The head of the Jordanian truck owners Mohammed Khair al-Daoud said on September 7 that about 6,000 trucks are currently at high readiness and are ready to transport goods to Iraq through the Trebil crossing. Al-Daoud said in a statement to the Jordanian newspaper “Al-Rai”: “... the Association of truck owners held several meetings with […]
By Simon Kent. Iraq is set to reopen its border with Jordan near the town of Rutbah, a remote settlement over 200km from Baghdad that was liberated from ISIS control last week. Around 200 militants were thought to have been present in the town, with most fleeing and some fighting to the death. When the […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The End of An Industrial Era: Cheap Imports Mean “Made In Iraq” Is Disappearing Almost half of Basra's smaller manufacturers have closed in the face of a market flooded with […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. An Evil Plot? Iraq's Most Industry-Savvy Province Refuses to Impose Baghdad's New Customs Tax A new customs tax came into effect in August. But in Basra, one of Iraq's busiest […]
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Qasim al-Rubaie, a teacher from Babil province, told Al-Monitor in front of a grocery store, “You will not find any Iraqi grown vegetables and fruits. Instead you'll find imported goods from Jordan, […]
By John Lee. The Head of Tehran Chamber of Commerce, Yahya Al-e Es'haq [Yahya Ale-Eshaq] (pictured), has said that Iran exported technical and engineering services valued at almost $6 billion (7.2 trillion Iraqi dinars) to Iraq in the first eleven months of the current Iranian calendar year (March 21, 2014-February 19, 2015). Fars News Agency […]
By John Lee. The Turkish Energy Minister Taner Yildiz (pictured) said on Friday that Turkey is to sell an additional 4,000 tons/day of refined oil to Iraq in an attempt to ease the shortages caused by the current unrest, and in particular by disruption to production at Baiji [Bayji] oil refinery. He told reporters Turkey […]
By Matthew Gayle. According to the state-run Grain Board of Iraq, over 5.4 million tons of food were imported into Iraq last year to cover the state-run food rationing system that was originally initiated in 1990. The system food rationing system was put into place to help offset the impact of U.N. trade sanctions, and […]
