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 […]
New Medical Factory in Mosul
A new factory for producing medical cotton and gauze has opened in Mosul city. "The total cost of the project is around $2.5 million," a source from the factory told Aswat al-Iraq news agency. He said that the factory's capacity is 0.5 tons per day. The source noted that the Iraqi Ministry of Industry funded […]
ID200b for Baghdad Roads
Baghdad Mayoralty has allocated ID200 billion to pave roads in the Iraqi capital in 2010. “Work will be executed through 13 contracts,” the mayoralty’s media office said in a release on Tuesday received by Aswat al-Iraq news agency. He noted that five million square meters will be paved this year in Baghdad. ( Aswat Al […]
Christian Radio On Air
People in the southern Iraqi city of Basra are now able to listen to the province's first Christian radio station, RFE/RL's Radio Free Iraq (RFI) reports. The Voice of the New Testament broadcasts mostly religious hymns and Bible readings from the station's office in Basra's National Evangelical Church. Saad Matti Petros, the head of the […]
Iraq Lobbies for Cut in War Reparations
Iraq is seeking to reduce the amount of annual oil revenue it sets aside for war reparations, primarily to Kuwait, by 80 percent, the Iraqi ambassador to the United Nations told Reuters on Tuesday. Nearly 20 years after Iraq, then under the rule of Saddam Hussein, invaded its oil-producing neighbor, Baghdad is pressing the U.N. […]
Compensation Payments Should Continue - UN
The UN on Tuesday expressed satisfaction that the Iraqi Government is willing to continue to pay five percent of its oil revenues into the Compensation Fund whether under the present mechanism or a successor mechanism to the Development for Iraq (DFI) whose mandate expires in December of this year. "It is important to ensure that […]
Governor Invites Locals to Rebuild Kirkuk
Kirkuk Gov. Abdilrahman Mustafa on Monday has invited local investors to rebuild their province. "Those investors should actively participate in rebuilding and developing their province," a local provincial media source quoted Mustafa to Aswat al-Iraq news agency. Mustafa noted that investment is a pillar to develop countries, according to the source. "Local authorities in Kirkuk […]
Greeks Seek Opportunities in Missan
Missan’s governor discussed on Tuesday with a delegation from a Greek company the possibilities of investing in the province, mainly in the housing sector, according to a media official. “Governor Mohammad al-Shayaa al-Sudani held a meeting on Tuesday (April 6) with a local delegation representing a Greek company to discuss the possibility of setting up […]
Kurdistan’s Parliament to Discuss Budget Bill
Kurdistan region’s parliament will resume discussion of the general budget draft law on Thursday, according to the media advisor to the Parliamentary Chairman. “Parliament’s Speaker Kamal Karkouki invited all legislators to attend next Thursday’s session at 10:30 a.m. to resume discussing the draft law,” Tareq Jawhar told Aswat al-Iraq news agency. The parliament had discussed […]
Finance Minister to Sign UAE Agreement
Iraqi government has authorized the Finance Minister to sign an investment agreement with the United Arab Emirates (U.A.E.). It said that the authorization will facilitate investments in Iraq. ( Aswat Al Iraq )