Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
A road accident in Jordan has killed at least six people, including two British nationals, and injured 28 others, including an Iraqi minister, police say. The crash happened when a tourist bus was transporting the victims from the Dead Sea back to Amman late Thursday night, said police spokesman Mohammed al-Khatib. Four Iraqis were also […]
A source at the directorate of jewelry quality control in Erbil told AKnews on Sunday that 19 Kg of diamonds have been imported into the Kurdistan Region so far this year. A diamond dealer confirms that demand for diamonds has grown in the Region in recent months. “We check diamonds and other jewelry imported into […]
An Iraqi economic expert has called on the government to use the border areas to support the Iraqi economy and to create more border crossings for trade. "Over the years, Iraq has not pushed hard enough to open commercial markets with the surrounding countries”, Ali Ke Ji, an Iraqi economic expert, said on Sunday. "We […]
The Kurdistan Cabinet advisor for international relations, said Jihan Rashid Snedi, announced on Sunday that an Egyptian trade delegation will visit the Kurdistan Region. "The Egyptian trade delegation plans to talk with the chief of Kurdistan Chamber of Commerce about reconstruction, investment, business, technology, agriculture and higher education during its stay in Kurdistan," Snedi noted. […]
Iraqi President Jalal Talabani met with an Iranian official on Sunday to discuss bilateral economic relations and ways to expand trade between the two countries, according to a presidential press release. “Talabani welcomed Ali Agha Muhammadi, the economic assistant to the first vice president of Iran, and his accompanying delegation, and expressed Iraq’s keenness on […]
A new industrial area will be built to replace the old one east of Amara [Amarah] city, in Maysan province. “The new industrial area will be on the Amara-Mashrah road, 5 km east of Amara,” a local source told Aswat al-Iraq news agency. He noted that the new industrial area’s designs have been prepared. Amara, […]
A local government spokesperson from Basra has announced that the Chinese company "Tarim" is making the final preparations for a trade fair due to open in the Basra province (550km south of Baghdad). "The governor of Basra, Shiltagh Abboud, hosted a delegation from Tarim which is preparing to open a trade fair in the province, […]
Basra's Governor, Shaltagh Abboud al-Mayyah, discussed the investment opportunities available in the province with a delegation representing the South Korean companies, according to a press release from the province’s information office on Thursday. “Governor Shaltagh received a South Korean delegation comprising the country's Ambassador to Baghdad and representatives of investment firms, for talks on means […]
Iraqi Prime Minister Nouri al-Maliki called on Iranian companies to contribute in the reconstruction operations in Iraq, according to a statement of his office. “This came during al-Maliki’s meeting with Iranian Ambassador to Baghdad, Hussein Qomi [Hassan Kazemi Qomi] , at the end of his term in the country,” said the statement received by Aswat […]
The Australian Ambassador to Baghdad, Robert Tyson, paid a visit to Najaf to foster economic, cultural and scientific relations, Najaf's governor said this week. Adnan al-Zarfi said he received the Australian ambassador on Wednesday (July 21), with whom he dicussed ways of boosting economic, scientific and cultural relations between the local government in Najaf and […]
France has taken a leap ahead of its rivals in the race to tap investment opportunities in Iraq by building a heavily fortified business centre and boutique hotel where businessmen can sleep, eat and work in safety, according to a report from Reuters. The complex, financed by private companies, is near the French embassy in […]
According to one Iraqi politician, Iraq could afford to sever relations with Kuwait without any risk to its economy. Kuwait's relations with Iraq have been on decline for a while, so Iraq would not be harmed if it cut all its ties with this country, according to Wa'il Abdul-Latif [Wael Abdul Latif], of the Iraqi […]
