The British Council has award £460,000 to the Basrah Museum project. This project sees the completion of three remaining galleries in the newly opened museum. The old Basrah Museum was looted in the 1st and 2nd Gulf Wars and was closed in 2003. The new museum is housed in one of Saddam Hussein's former palaces. The […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 15th Dec 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ936 (+0.7%) / $920 (-0.1%) (weekly change) (-14.2% and -19.7% YTD change, respectively). The number of week traded […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Saturday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and fighter aircraft […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 34 banks and 15 remittance companies took part in its currency auction on Sunday. A total of $162,846,709 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
In teleconference remarks from Baghdad on Wednesday, the commander of Combined Joint Task Force - Operation Inherent Resolve reported progress and success in the U.S.-coalition forces’ campaign to bring lasting defeat to the Islamic State of Iraq and the Levant. Army Lt. Gen. Stephen J. Townsend described a decidedly different situation in Iraq and Syria […]
By John Lee. Pakistan’s Lucky Cement has announced plans to increase capacity at its grinding unit in Iraq. In a statement to the stock market, the company said that together with its Joint Venture partner, it will to increase its existing cement grinding capacity from 0.871 million tons to 1.742 million tons per annum. This expansion […]
By Dr. Layth Mahdi. Prior to the 2003 Iraq had adopted an agricultural policy based on the financial, administrative, technical and technological support from the government for the development of the agricultural and industrial sectors. This policy led to the domestic production to provide 75% of the food requirement and a GDP contribution of 7.5%. […]
By John Lee. Italy's Italdraghe SpA has delivered a SGT 400 cutter suction dredger, similar to the one pictured, to the Iraqi Ministry of Water Resources. According to a report from Dredging News Online, it is the first of a series of three that the company is supplying to this particular client. (Source: Dredging News […]
Their Cause Burns in Our Hearts: The Children of Iraq We invite you to join us in a cause that burns in our hearts: the orphans and vulnerable children in Iraq, a place UNICEF calls, "one of the most dangerous places in the world for children." Give the gift of loving intervention in their young lives through access […]
The Islamic State of Iraq and the Levant is failing, and the campaign to defeat the terror group in Iraq and Syria is on track, Defense Secretary Ash Carter and U.K. Defense Secretary Michael Fallon said in London today. The Islamic State of Iraq and the Levant is failing, and the campaign to defeat the […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack and fighter aircraft conducted five […]
Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). The one-year contract, with a one-year option, was awarded following a competitive tender and Petrofac, as the incumbent, plans to build on its four-year track record of safe and successful delivery on behalf […]
