Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iraq's Agriculture Minister has allocated 112 billion Iraqi Dinars (IQD) [over $95m] to purchase dates from the local growers. The deputy head of the ministry’s finance and management board told AKnews that the decision is to support and encourage the farmers and boost the agriculture sector. Each ton of first grade dates will be purchased […]
Following on from our listing on Monday of the main cabinet positions, we present a more complete line-up below, compiled from information sourced from Iraq Oil Report and Reuters. The official website of the Iraq cabinet has not published the official list, and has chosen instead to lead with an article about the importation of […]
Iraq's core annual inflation slipped to 3.1 percent in November from 3.2 percent in October and is likely to be at a similar level in December, a central bank official said on Tuesday. Reuters reports that Mudher Kasim, a senior adviser at the Central Bank of Iraq, said inflation was driven mainly by higher housing, […]
UNOPS, the United Nations agency assisting UN organizations, international financial institutions, governments and non-governmental organizations, in the areas of 'peacebuilding', humanitarian and development operations, has issued a tender to conduct a survey of micro-, small- and medium-sized businesses in Iraq. Proposals must be received by UNOPS on or before 30 December 2010, at 10.00am Amman, […]
Camp Bucca, the sprawling former prison once run by the U.S. military in southern Iraq, will be turned into a commercial center with offices, warehouses, aviation and fuel services to support investors, Associated Press reports. Haider Ali Fadhil, the head of Basra Investment Commission, said the $245 million-deal with the Iraqi Kufan Group and the […]
An International Fair was opened in the new Basra International Exhibition Centre in Maaqal in southern Iraq’s Basra Province, with the participation of 70 Iraqi and foreign companies, the Exhibition’s media source said on Sunday. Aswat al-Iraq reports that the Fair, called “WEBO 2010,” was opened with the attendance of Basra’s Governor, Ahmed al-Hassani and […]
Turkey's education minister, Niemat Jobokjo, expressed the desire to help develop Kurdistan's educational sector, he said during a visit to the province. The Turkish minister visited many schools in Erbil, praising educational levels there, and said she wants to develop exchange visits and joint workshops. She was accompanied by Turkish lawmakers and educational officials. (Source: […]
The following article was published on Saturday by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here in full with the author's permission. The opinions expressed are those of the author, and do not necessarily reflect the views […]
The deputy head of the Kurdistan Importers and Exporters Union said the union signed a protocol with the Ukraine Business Council during a visit to the Ukrainian capital Kiev (pictured). The protocol was signed at the conclusion of a wide-ranging commercial conference held by the Ukraine Business Council. Sixteen members travelled from Kurdistan. The terms […]
Following today's momentous decision by the UN Security Council to ease several longstanding Chapter VII restrictions on Iraq, politicians close to the discussions were all in agreement that this was a major step forward for the country. US Vice President Joe Biden, who chaired the meeting, said "Iraq is on the cusp of something remarkable […]
Today's session of United Nations Security Council, which led to the crucially important easing of restriction on Iraq, was chaired by the US Vice President, Joe Biden (pictured). The following is the text of the statement issued from his office, including full details of the decisions made by the Council. Today marks an important milestone […]
The UN Security Council decided on Wednesday to lift several longstanding Chapter VII restrictions on Iraqi trade and activity. In summary, the 15-nation Council passed three resolutions: Resolution 1956, which terminates the UN supervised arrangements for the Development Fund for Iraq on June 30, 2011, which will allow Iraq to take full responsibility for its […]
