The Iraqi Stock Exchange (ISX) index went up slightly by 0.13% to close at 94.7 points as trading took place on Monday over 37 firms’ 2.526 billion shares worth 3.496 billion Iraqi dinars ($2,9 million) through 231 deals. Non-Iraqi investors obtained four purchase deal at 1.899 billion dinars in the banking sector and 2 deals […]
Author Archive | adrianshaw
2 Plastic Injection Machines for Salah Al-Deen State Company .
Salah Al-Deen state company, one of the industry and materials ministry companies disclosed the arrival of two plastic injection machines in April to manufacture plastic cans for the Samara medicine factory. The acting company manager, Hamood, said that a technical committee is checking two big injection machines, to confirm that they meet specifications. Hopefully, the […]
Finance Minister Urges Investment in Missan
Finance Minister Baqer al-Zubaidi on Monday gave orders to facilitate investments in Missan, according to a ministerial statement. “The minister received the Chairman of the Missan Council, Abdulhussein Abdulreda al-Saadi, with whom he discussed the most important service projects,” said the statement received by Aswat al-Iraq news agency. He urged provinces to play a role […]
CBI Dollar Sales Up to $156m
The Central Bank of Iraq’s (CBI) dollar sales went up to reach $156.425 million in its daily auction on Monday, compared to $127.650 in the previous session. “The demand hit $5.400 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $151.025 million in foreign transfers outside the country, covered […]
Turkish Firms Discuss Strategic Projects in Karbala
Turkish firms met with the local government in Karbala to discuss setting up strategic projects in the holy city, according to the deputy chief of the provincial council on Sunday. “The Karbala provincial council received a delegation representing a consortium of Turkish companies and discussed ways to establish projects in the city,” Nassif Jassem al-Khatabi […]
Tags: Industry & Trade
KRG and Germany Inaugurate First Lufthansa Flights to Erbil
Iraqi and Kurdistan Region Ministers, diplomatic officials and the business community gathered on Tuesday to inaugurate Lufthansa’s first flights to Erbil International Airport, in the capital of the Kurdistan Region. Kurdistan Regional Government (KRG) Interior Minister Karim Sinjari and Iraq’s Deputy Prime Minister Dr Roj Shawis and Erbil’s diplomatic community participated in the ceremony. In […]
Tags: Aircraft, Transportation
Value of Iran’s Exports to Iraq Likely to Exceed $8 Billion
The value of Iranian exports to Iraq is expected to exceed $8 billion this year, Iranian embassy’s commercial attaché in Baghdad said. Ali al-Haydari said Tehran’s trade and commercial links with Baghdad boomed shortly after the overthrow of the former regime by the U.S. in 2003. The exchange of trade was a trickle under former […]
More Delays to Election Re-Count
According to a report by BBC this morning, Iraqi election officials said that a recount of the Baghdad ballots from the parliamentary vote on 7 March could take another three weeks. This comes as Nouri al-Maliki, who is disputing the results, has harshly criticized calls for international involvement in setting up a new government, according […]
Tags: Election
Germany Opens Economic Office in Sulaymaniyah Next Month
Germany's consul in Iraq's Kurdistan region, Oliver Schnackenberg, announced that a German economic office will be opened in Sulaimaniya next month. The Governor of Sulaimaniya, Behrouz Mohamed Saleh, discussed the plan, and its role to support and promote business between Germany and the region, during his meeting with Schnackenberg. He also requested that the German […]
Tags: Industry & Trade
Finance Minister Urges Ambassadors to Attract Investments to Iraq
Finance Minister Baqer al-Zubaidi urged Iraqi ambassadors to Egypt, South Korea and Belarus to attract investments to Iraq, mainly in housing and energy sectors, according to a ministerial statement on Wednesday. “This came during his meetings with ambassadors to Egypt, Nezar al-Khierallah, South Korea, Ismail Shafiq, and to Belarus, Haidar Masour. He urged them to […]
Project to Line Dyke in N Karbala
Local authorities in Karbala started on Wednesday a project to line a dyke north of the city at a cost of 4 billion Iraqi dinars, according to Karbala governor. “The authorities started today a project to line al-Wand dyke in al-Wand,” Engineer Amal al-Din al-Herr told Aswat al-Iraq news agency. “The project will be implemented […]
Tags: dyke, Public Works
Water Ministry Signs 63 Contracts
The Iraqi Water Resources Ministry signed 63 contracts within the first quarter of 2010. “The contracts total ID175.292 billion,” the Ministry said in a release on Wednesday received by Aswat al-Iraq news agency. It explained that the funds come from the Ministry’s investment plan and the Iraqi government’s agricultural initiative. ( Aswat Al Iraq )
Tags: Public Works, Water Ministry