Babylon Establishes Housing Commission

Babylon has demanded the formation of a special committee in the province to develop solutions to problems and obstacles faced by the Commission for the allocation of land for housing projects. Head of the Commission, Alaa Harba, said in a statement that the Authority had discussed at its last meeting held in the presence of […]

Residential Compound’s Cornerstone Laid in Nassiriya

The cornerstone of the investment al-Ahrar residential compound was laid in northern Nassiriya city on Tuesday, according to the media director of the implementing company. “Thi-Qar governor, Taleb Kazem al-Hassan, laid the cornerstone of the project in north of Nassiriya on 32,000 donums and with a total cost of $160 million,” Abduljabar al-Hamdi told Aswat […]

Permits Given to Baghdad Projects

Several companies working in the fields of housing, tourism and hotels have been given investment permits to carry out several projects in Baghdad. “Eight investment permits have been given to a number of companies. Housing projects were given a priority,” the Investment Commission in Baghdad said in a statement received by Aswat al-Iraq news agency. […]

Most of the Projects in Iraq Are a Failure – Official

Most of the projects that have been conducted in Iraq are a “failure” due to the lack of a clear vision by the ministry of planning and absence of inter-ministerial cooperation, an advisor to the minister of industry and minerals said on Tuesday. “The projects that are currently being carried out in Iraq are a […]

Barzani Urges UAE to Invest in Kurdistan

President of Iraq’s Kurdistan region, Massoud Barzani, urged UAE companies to invest in the Kurdistan region, a presidential statement said on Tuesday. “Barzani received on Tuesday (March 16) at the Salah el-Din resort in Arbil the Ambassador of the UAE to Iraq, Sheikh Abdullah Ibrahim,” said the statement received by Aswat al-Iraq news agency. “The […]

Recovery of Economic Activity in Talafar – Mayor

The mayor of Talafar said on Tuesday that the economic activity in Talafar has recovered recently because of the security stability in the district. “The commercial movement has returned to the Talafar’s markets after the recent security stability in the district,” Abdulaal al-Ubeidi told Aswat al-Iraq news agency. “We hope to regain our position as […]

Basra Governor talks to French

The governor of Basra has met with the French ambassador in the country, Boris Boillon, to discuss means of boosting economic and cultural cooperation. “The meeting with the French ambassador and his accompanying delegation, which took place today, tackled bilateral relations between France and Iraq…,” Governor Shaltagh Abboud al-Mayyah told Aswat al-Iraq news agency. The […]

Turkey Says Pipeline Agreement Will Be Renewed

Turkey’s energy and natural resources minister said that the crude oil pipeline agreement would be renewed with Iraq. Speaking at the 9th International Oil and Gas Conference at Ankara’s Sheraton Hotel, Taner Yıldız said, “there are big and significant natural gas and oil reserves in east of Turkey. Turkey shapes its energy policies and diplomacy […]

Kirkuk-Ceyhan Pipeline Accord to be Extended

Turkish Minister of Energy and Natural Resources Taner Yildiz said Tuesday his country sought to renew the Kirkuk-Ceyhan oil pipeline accord with Iraq before it expires on March 30, 2010. Turkey and Iraq are likely to reach agreement on the extension of the accord for another 20 years soon, the minister said in an address […]

Iraq Targets 12 Million Barrels a Day, Defers OPEC Quota Limits

Iraq expects to produce 12 million barrels of oil a day within seven years and won’t even discuss OPEC quotas until 2012 as output accelerates after years of conflict, the country’s oil minister said. “We are not discussing any quota for Iraq before our production increases significantly,” Iraqi Oil Minister Hussain al-Shahristani told reporters today […]

Fate of Oil-rich City Crucial to Stability of Iraq

The future stability of Iraq may turn on the fate of the oil city of Kirkuk, who’s estimated 570,000 people are caught in a bitter dispute between the country’s Kurdish minority and the central government in Baghdad. Iraq’s Kurds, who comprise about 20 per cent of the national population, claim Kirkuk as their own. Some […]