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 […]
Archive | Iraq Industry & Trade News
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
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.
French Delegation Discusses Investment in Basra
A French delegation has discussed investment opportunities during a meeting with the governor of Basra.
Tags: France, Investment
ISX up Tuesday
The Iraqi Stock Exchange (ISX) index went up by 2.3% to close at 93.3 points on Tuesday . Shares of 10 companies went up, 14 down while 9 others retained their previous rates. The number of shares traded hit 1.3 billion worth 2 billion Iraqi dinars (roughly 1.7 million U.S. dollars) through 227 deals. The […]
New Medical Factory in Mosul
A new factory for producing medical cotton and gauze has opened in Mosul city. "The total cost of the project is around $2.5 million," a source from the factory told Aswat al-Iraq news agency. He said that the factory's capacity is 0.5 tons per day. The source noted that the Iraqi Ministry of Industry funded […]
48 exhibitions to be held in Iraq this year
More than 48 exhibitions will be held in Iraq, including 25 exhibitions in Baghdad of various industrial and commercial sectors, this year.
Tags: Exhibitions, Industry & Trade
Canadian company seeks investment in Basra
A delegation from Canada held a meeting on Wednesday with officials of the Basra Investment Commission (BIC) to discuss the possibility of establishing projects in the province, a media official said.
Tags: Canada, Industry & Trade
UAE's Etisalat nears Iraqi Telco takeover
Telecommunications Corporation has reached an initial agreement with Iraq's Korek Telecom to buy a majority stake in the firm.
Tags: takeover, Telecommunications
Minister of Industry meets his French counterpart
Minister of Industry and Minerals Fawzi al-Hariri, who is visiting France met with the French Minister of Industry and representatives of a number of major French companies.
ISX Index Drops on Security Deterioration
The Iraqi Stock Exchange (ISX) index dropped slightly on Monday by 0.04% after the recent explosions that rattled the Iraqi capital, to close at 91.2 points as share prices of 12 firms out of a total 27 that traded in Monday’s session went down. Baghdad had been hit by a series of car bombing attacks […]