Crews in Baghdad pull down a series of massive concrete walls that had divided the Iraqi capital, sparking hope that life in some parts of the battle-scarred city will return to normal: (Source: Reuters)
Archive | Iraq Industry & Trade News
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Tags: video
Nissan Opens Major Service Centre in Erbil
Aswat al-Iraq reports that Japanese auto-maker Nissan will open its biggest service center in the Middle East in May in the city of Erbil. "Iraq started to take positive steps in investment by providing appropriate [conditions]," Ahmad al-Kaswani, general director of Carzone, told the news agency. Carzone is part of the Sardar Group. (Source: Aswat […]
Turkey Considers Investment in Basra
The Turkish Consul in Basra, Farouk Qaimagja, and the Commercial Attache of the Turkish Embassy, met the head of Basra Investment Commission to discuss ways of boosting economic and trade cooperation. "The consul, accompanied by representatives of a number of Turkish companies, reviewed with local officials in Basra ways of attracting Turkish investments to the province […]
Video: Iraq Comments on Trade, Investment, and WTO Membership
Statement by the Representative of Iraq at the General debate of the Thirteenth session of the United Nations Conference on Trade and Development (UNCTAD XIII): (Source: United Nations)
Diaz Reus Opens Offices In Iraq
Global law firm Diaz Reus and Targ, LLP today [Wednesday] announced the opening of offices in Iraq, further expanding its presence in the Middle East and reinforcing its long term commitment to the region. "As the first major international U.S. law firm to enter post-war Iraq, our new offices provide us with a significant presence […]
Tags: Diaz Reus and Targ
Tehran, Baghdad Bolster Industrial and Trade Ties
Iran and Iraq have agreed to increase cooperation in industry and trade, the IRNA news agency reported. Iraq's Planning Minister, Ali Yusuf al-Shukri, Industry and Minerals Minister, Ahmed Nasser Al-Karbouli, and Trade Minister, Khairallah Hassan Babike, met with Iran's Minister for Industry, Mining and Trade, Mehdi Ghazanfari, in Tehran on Monday. They agreed to hold […]
Tags: Iran
Swedish Transport Academy Inaugurated in Erbil
The Swedish Transport Academy, officially inaugurated this week in Erbil, will help Iraq’s unemployed and young people acquire the new industrial skills critical for the reconstruction and recovery of the country`s economy. The Academy, which will supply much-needed skilled mechanics to the Iraqi sectors of logistics, manufacturing, and industrial maintenance of heavy machinery such as […]
Tags: Kurdistan News, Scania, Sweden, Swedish Transport Academy, UNIDO, United Nations, United Nations Industrial Development Organization (UNIDO)
Iraq Allocates $85m to Boost Public Companies
The Iraqi government has allocated 100bn IQD ($85m) from the 2012 budget to kick start loss-making state-owned companies and make them profitable, according to AKnews. A committee member with responsibility for companies development, Mohammed al-Jabri said: "The Iraqi government is serious in dealing with economic problems facing non-profitable companies and in finding practical alternatives to […]
US-Kurdistan Business Council names Gen James Jones as CEO
The U.S.-Kurdistan Business Council (USKBC), a trade group of U.S. companies investing in the Kurdistan Region of Iraq, named former U.S. National Security Advisor General James Jones (USMC-Ret) as the council's CEO last week during a reception honoring President of the Kurdistan Region Masoud Barzani. "General Jones is exceptionally knowledgeable about Kurdistan and about the […]
Sweden Appoints Diplomat and Trade Rep in Erbil
Sweden’s Minister of Trade and Ambassador to Iraq today, 18 April, concluded a three day visit to Kurdistan to officially open an Embassy Section Office and a Swedish Trade Council Office in the Region’s capital Erbil. At the ribbon cutting ceremony for the new offices this morning Sweden’s Minister of Trade Ms Ewa Björling said, […]
Tags: Kurdistan News, Sweden
Kurdistan to Double Trade Volume with Sweden
Trade between the Kurdistan Region of Iraq and Sweden hit $154 million last year and the Swedish authorities are planning to double that figure by 2015, reports AKnews. Swedish Minister of Trade, Eva Bjorling (pictured), opened the Swedish Embassy’s trade office in Erbil, and an institute to help Iraqis address unemployment, on Tuesday. Fathi Mohammed, […]
Trade with Iran Reaches $9 billion
The under-secretary of the Iraqi Ministry of Industry met a delegation of Iranian companies to discuss industrial cooperation and possibilities of Iranian participation in work opportunities in Iraq. According to AKnews, the head of the Iranian delegation, Ameen Shari'ati, said that trade between the two countries reached $9 billion dollars. He hoped this figure would increase, […]
Tags: Iran