Iran Trade With Iraqi Kurdistan to Expand
Iran and Iraq's Kurdistan Regional Government (KRG) agreed to increase bilateral trade in the current year, a Kurdish official announced on Monday. "The volume of trade between Iraqi Kurdistan and Iran will increase to $4 billion this year," a member of the Iraqi Kurdistan's Legislative Council, Feiz Ali Khorshid, told Fars News Agency. The meeting […]
Basra Bridge Budget Increased to ID500m
The Basra council decided on Wednesday to increase funds allocated to the al-Tanouma bridge project from 125 million to 500 million Iraqi dinars ($424,000), according to the chairman of the Basra council according to the Aswat al-Iraq news agency. “The extra money will be used to overcome difficulties facing the project,” he explained. “The approved […]
Kurdistan Press Syndicate Honors Aswat al-Iraq’s Editor-in-chief
The Kurdistan press syndicate held on Wednesday a celebration on Kurdistan Press Day to honor 12 media men, who work for Iraqi, Arab and foreign agencies, including Aswat al-Iraq news agency editor-in-chief, Zuhair al-Jazaeri. The celebration, which was held in the Media hall in Arbil, was attended by Culture Minister Kawah Mahmoud and President of […]
Weatherford to Be Ready for Iraq Fields by July
Weatherford has established nine rigs operating on the ground in Iraq with 1,000 employees.
Iraq Cabinet Approves Naft Al Wassat Company
Iraq Government Spokesman Ali Dabbagh said that the Cabinet approved Ministry of Oil request to establish Naft Al Wassat Company with a capital of 100 billion Iraqi Dinars.
Iraqi-Turkish Conference in Basra
A joint conference was held on Tuesday by the Iraqi businessmen association with the Turkish consulate in Basra to develop commercial relations between the two countries.
Canadian Firm to Invest in 5,000 Housing Units in Baghdad
A Canadian firm is investing $299 million in 5,000 housing units in Baghdad.
New Gas Power Station in Wassit
The Wassit council has allocated 216 donums to set up a gas power station, chairman of the Wassit council said on Tuesday. “The council decided during its session on Tuesday (April 20) to allocate 216 donums to implement a gas power station project as it represents one of the strategic projects, which is included within […]
KIC Calls for Indian Trade
The Karbala Investment Commission has called for the establishment of an international center to exchange goods with India, media spokesman for the commission said on Tuesday. “The center will concentrate on exchanging goods and products between Iraq and Indian companies, which took part in the investment conference in Karbala,” Raed al-Asali told Aswat An investment […]
Iraqis in Vietnam to Foster Relations
An Iraqi diplomatic delegation on Tuesday held a meeting with the Vietnamese foreign minister, with whom they discussed ways of boosting diplomatic and economic relations, according to a foreign ministry’s statement. “The delegation, led by Undersecretary of Iraqi Foreign Ministry Labied Abbawi, expressed Iraq’s desire to strengthen relations with Vietnam in various domains,” said the […]
Exxon to Lead Water Injection Project in Iraq
Exxon Mobil has been picked to lead a "multibillion-dollar" water-injection project on behalf of international oil companies that won contracts in southern Iraqi oilfields
CNPC: Rumaila Oilfield Output up 10% by Year-End
A consortium led by China National Petroleum Corp. and U.K. oil major BP PLC plans to increase crude oil production from the field by 10% by the end of this year.