Iraq's National Investment Commission (NIC) has announced that it has finalised the fundamental designs for the project to build 100,000 housing units in Bismaya. The units are to be built on a site of 8,000 donums (2,000 hectares), and will accommodate 500- 600,000 Iraqi citizens. NIC Chairman, Dr. Sami al-Araji, said in a press conference […]
According to a report from Aswat al-Iraq, an economic advisor to Iraq’s Prime Minister, Nouri al-Maliki, has described the Central Bank of Iraq (CBI)'s plan to redenominate the Iraqi currency as “the worst corruption and money-laundering process in the history of Iraq.” “The CBI must understand that it is playing with fire and undermining the course […]
The following article was published 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 with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]
According to lawmakers, the border area between Kuwait and Iraq should no longer be disputed territory. However Iraqi locals see it differently and accuse Kuwait of blocking their waterways, stealing their oil and teaching their children untruths about the area, according to this report from Niqash. As dusk falls along the southern borders that Iraq […]
ستعقد في السليمانية أول ورشة عمل حول المستجدات في إدارة الكوارث والطوارئ بالتعاون مع وزارة الصحة الإتحادية ووزراة الصحة في إقليم كردستان بالتعاون مع TIEMS (الجمعية الدولية لإدارة الطوارئ) لمزيد من المعلومات الرجاء الضغط هنا.
مع افتتاح الجولة العراقية الرابعة في يناير 2012، لن يكون هنالك وقت أفضل لزيادة معرفتك بفرص ومخاطرالاستثمار في هذه المنطقة. مجتمع مهندسي البترول في لندن يواصل فعاليات المسائل التقنية المالية والبيئية للاستثمار في منطقة مهيئة للاستثمار. أذا كنت معنى في هذه المنطقة أو تود معرفة المزيد عنها لا تفوت هذه الندوة. لمزيد من المعلومات الرجاء […]
Washington and Baghdad have made significant progress on a deal for Iraq to buy Lockheed Martin F-16 warplanes but do not have a signed contract, according to Bloomberg. In February the Iraqi government delayed its planned purchase of F-16s and diverted $900 million set aside for an initial payment on the aircraft into its national […]
Although they grow wild, mushrooms remain a relatively exotic food in Iraq, according to this report from Niqash. Now one ambitious Mosul man plans to change all that: by starting Iraq’s first mushroom farm. And there are already shoppers queuing for his fungi. The casual observer would be hard pressed to find signs of an […]
Officials in Basra have reportedly blocked a $500m power generation deal with Korea's Hyundai, because of the company's involvement with the controversial Mubarak Port in Kuwait. The project was due to be launched on Thursday. Ayad al-Amara, an official spokesman for Basra Governorate told AKnews that the Governorate has decided to stop work with all […]
The Egyptian Natural Gas Holding Company (EGAS) is considering several new natural gas projects in Iraq in collaboration with Iraqi and foreign firms, according to the company’s director, Hassan al-Mahdy, told Al-Masry Al-Youm. He said the projects would include excavation and the construction of distribution networks, and provided multiple opportunities for Egyptian construction and consultancy […]
Iraq and Iran have agreed that the Iraqi committee for demarcation of borders between the two countries should complete its mission by the end of the year, according to AKnews. Ahmed al-Shekhani, a member of the committee, told the agency that the related bodies agreed for the committee to assign landmarks on the border areas of […]
U.S. officials have arrested 13 people for their alleged involvement in an organised crime gang stealing cars for transport to Iraq. "Operation Hot Wheels," a two-year investigation by the U.S. Immigration and Customs Enforcement's Homeland Security Investigations, resulted in nine Detroit and four in San Diego. The vehicles were shipped to Iraq through Canada. The […]
