Archive | Iraq Industry & Trade News

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

Polish Delegation seeks Opportunities in Kurdistan

The Deputy Marshal of Poland’s Wielpolska Province, Leszek Wojtasiak, and the Republic of Poland’s Ambassador to Iraq, Stanislaw Smolen, led a delegation of government, business and university representatives on a visit to both Erbil and Suleimaniah last week in order to explore opportunities for cooperation in the civil, economic and educational sectors. The Head of […]

Karbala Printing & Marketing Service Center

The Karbala Printing and Marketing Service Center has gone from a dream, to a concept, to a proposal and will soon be a reality for the Karbala Business Development Center (KBDC). The KBDC recently signed a Performance Grant Agreement with the USAID-Tijara program for funding to establish the Marketing Service Center in Karbala. The KBDC […]

Dunia Weekly Iraq Market Tracker

Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]

Iran Khodro to Make 30,000 Cars in Iraq This Year

Bloomberg reports that Iran Khodro, the country’s largest carmaker, plans to manufacture 30,000 cars at its production site in Iraq this year. The company is delivering components to the plant for assembly, mostly for the Samand sedan model (pictured). Operations at the plant, which has received investment from a local partner, started in 2011, the […]

Philippines Lifts Ban on Overseas Workers in Kurdistan

The Philippine government has lifted the ban on the deployment of overseas Filipino workers (OFWs) to Iraqi Kurdistan, according to ABS and AFP. In 2004 then-president Gloria Arroyo withdrew a contingent of Filipino police and soldiers assigned to the US-led coalition in Iraq after a Filipino truck driver was kidnapped and threatened with beheading. The […]

100 Unlicensed Iraqi Pharmacies Closed in April

AKnews reports that one hundred unlicensed pharmacies were shut down throughout Iraq in April, and four tons of out-of-date medicine were seized and destroyed. The Inspector General at the Health Ministry, Adel Muhsin, said the ministry closed the pharmacies for selling drugs that were unfit for human consumption and came from unknown factories and origins. […]

First Romanian-Kurdish Economic Forum held in Erbil

Kurdistan’s chambers of commerce held the first Romanian-Kurdish economic forum in Erbil this week, hosting many Romanian and Kurdish companies. The Romanian businesses were part of a trade delegation that, accompanied by Romania’s Ambassador to Iraq, Jacob Prada, is visiting all three governorates of the Kurdistan Region this week. Dara Jalil Khayat, the Chairman of […]

STX Discusses Major Projects with Shahristani

Iraq's Deputy Premier with responsibility for energy affairs, Hussein Shahristani, has reportedly met the chairman of the South Korean STX Group to discuss possible cooperation in building power stations. According to the report from Aswat al-Iraq, STX has already completed a diesel power station with a capacity of 900 megawatts. A statement from Mr Shahristani's […]

EU and Iraq agree Partnership Deal

The European Union and Iraq signed a partnership agreement on Friday, which in turn has opened the way for both trade and energy deals. The agreement also allowed a closer cooperation in combating terrorism, promoting human rights, and countering the proliferation of weapons of mass destruction. The accord will allow continuous political discussions on bilateral, […]

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Basra Governor set for Iraq Day Conference

His Excellency Dr Khalaf Samad Khalaf (pictured), Governor of Basrah, is guest of honour at IBBC’s Iraq Day Conference at London’s Mansion House on May 17th 2012 attended also by executives from the world’s leading corporations including major oil and construction companies. As rising oil sales supercharge the Iraqi economy Dr Khalaf’s keynote address will […]