Tag Archives | Egypt

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Arab Economic Union Office to Open in Baghdad

Iraqi representative to the Arab League, Dr. Qais al-Azzawi, said that a branch of the Arab Economic Union will open in Baghdad in the near future, according to AKnews. Following a meeting on Sunday with Ambassador Mohamed al Rabie’, the General Secretary of the union, Al-Azzawi told AKnews that the opening of the office represents […]

New Air Routes Between Egypt and Iraq

The Egyptian Consul General to Kurdistan Region, Suleiman Othman, said that flights between Egypt and the Region will commence in December, and passengers to Egypt can get their visas in Erbil. In an interview with AKnews on Monday, the consul said that Nile Air will launch Cairo-Erbil and Sulaimaniya-Cairo routes. "This step will definitely improve […]

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Egyptian Central Bank Trains Iraq's Bankers

With the stated aim of contributing to the reform of the Iraqi banking sector, the Central Bank of Egypt (CBE)'s Banking Institute has begun training employees of Iraq's central bank in modern methods of banking and finance, administration and human resources. According to Banking Institute Executive Director, Hala al-Said, the move comes within the context […]

New Consulates Planned for Basra

The Russian and German ambassadors to Iraq said on Monday that their countries want to open consulates in Basra in order to develop economic relations with the provincial government. The news was announced following the two ambassadors’ visit to the governor of Basra province, Shiltagh Abboud, yesterday. The German Ambassador to Iraq, George Christian, told […]

Egytians Want To Invest in Kurdistan

Rashid Mohamed Rashid, Egypt's Trade and Industry Minister, is to head a delegation of investors on a visit to Iraqi Kurdistan, to consider the possibility of establishing projects in industry, tourism, energy, housing and infrastructure in the Kurdistan provinces. Egypt is encouraging the private sector to go to Iraqi Kurdistan as part of the support […]

Egypt to Open Consulate in Basra

Egypt's ambassador to Baghdad, Kamal Shaheen, has said that he wants to re-open a consulate in Basra province soon. He told NMC that this decision reflects a desire to deepen relations with Iraq. He added that many Egyptian investors and businessmen visited Baghdad to review investment opportunities, and their next step was often to visit […]

Arab Contractors Company Returns to Iraq

Egyptian property developer Arab Contractors Co has unveiled plans to open two branches in Iraq, one in Baghdad and one in Erbil, after a four-year absence from the war-torn country due to unstable security conditions, Al-Masry Al-Youm has reported. "Over the last four years, a good part of the contracting business in Iraq went to […]

Iraq Considers Arab Gas Pipeline Link

Iraq has discussed with Egypt the issue of linking up to a gas pipeline running from Egypt through other Arab states as a way to export its gas, Reuters has reported. The Arab Gas Pipeline is aimed at supplying customers in Jordan, Syria, Lebanon and Turkey, and potentially Europe through Egypt. (Source: Reuters)

Egyptian Firms Claim Under Iraq Oil-for-Food Program

Egyptian private- and public-sector officials have criticized the Foreign Ministry's seeming disregard for demands by the Trade Ministry’s Trade Representation Agency for US$1.1billion in compensation to be paid out to Egyptian companies and workers in Iraq as part of the UN's longstanding Oil-for-Food Program, according to a report in Al-Masry Al-Youm. Egyptian companies operating in […]

Egyptian Trade Delegation in Iraqi Kurdistan

The Kurdistan Cabinet advisor for international relations, said Jihan Rashid Snedi, announced on Sunday that an Egyptian trade delegation will visit the Kurdistan Region. "The Egyptian trade delegation plans to talk with the chief of Kurdistan Chamber of Commerce about reconstruction, investment, business, technology, agriculture and higher education during its stay in Kurdistan," Snedi noted. […]

Arabs Are Top Investors in Kurdistan

Investors from Arab countries have led other foreign investors in the Kurdistan Region in the last two years with nearly $2.7 billion (3.2 trillion Iraqi dinars) of investment in various sectors of the Region’s economy, a senior official of the Kurdistan Investment Board (KIB) told AKnews. “Four Arab countries -- Kuwait, Lebanon, Egypt and Jordan […]

Egypt and Iraqi Kurdistan Discuss Economic Cooperation

Egypt's Prime Minister, Ahmadi Nazi,f met with visiting President of the Kurdistan Region in Iraq, Massoud Barzani, on Monday [5 July] tp discuss economic and trade cooperation. Nazif asserted Egypt's support for the political process in Iraq and efforts to form an Iraqi government as soon as possible to achieve unity and stability in the […]

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