The latest news on Iran – Iraq business – gas, oil & electricity Industries & more – brought to you by Iraq Business News
By John Lee. New taxes in force since the beginning of last week mean that Turkish producers exporting into Iraq now need to pay US$290 per ton of exported chicken meat, rather than $35 previously. As a result, the Turkish poultry sector, which has the fourth largest share in the world’s poultry market, risks losing […]
By John Lee. Roza Othman, a member of the Natural Resources Committee in the Kurdistan Parliament, has said that the KRG will sign a contract with Iran to import gas and electricity. The imported electricity and gas will be for civilians, and the gas will be delivered by pipeline. The Head of the Parliamentary Committee […]
By John Lee. Iran’s Minister of Health, Seyed Hassan Hashemi, has announced the opening of a branch of the University of Medical Sciences in Iraq. Following a meeting with Iraq’s Minister of Education, Hasemi said that several deals have been made in the fields of pharmaceuticals, medical facilities, investment in the construction of hospitals and health […]
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 Deputy Managing Director of of Iranian vehicle maker Iran Khodro (IKCO) has said the company has chosen Iraq as a target market for its car exports, and opened a new showroom in Baghdad last week as a first step. Meqdad Mahmudi told Iran's IRNA news agency that both the Iraqi Oil […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The popular mobilization forces have been widely controversial in Iraq since their inception in June 2014. Public opinion has focused on the legitimacy of these irregular forces, their activities and the possible illegal killings committed […]
Dr. Haider al-Abadi, the Prime Minister, received Mr. Isaac Jhangere [Es'haq Jahangiri], Vice President of the Islamic Republic of Iran, who arrived in Baghdad this morning at the head of a senior-level delegation. After an official reception ceremony, a bilateral meeting was held to tackle the development of relations between the two countries and issues […]
By John Lee. Iran has issued a tender to build a second pipeline to carry natural gas to Iraq. Trade Arabia reports that the $1.5-billion project will be granted on a build-operate-transfer (BOT) basis, and all costs will be recovered through revenues from gas exports to Iraq. A pipeline will be built from the Iranian […]
By John Lee. Iran and Iraq have reportedly agreed to reduce mobile phone roaming charges, and to cooperate more closely on other issues relating to telecommunications. The development follows a visit by Iraqi Minister of Communications, Hassan Kadhim Al-Rashed [Kazem Hassan Rashed], to Tehran to meet Iran’s Communications and Information Technology Minister, Mahmoud Vaezi. Minister […]
By John Lee. Several airlines have suspended flights to Baghdad on Tuesday after bullets hit an airplane as it was landing at Baghdad International Airport. Reuters reports that two passengers were slightly injured when three or four bullets hit the body of a flydubai plane carrying 154 passengers on Monday evening. It was not known […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Salam Shakir scored the winning spot-kick as Iraq stunned 10-man Iran 7-6 on penalties to reach the Asian Cup semis in a match of high drama between the arch-rivals.
By John Lee. Iranian vehicle maker Iran Khodro (IKCO) has announced that it has expanded its after-sale services in Iraq. During a visit by Karbala's Governor General, Aqil Al Tarihi, to the company's factory, Managing Director Hashem Yekke-Zare'a said: "In order to increase its market share ... [Iran Khodro] has diversified its export products to […]
