Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Basra's Investment Commission says it is making efforts to attract local and foreign investors to the Al-Ahwar (The Marshes) areas south of Iraq, according to a report from Aswat al-Iraq. Haidar Ali Fadhil, Director of the Commission, added that all sectors will be considered, but with a focus on tourism and agriculture in particular. The […]
Iraq Mining 2011, a new international exhibition, conference and trade fair for the mining, mineral and material industries in Iraq, will be held from 7th to 8th September in the Royal Garden Hotel in London. THE AIM To facilitate constructive dialogue and exchanges between all the key players for rebuilding world-class mining, mineral and material […]
UK major companies and businesspeople are seeking to develop business cooperation with their Jordanian and Iraqi counterparts, an official from the British embassy in Amman said on Monday, according to a report from AKnews. Steven Anderson, head of trade and investment section at the UK embassy in Amman, pointed out that representatives of 15 companies […]
A major landmark was reached in the past week when the Iraqi federal government and Kurdistan Regional Government (KRG) agreed on the first payments to oil companies operating in Iraqi Kurdistan. And while oil revenues are the backbone of the Iraqi economy, and international oil companies (IOCs) are essential to that reconstruction of the country, […]
Nineveh signed more reconstruction project contracts with international firms in the past financial year than any other Iraqi province, said the provincial governor on Sunday. Athiel al-Nujaifi told AKnews that a total of 44 companies from around the have undertaken major reconstruction projects in the province in the fields of tourism, industry, public services and […]
The foundation stone was laid for a new $10m [12 billion Iraqi dinar] commercial complex and shopping centre in Erbil on Sunday. Samir Abdullah, Minister of Municipalities and Tourism of the Government of the Kurdistan Region, emphasised the importance of Kuwaiti investments in the region. Nasser Al Sayer, Chairman of the Kuwait Al-Sayer Group of […]
A book fair exhibiting 15,000 titles has been opened in Erbil city’s Central Library. The book fair, organized by the media group Hana Group, in line with its motto “Books for all”, brings together 25 publishers from Iraq, Syria, Jordan, Saudi Arabia, Lebanon, Egypt and Iran and is expected to continue for 10 days. The […]
BurgerFuel Worldwide, the New Zealand-based fast food company, has sold the Master License agreement for the rights to BurgerFuel Iraq. BurgerFuel chief executive for international markets, Chris Mason, who is based in Dubai, said: “We’re moving forward in our plans to establish BurgerFuel in the Middle East by adding Iraq to our other territories in […]
Following the success of the first Iraq Mega Projects conference last year, which offered access to high level decision-makers of Iraq's Mega Projects, CWC today announced dates for the second conference which takes place in Istanbul, Turkey on 18-20 October 2011. Major changes happened in 2010 with hundreds of contracts signed allowing work to begin […]
Iraq spent $450 million [540 billion Iraqi dinars] in preparation for the Arab League Summit, which has now been postponed for a year. The money was spent planting palm trees along highways, re-paving roads and restoring a palace of former dictator Saddam Hussein, according to a report from Reuters. Arab League Secretary-General Amr Moussa said […]
Business between Iraq and Germany has picked up dramatically and trade has reached levels not seen since the 2003 U.S.-led invasion, Germany's Economy Ministry said on Thursday, according to a report from Reuters. Trade volumes between the two countries grew by an annual 63 percent last year, surpassing 1 billion euro ($1.5 billion) for the […]
Karbala Chamber of Commerce called on the British embassy to facilitate Iraqi merchants in getting visas to visit the UK, to increase trade between the two countries. Chairman of the Chamber, Nabeel Al-Anbary, told Aswat al-Iraq news agency that he had talks with the British ambassador and a number of international companies in Baghdad. "During […]
