A source in Al Hindia region media in Karbala province said that a Chinese company delegation concluded its visit to the city after agreeing 3 projects The Chinese signed a memorandum of understanding with Iraq and defined sites to establish a housing projects, a shopping mall and an oil factory. The majority of the projects […]
Author Archive | adrianshaw
Kurdistan Investment Board to Set up Iron Factory
The Kurdistan Investment Board is currently deciding on a location for the largest iron factory in Kurdistan, which will be built at a cost of $130 million by a French company. The plans are at an early stage, according to Hersh Muharram, chairman of the investment board, and the plant will be built in cooperation […]
Minister Opens Al-Rasheed, Al-Dibs Gas Stations
Kareem Waheed, minister of Electricity has inaugurated the reopening of Al-Rasheed, Al-Dibs gas stations which will supply about 65 mega watts of power to Kerkok province. A statement showed that these two stations were working in the 80's and had stopped. Today, their production is 31 mega watts. The project will be managed by an […]
Tags: gas, Public Works
Livestock Increases 150%- Ministry
The Iraqi Ministry of Agriculture said that 2008 statistics have revealed a 150% increase in the number of the country’s animals compared to 2001. This came during a conference organized by the ministry in cooperation with the Ministry of Planning and attended by Aswat al-Iraq news agency. “The number of livestock increased by 150% in […]
Tags: Agriculture
Industry Ministry to Invest in Nassir Company
The Iraqi Industry Ministry will invest in the state-run Nassir Company over the coming five years. “The necessary funds for this purpose have been allocated,” the Ministry said in a release on Wednesday received by Aswat al-Iraq news agency. It noted that the funds will be used to rehabilitate the company’s water treatment units and […]
Iraq to Receive Rest of Oil-for-Food Funds by Year End
The Iraqi Government has a “realistic” plan to take full ownership of a fund administering proceeds from export sales of petroleum under the Oil-for-Food Programme by the end of this year, a top United Nations official said on Tuesday. “Once all the outstanding activities under the Oil-For-Food Programme are concluded, and taking into account issues […]
Parts of Habaniya Airbase to go Civil
Semi final agreements have been reached to change parts of the Habaniya Airbase in al-Anbar province into a civil airport. "The process is part of the al-Anbar investment plan," Mizhir Hassan, head of the al-Anbar Investment Commission, told Aswat al-Iraq news agency on Monday. He said that a civil airport in al-Anbar will contribute to […]
Tags: Airbase, Transportation
ISX up Tuesday
The Iraqi Stock Exchange (ISX) index went up by 2.3% to close at 93.3 points on Tuesday . Shares of 10 companies went up, 14 down while 9 others retained their previous rates. The number of shares traded hit 1.3 billion worth 2 billion Iraqi dinars (roughly 1.7 million U.S. dollars) through 227 deals. The […]
New Medical Factory in Mosul
A new factory for producing medical cotton and gauze has opened in Mosul city. "The total cost of the project is around $2.5 million," a source from the factory told Aswat al-Iraq news agency. He said that the factory's capacity is 0.5 tons per day. The source noted that the Iraqi Ministry of Industry funded […]
ID200b for Baghdad Roads
Baghdad Mayoralty has allocated ID200 billion to pave roads in the Iraqi capital in 2010. “Work will be executed through 13 contracts,” the mayoralty’s media office said in a release on Tuesday received by Aswat al-Iraq news agency. He noted that five million square meters will be paved this year in Baghdad. ( Aswat Al […]
Christian Radio On Air
People in the southern Iraqi city of Basra are now able to listen to the province's first Christian radio station, RFE/RL's Radio Free Iraq (RFI) reports. The Voice of the New Testament broadcasts mostly religious hymns and Bible readings from the station's office in Basra's National Evangelical Church. Saad Matti Petros, the head of the […]
Tags: Radio, Telecoms/Comms
Iraq Lobbies for Cut in War Reparations
Iraq is seeking to reduce the amount of annual oil revenue it sets aside for war reparations, primarily to Kuwait, by 80 percent, the Iraqi ambassador to the United Nations told Reuters on Tuesday. Nearly 20 years after Iraq, then under the rule of Saddam Hussein, invaded its oil-producing neighbor, Baghdad is pressing the U.N. […]