Study on Reducing Water Wastage
An official source from the Secretariat of the Council of Ministers, it has instructed the Ministry of Water Resources in coordination with the Ministry of Agriculture, to study the possibility of measuring the amount of water withdrawn from water sources to the fields of farmers. The source said that the committee charged with developing an […]
Mosul Students Protest Against Arrest of Professor
A number of students of the Mosul University’s Faculty of Engineering on Monday staged a demonstration against the arrest of a professor by army forces, according to one of the protest’s organizers. “The students demonstrated inside the campus against the arrest of Professor Omar Ahmad Youssef, without a warrant by army forces last night,” Ameer […]
Permit Given for Shopping Complex in Basra
The investment commission in Basra has given an investment permit to establish a shopping complex in the north of the city at a total cost of $3.27 million U.S. dollars. “The project will be carried out in al-Madeena district (100 km north of Basra) on an area of 3,309 square meters,” an official from the […]
Corruption Cases Focus on Americans
More than 50 corruption cases have been opened in the last six months by U.S. investigators looking into the dealings of Americans involved in the $150 million Iraq reconstruction project. Some of the cases concern suspects who allegedly mailed tens of thousands of dollars to themselves from Iraq or who stuffed money into duffel bags […]
Iraq Welcomes Chinese
Iraq is keen to see China play a bigger role in the reconstruction of the war-torn country, the country's top envoy to Beijing has said. "After 2003, China has supported us very much and reduced Iraqi debts by 80 percent, which is greatly appreciated," Iraqi Ambassador Mohammad Sabir Ismail told China Daily in an interview […]
No Time Fixed for Dinar Rebase
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 Monday. "The Central Bank affirms its commitment to its strategic projects, particularly knocking three zeroes from the Iraqi dinar," the statement said. "Despite the technical and logistical […]
2007 Final Account of Iraqi Government Released
The Board of Supreme Audit on Monday said it has released the final account of the Iraqi government for the year 2007 after all amendments had been made to it. “Amendment have been made to the remarks and notes with regards to budget revenues and an accumulated surplus of 52.6 trillion Iraqi dinars…,” according to […]
Gulf Keystone Placing Raises £16m
Gulf Keystone Petroleum on Monday raised £16m in a stopgap share placing to fund drilling costs in Iraq after the default of its partner in Iraq last week writes Miles Johnson in the Financial Times. Gulf Keystone said last week it would have to pay $40m to the Kurdistan government within three months after the […]
New Super-Port and Rail Link to Rival Suez Canal
Reuters reports that Iraq will next month invite foreign firms to submit bids for the planned construction of a $6 billion port south of Basra, which together with a new rail system will create a regional transport conduit to rival the Suez Canal. Iraq is also seeking investors to build 8,000 km (4,970 miles) of […]
International Companies in New Housing Projects
As the Ministry of Municipalities and Public Works said it will “will allocate land for building residential units at a nominal price”, new housing projects have just been announced in several Iraqi cities, helping to satisfy the huge demand for new accommodation in the country. A contract has been signed with a British firm to […]
Consultants Sought for UNDP Project
UNDP Iraq is seeking the services of an experienced and reputable international consultant company to provide the required services for the development of an integrated water and sanitation master plan. The project will also include strengthening relevant human resources capacity in relevant fields (development and updating of the water and sanitation master plan). The documents […]
Two Turkish Ships to Supply Basra with 250 Megawatts of Electricity
A Turkish barge for electricity generation is scheduled to arrive on Monday in the port of Basra, and will supply power to the national grid. The Minister of Electricity Karim Wahid said in an interview that the barge will be installed at the port of Umm Qasr, while a second barge will arrive on 15th […]