Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
President Masoud Barzani this week in Brussels met Belgium’s Foreign Minister Steven Vanackere. He also met European Union officials to discuss expanding relations with its member states. President Barzani encouraged Foreign Minister Vanackere to move Belgium’s Embassy from Amman to Baghdad and to consider opening a consulate in Erbil. Mr Vanackere commended the political and […]
This article was written by Ahmad Wahid, and was originally published by the Institute for War and Peace Reporting, iwpr.net. It is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Thousands of Iraqis working across five ports […]
The U.S. Navy formally delivered the sixth 35-meter patrol boat (P-305) to the Iraqi Navy at the Umm Qasr naval facility in Iraq on Nov. 3, after the ship successfully completed reactivation in Bahrain, Oct. 23. The seamless reactivation enabled delivery to an Iraqi naval base one week ahead of schedule. "The team has once […]
Drive Square, Inc. will showcase its driving simulation training system at the November 25-28 Basra Oil and Gas Conference and Exhibition in Iraq. Middle East distributor EMDS will represent Drive Square during the Conference. CEO and Founder of Drive Square, Konstantin Sizov, said EMDS, with its strong background in driver and security training, is the […]
German truck and bus maker MAN has signed a $14 million [17 billion Iraqi dinar] deal with Iraqi firm Numoor Al-Bararry to manufacture commercial trucks in Baghdad, according to report from AKnews. Under the contract, the two companies will establish an assembly line and maintenance workshop, said Peter Mayr, managing director of Terramar Company, which […]
Iraq and Germany have signed a memorandum of understanding (MuO) in Baghdad, commiting them to cooperate in areas of industry, trade, agriculture and transportation. The Iraqi Minister for Industry, Ahmed Dali, told a press conference following the signing of the protocol that the signing of the MuO will encourage more German companies to come to […]
This article was written by Abeer Mohammed, and was originally published by the Institute for War and Peace Reporting, iwpr.net. It is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On its road to democracy, Iraq may […]
U.S. Deputy Secretary of State Nides' Statement at the 38th Baghdad International Trade Fair
The Iraqi cabinet has approved the establishment of five industrial cities in various Iraqi provinces, with the intention of strengthening local industry and reducing the need for imports. Iraqi government adviser Salam al-Quraishi told Mawtani: ''The government has agreed to the proposal in view of its vital importance for Iraq, from an industrial point of […]
In the past few months, major steps have been taken by Khudairi Group to expand opportunities that will help successfully reconstruct critical Iraqi infrastructure. On July 22, 2011, the Khudairi Group entered a dealership agreement and sales contract with Sany International Development Limited. Sany is a global leader in the construction machinery industry, with vast […]
Defence Minister, HE Saadun Al-Dulaimi will lead a delegation of up to 5 other ministers and 35 senior officials to participate in the inaugural Iraq Defence & Security Summit 2011 in Cyprus 7-8 December. These officials will also include the Chief of Staff, Gen. Babakir Zebari and the heads of the navy and air force. […]
The United Nations Compensation Commission has made another $1,038,375,281 available to the Government of Kuwait for distribution to eight successful claimants in compensation for Iraq’s 1990 invasion. This payment leaves approximately $18 billion outstanding to six compensation awards. Successful claims are paid with funds drawn from the United Nations Compensation Fund, which is funded by […]
