"The allocation of the presidency position, is based on two options, one of them is Tariq Al-Hashimy, or as a fall-back the nomination of Ayad Alaawy for the PM position”, adding that there is already an agreement that the presidency poison should be taken by an Arab
An Academic warned on Wednesday of the extinction of Hammour fish in Iraqi territorial waters and in the Gulf. “The sea sciences center of the Basra University has adopted several precautionary measures to increase the number of Hammour,” the center’s media official, Hashem Zaki, told Aswat al-Iraq news agency. “The center will work on increasing […]
The Chamber of Commerce in Karbala has held a symposium to discuss trade and investment in the province, the chamber’s head said on Wednesday. “The symposium included a number of officials and traders, as well as parliamentarians, local government members and more than 60 Iraqi traders,” Nabeel al-Anbari told Aswat al-Iraq news agency. The symposium […]
The Iraq Central Bank Governor said that the policy of the Bank is based on encouraging funds to Iraqi banks and not the other way round in order to limit inflation in Iraq. The Iraq Central Bank is keen to raise interest rates to make it equivalent to the rate of inflation in the country […]
Iraq expects to step up its Treasury bill activity in 2010 to help plug continuing budget deficits and foster a secondary treasury market, the Central Bank and Finance Ministry said in a submission to the IMF. Iraq, only just emerging from sectarian war but still battling a stubborn insurgency, also wants to develop foreign exchange […]
The investment gap in Iraq in 2010 is ID 36 trillion, an economist said on Wednesday. “Investment allocations in 2010 are below expectations,” Kamal al-Basri told Aswat al-Iraq news agency on Wednesday. He said that the allocations delay governmental programs and extend Iraqi people’s suffering. (Aswat Al Iraq)
The Iraqi Civil Aviation Board has given its approval for plans for a new international airport in Salahuddin province, Meed has reported. The $140m airport will have capacity for some two million passengers every year, and will comprise one runway and one taxiway, the Salahuddin Investment Commission said. The airport is expected to open in […]
The Accountability and Transparency Department, a non-governmental organization, held a seminar on promoting standards of financial transparency in the city of Najaf last week. Mr. Hussein al-Kaabi, head of Accountability and Transparency, said, "One of the foundations of democratic states is the freedom of access to information in order to enhance accountability." Kaabi said, "The […]
Iraqi provinces will have the right to reap $1 from each barrel their oil fields produce, the cabinet has announced. The decision is part of the draft projects which need to be approved by parliament before turning into law. Government spokesman Ali al-Dabagh said the government hoped parliament will pass the draft law and that […]
Some 322.9 million liters of gas oil have been exported to Iraq via Abadan from March 20, 2009 to March 6, 2010. During the period some 920,000 liters of gas oil were exported daily to Najaf and Baghdad power plants, SHANA News Agency reported on Wednesday. Iran exported some 188 million liters of kerosene and […]
Sunday's election was long anticipated and keenly contested, and it will take many more weeks of negotiations before we finally know how the next government will look. Democracy is hard work, but most now seem to accept that it is vastly preferable to the alternatives. And while the horse-trading continues, it's essential that those in […]
Iraq has signed a deal with Boeing to buy ten 787 Dreamliners on behalf of its flag carrier, Iraqi Airways, the National has reported. The contract was reported on the Boeing website this week, although the deal was apparently concluded on December 22. The aircraft are worth a total of $1.7bn at list prices, but […]
