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Iraqi Elections: New Shia Coalition Announced

By on 5th May 2010 in Blog

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

By on 5th May 2010 in Iraqi Communications News

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

By on 5th May 2010 in Iraq Transportation News

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

By on 5th May 2010 in Iraq Transportation News

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 […]

20% increase forecast for Karbala harvest

By on 5th May 2010 in Agriculture

The harvest of wheat and barley crops started on Tuesday in Karbala on 33,000 donums, according to a local director of the agriculture department. “The harvest started in the most famous regions for wheat and barley; al-Khayrat and al-Jadwal al-Gharbi districts, east of Karbala, where farmers started to harvest 15,500 donums of barley and 17,524 […]

Germans start to restore Power Station

By on 5th May 2010 in Iraq Public Works News

The German Siemens company has started to rehabilitate the electric power station in Tazt Al Ghazia. The head of distribution directorate, Yaljin Mahdi, said that the power station will decrease the overload on other electric power stations and increase stability. ( Al SumariaTV )

ISX Index Slightly Down on Tuesday

By on 5th May 2010 in Iraq Industry & Trade News

The Iraqi Stock Exchange (ISX) index went down slightly by 0.08% to close at 94.7 on Tuesday over trades in 32 of a total of 83 electronically-registered firms. 4 companies went up, 12 down while 16 were unchanged. 8.490 billion shares were traded worth more than16.199 million Iraqi dinars in 233 deals. Banks led the […]

Romanian Firms to Invest in Karbala

By on 5th May 2010 in Iraq Banking & Finance News

Karbala’s Investment Commission on Tuesday signed a Memorandum of Understanding with a group of eight Romanian firms that are willing to invest in the province. “The document indicates investment projects within the fields of housing, farming, environment, and roads,” a local source told Aswat al-Iraq news agency. He noted that the Romanian delegation has been […]

Risks and Opportunities in Iraq

By on 4th May 2010 in Blog

Exactly two months after the elections in Iraq, the votes are still being re-counted in the Baghdad constituency. Yes, it's a laborious and painstaking procedure, but surely the cost of more manpower and better systems would be outweighed by the benefits of speeding up the process, so that people would know where they stand and […]