The Iraqi Trade Ministry wants to improve Iraq’s international role that has been minimized due to wars and embargo. “The undisciplined policies of Saddam Hussein’s regime negatively affected Iraq’s international role,” the Ministry said in a release on Tuesday received by Aswat al-Iraq news agency. It said that a political and economic plan should be […]
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
Geological Survey Investment Conference in Basra
Basra Investment Commission held a conference on Tuesday to highlight services that can provided by the Iraqi Geological Survey Company to other firms investing in Basra. “The Iraqi firm has a long experience in this field,” Jalalal-Din al-Nuri, the commission’s deputy head, told Aswat al-Iraq news agency. He said that geological surveys are essential to […]
Tags: Basra News, Industry & Trade
Water Company Pays off Iraq Bribe Penalty
Water and gas supply and treatment company AVK Holding has paid a total of 1.2 million Danish crowns to the Public Prosecutor for Serious Economic Crime (SOK) for violations relating to the UN Oil-for-Food Program scandal, Copenhagen Post reported on 15 February. AVK reached a settlement with SOK over the violations, which included accusations of […]
Tags: Industry & Trade
Industry Equipped Mobile Medical Clinics to Ministry of Health of Seven Billion Dinars
Ministry of Industry and Minerals in a statement, on Sunday, said that the General Company for Industrial Design and Consultation of draft is implementing mobile medical clinics for supplying the Ministry of Health of 100 clinic of this kind at a cost of seven billion dinars (about six million dollars), and they supplied the ministry […]
Tags: Industry & Trade
Iraq Making Progress On WTO Application
A senior U.S. trade official says Iraq is making "steady progress" in its efforts to join the World Trade Organization (WTO), RFE/RL's Radio Free Iraq reports. Michael Delaney, the assistant U.S. trade representative for South Asia, told RFE/RL in Baghdad on February 12 that "the Iraqi government has done a lot on its WTO application […]
Tags: Industry & Trade
Opportunities at Breakfast
The reconstruction of Iraq is under way and opportunities for Texas businesses abound. The Bilateral U.S. - Arab Chamber of Commerce (BUSACC) was due to host a business breakfast and panel discussion featuring Iraq's Ambassador to the United States, the Senior Commercial Counsel and a high level Ministry of Energy official and delegation, along with […]
ISX Closes at 91 points on Monday
The Iraqi Stock Exchange (ISX) index registered a slight increase of 0.32% after six consecutive sessions to close at 91.16 points as rates of 11 joint-stock companies’ shares went up. Today’s session saw shares of 30 out of a total 81 electronically-registered joint-stock companies exchanging hands with 9 down, 11 up and 10 retaining their […]
French Undertake the Import and Marketing Tasluja Cement Factory
A statement issued by Media National Center quoted a well- informed official in the Ministry of Trade as saying" DG of State Company for Constructional Material Trade, engineer Abdul Muhsin Anbar al- Rikabby, has signed a contract with the French YCC firm to import and market cement from the Tasluja Cement Factory in Suleymaniyah province. […]
Tags: Industry & Trade
British Firms in Basra Investment Conference
British and Iraqi companies have attended a Basra-based conference on investment opportunities in the province, a local official said on Saturday. “The conference was organized by the Basra Investment Commission in cooperation with Amar al-Khayr Organization at Manawi Pasha Hotel,” the head of the commission, Haydar Ali Fadel, told Aswat al-Iraq news agency. “The event […]
Arabs Urged to Speed up Economic Integration
Arab finance and economy ministers opened a meeting in Kuwait on Thursday with calls for speeding up economic integration, and establishing a customs union by 2015, reports AFP. The ultimate aim is to establish a full Arab common market by 2020. "We must have a working program with a timetable to implement Arab joint ventures […]
Tags: Industry & Trade
Fair for Women Handmade Products in Arbil
A fair for women handmade products has been opened in Arbil city, with the participation of 150 women from the provinces of Kirkuk, Arbil, and Sulaimaniya. The fair that started on Thursday at the capital of the Iraqi Kurdistan region is considered the first of its kind in Iraq.
Iraq to Negotiate with France to Recover 651 Million Euros for Jet Payment
Iraq is trying to recover a 651 million euro (895 million dollar) payment from France for a consignment of Mirage F1 fighter planes that were never delivered, the cabinet’s official spokesman said. “A ministerial committee was recently formed to negotiate with the relevant French parties the recovery of 651 million Euros paid in advance under […]
Tags: France, Industry & Trade