Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Advertising Feature The 5th International Exhibition for Agriculture, Food, Food Processing and Packaging, Iraq Agro-Food 2012, is the ideal platform for the suppliers of Iraq’s main agricultural and nutritional needs. Organized by International Fairs & Promotions (IFP) Iraq, under the auspices of the Iraqi Ministry of Agriculture and the Ministry of Agriculture and Water Resources […]
By John Lee. A group of Iranian companies has announced its intention to invest in the industrial and oil sectors in Basra. The Basra Investment Commission says that $310 million dollars will be invested. The Iranian group's representative, Hussein Binae, siad the group will spend $60 million on a factory to make cables and electric […]
By John Lee. The Customs Director of Iran's Kurdistan Province has said that $416-million worth of commodities have been exported to Iraq from this western province since the start of current Iranian year, March 20, 2012. Talking to the Iranian news agency IRNA, Mohammad Shahbazi said this represented an increase of 21 percent compared to […]
By John Lee. The Al-Radwan state company, which is part of the Ministry of Industry and Minerals, has concluded contracts worth more 20 billion Iraqi dinars ($17 million) in September. The Director General of the company, Majed Merza al-Jaf, said "the company contracted with the Ministry of Education to equip them with 550 caravans, [and […]
By John Lee. Iraq's Foreign Minister, Hoshyar Zebari, has met the Russian Ambassador, Mr. Elia Murgunov, and handed him a reply message to his Russian counterpart Sergei Lavrov in response to his letter. The meeting was attended by Undersecretary for Policy Planning, Chairman of the Department of Europe and the Director of the Office of […]
By Histyar Qader. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. What plans do Iranian diplomats have for Iraqi Kurdistan? Recently there have been high level visits from both sides and locals say the Iranians, a major […]
Advertising Feature Senior Kurdistan Regional Government representatives opened the 8th annual edition of the multi- sector trade fair, Erbil International Fair 2012, which was held under the auspices of the Kurdistan Regional Governmentfrom 15 to 18 of October 2012. This year’s edition, the biggest ever since the show’s beginning in 2005, attracted over 850 companies […]
By John Lee. The Emir of Kuwait has signed into law the financial settlement reached with Iraq regarding Kuwait Airways. Iraq's Ministry of Foreign Affairs says that law firms in Britain have been told to drop all proceedings against Iraqi Airways and Iraqi properties. Under this settlement, Iraq will pay $500 million as final compensation to […]
DLA Piper, the global law firm, has advised on a major deal in Iraq, to create a specialised oil and gas free zone. The firm acted on behalf of Basra International Oil and Gas Hub (BIOGH) on a joint venture agreement with the Iraqi Free Zone Authority, a unit of the Ministry of Finance. The […]
The Trade Development Director of UK Trade and Investment (UKTI), Crispin Simon, led a large British delegation to the Erbil Trade Fair last week. Sixty-one British delegates, representing 39 companies from several key sectors, including education, participated in the Fair. The UK pavilion was the second largest of all the countries represented at the event. […]
By John Lee. The Times of India reports that dozens of Indian nurses have travelled to Iraq in recent days to plug a shortfall in its hospitals and healthcare facilities. Baghdad's Medical City hospital welcomed 35 Indian nurses, while another 31 arrived to work in Diwaniya. Information on hirings in other provinces was not available. […]
President Masoud Barzani welcomed the largest ever American business delegation this week which was visiting Kurdistan to explore investment opportunities in the Kurdistan Region and to participate in the Erbil International Fair. The US-Kurdistan Business Council (USKBC) brought a 48-member delegation, representing 30 companies in diverse sectors, to meet with various KRG officials in Erbil […]
