Hundreds of Turkish firms have flocked to the semi-independent Kurdish enclave in northern Iraq, benefiting from a newly issued law easing curbs on foreign investments. Latest figures by the Kurdistan Investment Commission show that more than half of the foreign firms in the enclave are Turkish. In a statement, the commission said there were 620 […]
Author Archive | adrianshaw
Tags: Investment
Iran To Boost Non-Oil Exports To Iraq
Iran plans to increase its non-oil exports to Iraq to US$7.5 billion annually from the current US$4.8 billion, the secretary-general of Iran-Iraq economic development centre said on Sunday. "Iran mainly exports foodstuff and construction materials to Iraq," Mehr News Agency (MNA) quoted Hassan Danaiifar as saying Sunday. "Currently, over 8,000 tonnes of cement is being […]
Tags: Industry & Trade
Four Injured in Blast Near Oil Company in Northern Iraq
Four security guards were injured Sunday when two explosive devices detonated near the entrance of an oil company in the northern Iraqi city of Kirkuk, a police source said. Security forces cordoned off the area and launched a search operation for those behind the blast, which targeted the North Oil Company, northwest of Kirkuk, Helo […]
Media Regulator Calls for Greater Press Freedom
The head of Iraq’s Communications and Media Commission (CMC) Dr Burhan Al-Shawi, has announced plans to hold a major conference in partnership with the Iraqi Supreme Judicial Council as part of efforts to abolish laws that are incompatible with press freedoms. An independent authority that is solely responsible for licensing and regulating telecommunications and media […]
Tags: press, Telecoms/Comms
4th Cell Phone License Approved
The Iraqi Council of Ministers has decided to grant a license to the 4th mobile phone provider in Iraq. “The decision comes in order to activate the communication sector in Iraq, and to provide better cell phone service to the Iraqi people,” Dr. Ali al-Dabbagh, the official spokesperson of the Iraqi government, said on Sunday […]
Tags: Cell phone, Telecoms/Comms
UAE Invests in Big Housing Project in Baghdad
A firm based in the United Arab of Emirates (U.A.E) will invest in a big housing project in the Iraqi capital, the Baghdad Mayoralty said on Sunday. “The company will invest $20 billion over a period of 10 years,” the mayoralty said in a release received by Aswat al-Iraq news agency. The project will consist […]
Najaf Council Bans Transportation Ministry
The Najaf Provincial Council has decided on Sunday to ban dealings with the Iraqi Transportation Minister Amir Abduljabbar and his Ministry. “The decision was made because the minister has an anti-Najaf policy,” a media source from the council told Aswat al-Iraq news agency. He noted that the Najaf Provincial Council will file legal petitions to […]
US Charity provides ID90m for Water Project in Talafar
A project to extend a water network in al-Jazirah neighborhood in southern Talafar district, western Mosul, at a total cost of 92 million Iraqi dinars was finalized on Sunday, the mayor said. “The three-km-long project to increase the drinking water network was finalized today (May 23). It has been made possible through finance from a […]
US Troops for Reconstruction Projects
Reconstruction and rehabilitation projects have started once again in Anbar region after a relatively stable security level which helped to complete important service projects to provide water filtering and refining stations. US reconstruction teams played an important role in the projects through planning, financing and implementation. 7 water storage tanks have been built in Hit, […]
Tags: Public Works, US Troops
Nineveh to Start Development
Nineveh governor Athil Al Nujaifi said that the province has started to implement this year’s provincial development after Ministry of Planning approval. Work will start after contractors submit their bids. The projects have been approved by the Provincial council and submitted to the Ministry of Planning which ratified the majority of them. ( Al SumariaTV […]
Tags: Nineveh, Public Works
Chinese Play for Closer Ties with Arabia
The Chinese deputy Foreign Minister, Zhaijob, told an Arab foreign ministers meeting in China that his country is now the third economic power in the world but it needs time to face the big challenges of restoration despite the fact that his country could double its domestic product. . Zhaijob said that China placed high […]
Wheat Production to Double This Year
Iraq Deputy Agriculture Minister Sobhi Al Jamili said that Iraq would double it’s wheat production this year to 2.5 million tonnes due to climatic conditions which should enable Iraq to provide half of the total wheat consumption it needs. Al Jamili said that Iraq Premier Nouri Al Maliki has approved a project submitted by the […]
Tags: Agriculture, Wheat