A United Nations commission has paid 590 million dollars to nine successful claimants in connection with Iraq's 1990 invasion of Kuwait.
The Iraqi government is in talks to buy Hawk trainer jets from the UK in a deal that could be worth up to £1bn and would be a boost for BAE Systems
French shipping giant CMA CGM has confirmed that it will open its newly renovated deep water quay in Umm Qasr port
Minister of Water Resources, Abdulatief Jamal Rashied, signed on Thursday implementing strategic study of Iraq’s water and lands resources contract with Italian SGI and MED companies at a cost of $35.8 million
KBR Inc, a U.S. engineering company, reported a 40 percent drop in quarterly profit on Thursday as its work in Iraq wound down and spending by many of its energy industry clients remained subdued.
Iraqi and Kurdistan Region Ministers, diplomatic officials and the business community gathered on Tuesday to inaugurate Lufthansa’s first flights to Erbil International Airport, in the capital of the Kurdistan Region. Kurdistan Regional Government (KRG) Interior Minister Karim Sinjari and Iraq’s Deputy Prime Minister Dr Roj Shawis and Erbil’s diplomatic community participated in the ceremony. In […]
The value of Iranian exports to Iraq is expected to exceed $8 billion this year, Iranian embassy’s commercial attaché in Baghdad said. Ali al-Haydari said Tehran’s trade and commercial links with Baghdad boomed shortly after the overthrow of the former regime by the U.S. in 2003. The exchange of trade was a trickle under former […]
Al-Dabbagh noted that "French companies have had a clear role in developing the economic and investment reality during the last period followed by the United States, Iran, and Britain, especially with regard to housing, construction projects and commercial goods.
'Two or three years down the road, if they don't have a satisfactory judicial, fiscal and political atmosphere, they will hesitate before they go into the very large spending that will be required for the new development,'
Schlumberger Ltd., Halliburton Co. and Baker Hughes Inc. are among companies this past week that said they’re expanding operations in Iraq. Weatherford International Ltd., the fourth- largest oilfield-services provider by market value, will expand staff in Iraq to more than 1,000 by July, Chief Executive Officer Bernard Duroc-Danner told investors yesterday
The outgoing Iraqi government announced Sunday that it was seeking to link Iraq with the neighboring countries and further with European countries by a railway system.
"Iraq needs the financial expertise of the United States to reform its economic system that suffers a lot of insecurity, and one of the main reasons for the delayed evolution of the economic system is the legislation and the old laws which do not fit with the evolution of the financial situation in the country."