Iraqi Economists Network

شبكة الاقتصاديين العراقيين

UAE-Iraq trade touches $7 billion in 2016

Total value of two-way trade between the UAE and Iraq stood at nearly Dh26 billion ($7 billion) in 2016, making Iraq one of the key export markets for UAE, with re-exports accounting for Dh12.3 billion of the total value of trade, said the Federation of UAE Chambers of Commerce and Industry. UAE and Iraq maintain robust economic and trade relations as Iraq remains one of the

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U.S. diplomats warning GE’s major deals in Iraq at risk over travel ban. The industrial conglomerate has sizable interests in Iraq. By TARA PALMERI and BRYAN BENDER

The Iraqi government is warning that a pair of pending deals with General Electric could be at risk from President Donald Trump's travel ban, according to internal State Department documents. The industrial conglomerate, which builds everything from nuclear reactors to aircraft engines, already has sizable interests in Iraq, including power contracts worth more than a billio

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Iran’s Iraqi Market. By TAMER BADAWI*

The rise of the Islamic State has created both challenges and opportunities for Iranian trade networks in Iraq.   The rise of the Islamic State (IS) and its expansion in Iraqi territory has threatened trade routes between Iran and Iraq, which have thrived over the past decade because Iraqi markets remained mostly open at a time when sanctions closed off other potential

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