Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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 […]
Bloomberg reports that Iraq has made its first payment on a $3 billion program to buy 18 Lockheed Martin (LMT) F-16 fighter jets. Pentagon spokesman George Little commented: “A long-term strategic relationship with Iraq is important. We seek to find ways to enable the Iraqis to provide for their own security and to add to […]
An Iraqi-British economic forum is set to introduce British investors to business opportunities in the oil-rich province of Basra next month. According to head of the investment board in Basra, the forum is expected to attract some of the giant British energy companies including BP and Shell. Khalaf al-Badran, head of Basra Investment Commission told […]
A new World Bank report released today, Republic of Iraq Financial Sector Review, highlights that while reforms are ongoing in the financial sector, the country needs to push further to ensure that a system still characterized by state-domination and lack of transparency reaches its full potential. The report stresses the critical importance of the financial […]
The Kurdistan Regional Government is for the seventh year running attending the annual conferences of the three main British political parties. This week Bayan Sami Abdul Rahman, the Kurdistan Regional Government's (KRG) Representative to the UK, attended the Liberal Democrats party conference in Birmingham. The Liberal Democrats have been in government for over a year […]
In recent years, Iraq has undergone profound economic and social transformations. A new middle class is now emerging. In this article from Niqash, An Iraqi economist discusses how helpful that group is, in changing Iraq for the better. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq […]
