The Najaf Investment Commission has approved nine new investment projects at a total cost of $38 million (more than 45 billion dinars), raising the number of investment projects in the province to 65, head of the commission said on Wednesday. “The NIC gave nine new investment licenses in the health, entertainment, commercial and educational fields […]
Author Archive | adrianshaw
Tags: Investment
$100bn in Investment Permits in Baghdad
Eighty investment permits have been granted to execute projects in Baghdad at a total cost of more than $100 billion. “The permits were granted in coordination between the Baghdad Mayoralty, Baghdad Investment Commission, and the National Investment Commission,” the Baghdad mayoralty said in a press release on Monday, as received by Aswat al-Iraq news agency. […]
Tags: Investment
Indonesia, Iraq Agree to Remove Trade Barriers
Indonesia and Iraq have agreed to eliminate trade barriers and provide incentives to increase bilateral trade volumes, which suffered a sharp decline last year. During a meeting in Jakarta last week, the two countries’ senior trade officials agreed to establish a task force in the next three months to identify barriers in bilateral trade and […]
Tags: Industry & Trade
Plan to Invest Oil Revenues in Dhi-Qar
The Dhi-Qar council will prepare a plan to invest the oil revenues in the province, a member of the council’s economic committee said on Monday. “A committee has been formed by the Dhi-Qar council and the province’s oilfields authority to invest the one billion dinars oil revenues,” Mona al-Safi told Aswat al-Iraq news agency. “The […]
World Food Discusses Programs in Basra
A representative of Basra’s governor on Monday discussed with representatives of the World Food Program methods to activate feeding students, as well as ration cards in the province. “The meeting also discussed importing technical support and technologies to Basra,” a provincial media source told Aswat al-Iraq news agency. He noted that the meeting also discussed […]
Tags: Basra News, Industry & Trade
CBI Suspends Session Due to Armed Attack
The Central Bank of Iraq (CBI) decided to suspend its dollar sales on Monday and will resume its sessions on Tuesday after a recent armed attack, a media source said. On Sunday (June 13), the spokesman for the Baghdad Operations Command (BOC) Maj. General Qassem Atta said fifteen civilians and three terrorists were killed in […]
2 New Projects in Basra
The Basra Investment Commission announced on Monday that two projects in the province are up for bidding. “The first project is for a fishermen’s harbor in the al-Faw suburb,” a source from the commission told Aswat al-Iraq news agency. “The second project is for a factory to produce chemicals in the Abu al-Khaseeb suburb,” the […]
Tags: Telecoms/Comms
Iran MP Warns on Slow Development of Joint Oil Fields
Majlis Energy Committee Chairman Hamid-Reza Katouzian has warned about the sluggish pace of the development of Iran’s joint oil fields with Iraq and other Persian Gulf states. Katouzian blamed inadequate investment, wrong policies, and improper decisions in Iran’s oil sector for the slow progress in the oil sector. “Unfortunately, sometimes decisions that are made without […]
Kurdistan Should Resume Oil Exports, Minister Says
The Kurdish areas of northern Iraq should resume oil exports “immediately,” without waiting for clearance from the finance ministry, Iraqi Oil Minister Hussain Al-Shahristani said. Kurdistan should not wait for an agreement on payments to foreign companies before resuming oil exports, he said in an interview in Baghdad today. “We have informed them that they […]
Water Resources Ministry Reclaims 3,500 Hectares in Karbala
The water resources ministry has finalized the reclamation of 14,000 donums [3,500 hectares] in al-Husseiniya area in Karbala province, at a total cost of 11.363 billion Iraqi dinars [$10m], according to a ministry press release. “Technicians and engineers of the ministry’s general organization for irrigation and reclamation projects finalized works of contract 23 of the […]
Tags: Public Works
Former Army General Wounded in Mosul
A general of the former Iraqi army was wounded when he came under fire in western Mosul city. “The incident occurred late yesterday night in the Tammuz-17 neighborhood in western Mosul,” a local police source told Aswat al-Iraq news agency on Sunday. The source explained that the officer’s house is in this area, and that […]
Tags: Agriculture
Mosul Dam Repairs to be Completed by Germans
Atheel Al-Nejaifi, legal eng., Nineveh governor has met German company representatives from "Power", which is under contract to repair the Mosul dam. The company will construct a concrete core in the dam deep beneath the dam’s foundations. Work will start soon once discussions with the water resources ministry are completed. ( Eye media company )
Tags: Public Works