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 […]
JTW: Iraq-Turkey Train Service to Be Launched in Feb.
The train service between Turkey and Iraq will start next month, the Journal of Turkish Weekly said in a report. “Turkish Railways (TCDD) and Iraqi Railways (IRR) officials who got together in Ankara on January 14 and 15 agreed to launch train service between Gaziantep and Mosul,” according to the web site. “The first run […]
$18 Million Electricity Projects in Basra – Official
U.S. reconstruction team has started implementing electricity projects in Basra with a total cost of $18.8 million to save energy and reduce the power cut, a general manager of Basra electricity said on Friday. “The projects include extending 14 cables with11kV power at a cost of $5.4 million to save power through the national net,” […]
$19.6 Million for Roads and Bridges Projects in Karbala
Forty-Nine roads and bridges projects were finalized in Karbala with a total cost of around $19.6 million, a member of the Karbala Provincial Council said on Saturday. “The projects were executed by local companies and contractors,” Dr. Abbass Nasser Hassani told Aswat al-Iraq news agency. He said that the projects were funded by the 2009 […]
Health Minister Confirmed Turkish Company to Carry out Hospital Project in Karbala
A Turkish company will embark during the next few weeks on a project to set up a teaching hospital in Karbala at a cost of 177 billion Iraqi dinars, according to the health minister on Sunday. "Turkey's Universal, which specializes in medical services and hospital construction, will start carrying out the Karbala teaching hospital project. […]
7 Power Networks Opened in Basra
Seven power networks were inaugurated in different areas of Basra province on Sunday after their refurbishment was finalized at 2.95 billion Iraqi dinars ($2.5 million), according to the official from the company carrying out the project. “The first network was set up in al-Saad neighborhood in al-Qurna, (100 km) northern Basra, the second on al-Qa’ed […]
Ministry to Ratify Deal with France
The Transport ministry is ready to ratify a deal with the French Registry Body BERUVARITAS, enabling it to administer the steamers belonging to it without needing to depend on Arab companies. It has also formed a committee to re-count and re-manage the salaries of navel crews. Deputy Director for general company of naval transport, Mohammad Saeed, […]
U.S. Reconstruction Team Conducts Electricity Project in Basra
The U.S. reconstruction team in Basra has carried out an electricity project in the province at a total cost of $363,500 U.S. dollars, the team's head said on Sunday. "The project included the establishment of a high and low pressure networks in al-Qibla area (western Basra)," the head of the U.S. reconstruction team in the […]
Final Contract for Qurna Oilfield with Exxon, Shell to Be Signed
The Iraqi Ministry of Oil on Monday will sign the final contract with a consortium led by Exxon Mobil Corp and Royal Dutch Shell, under which the firms will be allowed to develop the West Qurna-1 field in southern Iraq. “The contract aims to increase the field’s production to 2.325 million barrels per day (bpd),” […]
Turkmen Folk Garments Fair in Talafar
A Turkmen women’s folk clothes fair was held in Talafar, western Mosul, on Thursday, and the revenues would go for the impoverished families, according to the chief of the Turkmen feminist union. “The union organized today (Jan. 14) a 15-day fair showcasing Turkmen women’s folk clothes in Talafar, (60 km) northwest of Mosul, and put […]
Baghdad Mayoralty to Build Multi-story Parking Garage
The Baghdad mayoralty has revealed plans to construct a multi-story parking garage over an area of 4,000 square meters in downtown Baghdad. “The mayoralty has called on local, regional and international companies willing to invest in accordance with Law no. 13 of the year 2006 to submit their bids for the project,” according to a […]