Tag Archives | Iran

The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News


Basra OK’s Free Trade-zone with Iran

Basra’s Investment Commission has granted permission to start a free trade-zone area with Iran. “The project was proposed by a local firm,” a source from the commission told Aswat al-Iraq news agency on Tuesday. He said that the firm will invest $16.2 million in the project over a period of 25 years. ( Aswat Al […]

Iranian Consul Meets with Basra Council

The deputy head of the Basra council, Ahmed al-Sulaity, met with the Iranian consul to discuss plans for future cooperation in the areas of power and water, according to an official statement. “Throughout the meeting views have been exchanged concerning cooperation between Basra province and the Islamic Republic of Iran in order to achieve the […]

Iran to Set Up Exclusive Expo in Iraq

Iran’s first exclusive fair in Iraq’s city of Najaf will kick off on April 14, Iran’s commercial attaché to Iraq said. The Islamic Republic of Iran Broadcasting quoted Mehdi Nejatnia as saying that 53 Iranian firms will showcase their latest products and achievements in the fields of food, agriculture, technical and engineering, trade, and medical […]

Iranian Bank Branches in Iraq

Iran’s Parsian and Karafarin banks have been granted permits by the Iraqi government to open branches in Baghdad – Iran is the main trading partner of Iraq and has been one of the largest investors in Iraq since the fall of Saddam.

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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 […]

Iran and Iraq to Launch Tourist Shipping Line

A tourist shipping line will soon be launched between the Iranian port of Khorramshahr and the Iraqi port of Basra. During the Iraqi delegation’s visit to Khuzestan province the governor generals of Basra and Khuzestan agreed to launch the Tourist shipping line, Islamic Republic of Iran News Network reported. The two sides also signed some […]