The U.S. reconstruction team in Diwaniya has held a conference to establish a stock exchange in the province, in cooperation with the local government. “The conference was held at the headquarters of the Diwaniya Chamber of Commerce”, a media adviser in the team, Ahmed al-Quseer, told Aswat al-Iraq news agency. The U.S. team has helped […]
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
In cooperation with the local government in Diwaniya, the U.S. reconstruction team has opened a factory to manufacture school desks at a total cost of $25,000 U.S. dollars. “The Multi-National Force’s (MNF) U.S. reconstruction team has opened the factory, located at the storehouse of the Diwaniya Education Department in al-Jazaer neighborhood, downtown Diwaniya,” a media […]
Central markets have resumed trading in the holy province of Karbala for the first time since the 2003 U.S.-led invasion of the country, a local official said on Thursday. “We have started to activate central markets, which have been idle for the past years due to the absence of subsidy and a lack of cheap […]
The Najaf 3rd International Book Fair, that ended on Sunday (March 21) evening, witnessed 100,000 visitors per day. “The fair was open for 10 days,” Ali Jihad Hassani, a source from the fair, told Aswat al-Iraq news agency on Monday. He said that all books that were exhibited in the fair had been sold. ( […]
Aswat Al Iraq quotes a senior local official as saying that a Kuwaiti company is keen to invest in Karbala province. “A delegation from Kuwaiti Bukhamseen Holding paid a visit on Monday to the Karbala council, where it expressed desire to implement projects in the province,” Engineer Zuhair al-Karieti told Aswat al-Iraq news agency. “The […]
The investment commission in Basra has given an investment permit to establish a shopping complex in the north of the city at a total cost of $3.27 million U.S. dollars.
The Karbala governor has opened a modern butcher’s shop in the city, which was constructed by a local company at a total cost of 1 billion Iraqi dinars, a media spokesperson said on Saturday. “The shop is located on the main road between Karbala and Najaf,” Zaheer Majli told Aswat al-Iraq news agency. “The butcher’s […]
“In this scenario, the role of Iraqi supplies may be more of a brake on rising prices than a catalyst to a lower price path,” the report explained. “In any case, the Iraqi auction clearly opens the door for a careful review of the conventional wisdom on the outlook for oil prices over the next […]
The Iraqi Stock Exchange (ISX) index went up on Wednesday by 0.2% to close at 96.7 points. Thesession saw shares of 36 out of a total 82 electronically-registered firms exchanging hands. Shares of 13 companies went up, 15 down and eight retaining their previous rates as more than 4.824 billion shares were traded at 12.202 […]
Around 11 thousand tons of wheat arrived in Karbala province on Tuesday, said a member of the Karbala Provincial Council. “The wheat is imported from Australia,” Tareq al-Kheqani told Aswat al-Iraq news agency. He said that flour will be distributed to people in Karbala within one week to push down an increase in flour prices […]
The world’s biggest steel maker ArcelorMittal said Tuesday it plans to build a 130-million-dollar steel plant in Kurdish northern Iraq in partnership with the Turkish company Dayen. ArcelorMittal “signed a memorandum of understanding to establish a joint venture with Turkish partner Dayen to build a steel mini-mill with electric furnace in Sulaimaniyah,” a city in […]
State-run Diala Company for Electrical Industries achieved revenues of around $3.7 million during Feb. 2010. This came in a release on Tuesday issued by Iraqi Industry Ministry and received by Aswat al-Iraq news agency.