Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Foreign Minister Meets Swedish Minister of Trade

Foreign Minister Hoshyar Zebari met Swedish Minister of Trade, Dr. Eva Burling, and the accompanying delegation on Tuesday. The Minister welcomed the minister and explained the situation in the new democratic Iraq. The two sides exchange views on ways of developing the Swedish-Iraqi relations for the benefit of both countries, and to promote trade between […]

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Italian Minister Leads Delegation at Italian-Kurdistan Forum

Italy's Minister of Economic Development Paolo Romani this week led a trade delegation representing more than 50 companies to the Kurdistan Region to participate in a high profile business conference. Minister Romani’s visit to Kurdistan was part of a broader trip to Iraq, and was organised to coincide with the Italian-Kurdistan Region Business Forum and […]

Indian Company Presents Pipe Project in Basra

A delegation from the Indian company Jindal recentlty visited Basra Investment Commission and presented an industrial investment project to construct a plant for pipe production and coating. The assistant director of the company revealed that the investment capital of the project is 200 million dollars and that the project requires an area of 160 acres. […]

Luxury Retailer to Focus on Iraq

Paris Gallery, the Dubai-based luxury retailer, has scrapped plans to expand in Syria, Egypt and Lebanon, following the unrest in parts of the Middle East. Instead, the perfumes and cosmetics retailer will focus on economies it considers more stable, such as Iraq, Turkey, Azerbaijan and India. "We opened one store in Aleppo, but the process […]

President Barzani meets Austrian President

Kurdistan Region President Masoud Barzani met with Austria's President Heinz Fischer on Friday  in Vienna to discuss bilateral relations and mutual cooperation. In a very cordial meeting, President Barzani and President Fischer exchanged views on the current political situation in Iraq and in the Kurdistan Region, and the recent political developments in the Middle East. […]

Fluor Drops Protest against $500m KBR Contract

Fluor Corporation has dropped a protest filed last month with the Government Accountability Office challenging a $500 million award to KBR for a logistics support contract in Iraq, according to a report from Bloomberg. According to the news agency, a Fluor spokesman said the company had no comment. The contract was on hold until the […]

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Sheraton Considering Hotel in Erbil

Rudaw reports that a delegation from the Sheraton hotel chain recently visited Erbil to explore the possibility of building a hotel. Omed Kayfi, head of Kurdistan Region tourism department, told Rudaw, “so far ... Marriott, Hilton and Turkish Divan brands are building hotels in Erbil ... Sheraton has also visited the Kurdistan Region to assess […]

Ambassadorial Lunch with Michael Aron, HMA to Iraq

The Middle East Association will host a Lunch for Mr Michael Aron, HM Ambassador to Iraq, on Monday 31st October at Bury House. Michael is a career diplomat, having joined the FCO in 1984. His early work included Iran, the UK Mission to the UN, and the European Commission. He has held a number of […]

TEDxBaghdad - Making the Impossible Possible

TEDxBaghdad will Make the Impossible Possible when it brings some of the country's - and world's - brightest minds to Baghdad's Al-Rasheed Hotel to imagine the Iraq of the future. Through a series of talks and performances by a diverse array of talent, TEDxBaghdad will inspire a new Iraqi narrative in the wake of war […]

Poland may Open Representative Office in Kurdistan

Poland’s Ambassador to Iraq Mr Stanislaw Smolen met KRG’s Head of Foreign Relations on Wednesday to discuss establishing a Polish representative office in the Kurdistan Region. Minister Falah Mustafa Bakir, the Kurdistan Regional Government’s Head of Foreign Relations, and Ambassador Smolen discussed the Memorandum of Understanding (MOU) that is due to be signed between the […]

Import of 22 Vegetables no Longer Banned

AKnews reports that 22 different types of vegetables are not longer banned from being imported into the Kurdistan Region. The ban had been imposed in May in order to boost local production. The KRG's Minister for Agriculture, Jamil Suleiman, said, "since the local production of these vegetables has decreased, the banned items are allowed to […]