Italian oil company ENI plans to invest in Basra province in the fields of economy, science, and sport. Basra's Governor says the company dedicated about $ 5 Million to implement several projects to enhance relations with Basra and its citizens, he added that the company is ready for real investments in agriculture and cattle projects, […]
The following update on output at Iraq's oilfields comes from Early Warning, citing a report from UPI: Rumaila: Iraq's biggest field with the equivalent of 17.8 billion barrels of oil. That makes it the fourth largest oil field in the world. It contains around 15 percent of Iraq's oil. It is operated by BP and […]
A new satellite TV channel and a radio station will soon be launched, airing news in Kurdish. According to AKnews, the general director for the new outlets said most of the preliminaries are completed and the new service will air programs from early 2011. There are a number of governmental and party affiliated media outlets, […]
An International Fair was opened in the new Basra International Exhibition Centre in Maaqal in southern Iraq’s Basra Province, with the participation of 70 Iraqi and foreign companies, the Exhibition’s media source said on Sunday. Aswat al-Iraq reports that the Fair, called “WEBO 2010,” was opened with the attendance of Basra’s Governor, Ahmed al-Hassani and […]
Turkey's education minister, Niemat Jobokjo, expressed the desire to help develop Kurdistan's educational sector, he said during a visit to the province. The Turkish minister visited many schools in Erbil, praising educational levels there, and said she wants to develop exchange visits and joint workshops. She was accompanied by Turkish lawmakers and educational officials. (Source: […]
As we predicted in our report last week, Iraq's acting Electricity Minister, Hussain al-Shahristani, asked investors on Saturday to compete to build four new power plants to help the country meet it increasing electricity demands. According to Bloomberg, the Minister promised a healthy profit for the winners. At a meeting of 33 local and international […]
The following article was published on Saturday by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here in full with the author's permission. The opinions expressed are those of the author, and do not necessarily reflect the views […]
AKnews reportedon Saturday, that "Eash Bank" from Turkey claims to open two branches in Erbil and Baghdad in the coming three months. Iraq Business News believes it sthe bank to be İş Bankasi. According to Jihan News Agency, the Bank Director Arsean Awzanja said there is a possibility to open four branches in Iraq. Awzanja […]
Reuters, quoting 'senior officials', reports that Iraqi Prime Minister Nuri al-Maliki will unveil his new cabinet on Monday, retaining the oil minister who forged ambitious plans to turn the war-ravaged country into a top global oil producer. Oil Minister Hussain al-Shahristani, a Shi'ite and former nuclear scientist, will be a key member of the new […]
Iraq's Ministry of Electricity as issued a tender for the supply of medium voltage power cables. The closing date for receipt of bids is 22nd December. Please click here and here to download details.
The Iraqi Prime Minister, Nouri al-Maliki, allegedly told U.S. diplomats that oil giant Chevron has been in talks with Tehran about developing a cross-border oilfield with Iraq, according to a cable released by WikiLeaks. Dow Jones reports that the cable, sent by the U.S. Embassy in Baghdad, summarizes a conversation between the U.S. diplomats and […]
The international computer giant Microsoft opened its first training centre in Baghdad on Wednesday. The Iraqi Minister of Technology and Science, Ra’ed Fahmi, said the centre would contribute to developing Information Technology (IT) skills among the country’s workforce. During the opening ceremony held in Baghdad, the centre's director, Ahmed Iz al-Dein, said that the centre […]
