Local wool has been exported to Iran through the Abu Falous Port in Basra province, the public relations and media director at the State Company for Iraqi Ports said on Sunday. “The Iranian ship Rahmat has landed at Abu Falous Port to transport Iraqi wool to Iran,” Anmar al-Safit told Aswat al-Iraq news agency. ( […]
Archive | Iraq Industry & Trade News
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iraq eyes non-oil investments
Iraq wants to form joint ventures with foreign investors to overhaul some 240 idle factories around the country
ISX Down 94.8 Points
The Iraqi Stock Exchange (ISX) index this week went down to register 94.8 points with trading worth 3.4 billions Iraqi dinars, compared to last week which registered 97 points. Traded shares this week worth around 3.425 billion Iraqi dinars ($2.9 million) through 1282 deals with non-Iraqi investors completing 175 deals worth 645.615 million Iraqi dinars, […]
Tags: Baghdad, Industry & Trade
The National Iraqi Coalition has called for a round-table, for the political parts
The Iraqia List is quite determined to nominate Alaawy for the next PM
New Stock Market for Diwaniya
The U.S. reconstruction team in Diwaniya has held a conference to establish a stock exchange in the province, in cooperation with the local government. “The conference was held at the headquarters of the Diwaniya Chamber of Commerce”, a media adviser in the team, Ahmed al-Quseer, told Aswat al-Iraq news agency. The U.S. team has helped […]
Tags: Industry & Trade
School Desks for Diwaniya
In cooperation with the local government in Diwaniya, the U.S. reconstruction team has opened a factory to manufacture school desks at a total cost of $25,000 U.S. dollars. “The Multi-National Force’s (MNF) U.S. reconstruction team has opened the factory, located at the storehouse of the Diwaniya Education Department in al-Jazaer neighborhood, downtown Diwaniya,” a media […]
Tags: Industry & Trade
Central Markets Activated in Karbala
Central markets have resumed trading in the holy province of Karbala for the first time since the 2003 U.S.-led invasion of the country, a local official said on Thursday. “We have started to activate central markets, which have been idle for the past years due to the absence of subsidy and a lack of cheap […]
Tags: Industry & Trade, Karbala
100,000 Visitors Per Day at Najaf Book Fair
The Najaf 3rd International Book Fair, that ended on Sunday (March 21) evening, witnessed 100,000 visitors per day. “The fair was open for 10 days,” Ali Jihad Hassani, a source from the fair, told Aswat al-Iraq news agency on Monday. He said that all books that were exhibited in the fair had been sold. ( […]
Tags: Industry & Trade
Kuwaiti Company Seeks to Invest in Karbala
Aswat Al Iraq quotes a senior local official as saying that a Kuwaiti company is keen to invest in Karbala province. “A delegation from Kuwaiti Bukhamseen Holding paid a visit on Monday to the Karbala council, where it expressed desire to implement projects in the province,” Engineer Zuhair al-Karieti told Aswat al-Iraq news agency. “The […]
Tags: Industry & Trade
Investment permit given to build shopping complex in Basra
The investment commission in Basra has given an investment permit to establish a shopping complex in the north of the city at a total cost of $3.27 million U.S. dollars.
Butcher’s Shop in Karbala for ID1bn
The Karbala governor has opened a modern butcher’s shop in the city, which was constructed by a local company at a total cost of 1 billion Iraqi dinars, a media spokesperson said on Saturday. “The shop is located on the main road between Karbala and Najaf,” Zaheer Majli told Aswat al-Iraq news agency. “The butcher’s […]
Tags: Industry & Trade
Oil Supply Surge, Price Drop in Iraqi Auction
“In this scenario, the role of Iraqi supplies may be more of a brake on rising prices than a catalyst to a lower price path,” the report explained. “In any case, the Iraqi auction clearly opens the door for a careful review of the conventional wisdom on the outlook for oil prices over the next […]