Work has begun on a drainage system project in Basra’s al-Qibla area at a total cost of 21 billion Iraqi dinars.
Author Archive | GavinJones
Iraq Stock Exchange Expects 50 Percent Boost from Securities Package
The Iraq Stock Exchange expects to boost business by 50 percent once new securities legislation is in place as new foreign investment i drawn in.
UAE-based Firm Rehabilitates Parts of Umm Qasr Port
Iraqi Ports Company has signed a contract with a U.A.E.-based firm to rehabilitate parts of Umm Qasr Port in Basra province, southern Iraq.
Chinese Plans for Bateera Airport
The local government is studying a project put forward by CNPC, Total and Petronas, which invest in al-Halfaya oil field, to turn al-Bateera military airport into a civil one,” the head of the investment commission in the Missan provincial council, Muhsin al-Bakhati said.
Russian Firm Discuss Investments
Iraqi Industry Ministry discussed investment opportunities with a delegation from the Russian firm Wontert Capital AG.
Tags: Investment, Russian
Chinese Firm Signs MoU to Conduct 3 Projects in Karbala
A Chinese company delegation has signed a memorandum of understanding (MoU) to carry out three housing and commercial projects in Karbala.
7 Locations Zoned for Investment Projects in Missan
The local authorities in Missan have zoned seven locations for the establishment of investment projects in the province.
French Delegation Discusses Investment in Basra
A French delegation has discussed investment opportunities during a meeting with the governor of Basra.
Tags: France, Investment
Total Charged with Graft in Iraqi Oil-for-food Programme
French oil giant Total said Tuesday it has been charged with corruption and influence-peddling relating to the United Nations' Iraqi oil-for-food programme of the 1990s.
Oil-for-food Probe into Total Revived
French judicial investigators have revived their eight-year inquiry into corruption linked to the United Nations oil-for-food programme in Iraq by placing Total under formal investigation for bribery in the affair.
BP Partners Net Iraq Oilfield Contracts Worth $500m
Three contractor groups were selected for drilling wells, worth a total of around $500 million and 2 two-year contracts, worth a total of around $100 million, have been awarded for the supply and installation of electrical submersible pumps and associated services.
Iraq to Obtain Rest of Oil-for-Food Funds by End of the Year, UN Official Says
As of the end of 2008, the fund had received nearly $180 billion - and now the Iraqi Government has a “realistic” plan to take full ownership by the end of this year of the fund a top United Nations budget official told the Security Council today.