Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

New Oil & Gas "Free Zone" for Zubair

By John Lee. The Iraq General Commission for Free Zones and Basra International Oil and Gas Hub (BIOGH) have formed a joint venture to create a "free zone" for oil and gas  at Khor Al-Zubair. Totaling 11 million square meters (about 118 million square feet) and located directly adjacent to the strategic Khor Al-Zubair port, […]

USKBC Meets in Washington with Senior KRG Delegation

By John Lee. The United States-Kurdistan Business Council (USKBC) board members received a private briefing from senior Iraqi Kurdish officials about economic development in the Kurdistan Region and the political situation in Iraq. The briefing, chaired by USKBC CEO, General James Jones (USMC-Ret), was with Dr. Fuad Hussein, Chief of Staff to Kurdistan Region of […]

UK Foreign Minister Visits Iraq To Develop Trade

William Hague, the UK Foreign Secretary, has visited Iraq to express his government's interest in building better ties, as he recognizes the security situation has improved. Speaking from Baghdad, he said: “This visit has helped to reaffirm the UK’s long-standing friendship with Iraq and its people and had helped to further develop strong trade and […]

British Business Wins Pharmaceutical Quality Control Contract

Nottingham-based Food and Drug Analytical Services Ltd (FDAS) has won a contract with the Kurdistan Regional Government (KRG) to improve the quality of medicine available in the region. Nechirvan Barzani, prime minister of Kurdistan, the semi-autonomous northern region of Iraq, joined the KRG Ministry of Health to announce the partnership. The agreement comes as part of ongoing […]

Iraq To Showcase Investment Opportunities To Britain

Iraq's National Investment Commission is inviting representatives from government and regional government, and investors and businesses, to a forum to showcase Iraq's investment opportunities. A delegation will come from the Iraq Britain Business Council, headed by its experienced chairman Baroness Nicholson of Winterbourne (pictured, opening an IBBC office in Basra with the local governor, Dr […]

Germany Invites Iraq to Investment Conference

The Deputy German Ambassador to Iraq, Alexander Schoenfeld, has reportedly confirmed that his country will invite Iraq to participate in an investment conference to be held during the coming months. The Head of the Iraqi Presidential Office, Naseer al-Ani, hosted Schoenfeld at his office on Wednesday and the two sides discussed relations between the two […]

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KRG Welcomes 3 New Diplomats to Kurdistan

The Head of the Department of Foreign Relations, Minister Falah Mustafa, this week welcomed the arrival of new Korean, Dutch and French diplomats posted to the Kurdistan Region. “We are very pleased at the level of international representation that we now see in the Kurdistan Region,” Minister Mustafa said. “The international presence here represents the […]

Iraq’s First Super Hercules

The first of six C-130J Super Hercules for the Iraqi Air Force recently completed its first flight at the Lockheed Martin facility in Marietta, Georgia. The Iraqi Air Force intends to use the C-130J for intra-theater support of its troops and humanitarian relief operations in various locations. These new transport aircraft will provide Iraq with […]

Ministry to Announce New Pre-Import Inspection Contracts

A spokesman for Iraq's Ministry of Planning and Development has said the ministry will announce the three contracts pre-import inspection next week. The Ministry has completed the final touches on the contracts for the international companies from France, Switzerland and Denmark, said Abd Al-Zahra al-Hindawi. Bureau Veritas of France, and Swiss company SGS, had been […]