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.
Iraqi Industry Ministry discussed investment opportunities with a delegation from the Russian firm Wontert Capital AG.
A Chinese company delegation has signed a memorandum of understanding (MoU) to carry out three housing and commercial projects in Karbala.
The local authorities in Missan have zoned seven locations for the establishment of investment projects in the province.
A French delegation has discussed investment opportunities during a meeting with the governor of Basra.
Semi final agreements have been reached to change parts of the Habaniya Airbase in al-Anbar province into a civil airport. "The process is part of the al-Anbar investment plan," Mizhir Hassan, head of the al-Anbar Investment Commission, told Aswat al-Iraq news agency on Monday. He said that a civil airport in al-Anbar will contribute to […]
The Iraqi Stock Exchange (ISX) index went up by 2.3% to close at 93.3 points on Tuesday . Shares of 10 companies went up, 14 down while 9 others retained their previous rates. The number of shares traded hit 1.3 billion worth 2 billion Iraqi dinars (roughly 1.7 million U.S. dollars) through 227 deals. The […]
A new factory for producing medical cotton and gauze has opened in Mosul city. "The total cost of the project is around $2.5 million," a source from the factory told Aswat al-Iraq news agency. He said that the factory's capacity is 0.5 tons per day. The source noted that the Iraqi Ministry of Industry funded […]
Baghdad Mayoralty has allocated ID200 billion to pave roads in the Iraqi capital in 2010. “Work will be executed through 13 contracts,” the mayoralty’s media office said in a release on Tuesday received by Aswat al-Iraq news agency. He noted that five million square meters will be paved this year in Baghdad. ( Aswat Al […]
People in the southern Iraqi city of Basra are now able to listen to the province's first Christian radio station, RFE/RL's Radio Free Iraq (RFI) reports. The Voice of the New Testament broadcasts mostly religious hymns and Bible readings from the station's office in Basra's National Evangelical Church. Saad Matti Petros, the head of the […]
Iraq is seeking to reduce the amount of annual oil revenue it sets aside for war reparations, primarily to Kuwait, by 80 percent, the Iraqi ambassador to the United Nations told Reuters on Tuesday. Nearly 20 years after Iraq, then under the rule of Saddam Hussein, invaded its oil-producing neighbor, Baghdad is pressing the U.N. […]
The UN on Tuesday expressed satisfaction that the Iraqi Government is willing to continue to pay five percent of its oil revenues into the Compensation Fund whether under the present mechanism or a successor mechanism to the Development for Iraq (DFI) whose mandate expires in December of this year. "It is important to ensure that […]