The construction cost of this port is of 4.3 million euros and the first stage thereof will be implemented by an Italian company. The first stage is expected to end in 3 years maximum and the development thereof is expected to last till 2028.
Archive | Iraq Industry & Trade News
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Iran to Set Up Exclusive Expo in Iraq
Iran's first exclusive fair in Iraq's city of Najaf will kick off on April 14, Iran's commercial attaché to Iraq said. The Islamic Republic of Iran Broadcasting quoted Mehdi Nejatnia as saying that 53 Iranian firms will showcase their latest products and achievements in the fields of food, agriculture, technical and engineering, trade, and medical […]
Tags: Industry & Trade, Iran
ISX Index Down by 0.7%, Closes at 92.7 Points Sunday
The Iraqi Stock Exchange (ISX) index went down by 0.7% to close at 92.7 points as trading took place on Sunday over shares of 29 out of a total of 82 electronically-registered firms. Shares of four companies went up, 14 down while 11 others retained their previous rates. The number of shares traded hit 279.555 […]
174 Permits granted for New Industrial Projects
A National press center authorized resource said that the projects were granted 28 billions, 456 million dinars. He added "the projects cover many different industrial, wooden ,paper , chemical, plastics, construction, basic metal, fabricated metal manufacturing and textile sectors." He pointed "DGID granted 23 certificates to complete the establishment of industrial, condition complied, projects." While […]
Tags: Industry & Trade
Iraq-Turkey Trade Up 50 Percent in Past Year
Trade between Turkey and Iraq increased by 50 percent to $9 billion in 2009, an Ankara official told reporters on Saturday in Erbil, capital of Iraq's autonomous northern region. "The volume of commercial exchange between Iraq and Turkey in 2009 was $9 billion, and in the same year Turkish companies signed investment deals worth a […]
Tags: Industry & Trade
American Used Cars Boom in Iraq
Progress in trading of used cars in Iraq, particularly those imported from USA , is booming because of reasonable prices and easy to repair damage according to a number of local merchants. Salam Mohammed, an importer of these cars declared the market for used cars is growing, pointing out that the repairing of vehicles before […]
Turkish Industries Exhibition in Basra
Preparations have been made for an international exhibition for Turkish industries at Basra International Airport, a local source said on Thursday.
Tags: Investment, Turkey
Bulgarian Trade Delegation Meets Basra Officials
Sheikh Ahmed al-Seleity received a trade delegation from Bulgaria and the trade attaché in the Bulgarian embassy in Baghdad to facilitate investment in Basra
Tags: Basra News, Investment
Industry Ministry to Invest in Nassir Company
The Iraqi Industry Ministry will invest in the state-run Nassir Company over the coming five years. “The necessary funds for this purpose have been allocated,” the Ministry said in a release on Wednesday received by Aswat al-Iraq news agency. It noted that the funds will be used to rehabilitate the company’s water treatment units and […]
Russian Firm Discuss Investments
Iraqi Industry Ministry discussed investment opportunities with a delegation from the Russian firm Wontert Capital AG.
Tags: Investment, Russian
Chinese Firm Signs MoU to Conduct 3 Projects in Karbala
A Chinese company delegation has signed a memorandum of understanding (MoU) to carry out three housing and commercial projects in Karbala.
7 Locations Zoned for Investment Projects in Missan
The local authorities in Missan have zoned seven locations for the establishment of investment projects in the province.