American Used Cars Boom in Iraq
Progress in trading of used cars in Iraq, particularly those imported from USA , is booming because of reasonable prices and easy to repair damage according to a number of local merchants. Salam Mohammed, an importer of these cars declared the market for used cars is growing, pointing out that the repairing of vehicles before […]
Chinese Visit Karbala
A source in Al Hindia region media in Karbala province said that a Chinese company delegation concluded its visit to the city after agreeing 3 projects The Chinese signed a memorandum of understanding with Iraq and defined sites to establish a housing projects, a shopping mall and an oil factory. The majority of the projects […]
Iraq Steps Up Efforts to Audit Oil Flows - with UN Help
The lack of a comprehensive and stand-alone metering system at Iraq’s oil production chain has been a longstanding problem, allowing crude and refined products smuggling operations to sustain political militias during the past years.
Heritage Oil Deepens Iraqi Kurdistan Drilling
Heritage Oil is to dig its Miran West-2 test well in Kurdistan deeper than originally planned after results proved much less productive than the adjacent test well.
250 Turkish Businessmen to Visit Kurdistan in September
He said that trade exchange between Turkey and Iraq’s Kurdistan hit $9 billion since 2009, adding a free market will be opened on the border point between the two sides.
Iraqi Banking Sector Flourishes
Iraq Private Bankers' League (IPBL) said that the capital of Iraqi private Banks increased from $30 million in 2004 to $1.6 billion today.
Turkish Industries Exhibition in Basra
Preparations have been made for an international exhibition for Turkish industries at Basra International Airport, a local source said on Thursday.
Bulgarian Trade Delegation Meets Basra Officials
Sheikh Ahmed al-Seleity received a trade delegation from Bulgaria and the trade attaché in the Bulgarian embassy in Baghdad to facilitate investment in Basra
Ministry of Electricity to Cover Two Thirds of Iraq Electricity Needs by Summer
Iraq Ministry of Electricity said that it will cover two thirds of the country’s need of electricity during the upcoming summer after finishing the rehabilitation of Electricity power stations and to establish new units fast.
Drainage System in Basra
Work has begun on a drainage system project in Basra’s al-Qibla area at a total cost of 21 billion Iraqi dinars.
Iraq Stock Exchange Expects 50 Percent Boost from Securities Package
The Iraq Stock Exchange expects to boost business by 50 percent once new securities legislation is in place as new foreign investment i drawn in.
Kurdistan Investment Board to Set up Iron Factory
The Kurdistan Investment Board is currently deciding on a location for the largest iron factory in Kurdistan, which will be built at a cost of $130 million by a French company. The plans are at an early stage, according to Hersh Muharram, chairman of the investment board, and the plant will be built in cooperation […]