Basra Investment Commission has granted an investment license for a company in the health sector, Ghadir, to construct a plant producing bottled water. The plant consists of a building on an area of 300 m2 as well as machines and equipment to produce 40,000 bottles per day. Total cost is estimated at 775 million Iraqi […]
The Grain Board of Iraq (Ministry of Trade) has announced a tender for the supply of 100,000 tonnes of wheat. The deadline for bids is 10:00 am Baghdad time on 23rd April. Please click here to download the tender details.
Halliburton has been awarded a contract by ExxonMobil Iraq Limited (EMIL) to provide drilling services for 15 wells in the West Qurna (Phase I) oil field located in Southern Iraq. Halliburton will provide a complete range of well construction services utilizing three drilling rigs to safely deliver the wells. Joe Rainey, president of Halliburton's Eastern […]
By Anthony V Raftopol. This article was originally edited by, and first published on, www.internationallawoffice.com - the Official Online Media Partner to the International Bar Association, and International Online Media Partner to the Association of Corporate Counsel, and European Online Media Partner to the European Company Lawyers Association. Register for a free subscription at www.internationallawoffice.com/subscribe.cfm […]
The Mayoralty of Baghdad has said that it will provide 50 billion dinars [42 million Iraqi dinars] as an additional allocation to improve services in the capital. "The extra allocations will be used to improve services, including drinking water, sewerage, roads and agriculture," the mayoralty said in a statement quoting Engineer Naeem al-Kaabi, responsible for […]
The economic commission of the Iraqi parliament has proposed merging the Ministries of Trade and Industry to support the Iraqi economy through improving the local production and enhancing Iraq's abilities. Ahmed al-Alwani, Chairman of the Committee told AKnews that the integration of these ministries is done in all international economically and commercially developed countries. In […]
Gulf Keystone Petroleum (AIM: GKP), the oil and gas exploration and production company operating in the Kurdistan Region of Iraq, has announced its results for the year ended 31 December 2010. HIGHLIGHTS Financial Summary · Loss after tax $26.0 million (2009: $96.3 million) · Loss per share 4.17 cents (2009: 22.80 cents) · Cash, cash equivalents […]
The Ministry of Labor and Social Affairs has said it will require foreign companies operating in Iraq to ensure that local Iraqis make up at least 50% of their work force, in a bid to reduce unemployment in the country. Official figures indicate that Iraq has more than 25% unemployment with unofficial statistics indicating up […]
Diyala Province Administration has approved an offer from an Egyptian company to build a new steel and stainless steel mill in the province. The local administration informed the Egyptian company to send a delegation to the province in order to study the details of the project. (Source: AlSumaria TV)
A major project for the reconstruction and rehabilitation of west Baghdad’s al-Sadr City will employ between 75,000 and 100,000 people during its implementation period, and another 50,000, Baghdad’s Mayor, Sabir al-Issawi said on Wednesday. According to the report from Aswat al-Iraq news agency, Issawi stressed that the project would comprise the construction of several multi-storey […]
The media and relation officer for Dohuk Municipality said 771 families in the province will be paid for giving up their lands for Dohuk International Airport. Ismael Mustafa told AKnews the families in Semele district, who have been living in the area for the past 15 years, each will be paid 22 million Iraqi Dinars […]
The biggest rubbish processing plant in the Middle East was opened on Wednesday in Baghdad by a Turkish company, according to the Municipality of Baghdad. Deputy Baghdad Mayor Naeem al-Kaabi on Wednesday opened the al-Sadr waste processing plant in al-Habibiya region, making it the largest in the Middle East. It was designed by a Turkish […]
