Local wool has been exported to Iran through the Abu Falous Port in Basra province, the public relations and media director at the State Company for Iraqi Ports said on Sunday. “The Iranian ship Rahmat has landed at Abu Falous Port to transport Iraqi wool to Iran,” Anmar al-Safit told Aswat al-Iraq news agency. ( […]
The government has decided to build 1 million new housing units as part of its 2010-2014 development plan, government spokesman Ali al-Dabagh said. Dabagh said the government hoped the project will ease the current housing crisis when completed. He said flats will be sold to the public at affordable prices and in easy-to-pay installments. He […]
As part of its ongoing commitment to the development of the Iraqi economy, and its aim to advance the financial situation in Iraq, Asiacell, the largest private Iraqi company, has announced plans to change the currency it uses from US dollars (USD) to the Iraqi dinar (IQD). Asiacell’s decision to implement this currency switch is […]
Iraq’s Ministry of Agriculture has banned the import of potato seeds and called for people to rely on local products. Potatoes will be subject to examination by an an ad hoc ministerial committee, according to a Ministry release on Sunday. “The decision was taken after an important meeting held by the Under Secretary of Agriculture […]
Iraq’s Transport Minister said that the ministry is trying to accelerate the delivery of 55 new aircraft from Boeing as the country expands operations of its state-controlled Iraqi Airways.
A Kuwaiti project to drill an oil deposit shared with Iraq has sparked outrage in Iraq’s southern oil province of Basra.
Two contracts were signed on Wednesday with a local company to establish desalination plants in Umm Qasr and Khour al-Zubeir ports
Last week as many as 700 workers at the 150,000 barrel per day refinery 16 kilometers west of Basra held a three-hour strike.
“The cabinet decided to double the number of housing units to one million after 100 specialized foreign companies had expressed their willingness to invest in the (housing) sector,” Sami al-Araji told Aswat al-Iraq news agency.
Iraq’s Kurdistan region is ready to start exporting oil at a rate of 100,000 barrels per day as soon as a new Iraq government is formed, its Natural Resources Minister Ashti Hawrami said today.
Turkey strengthened its energy ties with Iraq by renewing a contract to import Iraqi oil to the Turkish Mediterranean Sea port of Ceyhan, where Azerbaijani oil also arrives via the Baku-Tbilisi-Ceyhan pipeline.
Iraq wants to form joint ventures with foreign investors to overhaul some 240 idle factories around the country