Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
The Iraq-Japan joint committee began its two-day meeting on Monday in Tokyo, with the aim of improving economic relations between the countries, reports AKnews. The Iraqi delegation is headed by Foreign Minister Hoshyar Zebari (pictured) and includes representatives from the ministries of trade, oil, finance, agriculture, electricity and health. The committee also includes representatives of […]
Since the beginning of this year most of the investment in Iraqi Kurdistan has taken place in Erbil, according to figures from the Kurdistan's Investment Board. AKnews reports that the Kurdistan Region's total volume of investment in the "first period" of this year was $3.1bn (3.6 trillion Iraqi dinars), but does not break this down […]
The economy and investment committee of the Iraqi Council of Representatives announced on Tuesday that it has rejected the government's request to delay the application of the customs law passed in 2008. Committee member Mahma Khalil said, "we fear that the government was put under pressure from traders and some states to reverse the application […]
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 […]
An energy company based in the United Arab Emirates has reportedly signed a contract with Iraq's Free Zones Department to invest in the Khor al-Zubair Free Zone. In a statement received by Aswat al-Iraq, the project will cover an area of 16,000 square meters. It was also announced that an Iraqi company will invest in […]
A high-profile Dutch business delegation, led by Dutch charge d' affaires Lars Tomers, visited the headquarters of Basra Investment Commission on Friday to discuss the investment plan in Basra and the possibilities for Dutch companies. They agreed to hold another meeting in June, according to Aswat al-Iraq. Meanwhile, AKnews reports that a 25-member business and […]
The Deputy Marshal of Poland’s Wielpolska Province, Leszek Wojtasiak, and the Republic of Poland’s Ambassador to Iraq, Stanislaw Smolen, led a delegation of government, business and university representatives on a visit to both Erbil and Suleimaniah last week in order to explore opportunities for cooperation in the civil, economic and educational sectors. The Head of […]
The Karbala Printing and Marketing Service Center has gone from a dream, to a concept, to a proposal and will soon be a reality for the Karbala Business Development Center (KBDC). The KBDC recently signed a Performance Grant Agreement with the USAID-Tijara program for funding to establish the Marketing Service Center in Karbala. The KBDC […]
The Governor of Basrah, Dr Khalaf A.S. Khalaf was guest of honour at IBBC’s Iraq Day Mansion House conference in London where he pledged to lead Basrah’s “ renaissance,” and make the port city the leading centre of trade not only for Iraq, but the Gulf region. Dr Khalaf brought a strong delegation from the […]
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 […]
Bloomberg reports that Iran Khodro, the country’s largest carmaker, plans to manufacture 30,000 cars at its production site in Iraq this year. The company is delivering components to the plant for assembly, mostly for the Samand sedan model (pictured). Operations at the plant, which has received investment from a local partner, started in 2011, the […]
The Philippine government has lifted the ban on the deployment of overseas Filipino workers (OFWs) to Iraqi Kurdistan, according to ABS and AFP. In 2004 then-president Gloria Arroyo withdrew a contingent of Filipino police and soldiers assigned to the US-led coalition in Iraq after a Filipino truck driver was kidnapped and threatened with beheading. The […]
