Iraq business, the latest Iraqi business news
Algeria writes off its debts on Iraq
Related topics: Yemen
(IraqiNews.com) The Government of Algeria announced writing off its debts on Iraq. The official spokesperson of the Algerian Foreign Affairs Ministry, Ammar Balani, reported in press statement ”The Government of Algeria canceled its debts on two members in the Arab League.” “The Algerian Government canceled more than USD (500) million as debts on Iraq and [...]
Iraq to contract with Danish company to establish piers in Iraqi ports
Related topics: Baghdad
Baghdad (IraqiNews.com) The General Company of Iraqi Ports within the Ministry of Transportation held a second meeting with the delegation of the Danish company ABM Terminal on Thursday. The Ministry of Transportation reported in statement received by IraqiNews.com on Thursday ”The Director General of the General Company of Iraqi Ports, Omran Radhi, met the representatives [...]
Mayahi demands Government to cancel taxes imposed on heavy vehicles owners
Related topics: Baghdad
Baghdad (IraqiNews.com) MP Aziz al-Mayahi, the member of the Economic and Investment Parliamentary Committee, demanded the Government to exempt the owners of the heavy vehicles of taxes to reduce the cost of implemented projects. Mayahi reported in statement received by IraqiNews.com on Wednesday “The owners of the heavy vehicles are the breadwinners for many families [...]
Basra ports receive 9 ships
Related topics: Baghdad, Basra
Baghdad (IraqiNews.com) The Um Qasr and Abu Felous ports within the Ministry of Transportation received nine commercial ships loaded with various goods. The Ministry of Transportation reported in statement received by IraqiNews.com on Tuesday ”The Abu Felous port of eastern Basra received three ships loaded with (311) containers.” “The Um Qasr port received six commercial [...]
Mayahi demands Government to ratify social security law
Related topics: Baghdad, IQD
Baghdad (IraqiNews.com) MP Aziz al-Mayahi, member of the Economy and Investment Parliamentary Committee demanded the Government to accelerate the process of ratifying the social security law to replace the social care network. Mayahi reported in statement received by IraqiNews.com on Monday “The salaries offered to families with limited income, who are covered with social care [...]
Iraq, US trade exchange scores rise
Related topics: Baghdad
Baghdad (IraqiNews.com) The Iraqi Trade Attach
Oil Ministry: Iraq’s exports of crude oil reach 2,6 million barrel per day during May 2013
Related topics: Kirkuk, Oil, Turkey(IraqiNews.com) The Ministry of Oil announced stability of Iraq’s exports of crude oil during current May if compared with last April. Iraq’s exports of crude oil during last April reached 2,6 million barrel per day. The Iraqi Minister of Oil, Abdul Karim Luaibi, said in a statement on Sunday “The average of oil exports climbed [...]
MoT hosts Dutch charge d’affaires in Iraq
Baghdad (IraqiNews.com) The General Company of the Iraqi Ports within the Ministry of Transportation discused with the Dutch charge d’affaires the prospects of mutual cooperation between Iraqi ports and the Dutch companies in investment field. The Ministry of Transportation reported in statement received by IraqiNews.com “The Director General of the General Company of Iraqi Ports, [...]
TBI to inaugurate branches in Turkey, Lebanon, UAE
Related topics: Baghdad, Lebanon, Turkey
Baghdad (IraqiNews.com) The Trade Bank of Iraq announced its intention to inaugurate branches in Turkey, Lebanon and UAE. The Director General of the Board of Directors of the Bank, Hamdiya al-Jaff, reported in press statement to IraqiNews.com “The bank intends to expand its local activities and inaugurate new branches in Turkey, Lebanon and the UAE [...]
Egyptian official: importing crude oil from Iraq to take long time
Related topics: Baghdad, Basra, Egypt, Gas, Oil
(IraqiNews.com) Egypt announced that the measures taken with Iraq to import the crude oil from it will take long time. Iraq and Egypt have signed in last March an agreement, during the visit of the Egyptian delegation headed by the Premier, Hisham Qindeel, to Baghdad, which states in approving the Iraqi side to meet the [...]
MP attributes flounder of fiscal policy to government’s interference in CBI’s work
Related topics: Baghdad, CBI, IQD
Baghdad (IraqiNews.com) Mohamed al-Lagash of the Citizen bloc attributed the flounder happening to the fiscal policy to the government’s intervention in the work of the Central Bank of Iraq. Lagash told Iraqi News (IraqiNews.com) on Thursday “The rise of the US dollar price and the decrease of the IQD value is caused by the flounder [...]
Amount of grain received by Iraqi silos reaches 400,000 tons
Related topics: Baghdad, Wassit
Baghdad (IraqiNews.com) The Ministry of Trade announced that the wheat and barley crops that have been delivered to Grain processing plants exceeded (400,000 tons).The Ministry of Trade quoted the Director General of the General Company for Grain Trade, Hassan Ismaeel, as saying during his visit to the marketing locations ”The received amounts of wheat reached [...]