CBI Sells $737 Million This Week
The Central Bank of Iraq (CBI) dollar sales in auctions for this week increased slightly to $737.394 million compared to $735.659 million last week. “The demand hit $26.760 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, compared to last week’s $34.230 million, while foreign transfers outside the country registered […]
LESSON 2: ASKING DIRECTIONS
After meeting an Iraqi man, Ustaath Karim, on the street in Baghdad, Ryan wants to ask for directions. Ryan: Tigdar tgulli wehn finduq Baghdad, bya shari’? Qariib minna? راين: تِگدَر تگولي وین فِندُق بَغداد بيا شارِع؟ قریب منا؟ Ryan: Can you tell me where Baghdad Hotel is, on which street? Is it close to here? […]
Iraq, France Sign Deal for 7 Aerial Crop Sprayers
The Iraqi agriculture ministry signed a deal with France on Thursday to purchase seven aerial crop sprayers, according to a ministry press release. “The deal is worth $30 million,” read the release as received by Aswat al-Iraq news agency. “The contract also included training Iraqi pilots and technicians in France for the flying and maintenance […]
Free Hotline for Child Rescue in Kurdistan
As part of its agreement with the Ministry of Labor and Social Affairs in the Iraqi region of Kurdistan, Asiacell, the large private Iraqi company announced the launch of the first free hotline for the Children's Rescue Center in coordination with United Nations Children's Fund (UNICEF), in an effort to aid abused children in the […]
Ministry Provides 310 Transformers
The Diala public Company for electrical industries provided a number of ministries and government departments with 310 electrical transformers last April, the Industry Ministry said on Thursday. “The electricity departments in al-Sadr, al-Karkh, al-Shamal, al-Rusafa and Diala have been provided with transformers from the Industry Ministry at a cost of 2.183 billion dinars,” the general […]
CBI Sells $124m on Thursday
The Central Bank of Iraq’s (CBI) dollar sales went down to reach $124.190 million in its daily auction on Thursday, compared to $169.100 in the previous session. “The demand hit $1.710 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $122.480 million in foreign transfers outside the country, covered […]
Final Draft of Maritime Authority Act
Iraq Minister of Transportation Amer Abdul Jabbar Ismail approved Maritime Authority Act final draft in order to organize and develop the marine sector and to keep pace with international agreements in regards of security, safety as well as environment protection and to adopt international standards for employees. ( Al SumariaTV )
First Cash-for-work Programme in Iraq
The World Food Programme (WFP) today launched a cash-for-work programme in Iraq to help some of the poorest sections of Iraqi society earn enough money to pay for food that might otherwise be beyond their reach. "Food insecurity in Iraq is an access problem, not an availability problem," said WFP Country Director Edward Kallon. "While […]
CNOOC in Technical Service Contract for Iraq's Missan Oil Fields
China's CNOOC Limited has announced that, the Company, via its wholly owned subsidiary - CNOOC International Limited, together with Turkish Petroleum Corporation (TPAO), have signed a technical service contract (TSC) for the development and production of the Missan Oil Fields within Iraq.
Rosneft Ventures into Middle East
Rosneft, the Russian state oil company, has made its first foray into the Middle East with an agreement to develop projects with Crescent Petroleum, an Emirates-based private energy company.
Iraq Oil Ministry Calls for Third Bidding Round
Iraq's oil minister on Thursday invited international energy companies to bid for contracts to develop three untapped natural gas fields in Middle Euphrates Provinces.
UAE Companies Consider $70b in Investments in Iraq
Dubai UAE developers and companies are considering investments worth $70 billion (Dh257 billion) throughout Iraq, according to a top Iraqi official.