$6 Million Residential Project in Baghdad

The Baghdad Investment Commission on Tuesday approved a residential project in the capital at a cost of $6 million, according to the head of the commission. “The commission’s board agreed to give an investment license to establish a residential project in Haifa street in Baghdad,” Shaker al-Zameli said in a statement received by Aswat al-Iraq […]

4 Projects in Amara at ID4b

Four projects for sidewalks in the city of Amara were finalized at more than 4 billion Iraqi dinars (ID) as part of the Provincial Development Budget (PDB) appropriations, according to the Amara municipality chief on Tuesday. “A consortium of local firms finalized the project of Abu Rimmana sidewalks at 1.481 billion dinars and the al-Oufiya […]

Call for Cabinet to Contribute in Al Faw Grand Port

The General Company for Iraq Ports has called on the government to contribute to Al Faw Grand Port which is expected to be implemented by foreign companies and to  guarantee that these companies will not control the port. The Company Chairman Salah Khaddir said that such a step would ensure the future by imposing sovereignty […]

Electricity Bills Jump

100 percent increases in electricity charges are being received by Iraqis in an attempt to reduce power cuts. Demand has risen since the 2003, but the national grid still only supplies a few hours of electricity a day. The Electricity Ministry announced that it would send invoices on June 1 for the previous two months […]

2 Sewage Projects Completed in Karbala

The extension of two sewage networks has been completed in Karbala at a cost of 32 billion Iraqi dinars , the head of the reconstruction and strategic planning committee said on Tuesday. “A local company has finalized the project at a cost of 32.515 billion Iraqi dinars,” Dr. Abbass Nasser Hasani told Aswat al-Iraq news […]

Approval on Service, Hygienic Projects in Basrah

Basrah province council, in its session held at the beginning of the current week, approved 49 water and hygienic projects  which exceeded 130 Billion dinars funded from oil income and province borders taxes. In a statement to the committee, chairman of development and construction in local government Mustafa Ateeh, said to Eye media agency "The […]

ISX Index Up 0.4%, Closes at 93 Points

The Iraqi Stock Exchange (ISX) index went up by 0.4% to close at 93 points as prices of 11 out of a total 29 firms traded in today’s session saw better times. Tuesday’s session saw more than 395.378 million shares exchanging hands at more than 563.872 million Iraqi dinars (roughly $482,000) through 249 deals, with […]

Baban Calls 0n Provinces to do More

Iraq Minister of Planning Ali Baban called on Iraq Provincial Councils to introduce strategic programs as part of the framework of the 2010 Budget. The Minister said that the complementary budget was approved in some provinces a while ago which is a positive step which allows the provinces to start important projects which were delayed […]