Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
DLA Piper, the global law firm, has advised on a major deal in Iraq, to create a specialised oil and gas free zone. The firm acted on behalf of Basra International Oil and Gas Hub (BIOGH) on a joint venture agreement with the Iraqi Free Zone Authority, a unit of the Ministry of Finance. The […]
The Trade Development Director of UK Trade and Investment (UKTI), Crispin Simon, led a large British delegation to the Erbil Trade Fair last week. Sixty-one British delegates, representing 39 companies from several key sectors, including education, participated in the Fair. The UK pavilion was the second largest of all the countries represented at the event. […]
By John Lee. The Times of India reports that dozens of Indian nurses have travelled to Iraq in recent days to plug a shortfall in its hospitals and healthcare facilities. Baghdad's Medical City hospital welcomed 35 Indian nurses, while another 31 arrived to work in Diwaniya. Information on hirings in other provinces was not available. […]
President Masoud Barzani welcomed the largest ever American business delegation this week which was visiting Kurdistan to explore investment opportunities in the Kurdistan Region and to participate in the Erbil International Fair. The US-Kurdistan Business Council (USKBC) brought a 48-member delegation, representing 30 companies in diverse sectors, to meet with various KRG officials in Erbil […]
By Saleh Elias. 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. The Mosul train station is empty after years of neglect. But local authorities say they want to revive railways here. It’s a sign of better conditions […]
The Dubai-based Paris Gallery plans to open five new stores in Iraq over the next three years, according to a report from Gulf News. Randa Al Akkad, the head of franchise at Paris Gallery, said the first store is scheduled to open in Baghdad in 2013, with another two in Erbil and one in Basra […]
(Note: the speech was read by Minister Ali Saeed, as the Prime Minister was unable to attend). Ladies, gentlemen and distinguished guests, good morning. I wanted very much to be here with you today, but unfortunately I have had to change my plans due to some unforeseeable circumstances. In any event, I would like to […]
A new report jointly compiled by the Iraq Prime Minister’s Advisory Commission and the U.S. Agency for International Development warns that over dependence on oil revenues has the potential of creating significant economic and market distortions. According to the report, released at an October 4 conference in Baghdad’s Al-Rashid Hotel, rapid expansion of oil wealth, […]
By John Lee. As part of a review of the United Kingdom's diplomatic engagement with Iraq, which included the announcement today that the country's consulate in Basra is to close, the UK’s Secretary of State for Foreign and Commonwealth Affairs, William Hague (pictured), has announced increased resources for the embassy in Baghdad and the consulate […]
The United Kingdom's Secretary of State for Foreign and Commonwealth Affairs, William Hague (pictured), has announced the closure of the British consulate in Basra. In a statement to the House of Commons this morning, he explained the decision as follows: "Because of the improving security situation, it is now easier and safer for staff to […]
On October 11, 2012, Ambassador Robert Stephen Beecroft (pictured) arrived in Baghdad and was sworn in as U.S. Ambassador to the Republic of Iraq in a ceremony at the Embassy of the United States of America. He will present his credentials to the Ministry of Foreign Affairs and President Talabani at the earliest opportunity. Ambassador […]
By John Lee. Presidents Maliki and Putin have issued the following statement after their meeting in Moskow: PRESIDENT OF RUSSIA VLADIMIR PUTIN: Mr Prime Minister, ladies and gentlemen, Our meeting with the Prime Minister of Iraq, Mr Nouri al-Maliki, was substantive and constructive. Some significant changes have have been taking place in Iraq since Mr […]
