Archive | Iraq Industry & Trade News

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

Libya Restores Diplomatic Ties with Iraq

Libya has restored full diplomatic relations with Iraq and plans to send an ambassador to Baghdad, according to a report from AFP. Libya announced in June 2003 that it was breaking off diplomatic ties with Iraq and closing its embassy shortly after the US-led invasion of the country earlier that year, following which foreign diplomats […]

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Brazil to Re-Open Baghdad Embassy

Brazil is to re-open its embassy in Baghdad this month 21 years after it was closed, Agencia Brasil, the Brazilian official news agency, reported on Tuesday. The country closed its embassy in Iraq in 1991 following the Iraq-Kuwait conflict, which put the diplomats in that country under risks. Even though for a long time there […]

UNDP and Shell Iraq Sign Partnership Agreement

The United Nations Development Programme (UNDP) and Shell Iraq have signed an agreement to implement a range of development projects in Southern Iraq. The four year partnership aims to increase the number of local area development activities, promote local small and medium enterprises and provide vocational training to respond to the private sector’s needs. “UNDP […]

Entico Corporation Prepares its Third Iraqi Summit

The Entico Corporation is pleased to announce the Maysan and Thi Qar Reconstruction & Investment Summit on the 12th and 13th of May at the Grand Hyatt Hotel, Dubai, UAE. The event will be held under the patronage of H.E. Dr Khudier AlKuzai, Vice President of Iraq. The southern Iraqi provinces of Maysan and Thi […]

Aras Publishers First to Use ISBN in Iraq

Aras Publishers will be the first company in Iraq to use the ISBN (International Standard Book Number) system and professionally enter the international book market, according to AKnews. Bedran al-Habeeb, chairman of the printing company and AKnews, headquartered in Erbil, announced that 10 book titles will be published with an ISBN barcode by the end […]

Iraq Hopes Arab Summit Will Boost Its Role

This article was written by Abeer Mohammad, and was originally published by the Institute for War and Peace Reporting, iwpr.net. It is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi officials are hoping that hosting the […]

US Embassy Helps Young Iraqi Entrepreneurs Create Businesses and Jobs

The U.S. Embassy’s Iraqi Youth Initiative, which forms part of the Tijara Provincial Economic Growth Program run by the United States Agency for International Development (USAID), will mark its two-year anniversary in April 2012. Since the start of the program, loans valued at $3,625,100 have enabled 1,045 young entrepreneurs to build businesses that today employ […]

USAID-Supported SME Centers Creating More Jobs

Iraq’s Ministry of Youth Monitoring and Coordination Director General Adnan Al-Sarraj recently praised USAID-Tijara’s network of eight Small Business Development Centers (SBDCs) for helping Iraqis find employment and start new businesses. The compliment came in a SBDC strategy workshop last week in Erbil at which government officials, NGOs and UN agencies joined USAID-Tijara to discuss […]

Egypt, Iraq Sign $408m Deal on 'Yellow Remittances'

Iraq has reportedly reached an agreement with Egypt on the so-called 'yellow remittances' - money owed to Egyptian workers in Iraq since the 1980s. The Egyptians left Iraq after the U.S. invasion, leaving their jobs and their money behind, and did not receive compensation.This has been a source of tension between the two countries ever […]

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Italian Ambassadors Hope to Bolster Relations with Kurdistan

Italy's ambassador to Iraq and the director general for political and security affairs at the Italian Ministry of Foreign Affairs met President Masoud Barzani and government officials in a visit to the Kurdistan Region this week. Italy’s Ambassador to Iraq Gerardo Carante was joined by Ambassador Sandro De Berrnadrin in a visit that is part […]