Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
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. […]
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 […]
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 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 […]
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 […]
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 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’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 […]
Between 18 and 23 September, Baroness Nicholson visited Baghdad in her capacity as Chairman of the Iraq Britain Business Council (IBBC). She stayed at the British Embassy with the Ambassador, Michael Aron, and met a range of influential Iraqi leaders, including Prime Minister Nouri al-Maliki and two of his three Deputies. She also met Iraqi […]
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 […]
The following report was published on 26th September 2011 by the International Crisis Group. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. To download the full report, please click here. EXECUTIVE SUMMARY AND RECOMMENDATIONS After years of uncertainty, conflict and instability, the Iraqi state […]
