Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
According to a report from Niqash, Massoud Barzani, the Kurdistan Region Government President, was invited recently to Turkey for talks on increasing economic integration between the two states. With trade between the Iraqi Kurdistan Region and Turkey reaching $9 billion, relations between Turkey and the Region have improved significantly. Turkey is working hard in the […]
The chairman of the Wassit Investment Commission said that a number of Bulgarian companies visited the governorate on Thursday to discuss investment opportunities. Sadeq Howeidi told Aswat al-Iraq news agency on Friday that the delegation discussed agriculture and industrial sectors, and signed a memorandum of understanding with the province relating to the medial sector. They […]
Iraq’s Prime Minister, Nouri al-Maliki, has called on Iraqis not to depend on the country’s oil fortune only, reiterating the necessity to develop other sectors of the economy such as agriculture and tourism. “Iraq is the homeland of agriculture and tourism, and it is not right to keep on fully depending on its oil fortune,” […]
We've reported in the recent past on the difficulties faced by foreign businesses in getting visas to work in Iraq. This week Iraq Oil Report has found that the reason for the delays is a decision by the office of the Prime Minister, Nouri al-Maliki, that applications for visas don’t just go through the Interior […]
London Corporate Training, along with many other reputable organisations, has suffered for too long from the difficulty in obtaining UK entry visas for Iraqis. Not everyone can afford the time and money to fly to Jordan to apply for their visa – and then wait for up to three weeks to learn whether or not […]
An official from the Haji Omaran [Haj Omran, Haj Umran] Customs Office, 147 km northeast of Kurdish capital Erbil, said trade through the Haji Omaran border crossing will be suspended three days from March 21. The gate will, however, be open for the passage of the visitors from both Iran and the Kurdistan Region, Salam […]
The Middle East Association, in partnership with UKTI, will be taking a Trade Mission to Jordan from 9th to 13th May. The Mission will visit Amman and facilitate exposure to important business opportunities in the Iraqi and Jordanian markets. Over 200 Iraqi companies are registered in Amman, and the city serves as the preferred residence […]
Iraq welcomes Sri Lanka’s cooperation and talented labour force to rebuild the nation, according to a report from Sri Lanka's Daily Star. Addressing a media briefing at the Chamber of Commerce yesterday, Iraq's Ambassador, Kahtan Taha Khallaf Kali, said Iraq aims to produce 11 million barrels of oil per day in 2016, compared to about […]
The Executive Board of the International Monetary Fund (IMF) completed the second review of Iraq’s economic performance under a program supported by a Stand-By Arrangement (SBA) on Friday. Completion of the second review makes an additional SDR 297.1 million (about US$471.1 million) available for disbursement, bringing the total resources currently purchased by Iraq under the […]
MAG (pronounced “Mag”) – Mines Advisory Group – is a neutral and impartial humanitarian organisation that clears the remnants of conflict for the benefit of communities worldwide. MAG has destroyed more than 430 deadly weapons that were threatening the lives of truck drivers and blocking development at one of the biggest trading points between Iraq […]
An international investment magazine has ranked Erbil in fifth position among top Middle East cities with potential for foreign direct investment. This places Erbil ahead of Muscat and Riyadh. FDI Magazine, a subsidiary of the Financial Times, in this month's edition, ran a feature on Middle East cities of the future, ranking cities by economic […]
Iraq’s commercial attaché in Egypt said on Monday that the Arab League has set a 2012 deadline for the completion of a unified customs table in preparation for the 2015 launch of the Arab Customs Union. “The customs tables include all the goods that are traded in the world, and therefore rerquire enormous effort,” Ali […]
