ISX Down 94.8 Points
The Iraqi Stock Exchange (ISX) index this week went down to register 94.8 points with trading worth 3.4 billions Iraqi dinars, compared to last week which registered 97 points. Traded shares this week worth around 3.425 billion Iraqi dinars ($2.9 million) through 1282 deals with non-Iraqi investors completing 175 deals worth 645.615 million Iraqi dinars, […]
The National Iraqi Coalition has called for a round-table, for the political parts
The Iraqia List is quite determined to nominate Alaawy for the next PM
Kuwait Developments:Progress alongside Iraq.
It has been an exciting few weeks in Kuwait where the Government approved a $104bn development plan - the proximity and historic links to Basra where similar high impact developments in the oil and gas sector are starting, promises to create economic heat in the North of the Gulf.
Re-basing the Iraqi Dinar
The Central Bank of Iraq is planning to rebase the Iraqi dinar but hasn't decided yet on the timing of the move, the bank said in a statement last week. Affirms its commitment to its strategic projects, particularly knocking three zeroes from the Iraqi dinar," the statement said. "Despite the technical and logistical preparations for […]
New Stock Market for Diwaniya
The U.S. reconstruction team in Diwaniya has held a conference to establish a stock exchange in the province, in cooperation with the local government. “The conference was held at the headquarters of the Diwaniya Chamber of Commerce”, a media adviser in the team, Ahmed al-Quseer, told Aswat al-Iraq news agency. The U.S. team has helped […]
Compressors for Basra
The project to install and operate central air compressors at the shipyard of the Iraqi Ports Company in Basra has been completed. “The compressors are of the reciprocating type,” Anmar al-Safi, the company’s media director, told Aswat al-Iraq news agency on Thursday. He said that the project was executed by the company’s technical staff. ( […]
Electricity boost for Diwaniya
In cooperation with the local government, the U.S. reconstruction team has inaugurated an electricity transformer station that supplies power to 10 neighborhoods in Diwaniya. “The station will reduce the load currently placed on the stations of al-Jazaer and al-Malaab,” a media advisor in the team, Ahmed al-Quseer, told Aswat al-Iraq news agency. The cost of […]
School Desks for Diwaniya
In cooperation with the local government in Diwaniya, the U.S. reconstruction team has opened a factory to manufacture school desks at a total cost of $25,000 U.S. dollars. “The Multi-National Force’s (MNF) U.S. reconstruction team has opened the factory, located at the storehouse of the Diwaniya Education Department in al-Jazaer neighborhood, downtown Diwaniya,” a media […]
Central Markets Activated in Karbala
Central markets have resumed trading in the holy province of Karbala for the first time since the 2003 U.S.-led invasion of the country, a local official said on Thursday. “We have started to activate central markets, which have been idle for the past years due to the absence of subsidy and a lack of cheap […]
Initial Designs Made for 6th Mosul Bridge
Initial designs have been made for the sixth bridge in Mosul City, which will carry an estimated cost of 55 billion Iraqi dinars, a local official said on Thursday. “The bridge will encircle the city from the northern al-Rashidiya area to the western Mushayrafa,” the head of the Roads and Bridges Department in the province, […]
Aswat al-Iraq wins Journalistic Award
Aswat al-Iraq news agency has been chosen on Thursday to receive a media distinction shield in Missan province. “This is a way to honor the efforts of Aswat al-Iraq,” Saad Hassan al-Zubaidi, head of the Missan branch of the Iraqi Journalists Union, told Aswat al-Iraq news agency. He said that the union aims to honor […]
LUKOIL to Begin Production in 2013
The LUKOIL-Statoil consortium could begin producing oil at the West Qurna-2 oil field in Iraq in 2013, LUKOIL Vice President Andrey Kuzyayev said. LUKOIL’s capital investments in the project could be as much as $3.7 billion, the Oil and Gas Information Agency reports. LUKOIL President Vagit Alekperov said his company could increase investments in oil […]