Author Archive | adrianshaw

Government Slashes Iraqi Farmers’ Subsidies

The government has slashed subsidies to Iraqi wheat and barley growers, fuelling farmers’ anger across the county. Director-General of Iraq’s Grain Board, Hassan Ibrahim said the prices the government paid for wheat and barley were much higher than those prevalent on international markets. This year, wheat growers will get 650,000 Iraqi dinars ($500) instead of […]

Small Manmade River Opened in Wassit

A small canal in Wassit province has been opened on Monday. “The total cost of the project is around $2.9 million,” the Iraqi Water Resources Ministry said in a release received by Aswat al-Iraq news agency. It noted that the project is part of the Iraqi government’s agricultural initiative. ( Aswat Al Iraq )

ISX Trading Hits ID8.9 Billion on Monday

The Iraqi Stock Exchange (ISX) trading activities hit 8.9 billion Iraqi dinars (roughly $7.6 million), mostly over the Iraqi Islamic Bank in its second electronic trading session after meeting its obligations to the securities authorities and the Central Bank of Iraq (CBI). Monday’s session saw trades of 33 out of 84 the electronically-registered firms, 12 […]

Efforts of Al-Ezz State Co. Recognised

Ezz State Company, Ministry of Industry and Minerals, won a certificate of merit from the ministries of agriculture and water resources, for its role in and active participation in the agricultural exhibition held at Baghdad International Fair. An official source at the company said that this will enhance the confidence of affiliates in their work […]

Talabani Stresses Economic Relations with Egypt

Iraqi President Jalal Talabani called for an  expansion of economic relations with Egypt, and using the experience of Egyptian firms in the rebuilding process of Iraq. “It is important to have a strategic alliance with Egypt within all fields,” an Iraqi presidential release quoted Talabani. He noted that the rebuilding of Iraq is a key-issue […]

Marine Official: Largest Two Tugs Will Operate in Oil Ports

Captain Salim Jabbar, marine navigation department manager in Iraqi Ports Company, said "The largest two tugs, Al-Fayha'a and AlAshaar, will serve the Iraqi ports company, which will contribute to departing and docking operations from Basrah and Al-Ameeq oil ports." He added in an exclusive statement to Eye media reporter that "Iraqi ports are on the […]

Operation of Power Station in Missan Starts Up

Staff from the Iraqi Electricity Ministry on Sunday launched the process of preliminary operation of a new power station in Missan province. “The station’s capacity is 180 Mwatt,” a local media source told Aswat al-Iraq news agency. He noted that the station will improve power supply in the province, especially in the marshes. ( Aswat […]