Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Trade between Iraq and the Netherlands in 2011 topped $630 million, according to a report from AKnews. Salam Qurayshi, economic advisor to the Iraqi Council of Ministers, told AKnews the business was mainly in the field of residential housing and oil projects. He added there are only nine Dutch companies in Iraq and 21 company […]
In an effort to enhance cooperation and trade relations with the Kurdistan Region, the Swedish Minister of Health and Social Affairs, Mr Göran Hägglund, visited the region with a business delegation this week. During his visit, Sweden announced that it will upgrade its diplomatic presence from an honorary consulate to an Embassy Office. The visit […]
The EIC is organising an oil and gas trade mission to Basra in Iraq. Missioners will have the opportunity to attend organised group meetings with key local players, as well as incorporating a briefing meeting presented by qualified speakers with in-market experience and the opportunity to meet with local companies. Why Iraq? As Iraq works […]
Vinson & Elkins and Cleary Gottlieb Steen & Hamilton are advising Iraq’s oil ministry in a $17.2 billion deal with Royal Dutch Shell and Mitsubishi to develop the infrastructure required to process natural gas in the southern part of Iraq. The transaction agreements, which were signed on 27th November, came as Iraq attempts to rebuild its […]
Iraq will host 20 international exhibtions and trade fairs in 2012, according to AKnews. Sadiq Sultan, the general manager of the Exhibtions Company in the Iraqi Trade Ministry, said: "The exhibitions attract international companies to enter the Iraqi market, especially in the fields of construction, agriculture, industry and investment." Sultan spoke on the occasion of […]
A retired major in the U.S. Army was sentenced today to 24 months in prison for engaging in money laundering of criminally derived property totaling $400,000, which he received from a contractor following his deployment to Kuwait, announced Assistant Attorney General Lanny A. Breuer of the Criminal Division. Charles Joseph Bowie Jr., 45, of Georgetown, […]
Prime Minister Nouri al-Maliki has called on U.S. companies to help rebuild Iraq, according to Reuters. In a speech at the U.S. Chamber of Commerce, Maliki said: "As much as we committed to defeat terrorism, we are now committed to grow the private sector ... It is now not the generals, but corporations and business […]
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement after a meeting with H.E. Nouri Al-Maliki, Prime Minister of Iraq in Washington on Tuesday: It was a pleasure to meet Prime Minister Al-Maliki today. Over the past several years, Iraq and the International Monetary Fund have engaged in a […]
Soler & Palau, the leading Spanish company specialized in ventilation, announced the appointment of Quality Trading Company, Qualtra, as the authorized and only distributor in Iraq for their products that include both industrial and domestic ventilation. The partnership was signed during an official ceremony that was held on Oct 27th in Murica, Spain, between S&P […]
Avnet Technology Solutions, an IT solutions distribution leader and an operating group of Avnet, Inc. (NYSE: AVT), will hold a special training program “HP Networking Academy” in association with HP Networking division. As part of Avnet’s Value Add program the training is designed to enrich the skill set of channel partners and to update them […]
Iraq wants to make a deal with the United States for another 18 F-16 multi-role fighters to expand its fledgling air force, according to reports from UPI and Aviation Week. Lockheed Martin won the deal to provide 12 F-16C and six F-16D Block 52 aircraft, plus spares and support. The contract runs through May 2018. […]
More than 100 airport and government dignitaries, customers and suppliers joined dnata’s senior management last night for a gala dinner in Erbil to celebrate the re-launch of the dnata brand in Iraq. Since its launch in March 2010, dnata’s operation at Erbil International Airport has expanded steadily, providing comprehensive ground handling and cargo services to […]
