Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
The Iraq Deputy Prime Minister for Energy, Dr. Hussain al-Shahristani, will be delivering the keynote address at the ‘Iraq: Untapped Opportunities’ conference in London on 22 November 2011, arranged by the Middle East Association and supported by the National Investment Commission of Iraq, UK Trade & Investment and Allurentis. Dr. al-Shahristani will be joined by […]
Iraq’s Land Transportation Company is in discussions with Dutch manufacturers DAF over the replacement of vehicles in its current fleet, reports Construction Weekly Online. According to the LTC’s media department, General Manager Abbas Omran Musa met with a delegation from DAF to discuss the supply of DAF trucks to expand the State Company’s fleet and […]
Iraqi Deputy Prime Minister with responsibility for energy issues, Hussein al-Shahristani, called on a visiting Indian delegation on Sunday to make much-needed investments in Iraq's energy, industry and housing sectors, according to AFP. "Shahristani discussed the means for Indian investment and developing the industrial and oil sectors in Iraq with an Indian delegation," according to […]
Erbil, capital of the Kurdistan Region, will this month host Iraq’s largest international trade fair for the seventh consecutive year. More than 850 exhibitors from over 20 countries are participating in the exhibition. Decision-makers from not only the Kurdistan Region but also other parts of Iraq are expected to visit the exhibition to meet the […]
Following Wednesday’s meeting with the Speaker of the Iraqi Parliament, Dr Usama al-Nujaifi, Britain's Foreign Secretary William Hague said: "I was delighted to see Dr Usama al-Nujaifi in the UK for his first official visit. I reaffirmed the UK’s resolve to continue supporting the government and people of Iraq as they embrace democracy, reconciliation and […]
Passenger numbers at Erbil International Airport are up 39% over the past year, according to Aswat al-Iraq. The Director General of the airport said in a press conference that 550,000 passengers used the airport over the past year, with freight traffic up 62 percent. There are 12 airlines usingt the airport, including three new ones […]
Turkey and Iraq have agreed to open two new border crossings to boost trade and accommodate increasing traffic between the two neighbors, according to a report from Today’s Zaman. The issue was discussed during a two-day visit by Iraqi Foreign Affairs Minister Hoshyar Zebari to Ankara on Wednesday. The formal agreement for the opening of […]
The U.S. State Department plans to deploy 16,000 civilian employees in Iraq, the Washington Post reports. And while the U.S. military is supposed to be out of Iraq by the end of the year, the two governments are trying to negotiate an agreement for a small training force to remain. But those forces will be […]
Dubai's Majid Al Futtaim Holding (MAF), sole franchisee of hypermarket chain Carrefour in the Gulf, is to set up a sukuk programme (debt securities structured to comply with the Islamic law) as market volatility continues to thwart its plans for a conventional issue, according to a report from Reuters. MAF completed roadshows for an offering […]
Australia is planning to open a consulate in the oil-rich province of Basra in order to boost Australian-Iraqi business relations in the area, according to a report from AKnews. Australia's Ambassador to Iraq, Lyndall Sachs (pictured), is currently visiting Basra to examine the possibilities for a consulate, as well as for an airline connection. "This […]
The planning commission of the provincial council of Baghdad announced the construction of an industrial city of approximately 2,000 donums (500 hectares) in the Nahrawan area, south of the Iraqi capital. According to AKnews, the project will be built by the Iraqi company Majd al-Ard, and will cost around $250 million USD (293.3 billion IQD). […]
By Rickie Cole of SGS, in response to our Iraq Business News article on importation inspection: On 1st May 2011, the Central Organisation of Standardisation and Quality Control (COSQC) in Iraq implemented the Pre-Importation Inspection, Testing & Certification of Goods to Iraq (ICIGI) programme. This programme is designed to monitor the quality of regulated goods […]
