Leading High Risk Insurance Specialist Opens Second Iraq Office AAIB Insurance Brokers, the leading Iraq insurance provider, has appointed Mr Michael Carr FCII as the Divisional Director of its Iraqi registered company Al Fajer Insurance and Reinsurance Brokers. He will be based at AAIB’s latest office to open in Iraq, located in the southern city […]
Archive | Iraq Industry & Trade News
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Austrian Companies Explore Opportunities in Kurdistan
Eighteen Austrian companies participated in a trade mission to the Kurdistan Region, touring Erbil, Suleimaniah and Dohuk governorates, to explore commercial opportunities in a variety of sectors. The Austrian Commercial Office in Erbil hosted a banquet, attended by several Kurdistan Regional Government officials, to mark the successful visit. Dr Richard Schenz, Vice President of the […]
Tags: Industry & Trade
ISX Index Up 0.4%, Closes at 93 Points
The Iraqi Stock Exchange (ISX) index went up by 0.4% to close at 93 points as prices of 11 out of a total 29 firms traded in today’s session saw better times. Tuesday’s session saw more than 395.378 million shares exchanging hands at more than 563.872 million Iraqi dinars (roughly $482,000) through 249 deals, with […]
Turkish Consul Says to Increase Investments in Basra
The volume of Turkish investments in Basra is so big and we will increase the number of Turkish companies working in the city to 1000 next year, Turkish consul said on Monday. “Our main goal is to increase the number of Turkish companies working in Basra,” Ali Reda said during the inauguration of a fair […]
Baghdad Trade and Catalogue Show, 20th June 2010
The Show taking place on the 20th of June will be opened by Iraq’s Deputy Prime Minister and has been organised with the support of the US Commercial Service and Baghdad Provincial Reconstruction Team.
Turkish Companies Participate in the Food Products Exhibition in Basrah
The first international fair for food products and household items continue in Basrah for the third day, with over 40 Turkish companies, as well as a number of international and local companies.
Iraq to Wind Up Airline in Kuwait Dispute
The $1.2bn (£837m, €979m) reparations relate to aircraft and parts taken by Iraq during its occupation of Kuwait. The decision to wind up Iraqi Airways is an attempt to avoid the claims filed by Kuwait Airways.
Dutch Delegation to Visit Basra to Discuss Investment Opportunities
“An agreement has been reached with official Dutch authorities to send a delegation of 30 businessmen and traders to Basra to review the investment opportunities and economic capabilities in the province,” said Shaltagh Abboud al-Mayah
Swedish Minister Leads Delegation to Kurdistan
Sweden’s Trade Minister Dr Ewa Björling led a large trade delegation in an exploration of the commercial potential of the Kurdistan Region today. Minister Björling said, “It is fantastic to be back here and to see all the improvements, and to discover how many people still speak Swedish. For the trade delegation, this is a […]
Tags: Industry & Trade
Germany Opens Industry and Commerce Office in Erbil
Germany’s Deputy Minister for Trade and Investment Dr. Karl Ernest Brauner this week opened Germany's Liaison Office for Industry and Commerce in Erbil in an effort to further facilitate trade with the Kurdistan Region in Iraq. During his visit to Erbil, Dr. Brauner also met with President Masoud Barzani who welcomed the decision to launch […]
Tags: germany, Industry & Trade
ISX to Launch a New System by Next Month
The Director of the Iraqi Stock Exchande (ISX), Taha Ahmed Abdulsalam, said on Saturday that the ISX will launch a new general indicator for shareholders as a result of an increase of quoted companies. "Electronic trading had been applied by 5 companies by April 9, 2009. This number eventually rose to 30, out of which […]
ISX Trading Hits ID584m at Weekend’s Session
The Iraqi Stock Exchange (ISX) trading activities this week hit more than 584 million Iraqi dinars (roughly $499,000) as rates of shares of 13 companies went down and 12 up out of a total 41 firms that traded in today’s session. Some 292 million shares exchanged hands at 584.548 million dinars through 236 deals, with […]