Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
By John Lee. Iraq's Ministry of Electricity has held discussions with representatives of US company GE on expanding the Mansuriya gas power station and adding combined-cycle units. The meeting was chaired by Mohammed Nouama Al-Tufeili, the ministry's undersecretary for production affairs, and was attended by representatives of the Investments and Contracts Directorate, the Planning and […]
By John Lee. Iraq recorded 1,754 cross-border transit journeys under the TIR (Transports Internationaux Routiers) system in August, continuing a trend of growth in international road freight transit. Murtadha Karim al-Shahmani, Director General of the General Company for Land Transport, attributed the result to ongoing coordination between relevant authorities and the work of the company's […]
By John Lee. Plans are under way for an Iraqi Dates Exhibition, scheduled for the end of October, aimed at promoting the export potential of Iraqi dates and strengthening their position in domestic and international markets. The first meeting of the preparatory committee was held by the Private Sector Development Directorate of the Ministry of […]
By John Lee. The Brazil-Iraq Chamber of Commerce and Industry (CCIBI), has announced that its President, Nawfal Alssabak, died on Thursday following a heart attack. In a statement, the Executive Vice President of the CCIBI, Jalal Jamel Dawood Chaya, said that Mr Alssabak worked tirelessly to bring Brazilian and Iraqi companies, authorities, and institutions closer […]
By John Lee. Plans to expand Iraq's customs automation system and introduce pre-payment of customs duties are under active review. Finance Minister Faleh Sari chaired a meeting on Wednesday with officials from the General Customs Authority and experts from the United Nations Conference on Trade and Development (UNCTAD) to discuss next steps. According to the […]
By John Lee. Steven H. Fagin has returned to Baghdad as Chargé d'Affaires of the United States Mission to Iraq. According to the US Embassy in Baghdad, Fagin previously served as US Ambassador to Yemen, and before that as Chargé d'Affaires and Deputy Chief of Mission in Baghdad, and as Consul General in Erbil. (Source: […]
By John Lee. Mercedes-Benz Iraq has signed a memorandum of understanding (MoU) with the Erbil Chamber of Commerce and Industry to strengthen business ties and create new local opportunities. The signing was attended by Erbil's Governor, Omed Khoshnaw, along with government officials and traders. The MoU was signed by Mercedes-Benz Iraq's CEO, Bernhard Dolinek, and […]
By John Lee. Iraqi Airways has launched an online rebooking service allowing passengers to change their flight date or destination without visiting a company office or agent. Director General Mustafa Talib said the facility would save passengers time and effort, and offer greater flexibility in managing their bookings. He added that the airline would continue […]
By John Lee. Meetings have taken place in the United Arab Emirates between Iraq's Ministry of Health and senior representatives of major international pharmaceutical companies, aimed at encouraging their return to the Iraqi market. British Ambassador to Iraq Irfan Siddiq attended and assisted with the meetings. The most significant meeting was with GSK, a British […]
By John Lee. A project to assess limestone reserves suitable for cement production is under way in the Wadi al-Mahari area, south of Najaf governorate. The work is being carried out by the Iraqi Geological Survey, a body within the Ministry of Industry and Minerals. According to the Ministry of Industry and Minerals, the project […]
By John Lee. Iraq's Ministry of Trade has held talks with Australia's Ambassador to Baghdad, Glenn Miles, on expanding bilateral trade and investment relations. According to the ministry, Minister Mustafa Nizar Jumaa said Iraq was ready to facilitate access for Australian companies to the Iraqi market and to remove obstacles to their entry. Miles indicated […]
By John Lee. A memorandum of understanding (MoU) on water sector development has been signed between Iraq's Ministry of Construction, Housing and Municipalities and the Japan International Cooperation Agency (JICA), in a ceremony held in Istanbul. The MoU was signed by Ammar Adel Hussein, Director General of the General Directorate of Water, on behalf of […]
