Deputy PM, Italian Envoy Discuss Development of Oilfield, Big Faw Port

Iraq’s Deputy Prime Minister Rafie al-Issawi met with the Italian ambassador to discuss the development of al-Zubeir oilfield and the construction of the Big Faw Port. “The meeting tackled the progress of work by the Italian ENI company in the development of al-Zubeir oilfield,” according to a statement released by Issawi’s office and received by […]

Lawmaker Invites Trade Minister to Appear Before Parliament

Legislator Hassan al-Saneed called on acting Iraqi Trade Minister Safaa al-Din al-Safi to appear before Parliament on Monday for consultations on the funds appropriated in the state budget to import ration card items. “Several areas in Iraq are complaining that they do not get these ration items and that’s why we invite the minister to […]

State Company Implements $3.3m Contracts

The state-owned al-Izz Company has signed contracts worth $3.3 million U.S. dollars with several institutions in the industry, electricity and civil society sectors, an official statement said on Sunday. “The company has signed a number of contracts with the state-run Diala Company for Electrical Industries to upgrade its computer systems, to rehabilitate its transformer factory […]

Singaporean Company Considers Investment in Basra

A delegation comprised of representatives of a Singaporean company has discussed with Basra’s governor the establishment of a luxury hotel in the city. “The governor of Basra, Shaltagh Abboud al-Mayyah, has welcomed the project and offered to provide all facilities…,” a local media source told Aswat al-Iraq news agency. The five-star hotel will be built […]

Asiacell Scores an Outstanding Victory

‘2009 was a prolific year for Asiacell – the largest private Iraqi company and the first and only mobile telecommunications company to provide coverage for all of Iraq – which was able to prove its worthiness in the Iraqi telecom market by launching innovative offers and services that are characterized by both quality and price […]

17 Ships Arrive at Iraqi Ports

Seventeen cargo ships from different countries have arrived at Iraqi ports, the public relations and media director at the State Company for Iraqi Ports said on Sunday. The Shiite province of Basra, 590 km south of the Iraqi capital Baghdad, has five commercial ports and two oil ports: al-Maaqal, established in 1916 by British forces […]

Al- Sari Discusses in Basra Unfinished Projects’ of 2008

Minister of State for Marshes has discussed with the second deputy of Basra province the unfinished projects in Basra in 2008, a source in Basra media office said. A source in Eye Media said” Minister of State for Marshes, Hassan al- Sari, has discussed the fate of Marshes’ lingering projects in 2008 in a meeting […]

D7bn to Renovate Joman Streets- Official

A project to renovate the streets of Joman district will require 7 billion Iraqi dinars (nearly $6 million U.S. dollars), the director of the local municipality said on Saturday. “Two local companies have begun work on two projects to renovate the streets and neighborhoods of Joman district at a total cost of ID803 billion,” Farman […]

Iraq’s Oil Revenues Up by $300m in Dec. 2009

Iraq’s oil revenues went up by $300 million during the last month of 2009 to hit $4.499 billion through the sale of 61.3 million barrels at a rate of $73.39 per barrel, the Iraqi oil ministry announced on Saturday. “Crude oil exports rose in December 2009 compared to November 2009 during which 57 million barrels […]

2 U.S.-funded Meat and Fish Markets Opened in Kut

Wassit Governor Lateef Hamad al-Turfa opened on Saturday two U.S.-funded meat and fish markets in the city of al-Kut. “The two projects cost around six billion Iraqi dinars,” Majid al-Itabi, the Wassit province’s information director, told Aswat al-Iraq news agency He said that the two buildings will occupy a total area of 3,250 square metres. […]

Karbala Wants More Money for New Schools

Karbala province wants to get more money to build new schools. “There are certain requirements for the educational process to succeed,” Abdulhameed al-Safar, the Karbala education director, told Aswat al-Iraq news agency on Saturday. He said that some classes in Karbala embrace more than 70 students in each. “Karbala needs 70 new school buildings this […]

Red Star over Iraq

It may be the start of the biggest oil job in the world. Each day, 20 workers from BP and China National Petroleum Corp. (CNPC) buckle down to the task of prepping the Rumaila oil field in southern Iraq for rapid development. In industry lingo, Rumaila is a “supergiant”—a 50-mile-long deposit of sweet crude with […]