Asiacell has stated that its revenues increased 17% year-on-year to US$377.29 million in Q1, according to a report from Wireless Federation. EBITDA rose 14% to US$213.63 million, with EBITDA margin falling 1% to 57%. Revenue and EBITDA growth was driven by increased customer base and increased usage. At the end of Q1, Asiacell had 8.306 […]
The United Nations Compensation Commission (UNCC), which settles the damage claims of those who suffered losses due to Iraq’s 1990 invasion of Kuwait, made $880 million available to nine successful claimants on Thursday. The latest round of payments brings the total amount of compensation disbursed by the Commission to $32.2 billion for more than 1.5 […]
AKnews reports that the Iraqi Ministry of Agriculture has announced the allocation of $285 million [350 billion Iraqi dinars] for the rehabilitation of the country’s palm groves. Ministry spokesman Karim al-Tamimi told the agency that $177.3m of the allocation will fund an investment plan put together by the General Authority of Palms, $76.3m will be […]
Three flights a week from Vienna to Baghdad Austrian Airlines now flies to two destinations in Iraq Serves a total of 12 destinations in Middle East Austrian Airlines is to reincorporate the Vienna-Baghdad-Vienna route into its scheduled flight programme from 8 June 2011 onwards. The carrier will operate a total of three flights a week […]
Move One's Country Manager for Iraq, Cameron Marchand, gives an overview of what it takes to run a business in Iraq. An integral part of what has driven Move One to become a leader in its field is the ability to operate in the most challenging and inhospitable environments of the world. Until recently, Iraq […]
The inaugural edition of the annual Airports Expansion, Cargo and Logistics Conference and Exhibition, organised by Arabian Reach, the UAE-based company specialising in exhibitions and events management across the region, began Wednesday, April 27, 2011 in Erbil, Iraq, with the participation of over 2000 visitors from 33 countries across the world. UAE visitors alone comprise […]
Following the announcement by the Iraqi Ministry of Oil that 12 exploration blocs, including the first sea exploration bloc, will be tendered in next year’s auction and alongside the current influx of hundreds of companies to Iraq, the development of its oil and gas industries look set to continue. The latest edition of CWC’s Iraq […]
ExxonMobil Iraq Limited is contributing 1.2 billion Iraqi dinar (US$1 million) to equip petroleum engineering laboratories at the University of Basrah to be used by students seeking careers in Iraq's oil and gas industry. This grant will also fund faculty and curriculum development under which some 46,000 students are expected to study over the next […]
The German company Bertling met the chairman of the Basra Investment Commission to discuss their plan to establish an project providing logistical support for oil and gas companies in Basra. A director of the company, Ali Majed Sabah, said ,"the conference that was held in Kuwait Chamber of Commerce recently and our follow up at […]
The Grain Board of Iraq said that Iraq intends to purchase 3.25 million tons of wheat this year, up from to 1,9 million tons last year. The company said that part of the wheat will be used to enhance its strategic stockpile. Hasan Ibrahim said that the 3.25 million tons of wheat will cover the […]
Zain Iraq is unifying its subscriber data, currently distributed across the network, into a single database using the Nokia Siemens Networks’ One-NDS platform. One-NDS enables real-time data access across multiple applications. It addresses Zain’s need for a resilient and high capacity subscriber data repository to meet its growth targets by introducing flexibility not found in […]
By the World Health Organisation (WHO). By launching the second national vaccination week, Iraq calls all partners to stand together and make the prevention of diseases a priority for all,” said H.E Dr. Hamad Amin Majeed, the Minister of Health in Iraq. “Together, we can protect our children from preventable deadly diseases in 2011 and […]
