There are more than one million unemployed in Iraq.
Shahristani faced challenges to his authority by Kurdish leaders who continue to strike oil deals in defiance of his ministry.
“In this scenario, the role of Iraqi supplies may be more of a brake on rising prices than a catalyst to a lower price path,” the report explained. “In any case, the Iraqi auction clearly opens the door for a careful review of the conventional wisdom on the outlook for oil prices over the next […]
Hundreds of oil workers employed at the South Refineries Company demonstrated on Thursday in Basra demanding to dissolve the firm’s board of directors and to release their share of revenues.
Iraq’s oil sector is changing, and so could the identity of the man in charge. Asked if he hoped to keep his post as the minister of oil in the next Iraqi government, Dr Hussain al Shahristani said he would be happy to step aside. “I wouldn’t try to stay unless I was forced to […]
Thirty girls in Talafar have graduated on Friday from a training course in stained glass. “The girls were different ages and all were from Talafar (60 km) northwest of Mosul,” Mahdi Ghazi Ilias, a source from the course, told Aswat al-Iraq news agency. He said that during the course, experts trained the girls to develop […]
Oil expert Abduljabar al-Halafi on Friday highlighted the importance of signing an agreement to benefit from potential oilfields between Iraq and neighboring countries. “There are no joint oilfields between Iraq and neighboring countries, but there are potential geographic reserves on borders,” al-Halafi told Aswat al-Iraq news agency. “The use of any part of these oilfields […]
Iraq’s ministry of transport is pressing Boeing to pull forward its scheduled to deliver of 55 new aircraft the state-owned Iraqi Airways. The fleet of 55 new Boeing 737s, 777s and 787s are not due to arrive until 2013, but they are hoping to get some delivered this year. Currently the airline owns just four […]
While much of the rest of the world is still taking tentative steps forward in its recovery from a global economic crisis, some industries and regions are already making strides in the right direction. Anglo-Arab Insurance Broker’s Chief Operating Officer, Mr. Robert Edwards, surveys the risk-transfer buying patterns of the energy industry in some of […]
The Central Bank of Iraq has given permission to the Parsian and Karafarin Iranian banks to open offices in Baghdad, according to local agency reports. The banks were given a month to determine the place of offices and to transfer their capital to Iraq. ( Trend )
The Board of Supreme Audit has discovered financial irregularities in the Salah al-Din provincial council, an official statement said on Thursday. This came during a session headed by the board’s president, Abdulbaset Turkey, to discuss the 2009 financial statements of the council, according to a statement received by Aswat al-Iraq news agency. The session has […]
The state-run banks in Thi-Qar province have canceled their Saturday holiday and extended their working hours until 05:00 p.m. in an attempt to serve more clients. This decision came after Governor Taleb al-Hassan had met with retired people who were queuing for a long wait to receive their salaries, according to a statement released by […]