The latest Iraq Diplomatic News – Egyptian National Day, Ebril, Egyptian Consulate and more – brought to you by Iraq Business News
By John Lee. Egypt's exports to Iraq have increased by more than 12 percent from January to May, compared with the same period last year. Citing data from the Central Agency for Public Mobilization and Statistics (CAPMAS), Egypt's official statistical agency, Egypt Today says exports increased from $274.7 million to $308.5 million. More here. (Source: […]
By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, met with leading Egyptian business representatives in El Alamein, Egypt, on Tuesday, during his official visit to the country. The meeting emphasized the strategic relationship between Iraq and Egypt, highlighting the potential for economic integration between the two nations. Al-Sudani noted Iraq's ongoing recovery and stability, […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani met with a delegation of Egyptian, Saudi, and Iraqi business leaders specializing in real estate development and integrated smart cities. The delegation included Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG); Suleiman Abdul Qader Al-Muhaidib, Chairman of Saudi Arabian Al-Muhaidib Group, along Essam […]
By John Lee. Australian engineer Robert Pether and his Egyptian colleague Khalid Radwan have now spent more than three years in prison in Iraq. The pair were detained in April 2021 by authorities in Baghdad in relation to a dispute over the construction of the new Central Bank of Iraq (CBI) headquarters in Baghdad. They […]
By John Lee. A delegation from the Egyptian company Egytrafo, which specialises in manufacturing electrical transformers, met this week with Ziad Ali Fadel, the Iraqi Minister of Electricity. During the meeting, which was also attended by the Chargé d'Affaires of the Egyptian Embassy in Iraq, they discussed mutual cooperation between Iraq and Egypt, emphasizing the […]
By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani has received a delegation of Egyptian businessmen and investors specializing in infrastructure projects, the housing sector, and the pharmaceutical industry. Mr. Al-Sudani welcomed the delegation, affirming Iraq's keenness to sustain bilateral cooperation with Egypt and its private sector, and to expand its horizons in various fields. […]
By John Lee. Under the patronage of Prime Minister Mohammed Shia Al-Sudani, the signing ceremony for the new Ali Al-Wardi Residential City project took place on Wednesday. Iraq's Minister of Housing, along with the director of Egypt's ORA Developers, Mr. Naguib Sawiris, signed the contract. This project is the largest of five new residential city […]
By John Lee. Australian engineer Robert Pether and his Egyptian colleague Khalid Radwan have now spent 1,000 days in prison in Iraq. The pair were detained in April 2021 by authorities in Baghdad in relation to a dispute over the construction of the new Central Bank of Iraq (CBI) headquarters in Baghdad. They have been […]
By John Lee. Five Iraqi start-ups are reported to be among the 24 new businesses selected to take part in Flat6Labs' StartMashreq Growth Track programme. The programme, which started in June and will run until December 2024, is part of StartMashreq's broader vision to inspire and support displaced entrepreneurs and empower female-led startups in the […]
By Yerevan Saeed for the Arab Gulf States Institute in Washington (AGSIW). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq and Egypt Boost Diplomacy, but GCC Remains the Linchpin Increasing diplomatic engagements between Iraq and Egypt are helping to advance a more ambitious […]
By John Lee. Egyptian billionaire Naguib Sawiris has met with Iraqi Prime Minister, Mohammed Shia Al-Sudani, to discuss a major project in Baghdad. No details of the project were given, but Sawiris, the Chairman of Egypt's Orascom Investment Holding company, had also met earlier this year with the Chairman of Iraq's National Investment Commission (NIC) […]
Bassem Rahmi, CEO of Egypt's Micro- Small- and Medium-sized Enterprises Development Agency (MSMEDA) has emphasized the agency's commitment to implementing the political leadership's directives aimed at enhancing cooperation with relevant entities in the development and advancement of the small business sector in Arab countries. The agency seeks to exchange expertise regarding mechanisms that drive the […]
