For those who have followed Iraqi security on a daily basis since 2003, if not before, the current security situation in Iraq is nothing short of a miracle. In the dark days of 2006, the daily listing of violent incidents was 150 or 200-long, and we all knew that much of the sectarian cleansing was […]
Rumaila, the workhorse of Iraq’s oil industry and its largest producing oilfield, is buzzing with activity as executives, engineers and drillers begin a massive overhaul to nearly triple its million barrels per day output.At the airport in Basra, capital of southern Iraq, officials struggle to process the unprecedented numbers arriving to join the country’s nascent […]
“Iraq is reviewing the offer, submitted by a group of French companies, which would develop the transportation sector in Iraq, by allowing the investment companies to develop their work in this respect,” the source added.
In June 2010 Iraq Oil Report had two stories about locals in southern Iraq who opposed the government’s new oil deals.
Italy’s government and energy company ENI said on Friday they are setting aside a total of one million Euros (1.2 million dollars) to finance sports development projects in Iraq.
It is interesting to see Iraq is also using alternative energy sources in its goal of boosting production, although Cleary production from such sources is dwarfed by output from the oil sector. As the UN United Nations Environment Programme reported last year, investment in various types of sustainable energy, including solar power, continues to grow, […]
Internet calling service Skype Ltd. said Tuesday that it continues to see growth opportunities in the Middle East despite being banned in parts of the area and is optimistic about the company’s growth potential in Asia. “There are a couple of governments that officially banned Skype…but what we see in most of the developing world […]
The Iraqi Water Resources Ministry began work on Tuesday to implement a water management project in Karbala province. “The project is to be executed by the ministry’s staff,” the ministry said in a release as received by Aswat al-Iraq news agency. It said that the project is funded by Iraq with ID5 billion, but executed […]
Canon Middle East, an innovator and provider of imaging solutions for businesses and consumers, has pledged its support for computer summer camps being organized by educational authorities and universities throughout the region from June 1 to October 31, 2010. They will be overseen by the ICDL GCC Foundation, the governing body and certification authority of […]
Iraq’s current five-year development plan is expected to create 3.5 million new jobs, the Ministry of Planning and Development cooperation said. In a statement faxed to the newspaper, the ministry said under the 2000-2015 plan 2700 major projects are to be constructed across the country. “The implementation of the plan is certain to reduce unemployment […]
Prime Minister Barham Salih today in London told more than 500 delegates at a major conference that Kurdistan welcomes foreign business and invited international companies to participate in Kurdistan’s economic progress. Speaking at the Kurdistan Region Trade and Investment conference, the Prime Minister said, “Kurdistan welcomes foreign businesses with open arms. Foreign investment has played […]
The United Arab Emirates will double its current investment in Iraq’s semi-autonomous Kurdistan region to $6 billion by 2013, said Abdullah bin Ahmed al-Saleh, director general in the emirates’ Ministry of Foreign Trade. Kurdistan is a important partner for the U.A.E., which is keen to “develop and upgrade” ties between them, al-Saleh told delegates today […]