Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iran's Ambassador to Iraq, Hassan Danaeifar, says Tehran plans to export $12 billion worth of goods to Iraq by the end the current Persian calendar year (ending March 20, 2013), up from around $11 billion last year. "Iraq's free economy has created a competitive atmosphere for exporters from all over the world. Iranian cooperatives should […]
By John Lee. The governor of the southern Province of Basra, Khalaf Abdulsamad [Dr. Khalaf Abdul-Samad Khalaf] (pictured), is visiting the U.S. this week for talks with American firms considering investing in Iraq. At a private luncheon hosted today by the Bilateral US-Arab Chamber of Commerce in cooperation with the United States’ Departments of State […]
Austrian companies in Vienna heard about the investment and trade opportunities in the Kurdistan Region, at the first business lunch to be jointly hosted by the Kurdistan Regional Government Austrian Representation and the Austrian Federal Chamber of Commerce. The guest of honour was Chairman of the Kurdistan Investment Board Minister Herish Muharam, who on the […]
Deputy Secretary of State for Management and Resources Thomas R. Nides visited Iraq from December 10-11, 2012, and met with President Jalal Talabani, Prime Minister Nouri Al-Maliki, Minister of Foreign Affairs Hoshyar Zebari, and Minister of Finance, Rafi al-Issawi in Baghdad. Deputy Secretary Nides and his Iraqi interlocutors discussed U.S.-Iraqi relations under the Strategic Framework […]
Anbar Investment Commission (AIC) announced today that it is postponing its third annual international conference which was scheduled for December 15-17, 2012 in the city of Erbil, Kurdistan, Iraq. The Commission's Board of Directors met yesterday and decided it would be best to postpone the conference to allow for greater participation and sponsorship. Many companies […]
By John Lee. The General Commission for Iraqi Free Zones (IFZ) has signed a contract to establish a special zone for commercial activities in accordance with the Free Zones law number 3 of 1998, reports to Aswat al-Iraq. IFZ director Saleh Saleh al-Qeissi [Sabah Saleh al-Qaisi] said: "The IFZ signed an investment contract with the Eaamar […]
Under the auspices of the Strategic Framework Agreement, the Governments of the United States of America and the Republic of Iraq reaffirmed their commitment to an enduring strategic partnership during the second meeting of the Defense and Security Joint Coordination Committee on December 5-6, 2012 in Baghdad. The meetings held at the Iraqi Ministry of […]
By John Lee. His Excellency Prime Minister Nouri Kamil Al-Maliki met in his office, the Secretary-General of the United Nations, Mr. Ban Ki-moon. During the meeting, the Prime Minister praised the role of the United Nations, for supporting Iraq in various conditions and on the cooperation between the two sides. He also praised the efforts […]
By John Lee. Swiss luxury watchmaker TAG Heuer plans to open its first store in Iraq by either 2013 or 2014, company President and CEO Jean-Christophe Babin told Gulf News in an interview. Gulf News: You have opened a boutique in Iran and planning one for Iraq and Kurdistan. How much growth do you expect […]
Prime Minister Nouri Al-Maliki received a Kuwaiti media delegation at his office on Wednesday. During the meeting, the Prime Minister emphasized that resolving the problems between Iraqi Airways with Kuwait is a positive gesture which could lead to greater cooperation and improved relations between the countries. The Prime Minister said Iraq continues to work to […]
By John Lee. Iraq is to give a $5 million aid to support the development process in Yemen, Iraq's ambassador to Yemen said on Tuesday that Iraq is to give a $5 million to support the development process in Yemen. Speaking to the Yemeni news agency Saba, Asad al-Samarai said many agreements were signed between […]
The U.S. Embassy, through the United States Agency for International Development (USAID), celebrated the completion of the USAID nine-year, $740 million Community Action Program, during a transition ceremony in Baghdad on November 27, 2012. From Dohuk to Al Anbar to Basrah, the Community Action Program helped local communities complete 10,000 projects, from schools and water […]
