A number of companies participating in a Basra international fair revealed on Saturday their intention to seek investment opportunities in the province, the 'economic capital of Iraq', according to a source cited by AK News. The 5-day Basra International Fair opened on Friday, with the participation of more than 150 local and foreign companies specialising […]
Tag Archives | Industry & Trade
The latest trade & industry news from Iraq – oppportunities,developments and more – brought to you by Iraq Business News
Basra Plans to Establish an Industrial City
Basra's governor has announced projects totalling more than 50 billion Iraqi dinars ($42m), according to a report from AK News. "Many projects will be implemented and financed from Basra's budget at a cost of more than 50 billion Iraqi dinars. The first project is to establish an industrial city for 40 billion dinars that includes […]
300 Buses to Be Exported to Iraq
(Source: Iran Daily) A leading Iranian bus manufacturing company plans to export 300 buses to the neighboring country of Iraq, a company official announced on Monday. "The Memorandum of Understanding (MoU) was signed for the export of 300 buses to Iraq," Managing-Director of Semnan's Oghab Afshan Industrial and Manufacturing Company, Abdullah Akbari-Raad, said in an […]
Tags: Industry & Trade, Transportation
New Regional Offices for Industry Ministry
(Source: Aswat Al Iraq) The Iraqi Industry Ministry has opened new offices in the country’s provinces, so that businesses in remote areas can contact the ministry without the need to travel to Baghdad. The ministry also reported that it has approved 726 new industrial projects during the first quarter of 2010.
Tags: Industry & Trade
500 Attend Iraqi Kurdistan Trade Conference in London
The Prime Minister of Iraqi Kurdistan, Barham Salih, told more than 500 delegates at a major conference in London that Kurdistan welcomes foreign business, and invited international companies to participate in Kurdistan’s economic progress. Speaking at the Kurdistan Region Trade and Investment conference on Tuesday, the Prime Minister said, “Kurdistan welcomes foreign businesses with open […]
Tags: Industry & Trade
Indonesia, Iraq Agree to Remove Trade Barriers
Indonesia and Iraq have agreed to eliminate trade barriers and provide incentives to increase bilateral trade volumes, which suffered a sharp decline last year. During a meeting in Jakarta last week, the two countries’ senior trade officials agreed to establish a task force in the next three months to identify barriers in bilateral trade and […]
Tags: Industry & Trade
World Food Discusses Programs in Basra
A representative of Basra’s governor on Monday discussed with representatives of the World Food Program methods to activate feeding students, as well as ration cards in the province. “The meeting also discussed importing technical support and technologies to Basra,” a provincial media source told Aswat al-Iraq news agency. He noted that the meeting also discussed […]
Tags: Basra News, Industry & Trade
French Navy Makes First Call in 32 Years
A French navy ship with 95 sailors on board docked Tuesday at the southern Iraqi port of Umm Qasr, in the first such visit in 32 years amid French efforts to "revive" ties with Baghdad. The two-day stop by the Ducuing, a military dispatch ship, began with a reception organised by the Iraqi navy, who […]
S. Korean Ambassador Discusses Cooperation
The Iraqi Industry minister has received the South Korean ambassador to Iraq, and discussed with him methods of cooperation at different industrial levels. “The minister stressed that his ministry will employ all methods that support South Korean companies working in Iraq,” the Iraqi Industry Ministry said in a statement on Tuesday as received by Aswat […]
Umm Qasr Port Receives 6 Ships Carrying Rice
The Iraqi port of Umm Qasr received six ships carrying more than 200 thousand tons of rice for the Trade Ministry, on Sunday. “The Ships Apostolos, Patriarch, Alitis, Stellajabbah, Rubystar, and Vero 9 arrived by the port carrying more than 200 thousand tons of rice from U.S., Vietnam, and Thai origins,” the ministry said in […]
Umm al-Qasr Port Receives Ship Carrying 16,000 Tons of Sugar
The Iraqi port of Umm al-Qasr on Thursday received a merchant ship carrying 16,000 tons of sugar, the public relations and media director at the State Company for Iraqi Ports said. “The port received a Liberian ship carrying 16,000 tons of sugar,” Anmar al-Safi told Aswat al-Iraq news agency. “The port received also a Panamanian […]
ISX Launches New General Indicator
The Iraqi Stock Exchange (ISX) on Wednesday launched its new indicator after the number of appointed companies increased to 40. “The IEX launched a new general indicator after the increase of the appointed companies to 40, including the seven sectors listed in the ISX,” the ISX said in a statement received by Aswat al-Iraq news […]