The Public Company for Cereals Trade said that a ship loaded with 52.5 tones of Russian flour had reached Um Kaser port. The shipment falls within the framework of the Ministry of Trade Flour imports. The company representatives in Um Kaser will transport the load to the port silos and the flour will be distributed […]
Archive | 2010
Minister Discusses Growth with Mill Owners
Proxy trade minister, Safa' Al-Deen Al-Safi, received a number of flour mill owners and discussed details of the new contract. He emphasised the importance of the private sector in developing production and his intention to support production of high quality flour to standards that meet the needs of citizen and state. National media center stated […]
Tags: Industry & Trade, Ministry
Talafar Asks Nineveh to Reconsider Its Budget Allocation
Talafar Directorate in Nineveh Province called on the Province Council to reconsider its share of the current year’s budget since it only covers 25% of the province’s needs. However, Sinjar doubted that the government will agree. Talafar governor Abdul Al Abbas said that 10.9 billion dinars were allocated for the region. This amount is not […]
Oil Exports to Turkey to Resume
Iraqi crude exports to the Mediterranean port town of Ceyhan in Turkey could resume in a week after an explosion blamed on an attack damaged an oil pipeline on Thursday, an Iraqi oil official said. "We are sure now that it was sabotage not a technical failure... The time frame to fix the pipeline and […]
Iraq to Save Money Spent on Importing Oil Derivatives
According to Al SumariaTV, an Iraqi Oil Ministry Spokesman said that Iraq will save more than $5 billion by adding new refining units to the Al Dora refinery and rehabilitating the Beiji refinery. Money that used to be spent on buying oil derivatives from neighboring countries in order to meet the needs of the local […]
Qtel Q1 Profit More Than Doubles
Qatar Telecommunications Co QTEL.QA (Qtel) announced on Wednesday that it more than doubled its first-quarter net profit, beating analysts' expectations. They posted a first quarter net profit of 1.2 billion riyals ($329.8 million), compared with 593.7 million riyals a year-ago. Analysts polled by Reuters expected a first quarter net profit of 644.7 million riyals.[nLDE63A03Y] Expected […]
Tags: Qatar, Telecoms/Comms
Iran Trade With Iraqi Kurdistan to Expand
Iran and Iraq's Kurdistan Regional Government (KRG) agreed to increase bilateral trade in the current year, a Kurdish official announced on Monday. "The volume of trade between Iraqi Kurdistan and Iran will increase to $4 billion this year," a member of the Iraqi Kurdistan's Legislative Council, Feiz Ali Khorshid, told Fars News Agency. The meeting […]
Tags: Industry & Trade
Basra Bridge Budget Increased to ID500m
The Basra council decided on Wednesday to increase funds allocated to the al-Tanouma bridge project from 125 million to 500 million Iraqi dinars ($424,000), according to the chairman of the Basra council according to the Aswat al-Iraq news agency. “The extra money will be used to overcome difficulties facing the project,” he explained. “The approved […]
Kurdistan Press Syndicate Honors Aswat al-Iraq’s Editor-in-chief
The Kurdistan press syndicate held on Wednesday a celebration on Kurdistan Press Day to honor 12 media men, who work for Iraqi, Arab and foreign agencies, including Aswat al-Iraq news agency editor-in-chief, Zuhair al-Jazaeri. The celebration, which was held in the Media hall in Arbil, was attended by Culture Minister Kawah Mahmoud and President of […]
Tags: Telecoms/Comms
Weatherford to Be Ready for Iraq Fields by July
Weatherford has established nine rigs operating on the ground in Iraq with 1,000 employees.
Tags: recruitment, Weatherford
Iraq Cabinet Approves Naft Al Wassat Company
Iraq Government Spokesman Ali Dabbagh said that the Cabinet approved Ministry of Oil request to establish Naft Al Wassat Company with a capital of 100 billion Iraqi Dinars.
Tags: Naft Al Wassat Company, Oil & Gas
Iraqi-Turkish Conference in Basra
A joint conference was held on Tuesday by the Iraqi businessmen association with the Turkish consulate in Basra to develop commercial relations between the two countries.
Tags: Investment, Turkey