The Board of Supreme Audit on Monday said it has released the final account of the Iraqi government for the year 2007 after all amendments had been made to it. “Amendment have been made to the remarks and notes with regards to budget revenues and an accumulated surplus of 52.6 trillion Iraqi dinars…,” according to […]
Author Archive | Antony
Gulf Keystone Placing Raises £16m
Gulf Keystone Petroleum on Monday raised £16m in a stopgap share placing to fund drilling costs in Iraq after the default of its partner in Iraq last week writes Miles Johnson in the Financial Times. Gulf Keystone said last week it would have to pay $40m to the Kurdistan government within three months after the […]
Tags: Oil & Gas
New Super-Port and Rail Link to Rival Suez Canal
Reuters reports that Iraq will next month invite foreign firms to submit bids for the planned construction of a $6 billion port south of Basra, which together with a new rail system will create a regional transport conduit to rival the Suez Canal. Iraq is also seeking investors to build 8,000 km (4,970 miles) of […]
Tags: Transportation
Consultants Sought for UNDP Project
UNDP Iraq is seeking the services of an experienced and reputable international consultant company to provide the required services for the development of an integrated water and sanitation master plan. The project will also include strengthening relevant human resources capacity in relevant fields (development and updating of the water and sanitation master plan). The documents […]
Tags: Public Works
Two Turkish Ships to Supply Basra with 250 Megawatts of Electricity
A Turkish barge for electricity generation is scheduled to arrive on Monday in the port of Basra, and will supply power to the national grid. The Minister of Electricity Karim Wahid said in an interview that the barge will be installed at the port of Umm Qasr, while a second barge will arrive on 15th […]
Tags: Basra News, Public Works
MOL Makes Discovery in Akri-Bijeel Block in Kurdistan
Hungarian oil and gas group MOL has made a discovery in Akri-Bijeel Block in Kurdistan Region of Iraq. The testing results are promising, it said in a statement on 10 March, Portfolio Hungary reported. According to the official announcement: “Gulf Keystone is pleased to announce that Kalegran Ltd., a 100% subsidiary of MOL Hungarian Oil […]
23 Centers to Combat Illiteracy in Karbala
Twenty-three centers have been opened in Karbala to combat illiteracy, the province’s governor said on Sunday. “This has been done in cooperation with the education department in Karbala”, Eng. Amal al-Din al-Hir told Aswat al-Iraq news agency. A total of 600 people, including 200 women, aged between 15 and 55 years, will enroll at those […]
Minister Calls on Dutch Companies to Invest in Iraq
The Minister for Transport Amer Abdul-Jabbar Ismail received the Dutch ambassador to Iraq, Peter van Levin, on Sunday. During the meeting, the two reviewed ways of developing cooperation between the two countries. According to a statement issued by the Ministry of Transport, the Minister called for Dutch companies to invest in the transport sector in […]
Tags: Transportation
Water Resources Ministry Begins Reclamation Works in Anbar
The Iraqi Ministry of Water Resources on Sunday said it has begun reclamation works along the Euphrates River in Anbar. “Technical teams and engineers from the State Authority for Irrigation and Reclamation Projects are currently doing reclamation works on a total area of 103,000 donums along the Euphrates River,” read the statement that was received […]
Basra - Lowest Unemployment Iraq
A discussion loop in Basra on Sunday showed that the province has the lowest unemployment rate throughout Iraq. “Unemployment is among the biggest challenges that face Iraqi economy,” a source insider to the loop told Aswat al-Iraq news agency. She said that unemployment negatively affects economic and social circumstances in Iraq. (Aswat Al Iraq)
Press conference on Agriculture
The Bureau of Information, Ministry of Agriculture press conference on the agricultural will be held from 14 to 21 April, with the participation of the Ministries of Agriculture, Water Resources, Iraq Exhibitions Company, a group of businessmen and Arab and foreign companies..
Tags: Agriculture
German Envoy Meets Businessmen in Basra
The German ambassador in Iraq has arrived in Basra province and met with a number of local businessmen, the head of the Businessmen Union in the province said on Saturday. “Accompanied by some of his advisors, the German ambassador, Paul von Maltzahn, arrived on Saturday in Basra and met with a number of businessmen and […]
Tags: Basra News, Industry & Trade