First Power Pylon Arrives in Basra in February
The governor of Basra, Shaltagh Abboud, discussed with the director of a Turkish manufacturer of electricity pylons the necessary procedures for the arrival of power-generating pylons in the province, according to a local official source on Thursday. “The pylons, scheduled to start to arrive in February, would be linked to the national power grid in […]
Big Residential Compound in Diala – Source
Diala Investment Commission gave permission to construct a big residential compound in eastern Baaquba city, the commission’s head said on Wednesday. “The compound will consist of 3,000 apartments,” Mijwil Mehdi told Aswat al-Iraq news agency. He said that the compound’s total cost will be around $247 million. “Interested citizen need to pay $40–$50 thousand to […]
Industry Ministry Achieves $3.9m from Transformers
The Iraqi Industry Ministry achieved around $3.9 million in December 2009 from contracts to sell and maintain power transformers. This came in a release on Tuesday issued by the Industry Ministry and received by Aswat al-Iraq news agency.
Industry Ministry Achieves Sales of $29.8m
The Iraqi Industry Ministry achieved sales of around $29.8 million from contracts with the Trade Ministry and other governmental and non-governmental institutions. This came in a release on Tuesday issued by the Industry Ministry and received by Aswat al-Iraq news agency. But the statement did not specify the time limit spent to accomplish the amount, […]
Chemical Industries Company Achieves Record Production in 2009
The Iraqi Ministry of Industry and Minerals said on Monday that the state-run al-Sawari Company for Chemical Industries has reached its highest production levels in 2009. The company has signed a contract with the Ministry of Water Resources to build three boats, according to a ministry statement received by Aswat al-Iraq news agency. It has […]
Halting License Granted to Stone Bakeries
The State Company of Processing Grains affiliated to Ministry of Trade has decided to transfer one of Baghdad's mills to Salah el- Din province, also it decided to halt granting stone bakery's license. A statement issued by Media National Center quoted a source in the Ministry of Trade saying" Acting DG of the State Company […]
U.S. Forces Hands over Basra Airport’s Runway to Iraqi Authorities
U.S. troops handed over the runway of the Basra airport to the Iraqi authorities, the airport’s director said on Monday. “U.S. troops handed over the runway to the Iraqi authorities, which is the last part of transferring the entire airport to the Iraqi civilian authorities,” Abulamir Mattar told Aswat al-Iraq news agency. “Receiving the runway […]
Mosul's Dam and Fears of Collapse Returns
Fears rise again regarding the collapse of Mosul's Dam and its passive impacts on the area amid serious attempts to contain the crisis and other governmental efforts to solve it. In a press conference held yesterday, Minister of Planning and Developmental Cooperation Ali Ghalib Baban said" there are projects and offers presented by international firms […]
‘Britain is Neglecting Iraq's Economic Future'
Whatever one's views about the Iraq war and its legitimacy (the Chilcot Inquiry is grandstand viewing in that respect); all of us have a common belief that we have a duty to assist in the reconstruction of Iraq and in developing its economic future. It is clear, however, that British business is punching well below […]
Iraq Imports One- Fifth of Jordan's Exports
Iraq accounted for one fifth of Jordan's total exports during the first 11 months of 2009 making it Jordan's biggest trade partner from amongst 100 countries trading with the kingdom. Iraq topped the list of countries importing from Jordan although Jordanian exports to the Iraqi market dropped by 6.7 per cent during January-November of 2009. […]
ISX Registers Plunge in 20 Firms’ Prices, 9 Up
Rates of 20 out of a total 39 joint-stock companies’ shares that exchanged hands on Sunday plunged while those of nine others were off to a fresh start and shares of 10 companies retained their previous rates as the Iraqi Stock Exchange (ISX) index closed at 98.13 points, down by 0.6%. Traded shares hit 814 […]
The Turkish Group (Holden) Visits Baghdad Investment Authority
Baghdad Investment Authority, received a delegation representing seven Turkish companies (Holden Group) specialized in area of investment in the residential sector, educational , tourism and technology and these companies have more than (24) branch in Gulf States and Europe . Mr. Shakir Aziz Shabib , chief of Baghdad investment Commission , provided a detailed explanation […]