Germany – Kurdistan Iraq Business & Trade News – German Consul General, Erbil, Kurdistan, cultural ties, educational ties and more – brought to you by Iraq Business News
AKnews reports that the German energy firm MBH has landed a $625 million contract to build five 100-MW power plants in Nineveh province. The Iraqi electricity ministry announced the deal on Wednesday, saying that the project is expected to be completed in 21 months. The establishment of the plants is part of the government’s plan […]
Iraqi Prime Minister Nouri al-Maliki met with the German junior minister for transport, construction and town planning, Jan Moga, and said he was keen to develop relations with Germany. Maliki stressed the importance of enhancing bilateral relations in economic spheres and to benefit from the German expertise in building factories and training Iraqi staff. In […]
A business delegation from Bavaria spent a few days looking around Erbil and was very impressed with what they saw: from the security situation to the trade fair locations. Last but not least, they also enjoyed German draft beer in the Middle East, fresh from the tap. Iraq and the state of Iraqi Kurdistan need […]
A delegation from the German company Liebherr visited the Basra Investment Commission (BIC) and discussed available investment opportunities and advantages provided by the Iraqi Investment Law to the investor, in addition to the support for the industrial projects in Basra. The delegation presented a project to build a maintenance center, training center, laboratory and factory, […]
Business between Iraq and Germany has picked up dramatically and trade has reached levels not seen since the 2003 U.S.-led invasion, Germany's Economy Ministry said on Thursday, according to a report from Reuters. Trade volumes between the two countries grew by an annual 63 percent last year, surpassing 1 billion euro ($1.5 billion) for the […]
German Foreign Minister Guido Westerwelle said on Wednesday that Iraq had been deemed safe enough for potential investors to visit, after meeting his Iraqi counterpart Hoshyar Zebari (pictured) in Berlin. While discouraging tourism to Iraq, the German Foreign Ministry updated its travel warning to say that non-touristic visits 'could be considered' if sufficient precautions were […]
The German company Bertling met the chairman of the Basra Investment Commission to discuss their plan to establish an project providing logistical support for oil and gas companies in Basra. A director of the company, Ali Majed Sabah, said ,"the conference that was held in Kuwait Chamber of Commerce recently and our follow up at […]
Germany's Ambassador to Iraq, Karl George Christian, announced an investment conference in Basra to be held in mid-April, and said that German companies are keen to establish a presence in the southern Iraqi province in the fields of construction, oil and manufacturing. At the head of Basra provincial council, Jabbar Amin Jaber, told AKnews that […]
The head of Nineveh Investment Commission has said that a German company plans to develop German-style housing complexes in Mosul, 405 km north of Baghdad. Muafaq Mahmud told AKnews that the German company Markina signed an investment contract with the investment board in Mosul and work is scheduled to begin on the housing complexes in […]
Nineveh Investment Commission announced this week that it had signed investment contracts with two German companies to build tourist facilities on the banks of the Tigris River. Jabor Abed Rabu, Chairman of the Commission, told AKnews that the companies involved are Zalmania and Backmana, but the value of the contracts were not disclosed. "The two […]
Iraqi Kurdistan's President, Masoud Barzani, and Prime Minister, Barham Salih, have met Germany’s Federal Minister for Economic Cooperation and Development, Dirk Niebel. Mr Niebel was accompanied by two members of Germany’s federal parliament and several business representatives. At their meeting, President Barzani told the delegation that he hopes the Kurdistan Region’s already excellent diplomatic and […]
The head of Germany's academic exchange service this week signed an agreement in Erbil with Salahaddin University to establish a German Language Department at the university. Dr Dorothea Rüland, Secretary General of the German Academic Exchange Service (DAAD), came to Erbil to make the agreement and gave a keynote address at an academic conference attended […]
