Supply of Rotary Tiller to the Iraqi Ministry of Agriculture
1. Publication refereuce MOA - Italian Loan- Contract No.MT/B/20111(50) Rotary Tiller. 2. Procedure Restricted to Italian Legal Persons 3. Programme Soft Loan for agriculture and irrigation sector in Iraq 4. Financing Ministry of Foreign Affairs of the Republic of Italy - DOCS 5. Contracting authority Iraqi Ministry of Agriculture I State Company for Agricultural Supplies. […]
Supply Contract Forecast - Supply of Submersible Pumps to the Iraqi Ministry of Agriculture
1. Publication reference MOA - Italian Loan- Contract No.MTI 1/1112011 (120) Agricultural Submersible Pumps. 2. Procedure Restricted to Italian Legal Persons 3. Programme Soft Loan for agriculture and irrigation sector in Iraq 4. Financing Ministry of Foreign Affairs of the Republic of Italy - DGCS 5. Contracting anthority Iraqi Ministry of Agriculture I State Company […]
Rumours of Genel Energy Purchase in Chia Surkh
The Sunday Times reports that Genel Energy Plc will announce a deal this week to buy a 40 percent share in Longford Energy's Chia Surkh oil field in northern Iraq. According to the report, the deal would be worth $70 million, and Genel, run by the former CEO of BP, Tony Hayward, declined to comment. […]
SOMO Signs Deal to Buy 1.5m Tonnes of Fuel
Iraq's State Oil Marketing Organisation (SOMO) has signed a deal to buy nearly 1.5 million tonnes of gasoil and petrol for delivery over the first half of the year, according to Gulf News. Gasoil It is set to purchase two cargoes of 16,000 tonnes each of 0.1 per cent sulphur gasoil every month from Vitol […]
$2bn Allocated to Affordable Housing Project
The Ministry of Construction and Housing announced on Thursday that it has begun an affordable housing project which has an allocation of $2 billion (2,300 billion IQD) from the 2012 budget. Istabrak al-Shawq [Istabraq Al-Shouk] (pictured), the Under Secretary of the Ministry, told AKnews that the project will be completed within four years and three […]
Hill International to Manage Construction of Anbar Stadium
Hill International (NYSE:HIL), the global leader in managing construction risk, has announced that it has been awarded a contract by the Iraqi Ministry of Youth and Sports to provide project management services in connection with construction of the new Al Anbar Olympic Stadium in Al Anbar, Iraq. The two-year contract has an estimated value to […]
Iranian Company to Repair Iraqi Trains
AKnews reports that Iraq's Transport Ministry has officially agreed to award the contract for refurbishing 50 Iraqi trains to the Iranian Wadi al-Bar Company. A spokesman for Iraq's railways told the agency that the company will repair the trains and carry out maintenance at the rail depot and workshop at Samawa (pictured). The Transport Ministry […]
Maersk to Pay $32m for Overbilling
Maersk Line Limited, part of the Danish shipping and oil group A.P. Moller-Maersk, has agreed to pay $31.9 million to settle claims that it overcharged the U.S. military for transporting cargo to support American troops in Afghanistan and Iraq. The settlement resolves a whistleblower lawsuit filed by a former industry insider. The individual, Jerry Brown, […]
Iraq Stock Market Report
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th January 2012). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,478 (-1.7%) / $1,622, -2.8%. The number of weekly traded shares was 1.9 bn and the weekly trading volume was […]
Qtel Group Provides Diabetic Alerts in Iraq
Diabetics in Kuwait, Iraq and Palestine can now use their mobile phones to receive personalized alerts and information on exercise and diet, thanks to a new mHealth service being offered by Qtel Group companies there. Qtel Group will soon be offering this service in other countries where it is present. Representatives from the Qtel Group […]
Najaf Refinery Output Up 30% in 2011
Najaf Refinery achieved a 30% rise in overall production in 2011 compared to a year earlier, the Director of the Najaf refinery said this week. Leith al-Gharrawi told AKnews that the refinery produced about 7.174 million barrels of petroleum, up from about 5 million barrels in 2010. The production of kerosene was also 30% higher […]
Iraq to Raise January Kirkuk Crude Exports by 3.5%
Bloomberg reports that Iraq will increase its exports of Kirkuk crude for January from the Turkish Mediterranean port of Ceyhan (pictured) by 3.5 percent from last month. The loading program obtained by comprises 18 cargoes totaling 13.88 million barrels, or 447,742 barrels a day, compared with 432,677 barrels a day for December. The cargo sizes […]