Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
The foreign ministers of Sweden, Poland and Bulgaria yesterday arrived together in the Kurdistan Region where they met President Masoud Barzani and Prime Minister Nechirvan Barzani to discuss ways to strengthen cooperation and to talk about the latest political developments in Iraq and the ongoing crisis in Syria. President Barzani welcomed the three foreign ministers, […]
Northrop Grumman Corporation (NYSE:NOC) has received an $87.8 million foreign military sales (FMS) contract to provide the APG-68(V)9 airborne fire control radar to Thailand, Iraq and Oman for use on F-16 fighter aircraft. The company will deliver six radar systems to the Royal Thai Air Force, 22 radar systems to the Iraqi Air Force and […]
The Al-Wifaq Printing Company of Iraq has signed an order with Goss International at the drupa trade show in Düsseldorf for two new 16-page M-600 web presses. The investment is part of the company’s drive to modernize and innovate in ensuring the highest commercial print quality in Iraq. According to representatives of Al-Wifaq Printing Company, […]
The Kurdish Regional Government’s President Masoud Barzani has been telling a delegation of Iraq Britain Business Council members the door to trade with the Kurdish region was wide open. He said: "I hope that as companies you will support us at this critical time in the development of Kurdistan. "There are British businesses here already […]
In Salahaddin on Monday KRG President Masoud Barzani welcomed the outgoing German Ambassador Christian Berger, who came to bid farewell to the Kurdistan Region as he concludes his term in Iraq. President Barzani thanked the Ambassador for the important contributions of the German people and government toward the ongoing development of Kurdistan, and Germany’s significant […]
Following a visit by a delegation of Dutch companies to Kurdistan last week, AKnews reports that about 100 Dutch companies have expressed an interest in working in the region for the first time. The companies attended an economic forum promoting the Kurdistan Region and looking at prospects for Dutch investors. Azad Ahmed, from the Chamber […]
A businessman from Bolton in UK, Asad Shamim, of Furniture In Fashion, says that the local companies must strike the emerging markets of Iraq, as it is said to start a major rebuilding program. Quick to see an opening, the entrepreneur has already sold £60,000 [$96,000] worth of furniture to a new hotel in the […]
Trade Arabia reports that Iraq's core inflation slowed to 6.2 per cent in May, down from 6.7 per cent in April. The fall was due to a drop in the costs of food and housing said Mudher Kasim, deputy governor of the central bank. In April, the country saw high annual inflation mainly due to […]
The Kurdistan Regional Government's Head of Foreign Relations officially opened a new Representation Office in Vienna on Saturday, making it the 13th KRG representation office abroad. At the same time, Austria's Vice Chancellor and Foreign Minister announced that Austria also plans to open a representation office in Erbil as well. Minister Falah Mustafa opened the […]
Italian loader crane manufacturer Effer has won an order to supply 16 Effer model 440 4S cranes to Iraq's Ministry of Transport. The presentation of the first units took place at Effer's plant in Minerbio, Italy. The units were installed on Iveco trucks ordered by the Machine Technology Trading Company (MTT), headquartered in Baghdad. MTT […]
AKnews reports that a joint business delegation from Jordan and Palestine will arrive in Iraqi Kurdistan Region this week for a business conference. Dara Jalil Khayyat, head of the Kurdistan Union of Chambers of Commerce and Industry, said fifteen businessmen from Jordan and two from Palestine will arrive on Tuesday, and will hold an economic […]
