Iranians in Karbala for Investments

An Iranian investment delegation is in Karbala. “The delegation will be in Karbala for three days,” a local source told Aswat al-Iraq news agency on Wednesday. He noted that the delegation’s members expressed readiness to execute different investment projects in Karbala. ( Aswat Al Iraq )

Iran Exports 1.5 Million Litres of Fuel a Day to Iraq

Iran has agreed to ship 1.5 million liters of fuel to breathe life into some Iraqi power plants made idle due to fuel shortages. The agreement was struck during a visit by a high level Iraqi delegation to Tehran, a statement by the Ministry of Electricity said. The agreement comes as power outages have worsened […]

Russia’s TNK-BP Creates JV to Tap Iraqi Oil and Gas

Russia’s TNK-BP, half owned by BP, has establish a joint venture to develop oil and gas fields in Iraq, TNK-BP said on Wednesday. It said, it has signed an agreement with the Iraq Oil Company for Oil Investments (IOCOI) to establish the venture. “The two companies will consider joint acquisition of fields with commercial reserves […]

Iraq to Launch Gas Field Auction: Ministry

Iraq is set to call for bids from energy firms to develop its gas fields, the oil ministry said on Wednesday, as the war-ravaged country seeks new revenue sources to rebuild its battered economy. “The ministry will announce tomorrow (Thursday) the launch of a tender to develop gas fields and it will invite international companies […]

Iraqi Elections: New Shia Coalition Announced

The two biggest Shia political groups have announced they are to form a coalition. Incumbent Prime Minister Nouri Maliki’s State of Law, and the Iraqi National Alliance, would together be just four seats short of a majority. The difficult question of who would be Prime Minister is still to be decided. The announcement comes as […]

Protection for Journalists Needed – USJ

The Union of Syrian Journalists (USJ) called on journalists’ international organisations and UN affiliated bodies to provide ” needed protection for journalists in Palestine, and Iraq”, who are subjugated to ”the ugliest circumstances due to the  occupation”. In a Communiqué issued by USJ here Monday, marking the International Day for Press and Arab Press Festival, […]

2 Big Tugs Arrive in Umm Qasr Port

The Iraqi Ports Company has taken delivery of two big tugs on Tuesday in Umm Qasr Port. “They are considered the biggest that have been used by the Iraqi Ports Company,” a local source told Aswat al-Iraq news agency. He noted that the two tugs have been manufactured in Malaysia according to a contract with […]

FlyDubai and Qatar Join Airlines Eyeing Up Iraq

FlyDubai’s chief executive CEO, Ghaith Al Ghaith, has said the airline is considering starting up services to Iraq.”Iraq is definitely on our radar” and that the country is “currently underserved” he said. The chief executive of Qatar Airways has also said it was looking at expanding to multiple cities in the war-scarred country. If the […]