Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Memorandums of Understanding (MoUs) have reportedly been signed between 12 bordering provinces of Iraq and Iran, according to a report from AKnews. The governor of Erbil, Nawzad Hadi, said the memorandums were signed between cities bordering Iran and Iraq at a conference in Iran in the presence of a number of Iranian government officials. "The […]
Babil Investment Commission [Babylon Investment Commission] has announced that a group of Italian, Ukrainian and French companies are interested in investing in the province. The deputy chairman of the Investment Commission, Abbas al-Tai, told Alsumaria News that the companies are considering construction and industrial projects, and that "the Commission has provided all the necessary facilities to […]
Hitachi Plant Technologies and Sumitomo Corporation have concluded an agreement with Iraq's South Oil Company (SOC) to commence investigations for introduction of Hitachi Plant Technologies’ advanced water treatment system for the Iraqi oil industry. Iraq is expected to be one of high oil-producing countries of the world, and further investment in oil development such as […]
The Foreign Minister of Poland was joined by Prime Minister Nechirvan Barzani and the Foreign Ministers of Sweden and Bulgaria to officially inaugurate the new Polish consulate office in Erbil today. The plans to establish a presence in the Kurdistan Region were announced last year by Poland’s Ambassador to Iraq, Mr Stanislaw Smolen, and were […]
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 […]
