSQC), to handle the implementation of a verification of conformity program for goods imported into Iraq. Based on article 3 (clause 8) of Iraqi law n°54 of 1979, COSQC has been empowered by the Iraqi […]
By John Lee. A business delegation from Iraqi Kurdistan considered strengthening economic ties with Lebanon’s second-biggest city Tripoli. “Iraqi Kurdistan is seeing an economic boom and we hope that Lebanese businessmen continue to benefit from facilities offered by the regional government,” head of the Tripoli Chamber of Commerce Tawfik Daboussi said. Former Iraqi Trade Minister […]
By John Lee. Foreign Minister Hoshyar Zebari has received the credentials of Mr. Somit Nakindla the new Ambassador accredited to the Republic of Sri Lanka in Iraq. The Minister welcomed the guest and stressed the importance of developing and relations between the two countries, and expressed the ministry's readiness to provide support for the success […]
The British Minister for Trade and Investment, Lord Green of Hurstpierpoint, officially opened the new Visa Application Centre in Baghdad along with the Foreign Minister of Iraq, His Excellency Hoshyar Zebari. For the first time, members of the Iraqi public are now able to apply for UK visas from Baghdad. In comments made at the […]
By John Lee. Iraq’s Free Zone Authority (FZA), an independent authority under the Ministry of Finance, has signed an agreement with the City Centre for Vehicles Services Company to approve a new free zone in Baghdad. The Director General of the Authority, Sabah Salih al-Qaisi (pictured), said the new free zone would be in the Awiridj […]
International developer EPGI has announced that they have been awarded the development management contract to develop and build the new Basra Oil and Gas International Free Zone in Iraq. The project is the second largest of its kind in the world covering over 11 million square metres, and is strategically located near the southern Iraq […]
By John Lee. Bulgaria's Minister of Foreign Affairs, Nikolay Mladenov (pictured), has opened a new Bulgarian Embassy in Baghdad. The Minister's Chief of Staff, Valeri Rachev, has been appointed Ambassador in Baghdad on a temporary basis until the Cabinet appoints a permanent representative. Bulgaria had an Embassy in Iraq, but it was closed in 2003 […]
By Padraig O'Hannelly. Iraq has many assets, and while oil is the first that comes to mind, we should not forget the multitudes of Iraqis who live outside their country of birth -- the Iraqi diaspora. Estimates vary, but there are probably between four and five million Iraqi-born emigrants living in a wide range of […]
The United Kingdom’s Trade Minister Lord Green met with local business leaders, British company executives, as well as the Iraq Britain Business Council representatives in Basrah today (23rd). The hour long meeting focussed on the security environment in Basrah and business opportunities for British companies in the region. Executives from IBBC member firms Mott Macdonald […]
By John Lee. Prince Salman bin Abdul Aziz opened the Arab Summit of Economic and Social Development in the presence of Arab kings and presidents in Riyadh on Monday. His Excellency the Vice President, Dr. Khudair Khuzaie presided the delegation of the Republic of Iraq to this summit. The delegation included the Minister of Foreign […]
The UK's Middle East Association invites you to register for what promises to be an engaging and interactive event led by a panel of experts who will outline some of the challenges, risks and also potential causes for optimism for the year ahead in the Middle East and North Africa. Following two years of major […]
