Korean Companies Committed to Iraq Housing Construction

A Korean delegation represented by the chairmen of companies specializing in the construction of housing units visited Baghdad within the framework of the NIC (National Investment Commission) One Million Housing Unit project. NIC Chairman, Dr. Sami Al- Araji, stressed the Koreans seriousness in implementing the One Million Housing Unit project, saying that the NIC had […]

Weekly Security Update for 15th December 2010

Overview Levels of violence fell in Iraq last week for the third week in a row. However, conditions have started to deteriorate once again with a rise in attacks since Sunday, particularly in the central provinces and Baghdad. The number of terrorist attacks is likely to increase further over the coming days, despite numerous police […]

France's Schneider Wins Basra Power Contract

Basra's Governor, Shaltagh Aboud, signed a contract with France’s Schneider Electric on Tuesday, to build 8 power plants in the province at a reported cost of $29 million. “The projects will be implemented in cooperation with an Iraqi partner in various areas in Basra,” a media source told Aswat al-Iraq news agency. (Source: Aswat al-Iraq) […]

Allawi, Maliki, to Get Equal Salaries

Associated Press reports that Ayad Allawi will join the Shiite-led government being assembled by his top rival, Nouri al-Maliki, clearing a final hurdle tp end months of tortuous, post-election dealmaking. Despite recent negative comments, the two held what appeared to be a warm 90-minute meeting on Tuesday after which an Iraqiya spokeswoman said Allawi has […]

UN to Lift Ban on Iraq Nuclear Imports?

The United States hopes the U.N. Security Council will lift restrictions on the import of nuclear technology to Iraq, even though Baghdad has not ratified a U.N. agreement on tough atomic inspections, according to a report from Reuters. At a meeting on Wednesday to be chaired by U.S. Vice President Joe Biden, the 15-nation Security […]

KRG Minister Calls for New Turkish Border Crossing

The Kurdistan Region’s Minister for Commerce and Industry has said that a new Turkish- Iraqi border crossing point is needed to reduce the traffic at the Ibrahim Khalil [Ibrahim al Khalil] gate, according to AKnews. The Ibrahim Khalil crossing (pictured) is the only official route connecting the Kurdistan Region to Turkey, and hundreds of trucks […]

Indicted Firm Wins Extension of Iraq Contract

The Defense Department is being forced to extend multimillion-dollar contracts for services in Iraq, including one with a firm under criminal indictment, because losing bidders have legally challenged the companies selected as replacements, according to a report from the Washington Post. The Kuwaiti firm Agility, charged in November 2009 with overbilling food contracts worth $8.5 […]

Iraq Microfinance Celebrates Innovative Loan Products

USAID-Tijara’s Inclusive Financial Services Stakeholders’ Conference began with a pledge to provide greater financial services to people living below Iraq’s poverty line of $2.20 a day and ended with a celebration of innovative loan products that have created or sustained 203,500 jobs since 2003. Participants at the Nov. 28-30 symposium in Erbil debated new Iraqi […]

Iraq Tenders for Supply of Foodstuffs

The Iraqi State Foodstuffs Company has just issued new tenders for the supply of  various food products. Please click on the items below for details: Vegetable Ghee Sunflower Oil Baby Milk Powder In parallel, the Grain Board has issued tenders for the supply of 100,000 tonnes of wheat and 30,000 tonnes of rice: Wheat Rice