Archive | 2010

WEBO 2010 fair in Basra

An International Fair was opened in the new Basra International Exhibition Centre in Maaqal in southern Iraq’s Basra Province, with the participation of 70 Iraqi and foreign companies, the Exhibition’s media source said on Sunday. Aswat al-Iraq reports that the Fair, called “WEBO 2010,” was opened with the attendance of Basra’s Governor, Ahmed al-Hassani and […]

Turkey to Develop Education in Kurdistan

Turkey's education minister, Niemat Jobokjo, expressed the desire to help develop Kurdistan's educational sector, he said during a visit to the province. The Turkish minister visited many schools in Erbil, praising educational levels there, and said she wants to develop exchange visits and joint workshops. She was accompanied by Turkish lawmakers and educational officials. (Source: […]

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33 Companies Compete for Iraqi Power Plants

As we predicted in our report last week, Iraq's acting Electricity Minister, Hussain al-Shahristani, asked investors on Saturday to compete to build four new power plants to help the country meet it increasing electricity demands. According to Bloomberg, the Minister promised a healthy profit for the winners. At a meeting of 33 local and international […]

Maliki on Track towards Forming the Next Government

The following article was published on Saturday by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here in full with the author's permission. The opinions expressed are those of the author, and do not necessarily reflect the views […]

Another Turkish Bank to Open in Iraq

AKnews reportedon Saturday, that "Eash Bank" from Turkey claims to open two branches in Erbil and Baghdad in the coming three months. Iraq Business News believes it sthe bank to be İş Bankasi. According to Jihan News Agency, the Bank Director Arsean Awzanja said  there is a possibility to open four branches in Iraq. Awzanja […]

Maliki to 'Unveil New Iraqi Cabinet on Monday'

Reuters, quoting 'senior officials', reports that Iraqi Prime Minister Nuri al-Maliki will unveil his new cabinet on Monday, retaining the oil minister who forged ambitious plans to turn the war-ravaged country into a top global oil producer. Oil Minister Hussain al-Shahristani, a Shi'ite and former nuclear scientist, will be a key member of the new […]

Chevron Considered Iran-Iraq Oilfield

The Iraqi Prime Minister, Nouri al-Maliki, allegedly told U.S. diplomats that oil giant Chevron has been in talks with Tehran about developing a cross-border oilfield with Iraq, according to a cable released by WikiLeaks. Dow Jones reports that the cable, sent by the U.S. Embassy in Baghdad, summarizes a conversation between the U.S. diplomats and […]

Microsoft Opens Training Centre in Baghdad

The international computer giant Microsoft opened its first training centre in Baghdad on Wednesday. The Iraqi Minister of Technology and Science, Ra’ed Fahmi, said the centre would contribute to developing Information Technology (IT) skills among the country’s workforce. During the opening ceremony held in Baghdad, the centre's director, Ahmed Iz al-Dein, said that the centre […]

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Kurdistan Signs Trade Protocol with Ukraine

The deputy head of the Kurdistan Importers and Exporters Union said the union signed a protocol with the Ukraine Business Council during a visit to the Ukrainian capital Kiev (pictured). The protocol was signed at the conclusion of a wide-ranging commercial conference held by the Ukraine Business Council. Sixteen members travelled from Kurdistan. The terms […]

Iraq's New Nuclear Plans

Wednesday's United Nations Security Council decisions removed, among other things, the restrictions on Iraq's importation of nuclear technology. But how will Iraq use this new freedom? A report from Reuters suggests some options: Nuclear Energy The UN move allows Iraq to re-develop nuclear reactors, but Science and Technology Minister, Raed Fahmy,  said a full study […]

New Turkish Banks Opening in Erbil

The Turkish alBaraka Bank will open its branch in Erbil, the Kurdistan Region’s capital, in early January, according to a report from AKnews. According to the information leaked to the agency's correspondent, the bank’s officials have completed the formal application through the Central Bank of Iraq (CBI), and have informed the Kurdistan officials of the […]