Asiacell to Change Currency
As part of its ongoing commitment to the development of the Iraqi economy, and its aim to advance the financial situation in Iraq, Asiacell, the largest private Iraqi company, has announced plans to change the currency it uses from US dollars (USD) to the Iraqi dinar (IQD). Asiacell's decision to implement this currency switch is […]
Ban on Potato Seed Imports
Iraq’s Ministry of Agriculture has banned the import of potato seeds and called for people to rely on local products. Potatoes will be subject to examination by an an ad hoc ministerial committee, according to a Ministry release on Sunday. “The decision was taken after an important meeting held by the Under Secretary of Agriculture […]
Iraqi Airways seeks speeding up Boeing delivery
Iraq's Transport Minister said that the ministry is trying to accelerate the delivery of 55 new aircraft from Boeing as the country expands operations of its state-controlled Iraqi Airways.
Outrage in Basra as Kuwait drills cross-border deposits
A Kuwaiti project to drill an oil deposit shared with Iraq has sparked outrage in Iraq's southern oil province of Basra.
Two New Desalination Plants at Basra Ports
Two contracts were signed on Wednesday with a local company to establish desalination plants in Umm Qasr and Khour al-Zubeir ports
Workers strike and demonstrate in Basra
Last week as many as 700 workers at the 150,000 barrel per day refinery 16 kilometers west of Basra held a three-hour strike.
Million housing units to be built in Iraq
“The cabinet decided to double the number of housing units to one million after 100 specialized foreign companies had expressed their willingness to invest in the (housing) sector,” Sami al-Araji told Aswat al-Iraq news agency.
Kurdistan Ready to Re-Start Oil Exports
Iraq's Kurdistan region is ready to start exporting oil at a rate of 100,000 barrels per day as soon as a new Iraq government is formed, its Natural Resources Minister Ashti Hawrami said today.
Turkey strengthens Iraqi energy ties
Turkey strengthened its energy ties with Iraq by renewing a contract to import Iraqi oil to the Turkish Mediterranean Sea port of Ceyhan, where Azerbaijani oil also arrives via the Baku-Tbilisi-Ceyhan pipeline.
Iraq eyes non-oil investments
Iraq wants to form joint ventures with foreign investors to overhaul some 240 idle factories around the country
Erbil's New Airport: a Week's Work in a Day
By Aiyob Mawloodi Erbil's new international airport is expected to shoulder a heavy load in the development of the city, the region, and the country. The General Manager of Erbil's new airport, Mr. Stafford Clarry, announced in a press conference on Wednesday, March 24, that the new Erbil International Airport has started flights as a […]
Final Election Tally
The full election results have been announced – according to Bloomberg, the seat tally is as follows: Former Iraqi Prime Minister Ayad Allawi’s Iraqiya alliance secured 91 seats; Prime Minister Nuri Al-Maliki's State of Law alliance won 89 seats; Iraqi National Alliance, led by pro-Iranian Shiite cleric Ammar al-Hakim, came in third with 70 seats; […]