Iraq Increases Port Rentals

Iraq Minister of Transportation Amer Abdul Jabbar Ismail said that the rentals of the ports and naval agencies and the incomes thereof increased from 10 to 50% in the light of the achievements in Iraqi ports due to the inauguration of the first project directed by a French company for a container berth and number […]

Anham to Resume Work in Kuwait, Iraq

Dubai-based logistics company Anham said the US Government directed it to resume work on the implementation and to ramp up food and non-food distribution and support services in Kuwait and Iraq. “We are, and have been, fully prepared to work as prime vendor immediately,” said David Braus, Managing Director for Anham. “Complemented by strong and […]

Arbil Governor Discusses with Iranian Delegation Commercial Cooperation

Arbil governor discussed on Tuesday with an Iranian delegation. “A delegation from the Iranian embassy visited Arbil on Tuesday and discussed ways of cooperating in investment and commercial operations between the two countries as well as the development of Arbil,” Nouzad Hadi told Aswat al-Iraq news agency. “We will facilitate the work of all companies […]

CBI Dollar Sales Down to $168m

The Central Bank of Iraq’s (CBI) dollar sales went down to reach $168.878 million in its daily auction on Tuesday, compared to $176.080 in the previous session. “The demand hit $8.870 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $160.008 million in foreign transfers outside the country, covered […]

DNO Silent on Iraq Export Timing, Q1 Tops View

Norwegian oil and gas producer DNO International (DNO.OL) gave no guidance as to when it expects to restart oil exports from Iraq when it published first-quarter results that beat forecasts on Tuesday. “The process is moving ahead but we have no information about when things will happen,” Managing Director Helge Eide told a news conference. […]