Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Bandits, border guards and big profits NIQASH’s correspondent follows the illegal nicotine trail, as he joins local smugglers taking cigarettes into Syria. Dodging border guards and bandits, he meets the locals risking their lives to deliver millions of profitable packs to smokers every day. Several days ago, two soldiers and a member of the public […]
Iraq’s wheat production will total 1.8 million metric tons this year, and the country is expected to become an exporter of the grain by 2015, Deputy Agriculture Minister, Ghazi al-Abudi, said at a press conference in Baghdad. Bloomberg reports the minister as saying that otput is on course to reach 2.25 million to 2.5 million […]
Iran plans to increase its electricity exports to Iraq to 1,250 megawatts, the Iranian Energy Minister Majid Namho told Mehr News Agency on Tuesday. Mehr quoted the Iranian Minister, in a meeting in Tehran with Iraq’s Electricity Minister, Raad Shallal Saeed al-Any [Ra'd Shalal al-Ani], that “Iran’s power exports for Iraq, now estimated at 800 […]
An arms deal under which Iraq would buy $13 billion in American weapons has been recommended for cancellation by the Iraqi parliament’s integrity committee, reports AKnews. The deal has been criticized for involving extensive financial corruption. A member of the committee, Aliya Nussaif, told AKnews that the parliament has passed a request by the committee […]
This article was written by Hazim al-Sharaa, 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. The ministry of labour has drawn criticism […]
Reuters reports that the United States has wasted $34 billion [40 trillion Iraqi dinars] on service contracts with the private sector in the wars in Iraq and Afghanistan, according to a study being finalized for Congress. The findings by a bipartisan congressional commission were confirmed to Reuters by a person familiar with the draft of […]
Egypt’s Consul in Erbil on Wednesday hosted the first ever Egyptian National Day reception in the Kurdistan Region of Iraq. The consulate, which was opened late last year, has paved the way for closer ties in many areas and is working to start Egypt Air flights between Cairo and Erbil in the near future. In […]
KRG.org recently interviewed the KRG Head of the Department of Foreign Relations (DFR), Falah Mustafa Bakir, regarding recent developments and the role of the DFR. KRG.org: How is the Kurdistan Region represented abroad, and is this representation sanctioned by the Iraqi constitution FMB: Yes, our activities through our KRG offices abroad are fully in accordance […]
Real progress had been achieved in replacing Iraq’s ruthless dictatorship with institutions mandated by constitutional principles, which laid the ground for “cautious optimism” about the future, provided that determined national leadership and a stronger spirit of cooperation in the region prevailed, Ad Melkert, Special Representative of the Secretary-General told the Security Council today. Briefing the […]
By Chris Bowers, British Consul General in Erbil. This article was originally published by Rudaw, and is re-published with permission by Iraq Business News. I was delighted to see that a UK consortium, Spectrum C2R, has just won a major contract for waste management in Salahaddin and half of Erbil: an excellent choice and coming […]
The French ambassador to Iraq visited Najaf on Monday in a move aimed at encouraging French investment in the area. AKnews reports that Denys Gauer (pictured) said in a press conference that he held talks with Najaf governor Adnan al-Zarfi about increasing the French contribution to the reconstruction of the region in the areas of […]
President Masoud Barzani thanked the outgoing Dutch Ambassador to Iraq, Peter van Leeuwen, who was on a farewell visit to the Kurdistan Region on Wednesday, for his exceptional contribution to strengthening the friendship between the people of the Kurdistan Region and the Netherlands. During their meeting in Erbil on Wednesday, President Barzani thanked the ambassador […]
