Minister Opens Al-Rasheed, Al-Dibs Gas Stations
Kareem Waheed, minister of Electricity has inaugurated the reopening of Al-Rasheed, Al-Dibs gas stations which will supply about 65 mega watts of power to Kerkok province. A statement showed that these two stations were working in the 80's and had stopped. Today, their production is 31 mega watts. The project will be managed by an […]
Livestock Increases 150%- Ministry
The Iraqi Ministry of Agriculture said that 2008 statistics have revealed a 150% increase in the number of the country’s animals compared to 2001. This came during a conference organized by the ministry in cooperation with the Ministry of Planning and attended by Aswat al-Iraq news agency. “The number of livestock increased by 150% in […]
Industry Ministry to Invest in Nassir Company
The Iraqi Industry Ministry will invest in the state-run Nassir Company over the coming five years. “The necessary funds for this purpose have been allocated,” the Ministry said in a release on Wednesday received by Aswat al-Iraq news agency. It noted that the funds will be used to rehabilitate the company’s water treatment units and […]
Iraq to Receive Rest of Oil-for-Food Funds by Year End
The Iraqi Government has a “realistic” plan to take full ownership of a fund administering proceeds from export sales of petroleum under the Oil-for-Food Programme by the end of this year, a top United Nations official said on Tuesday. “Once all the outstanding activities under the Oil-For-Food Programme are concluded, and taking into account issues […]
UAE-based Firm Rehabilitates Parts of Umm Qasr Port
Iraqi Ports Company has signed a contract with a U.A.E.-based firm to rehabilitate parts of Umm Qasr Port in Basra province, southern Iraq.
Chinese Plans for Bateera Airport
The local government is studying a project put forward by CNPC, Total and Petronas, which invest in al-Halfaya oil field, to turn al-Bateera military airport into a civil one,” the head of the investment commission in the Missan provincial council, Muhsin al-Bakhati said.
Russian Firm Discuss Investments
Iraqi Industry Ministry discussed investment opportunities with a delegation from the Russian firm Wontert Capital AG.
Chinese Firm Signs MoU to Conduct 3 Projects in Karbala
A Chinese company delegation has signed a memorandum of understanding (MoU) to carry out three housing and commercial projects in Karbala.
7 Locations Zoned for Investment Projects in Missan
The local authorities in Missan have zoned seven locations for the establishment of investment projects in the province.
French Delegation Discusses Investment in Basra
A French delegation has discussed investment opportunities during a meeting with the governor of Basra.
Parts of Habaniya Airbase to go Civil
Semi final agreements have been reached to change parts of the Habaniya Airbase in al-Anbar province into a civil airport. "The process is part of the al-Anbar investment plan," Mizhir Hassan, head of the al-Anbar Investment Commission, told Aswat al-Iraq news agency on Monday. He said that a civil airport in al-Anbar will contribute to […]
ISX up Tuesday
The Iraqi Stock Exchange (ISX) index went up by 2.3% to close at 93.3 points on Tuesday . Shares of 10 companies went up, 14 down while 9 others retained their previous rates. The number of shares traded hit 1.3 billion worth 2 billion Iraqi dinars (roughly 1.7 million U.S. dollars) through 227 deals. The […]