The Chairman of future projects coordination in Karbala province, Hani al-Yasari, has confirmed that the Turkish Universal Acarsan Co. has completed the first stage of the modern hospital project in al-Herr district the province. He told NMC that the seven-floor hospital, to be built over 65 acres in 33 months, includes 492 beds initially, expanding […]
The Central Bank of Iraq (CBI) said on Friday that the performance of private banks is better than the performance of state-owned banks, indicating that the lack of restrictions and bureaucracy in private banks gave them a competitive advantage. Muzher Mouhammed Saleh, the chancellor of the CBI, told AKnews: "The future in Iraq will be […]
The International Monetary Fund (IMF) has cited Iraq’s monetary policy as the reason for turning down an Iraqi request for a loan package to reduce its 2011 budget deficit, an advisor to the Iraqi government said on Sunday. AKnews reports that despite the IMF’s rejection, talks between Iraq and the fund continue. “The IMF… is […]
The media secretary at the Kurdistan Regional Government's Ministry for Tourism said on Saturday that nearly 37,000 tourists visited Kurdistan during Eid al-Adha. Kan'an Baha'addin told AKnews during the four days of the Eid 15,000 tourists visited Erbil province, 13,000 Dohuk, and 8,500 Sulaimaniya. Eid al-Adha is an Islamic celebration that takes place at the […]
Iraq's State Foodstuff Company (SFSC) has issued an international tender to purchase: 30,000 tonnes of sunflower oil 2-3,000 tonnes of baby milk powder, and 30,000 tonnes of vegetable ghee. Full details can be downloaded below: vegetable-ghee_14.11.2010.5 english vegetable-ghee_14.11.2010.6 arabic sunflower-oil_14.11.2010.3 english sunflower-oil_14.11.2010.4 arabic milkpowder_14.11.2010.1 english milkpowder_14.11.2010.2 arabic
Aiming at helping the regional government of Kurdistan to develop its technological sector, a leading delegation from the Microsoft Corporation made its first visit to the capital Erbil on Sunday. The visit was made possible by an invitation by the two-year old Department of Technology of the Kurdistan Regional Government (KRG) that has set a […]
United States Forces-Iraq provided a forum for members of Iraq’s intelligence community to network across ministries in an effort to assess and promote processes leading to developing a more financially-secure and self-sustaining nation as U.S. Forces continue to draw down. The Intelligence Officer Financial Manager Conference was conducted at the Babylon Conference center here Nov. […]
WesternZagros Resources Ltd. (TSX VENTURE:WZR) has announced its results for the period ended September 30, 2010. On October 14, 2010, the Company safely and successfully completed well control operations at the Kurdamir-1 well, which is WesternZagros' second exploration well in the Kurdistan Region of Iraq ("Kurdistan"). The open hole in the well has been plugged […]
Iraq has received the last two in an order of eight Russian-made multi-purpose helicopters which cost 156 million dollars, the US army has said. The purchase is Iraq’s latest effort to bolster the capacity of its armed forces ahead of a complete withdrawal of US forces by the end of next year, as the US […]
Kuwait and Iraq have reached an initial agreement on sharing border oilfields, Kuwaiti Oil Minister Sheikh Ahmad al-Abdullah al-Sabah said on Wednesday, according to a report from Reuters. 'They [the two countries] have agreed in principle. We have signed it from Kuwait's side. They [Iraq] will be signing it maybe this week or next week,' […]
DNO International ASA, the first foreign company to pump oil in Iraq since the 1970s, has raised 360 million Norwegian kroner ($60 million) to fund exploration drilling and license acquisitions. DNO sold 45 million shares at 8 kroner each, a 5.8 percent discount from the previous closing price. The offering was oversubscribed, the company said. […]
Iraq is among the countries reportedly boycotting the Nobel Peace Prize ceremony in Oslo. A Nobel official said that China has been putting unprecedented pressure on a number of countries to stay away from the prize-giving ceremony. This year's prize has been won by Liu Xiaobo, who is currently serving an 11-year prison sentence for […]
