Germany – Kurdistan Iraq Business & Trade News – German Consul General, Erbil, Kurdistan, cultural ties, educational ties and more – brought to you by Iraq Business News
Iraqi press sources claim that the Ministry of Electricity has ceased dealings with the German company Siemens and all its subsidiaries, due to the company not fulfilling its contracts. The spokesperson of the Ministry of Electricity, Musab al-Mudaris, reportedly said that Minister Kareem Aftan gave the instruction during a meeting with the South Korean company Hyundai […]
By John Lee. Iraq's Undersecretary for Policy Planning and Bilateral Relations, Labeed Abbawi, has met with the Ambassador of the Federal Republic of Germany, Rita Wagner. During the meeting, the two sides discussed the political situation in Iraq and relations between the two friendly countries. Wagner also touched upon the issue of the detention of […]
Distinguished Guests, Ladies and Gentlemen Thank you for inviting me to address this important forum on energy and foreign policy. We in the Kurdistan Region of Iraq have a great respect for Germany, one of the world’s most successful and established federal democracies. Ten years ago, the US and its allies removed Saddam Hussein from […]
By John Lee. AUMA, the German-based manufacturer of electric actuators, actuator controls and valve gearboxes for the oil and gas industry, has won a $2-million order to supply more than 400-explosion proof actuators and gearboxes in Iraq. Working together with the Ministry of Oil's State Company for Oil Projects (SCOP), the company will supply actuators […]
By John Lee. Germany's largest company and the world's leading business software company has announced it is ramping up operations in Iraq, according to Gulf Daily News. The managing director of SAP Middle East North Africa, Sam Alkharrat (pictured), told the newspaper: "Iraq is an exciting market for SAP ... This is a country where IT […]
Germany’s Federal Minister of Transport, Building, and Urban Development, Peter Ramsauer, led a business delegation to Erbil to meet Kurdistan Regional Government officials and participate in the first Germany-Kurdistan Region economic forum. The German delegation met Prime Minister Nechirvan Barzani, who thanked them for their willingness to be part of the Kurdistan Region’s development process. […]
By John Lee. An Iraqi lawsuit accusing more than 90 companies of conspiring with Saddam Hussein's regime to frustrate the United Nations' program, and depriving Iraqis of roughly $10 billion of essential aid, has been dismissed by a court in New York. Reuters reports that U.S. District Judge Sidney Stein said the government of Iraq […]
The Iraqi Ministry of Planning has reportedly signed a technical contract with a German company to inspect imports into Iraq. The Ministry said that the aim of the contract is "to limit the importation of bad goods or expired commodities and foodstuffs". According to a report from Aswat al-Iraq, the contract was signed with the […]
By John Lee. Passavant-Roediger GmbH, a subsidiary of Dubai-based Drake & Scull, has won a contract to design and build a sludge treatment system for a wastewater plant in Kerbala. According to a report from Bloomberg, the contract is valued at about $23.4 million. Twelve sludge digesters will be installed, and the project will include […]
By John Lee. The Trade Bank of Iraq (TBI) has announced that it is purchasing two Airbus passenger planes from Germany at the cost of $86 million. The Bank's Chairman, Mrs. Hamdiya al-Jaff, told NINA that the planes, each capable of carrying 200 passengers, were made in 2009 and have not been put into service since […]
The Deputy German Ambassador to Iraq, Alexander Schoenfeld, has reportedly confirmed that his country will invite Iraq to participate in an investment conference to be held during the coming months. The Head of the Iraqi Presidential Office, Naseer al-Ani, hosted Schoenfeld at his office on Wednesday and the two sides discussed relations between the two […]
By John Lee. Minister of Foreign Affairs, Hoshyar Zebari, inaugurated the new Iraqi Consulate General in Frankfurt on Wednesday. Present at the ceremony were; Representative of Hessen Province Premier, Rudolf Chris, the Iraqi Ambassador in Berlin, Representative of the German Ministry of Foreign Affairs and Iraq's File Manager, Accredited Consul Generals in Frankfurt, and prominent […]
