Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
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 […]
The U.S. Department of State’s Office of Iraq Affairs has hosted a Doing Business in Iraq Workshop in Washington, D.C, where over 100 U.S. businesses interested in all sectors of the Iraqi economy registered. The workshop is part of a larger initiative that aims to engage, educate, and support U.S. businesses as well as provide […]
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 […]
The 2013 edition of the definitive guide on doing business in Iraq, The New Iraq – Discovering Business, is underway. Produced by allurentis and in association with the National Investment Commission of Iraq and UK Trade and Investment, it provides a comprehensive framework on conducting business in Iraq and is an invaluable reference source for […]
Cementing its position as the leading provider of total, intelligent water management solutions in emerging markets, Metito announces its latest project in Iraq worth more than $9m. "Iraq is striving to improve infrastructure across the whole country which will create interesting opportunities for the water sector", insisted Mustafa Hasan, General Manager of Metito Jordan, Iraq […]
A leading British trade association last week visited the Kurdistan Region for the 10th time, helping to cement Kurdistan’s commercial ties with the UK. The 26-strong Middle East Association (MEA) trade mission met universities, government ministers and officials, and business organisations. Mr David Lloyd, the mission leader and Senior Consultant to the MEA, said, “This […]
Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, has announced that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a task order valued at $55 million by the U.S. Army Corps of Engineers (USACE) Middle East District. The task order was competitively bid under the multi-year USACE MATOC program […]
FDC, one of the largest Value Added Distributors (VADs) of IT products in the Middle East, has officially opened its first service center in Iraq. The launch of such a service center in Iraq has been much anticipated. Customers can now invest in their IT components and laptops with the peace of mind that the […]
A new agreement will see Iraq and Syria work together to complete the Al-Qa'im railway line and increase trade between the two countries, reports AKnews. The Iraqi Railways Company signed an agreement this week with Syrian Railways to construct the remainder of the railway line to reach the Iraqi border in the Al-Qa'im area, which […]
Dow Jones reports that Shell Lubricants, a subsidiary of Royal Dutch Shell PLC, has signed a contract with a local Iraqi company to distribute Shell lubricants in the Iraqi market. The deal with Mared Iraq, a subsidiary of Malia Group, was signed in Erbil on Monday. Neither side gave an indication of the value of […]
Russian President Dmitry Medvedev (pictured) announced on Thursday that Russia would continue helping Iraq to become a democratic, independent country and to preserve its territorial integrity, something that meets the Iraqi people’s interests and is in line with regional stability and security. In a letter delivered to Iraqi Prime Minister, he also signaled Russia's readiness […]
