Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iraq's core annual inflation rose to 1.9 percent in August from 1.7 percent in July, according to Reuters, quoting an official at the Central Bank. "The core inflation is stable, this is a normal rise due to the increase of food prices during the month of Ramadan," sais Mudher Kasim, a senior adviser in the […]
The Diyala State Company For Electrical Industries had sales of more than 4.12 billion dinars ($3.4 million) during August, according to a statement from the Industry Ministry. “The company has supplied the electricity distribution departments in Missan, Anbar and Diala with 308 generators to improve the performance of their networks,” said the statement received by […]
Patrick Fitzgerald, director of the US Defense Contract Audit Agency, told the Commission on Wartime Contracting that his agency lacks the resources to track all the money being spent in Iraq. The Pentagon’s top auditor said on Thursday that there may not be enough auditors to oversee all of the billions of dollars being spent. […]
The German School in Erbil, Kurdistan-Iraq was officially opened on 16 September by Safin Muhsin Dizayee, the Regional Government’s Education Minister, Nihad Qoja, the Chairman of the School Association and Stefan Bantle, the Head of the German Consulate-General in Erbil. It is thus the newest of a total of more than 130 German schools abroad […]
Iraq's Industry Ministry granted 168 permits for new industrial projects during the month of August. “The total investment value of the projects is around $30.254 million [36 billion Iraqi dinars],” said a press release issued by the ministry on Wednesday, according to Aswat al-Iraq news agency. The projects are related to food, textile, wood, paper, […]
We reported last month that Iraqi Minister of Labor and Social Affairs, Mahmoud al-Sheikh Radhi, had rejected the idea that Iraq should join the World Trade Organization (WTO); now a source in the outgoing Iraqi government said on Monday that Iraq is in negotiations to become a member. An Iraqi task force was established in […]
Qubad Talabani, the son of Iraqi President Jalal Talabani and Representative to the United States from the Kurdistan Regional Government, is on a two day trip to Orlando, Florida during which he will address the Orlando Area Committee on Foreign Relations and meet with students and faculty at the University of Central Florida. The Kurdistan […]
AKnews reports that the amusement park in Anbar province’s capital city, Ramadi, has re-opened after a seven-year break. The park was opened in 1993 and attracted people from all over Anbar province, but closed in the aftermath of the U.S.-led invasion of Iraq. It was reportedly a stronghold for insurgents in the past few years […]
Who wants to MeetTheBoss? We thought you would like to, for a start. IBN has linked up with GDS International, publishers of b2b web sites and magazines, to bring you ‘MeetTheBoss.tv’. MeetTheBoss.tv highlights world leaders of industry and commerce, such as: Anne Sweeney, co-Chairman of Disney and the most powerful woman in Television; Herbert Hainer, […]
Anbar Council has launched a project to upgrade its three border crossings, with the intention of raising additional revenue, the head of the council’s investment committee said on Tuesday. The three border crossings are: Arar (on border with Saudi Arabia); Tarbiel [Tirbil] (on border with Jordan); and al-Tanf (on border with Syria). The project will […]
The Kurdistan Regional Government UK Representative yesterday and today in Belfast met Trade Minister Arlene Foster, politicians and the private sector to forge closer ties with Northern Ireland. On her first visit to Northern Ireland, Ms Bayan Sami Abdul Rahman met the Minister for Enterprise, Trade and Investment at Parliament Buildings. Mrs Foster said, “I […]
Conference on bridging the research gap The Kurdistan Regional Government (KRG) Ministry of Higher Education and Scientific Research will hold an international conference on revitalising scientific research, from 14 to 16 December in Erbil, capital of the Kurdistan Region. The goal of this conference is to connect university departments and individual scientists with their counterparts […]
