The Arab world needs to invest more than $100 billion over the coming 20 years to meet growing demand for food from the local population, which is expected to grow to 550 million by 2030, Abha-based Al Watan daily reports Saturday, citing an official. The private sector should provide about half of the required investments […]
Author Archive | adrianshaw
Tags: Agriculture, Food Demand
FAO Expects Iraq to Double Wheat Production
The Food and Agriculture Organization (FAO) of the United Nations said on Saturday that it expects Iraq to double its wheat production this year. “Iraq could produce two million tons of wheat in 2010,” an FAO expert told the press. He attributed the increase in wheat production in Iraq to the better rain season this […]
Tags: Agriculture, Wheat
Kirkuk Governor Lays Foundation Stone for Club Project
The governor of Kirkuk on Thursday laid the foundation stone for the al-Shurja youth club in the northern part of the city at a cost of 3.760 billion Iraqi dinars, according to the province’s information director. “Governor Abdulrahman Mostafa laid a cornerstone for the club in Shurja to be carried out by the youths & […]
New French Investments in Karbala
French Ambassador to Iraq, Boris Boillon, talked with officials from Karbala’ Province on ways to widen cooperation between the two parties in the investment field and by bringing in French companies to restore industry and manufacturing in the Province. The local government responded that it wants to boost relations with the French and its bid to […]
Finance: Approval of the Implementation of Article 98 of Service and Military Retirement Law
Ministry of Finance announced the approval of the Joint Committee recommendations of Finance and Defense Ministries on service and military retirement Law. A statement issued by the Information Office of the Finance Ministry said that Finance Minister, Baqir al-Zubeidy, approved the recommendations of the Joint Commission to implement Article 98 concerning private pay and grades […]
BBAC Launches Its Banking Services in Erbil
In line with its regional expansion strategy, BBAC s.a.l. (Bank of Beirut and the Arab Countries) has announced the start of operations in its new branch in Erbil, Iraq. This comes in response to the needs of the Iraqi market and the demands of Lebanese establishments and citizens in Iraq as well Iraqi people, Arabs […]
Housing for Refugees in Diyala Province
The Committee of Emigration and Emigrants in Diyala Province said today that 50 dunams (1 dunam = 1000 m2) will be provided from all the Province’s regions to build housing compounds for refugee families from the conflict in the region. There are more than 3000 refugee families officially registered. ( Al SumariaTV )
Fallujah Biggest Bridge Inaugurated
Al Fallujah city celebrated the inauguration of the biggest bridge in the Province. The length of the bridge is 470 metres and its overall cost is 12 billion Iraqi dinars. The engineer who supervised the construction works said that the bridge connects east and west Al Falloujah and aims at limiting traffic congestion in the […]
Shanghai Co. Startup Al Zubaydiah Thermal Power Station
Shanghai Company, began on Saturday, the implementation of the Al Zubaydiah thermal power station project north of Kut, at a cost of 924 million dollars. Director of Information in the province , Majid Al Atabi , said that the project is under the supervision of ten Chinese experts, accompanied by Director General of projects in […]
Tags: Public Works, Thermal Power
Iranians in Karbala for Investments
An Iranian investment delegation is in Karbala. “The delegation will be in Karbala for three days,” a local source told Aswat al-Iraq news agency on Wednesday. He noted that the delegation’s members expressed readiness to execute different investment projects in Karbala. ( Aswat Al Iraq )
Iran Exports 1.5 Million Litres of Fuel a Day to Iraq
Iran has agreed to ship 1.5 million liters of fuel to breathe life into some Iraqi power plants made idle due to fuel shortages. The agreement was struck during a visit by a high level Iraqi delegation to Tehran, a statement by the Ministry of Electricity said. The agreement comes as power outages have worsened […]
Russia's TNK-BP Creates JV to Tap Iraqi Oil and Gas
Russia's TNK-BP, half owned by BP, has establish a joint venture to develop oil and gas fields in Iraq, TNK-BP said on Wednesday. It said, it has signed an agreement with the Iraq Oil Company for Oil Investments (IOCOI) to establish the venture. "The two companies will consider joint acquisition of fields with commercial reserves […]
Tags: Oil & Gas