Tag Archives | Industry & Trade

The latest trade & industry news from Iraq – oppportunities,developments and more – brought to you by Iraq Business News

Industry Ministry to Invest in Nassir Company

The Iraqi Industry Ministry will invest in the state-run Nassir Company over the coming five years. “The necessary funds for this purpose have been allocated,” the Ministry said in a release on Wednesday received by Aswat al-Iraq news agency. It noted that the funds will be used to rehabilitate the company’s water treatment units and […]

ISX up Tuesday

The Iraqi Stock Exchange (ISX) index went up by 2.3% to close at 93.3 points on Tuesday . Shares of 10 companies went up, 14 down while 9 others retained their previous rates. The number of shares traded hit 1.3 billion worth 2 billion Iraqi dinars (roughly 1.7 million U.S. dollars) through 227 deals. The […]

New Medical Factory in Mosul

A new factory for producing medical cotton and gauze has opened in Mosul city. "The total cost of the project is around $2.5 million," a source from the factory told Aswat al-Iraq news agency. He said that the factory's capacity is 0.5 tons per day. The source noted that the Iraqi Ministry of Industry funded […]

Iranian firms ready to invest in Iraq’s industry

A group of Iranian companies has expressed their readiness to invest in Iraq’s economic sector, particularly in the industrial field. “The head of the Baghdad Investment Commission, Shakir al-Zamili, has met with representatives of a group of Iranian firms working in different fields,” according to a statement released by the commission in Baghdad and received […]

ISX Index Drops on Security Deterioration

The Iraqi Stock Exchange (ISX) index dropped slightly on Monday by 0.04% after the recent explosions that rattled the Iraqi capital, to close at 91.2 points as share prices of 12 firms out of a total 27 that traded in Monday’s session went down. Baghdad had been hit by a series of car bombing attacks […]

250 Publishers at Arbil book fair.

The 5th International Book Fair was opened on Friday in Arbil city with the participation of 250 publishing houses. “The fair is an evidence of Kurds’ awareness,” President of the Iraqi Kurdistan Region Massoud Barzani said in the fair’s opening speech as reported by Aswat al-Iraq news agency. He said that books still have an […]