Passavant-Roediger Wins $23m Deal in Kerbala
By John Lee. Passavant-Roediger GmbH, a subsidiary of Dubai-based Drake & Scull, has won a contract to design and build a sludge treatment system for a wastewater plant in Kerbala. According to a report from Bloomberg, the contract is valued at about $23.4 million. Twelve sludge digesters will be installed, and the project will include […]
Recommendations from Iraq Finance 2012
Iraq Finance 2012: Welcomes the on-going reforms and restructuring of state-owned banks and turning them into independently capitalised corporations and urges a strong commitment to the operational independence of state-owned banks. Welcomes the removal of restrictions on government and government related entities in their dealings with private banks. Urges the reduction of delays in the […]
Weekly Security Update
By Gary Sandiford, Olive Group’s Dubai based assessments manager. Olive Group is a leading provider of security and technology solutions and has operated continuously in Iraq since 2003. Overview Olive Groups Iraq statistics are drawn from multiple sources, including media reporting and direct liaison with in country assets. Included within the statistics are a […]
Pentagon to Continue Funding Iraqi Training
By John Lee. Pentagon press secretary George Little has said that the US Department of Defense will be able to fund the training of Iraqi security forces for the next 90 days, even though Congress did not include money for the program in its temporary budget resolution. He confirmed that $1.7 million will be used […]
Iraq Increases Oil Sales and Discount to Jordan
By John Lee. Iraq is to increase export oil exports to Jordan from 10,000 barrels per day to 15,000 bpd at a discounted price, Jordanian Energy Minister Alaa Batayneh said. Following repeated requests by the kingdom, the two countries have agreed that Iraq will sell the additional 5,000 barrels a day at a discount of […]
Kobler Calls for Commitment to Peaceful Conflict Resolution
By John Lee. On the occasion of the International Day of Non-Violence, the Special Representative of the Secretary-General (SRSG) for Iraq, Mr. Martin Kobler (pictured), called on all Iraqis to commit to resolving differences solely through non-violent means. “I am deeply concerned by the increasing violence Iraq has witnessed recently,” Mr. Kobler said. “Official figures […]
Iraq Agro-Food 2012 Exhibition, 26-29 Nov, Erbil
Advertising Feature The 5th International Exhibition for Agriculture, Food, Food Processing and Packaging, Iraq Agro-Food 2012, is the ideal platform for the suppliers of Iraq’s main agricultural and nutritional needs. Organized by International Fairs & Promotions (IFP) Iraq, under the auspices of the Iraqi Ministry of Agriculture and the Ministry of Agriculture and Water Resources […]
Welcome to Iraq Energy Forum
Advertising Feature Iraq is looking forward to welcoming you at the Iraq Energy Forum (IEF) which will be held in Baghdad, at AL Rasheed Hotel on 12/12/2012. This is an initiative founded and hosted by Iraq Energy Institute (IEI), the official advisor to the Federal Parliament of Iraq on energy policies. Iraq Energy Forum is […]
Nigerian Billionaire Sets Sights On Iraq
By John Lee. Forbes reports that Nigeria’s richest man, Aliko Dangote, plans to expand his Dangote Cement Company into Iraq, among other countries. Dangote, whose worth is estimated at about $12.5 billion recently told the Financial Times that construction on a plant in Iraq could begin as early as next year. Dangote Cement, which is […]
Clinton Address to G-8 on Arab Countries in Transition
The following is the full text of the speech given by US Secretary of State Hillary Clinton to the G-8 on the subject of Arab Countries in Transition: Good morning. Let me start by thanking everyone for the contributions that you have already made to this partnership, and for your support of democracy in the […]
Iran to Export Gas to Iraq by mid-2013
By John Lee. Iran will provide Iraq with natural gas by the summer of 2013, according to Iranian news agency Fars. Javad Oji, the head of the National Iranian Gas Company, said Iran has completed more than 25 percent of a 48-inch pipeline that could carry up to 25 million cubic meters per day of […]
TBI Buys 2 Passenger Jets from Germany
By John Lee. The Trade Bank of Iraq (TBI) has announced that it is purchasing two Airbus passenger planes from Germany at the cost of $86 million. The Bank's Chairman, Mrs. Hamdiya al-Jaff, told NINA that the planes, each capable of carrying 200 passengers, were made in 2009 and have not been put into service since […]