Proxy trade minister, Safa' Al-Deen Al-Safi, received a number of flour mill owners and discussed details of the new contract. He emphasised the importance of the private sector in developing production and his intention to support production of high quality flour to standards that meet the needs of citizen and state. National media center stated […]
Archive | Iraq Industry & Trade News
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Tags: Industry & Trade, Ministry
Iran Trade With Iraqi Kurdistan to Expand
Iran and Iraq's Kurdistan Regional Government (KRG) agreed to increase bilateral trade in the current year, a Kurdish official announced on Monday. "The volume of trade between Iraqi Kurdistan and Iran will increase to $4 billion this year," a member of the Iraqi Kurdistan's Legislative Council, Feiz Ali Khorshid, told Fars News Agency. The meeting […]
Tags: Industry & Trade
Iraqi-Turkish Conference in Basra
A joint conference was held on Tuesday by the Iraqi businessmen association with the Turkish consulate in Basra to develop commercial relations between the two countries.
Tags: Investment, Turkey
KIC Calls for Indian Trade
The Karbala Investment Commission has called for the establishment of an international center to exchange goods with India, media spokesman for the commission said on Tuesday. “The center will concentrate on exchanging goods and products between Iraq and Indian companies, which took part in the investment conference in Karbala,” Raed al-Asali told Aswat An investment […]
Missan Governor Discusses Investment Cooperation with Turkey
Talks poured over opening an office to implement projects in coordination between Turkish companies and local businesses.
50 Chinese Firms Exhibit Goods at Fair in Southern Iraqi Province
A trade exhibition at the southern city of Nasiriya has drawn 50 Chinese firms, a senior provincial official said. “Nasiriya is now playing host to 50 Chinese firms exhibiting various products,” said Ali Fahad, a deputy governor. Nasiriya is the capital of Dhiqar Province, which mainly relies on agriculture as the mainstay of its economy. […]
Tags: Industry & Trade
Carrefour to Open Its First Iraq Store in Erbil
Renowned French hypermarket chain Carrefour will open its first Iraq store by the end of 2010 in Kurdistan Region under license from the United Arab Emirates franchise
Basra Approves Free Trade-zone with Iran
Basra’s Investment Commission granted a permission to start a free trade-zone area with Iran.
Tags: Iran
South Koreans Still in Talks for Steel Complex
STX Heavy Industries, a South Korean contractor is still in negotiations with Iraq's industry and minerals ministry over the $3bn contract for a Basra steel mill project, Meed has reported, citing a source close to the deal. Upon completion, the Basra steel mill will have a capacity of 1.2 million-t/y of iron bars; 600,000-t/y of […]
Tags: Industry & Trade, steel
ISX Index Down by 1.8%, Closes at 91 Points
The Iraqi Stock Exchange (ISX) index went down by 1.8% to close at 91 points as trading took place on Tuesday over shares of 37 out of a total of 82 electronically-registered firms. Shares of 9 companies went up, 19 down while 9 others retained their previous rates. The number of shares traded hit 506 […]
Basra OK’s Free Trade-zone with Iran
Basra’s Investment Commission has granted permission to start a free trade-zone area with Iran. “The project was proposed by a local firm,” a source from the commission told Aswat al-Iraq news agency on Tuesday. He said that the firm will invest $16.2 million in the project over a period of 25 years. ( Aswat Al […]
Iranian Fair Opens in Najaf
A 4-day Iranian commercial fair opens in Najaf city on Wednesday, April 14. “Fifty-five Iranian firms will participate in the fair,” a source from the Najaf Chamber of Commerce told Aswat al-Iraq news agency on Tuesday. He said that the Iranian companies are considered specialized in their fields. ( Aswat Al Iraq )
Tags: Industry & Trade, Najaf