Mosul Dam Repairs to be Completed by Germans
Atheel Al-Nejaifi, legal eng., Nineveh governor has met German company representatives from "Power", which is under contract to repair the Mosul dam. The company will construct a concrete core in the dam deep beneath the dam’s foundations. Work will start soon once discussions with the water resources ministry are completed. ( Eye media company )
Sterling Energy Update on Sangaw Well in Kurdistan
Sterling, the AIM listed independent oil & gas exploration and production company with interests in Africa and the Middle East has provided the following update on its activities: The Sangaw North #1 exploration well is currently drilling ahead at 1,505 metres. Since the last update on 7 May 2010 two intermediate casing strings have been […]
Welcome to the 'Your Country' Pages
Welcome to this latest initiative from Iraq Business News. The ‘Your Country’ pages carry useful information specific to businesses from participating countries. The first to be launched is the United Kingdom, and we plan to add other countries over the coming weeks and months. If you would like to see your country represented please contact […]
No Need to Increase Supply
Iraq, the only OPEC member not subject to quotas, experienced the largest rise in the month, with 121,300 barrels a day.
Kirkuk Ceyhan Pumping Likely to Resume Thursday
The pumping of Iraq's Kirkuk crude through Turkey to the Mediterranean terminal of Ceyhan is expected to resume Thursday
Debt Crisis Weighs on Oil
It says any improvements seen so far in world oil demand have been "overwhelmed" by increased supply and persistent worries about the stability of the world's economic recovery.
Security Concerns, Corruption Keep German Investors Away from Iraq
“Although security situation in Iraq is stable, the image associated with the country in German investors’ minds is about bombings and security violations,” the consular told Aswat al-Iraq news agency.
Turkish Banks Eye Partnerships with Iraqi Banks
Private Turkish banks are interested in setting up joint ventures with private Iraqi banks, Iraq's finance minister said on Wednesday.
Iran Wants Lasting Economic Ties with Iraq
Iran must find ways to create lasting economic ties with Iraq amid fierce competition from other countries also seeking investment and trade opportunities there, Iran’s ambassador-designate to Baghdad said.
Minister of Industry Considers Ways to Promote Joint Cooperation Between Iraq and South Korea
Minister of Industry and Minerals Franso Fawzi al-Hariri met yesterday the Ambassador of the Republic of South Korea in the ministry's headquarters in Baghdad.
Jordan, Iraq Discuss Establishment of a Joint Free Zone
A delegation from the Iraqi Free Zones will arrive in Amman on Tuesday to continue talks on establishing a joint free zone with Jordan.
Iraq Considers Dissolving Airline over Row with Kuwait
The Iraqi council of ministers has decided to dissolve Iraqi Airways and liquidate its assets after the airline dropped flights to England and Sweden in a row with Kuwait over war reparations.