Archive | Iraq Industry & Trade News

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

Iraq to Spend $500bn on Energy Industries

Iraq will invest around $500 billion in energy and linked industries with the help of the private sector by 2030, the Deputy Prime Minister for Energy told a conference hosted by the Iraq Britain Business Council and Iraq's National Investment Commission. Dr Hussain al-Sharistani (pictured) said the move would generate around $6 trillion in revenues […]

PM Barzani Welcomes New Dutch Ambassador

By John Lee. Prime Minister Nechirvan Barzani welcomed the Netherlands' new Ambassador to Iraq, Mr Harry Molenaar (pictured), recently, discussing the growing relationship between their governments. Ambassador Molenaar highlighted the importance of the new Dutch Embassy Liaison Office in Erbil, which is planned to officially open in November. Prime Minister Barzani congratulated Ambassador Molenaar on […]

Erbil International Fair - Deadline for Visas

Advertising Feature Please note that for foreign visitors to the Erbil International Fair, the final deadline to apply for a visa to Kurdistan is Wednesday October 3rd, 2012. Pre-approved entry permits to Kurdistan are required for all nationalities except for EU, US, Canadian, Australian, Turkish and Iranian passport holders. Upon arrival to Kurdistan, Kurdish authorities […]

US Embassy Promotes Investment Opportunities

The U.S. Embassy in Baghdad hosted officials from Iraq's National Investment Commission, Ministry of Housing, Ministry of Planning, and several Provincial Investment Commissions on September 13 to discuss investment opportunities in the Iraqi housing and construction sectors with representatives of U.S. companies, who joined the meeting by videoconference from Washington, D.C. The meeting was part […]

Western Business Chiefs Head To Baghdad Summit

Around 80 executives from the world's leading companies doing business in Iraq will arrive in Baghdad this weekend as part of a major trade delegation. They will attend a two day conference on Sunday September 30th and October 1st at the Al Rashid Hotel, Baghdad, to hear speeches from Deputy Prime Ministers Sharistani and Shaways […]

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 […]