German construction and engineering company Bauer said it signed a letter of understanding on a $2.6 billion [3.1 trillion Iraqi dinar] contract to refurbish a dam in Iraq. "We expect the contract to be ready for signing within the next few months, after some final details have been clarified," Chief Executive Thomas Bauer said in […]
Archive | 4th November 2011
Ex-Pentagon Deal-Maker Launches New Iraqi Fund
Bloomberg reports that Paul Brinkley (pictured), the former U.S. Defense Department official who sought to attract companies to Iraq and Afghanistan, has started an investment and advisory firm with backing from billionaire Hyatt chairman Thomas Pritzker. Nawah LLC - short for North America Western Asia Holdings - will initially seek to invest in Iraqi companies […]
Barcelona FC to Set Up Football Academy in Iraq
Spain's Barcelona Football Club has agreed to set up a football academy in Iraq, Iraqi Minister of Youth and Sports said on Friday. Jasem Mohammed Jaafar told AKnews the academy will be run by Spanish experts and will train gifted Iraqi players as well as coaches and referees. The agreement came after the Minister met […]
Sharing the Oil Money: How Federalism Could Save Iraq
Sharing the Oil Money: How Federalism Could Save Iraq from another Saddam Hussein Iraq’s oil revenues are currently distributed in a way that sets the financial foundation for a new dictatorship, according to this report from Niqash, in which an economist explains how federalism, a better tax system and the national oil and gas law […]
The Foremost Oil & Gas Event in Iraq
2nd BASRA OIL & GAS 25- 28 November 2011 Basra International Fair Ground, Al Maqal Port / Basra, IRAQ 19 SPONSORS, 470 PARTICIPANT COMPANIES… THE FOREMOST OIL & GAS EVENT IN IRAQ! 2nd Basra Oil & Gas has exceeded all expectations and has proven it is going to be a much bigger success compared […]
US Deputy Secretary of State Video on Iraqi Business
U.S. Deputy Secretary of State Nides' Statement at the 38th Baghdad International Trade Fair