Army Corps of Engineers Continues Construction in Iraq
By Joan Kibler, U.S. Army Corps of Engineers, Middle East District. Though its construction program is a fraction of what it once was in Iraq, the U.S. Army Corps of Engineers continues to manage $350 million in projects there to help build facilities for the sovereign nation. In seven years starting in 2004, the U.S. […]
EU Foreign Ministers Impressed by Progress in Kurdistan
The foreign ministers of Sweden, Poland and Bulgaria yesterday arrived together in the Kurdistan Region where they met President Masoud Barzani and Prime Minister Nechirvan Barzani to discuss ways to strengthen cooperation and to talk about the latest political developments in Iraq and the ongoing crisis in Syria. President Barzani welcomed the three foreign ministers, […]
Grand Opening of Strategic Studies Center
Iraq celebrated the grand opening of the new Al-Nahrain Center for Strategic Studies during a ribbon-cutting ceremony on June 17, 2012 in Baghdad. The center was sponsored by the U.S. Embassy in Baghdad, in coordination with the Government of Iraq, as set out by the Strategic Framework Agreement. The June 17 opening ceremony launched a […]
Maliki Attempts Pre-Emptive Action Against Nujayfi
The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]
Al-Kindi Conference on Construction and Housing in Iraq
We would like to update you of Al-Kindi’s intentions to hold a conference on the construction and housing sector in Iraq. This is planned to be held on 7th of July 2012 in Central London. Iraq needs over 3 million housing units, modern highways, bridges and basic infrastructure. The budget for the ministry of Construction […]
بيان صحفي صادر عن مكتب نائب رئيس الوزراء الدكتور روژ نوري شاويس
عقدت لجنة الشؤون الاقتصادية جلستها الثامنة عشر بتاريخ 25/6/2012 برئاسة دولة نائب رئيس الوزراء الدكتور روژ نوري شاويس رئيس اللجنة الاقتصادية وحضرها كل من وزراء (المالية ، النفط ، التخطيط ، التجارة ، الزراعة) ورئيس هيئة الاستثمار ومحافظ البنك المركزي العراقي والمستشار القانوني لدولة رئيس الوزراء ومعاون الامين العام لمجلس الوزراء للشؤون الادارية والمالية […]
MOT Issues a Wheat Tender
General Contracts Department / MOT announce the tender of purchasing the quantity of 50 000 MT+/-5% in minimum of wheat from all origins according to the specifications adopted by grain board of Iraq and the final quantity will be specified by the buyer. So for all bidders who are willing to participate in this tender , please […]
Call for More Attractive Terms for Iraqi Exploration Licences
Lord Howell of Guildford, UK Minister of State for the Foreign and Commonwealth Office, speaking at CWC‘s Iraq Petroleum 2012 conference in London, said the terms of offer for the next round of energy licences must be considerably better than those for the fourth round which concluded at the end of May. "The results of […]
Iraqi Kurdistan Oil Output Capacity to Soar
The KRG's oil minister, Ashti Hawrami, told CWC‘s Iraq Petroleum 2012 conference in London that crude oil production capacity in the Kurdistan region is 300,000 barrels a day, and is expected to hit 400,000 barrels a day by the end of next year. Production capacity is expected to increase further to 1 million barrels a […]
Giant Tank Farm Needed in Southern Iraq
A leading Iraqi energy adviser says the country may need to invest in as many as 120 crude oil tanks, each with a capacity of half a million barrels. Speaking at CWC‘s Iraq Petroleum 2012 conference in London, Dr Mussab al Dujayli, a former Director General of Iraq's State Oil Marketing Organization (SOMO), said that […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st June 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,300 / $1.418, (+0.7%) (weekly change). The number of week traded shares was 44.4bn and the weekly trading volume was ID41.1bn ($34.5mn). ISX Company […]
Kurdistan to Build $5.9m Dam in Sulaimaniya
KRG's Ministry of Agriculture and Water Resources has signed a contract to build a dam in the Qaradakh parish of Sulaimaniya, reports AKnews. The Chami Smora project will cost 6.96 billion IQD (approx. $5.9 million), and the companies Birkar and Zhina Gharib have undertaken to complete it within 820 days. The dam will be 20 meters […]