GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
Iran’s Minister of Industry, Mine and Trade Reza Rahmani said Tehran and Baghdad have agreed to reach the target of raising the value of annual trade exchange to $20 billion within the next two years. Speaking at a TV program on Wednesday, Rahmani stressed the need to exploit the potential of Iran and Iraq for […]
By John Lee. AeroVironment Inc., of Simi Valley, California, has been awarded a $17,356,084 firm-fixed-price Foreign Military Sales (Iraq) contract for Puma AE II C-Code International Digital Data Link systems. One bid was solicited with one bid received. Work will be performed in Simi Valley, California, with an estimated completion date of Oct. 18, 2021. […]
By John Lee. At the Third Brussels Conference on “Supporting the Future of Syria and the Region” on Thursday, the United States announced more than $397 million in additional humanitarian assistance for the people of Syria as part of the Regional Refugee and Resilience Plan for 2019-2020. According to a State Department announcement, more than […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th March 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD604 (+1.6%) / $651 (+1.6%) (weekly change) (-8.4% YTD change). The number of weekly traded shares was 27.5 […]
By John Lee. Jordan and Iraq have reportedly started studies to create a joint free industrial zone on their shared border. A Jordanian government official told Xinhua that an Iraqi delegation visited Jordan this week to check the capacity of factories that will benefit from a decision by Iraq to exempt commodities -- including plastics, […]
By John Lee. The Iraqi Civil Aviation Authority (ICAA) has announced that it has banned all Boeing 737 MAX planes from its airspace. The move follows the crash of a 737 MAX in Ethiopia on Sunday, which killed 157 people, and another disaster involving that model of aircraft in Indonesia five months ago, which killed […]
Iraq's Ministry of Planning and the Council of Ministers Secretariat, together with UN-Habitat, publicly launched the National Platform for Reconstruction and Development. For more than one year, UN-Habitat has been working very closely with the Ministry of Planning to develop and finalize the Platform, with generous funding support from the Iraq UNDAF Trust Fund, which […]
Iran and Iraq signed five deals to promote cooperation in various fields on the first day of Iranian President Hassan Rouhani’s trip to Baghdad. In a meeting co-chaired by Rouhani and Prime Minister of Iraq Adil Abdul-Mahdi in Baghdad on Monday evening, top officials from the two countries signed five memoranda of understanding. The documents […]
The Iraq Britain Business Council (IBBC) has announced that Shire Oak International has become the latest organisation to join the Council. Shire Oak International is the first organisation with a primary focus on Renewable Energy to join the IBBC. Shire Oak International is a developer and financier of large-scale renewable energy projects in developing countries […]
The president of Iran voiced the country’s readiness to expand trade ties with Iraq and increase exports to the neighboring state. "We are ready to have our tradespeople more active in Iraq and supply the required goods so that we can reach a good balance," Iranian President Hassan Rouhani said at the Economic-Trade Forum of […]
The Secretary of Iran-Iraq Chamber of Commerce said the obstacles to banking interaction between the two neighbors have been settled and the bilateral trade exchange is fairly normal. In comments at a televised program on Sunday night, Hamid Hosseini said the problems with banking relations between Iran and Iraq have been resolved and the process […]
