D1b to Clean Baaquba

More than ID1 billion has been allocated to carry out cleaning campaigns in Baaquba city. “The exact allocated amount is ID1.125 billion,” a local source told Aswat al-Iraq news agency. He noted that the campaigns will last for one year, and will be carried out by 350 workers. Baaquba, the capital city of Diala province, […]

CBI Dollar Sales Down to $110m

The Central Bank of Iraq (CBI) dollar sales went down to reach $110.862 million in its daily auction Wednesday, compared to $121.220 million in the previous session. “The demand hit $1.970 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $108.892 million in foreign transfers outside the country, covered […]

AAIB Appoints New Divisional Director

Leading High Risk Insurance Specialist Opens Second Iraq Office AAIB Insurance Brokers, the leading Iraq insurance provider, has appointed Mr Michael Carr FCII as the Divisional Director of its Iraqi registered company Al Fajer Insurance and Reinsurance Brokers.  He will be based at AAIB’s latest office to open in Iraq, located in the southern city […]

Austrian Companies Explore Opportunities in Kurdistan

Eighteen Austrian companies participated in a trade mission to the Kurdistan Region, touring Erbil, Suleimaniah and Dohuk governorates, to explore commercial opportunities in a variety of sectors. The Austrian Commercial Office in Erbil hosted a banquet, attended by several Kurdistan Regional Government officials, to mark the successful visit. Dr Richard Schenz, Vice President of the […]

Chinese Company Considering Projects in Basra

A Chinese company discussed on Wednesday with the Basra Investment Commission (BIC) implementing projects in electricity, agriculture and transport sectors, head of the BIC said. “The projects include the establishment of a power plant with a production capacity of 600 MW to use it in the oil projects, which are being implemented by foreign companies […]

Custom Building in Mosul Renewed

Engineering in Nineveh Province finished today on the renovated customs Directorate building in Mosul in the Northern Region at a cost of 200 million dinars. The supervising engineer Ahmad Al Tai said that the engineering team started rehabilitating the main building in the first phase. Afterward it set an outdoor fence in a way that […]

$6 Million Residential Project in Baghdad

The Baghdad Investment Commission on Tuesday approved a residential project in the capital at a cost of $6 million, according to the head of the commission. “The commission’s board agreed to give an investment license to establish a residential project in Haifa street in Baghdad,” Shaker al-Zameli said in a statement received by Aswat al-Iraq […]

4 Projects in Amara at ID4b

Four projects for sidewalks in the city of Amara were finalized at more than 4 billion Iraqi dinars (ID) as part of the Provincial Development Budget (PDB) appropriations, according to the Amara municipality chief on Tuesday. “A consortium of local firms finalized the project of Abu Rimmana sidewalks at 1.481 billion dinars and the al-Oufiya […]

Call for Cabinet to Contribute in Al Faw Grand Port

The General Company for Iraq Ports has called on the government to contribute to Al Faw Grand Port which is expected to be implemented by foreign companies and to  guarantee that these companies will not control the port. The Company Chairman Salah Khaddir said that such a step would ensure the future by imposing sovereignty […]