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, […]
Tag Archives | Baghdad
The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
Tags: Baghdad, Industry & Trade
Phospate sales soar
The Industry Ministry announced that the General Company for Phosphate marketed more than 15 thousand tons of compound fertilizer in the past month. The Ministry also said the cotton industry has achieved sales of more than one billion dinars during the last month, and announced the arrival of a new machine to increase production capacity. […]
Tags: Agriculture, Baghdad
Iraq, Syria Rail Co-operation
The Iraqi minister of transportation has discussed with the Syrian prime minister means of boosting cooperation in the transportation sector, the Syrian Arab News Agency (SANA) said on Wednesday. “The two officials discussed in the Syrian capital Damascus means of developing the work of the Iraqi-Syrian Land Transportation Company and facilitating procedures for the transportation […]
Tags: Baghdad, Transportation
Construction Projects in Baghdad
Construction in Baghdad might be hindered if the authorities did not deal with the financial budget in the right way, said Baghdad governor Salah Abdul Razzak during a meeting he held on Tuesday. Abdul Razzak talked over ways of speeding up infra-structure projects in the poor regions. ( Al SumariaTV )
New Bridge for Pedestrians in Nasseriya
Work has started to construct a bridge for pedestrians in Nasseriya city. “The bridge will cost ID317 million,” Eng. Abdilkareem Qaiss Abdilkareem, the Thi-Qar roads and bridges director, told Aswat al-Iraq news agency on Tuesday. He said that the bridge will be finalized in 150 days. Nasseriya, the capital city of Thi-Qar province, lies 380 […]
OPEC Symposium Baghdad - Sept
The Organization of Petroleum Exporting Countries will hold a symposium in September for its 50th anniversary, Iraq's oil minister said Wednesday. Hussein al-Shahristani told Dow Jones Newswires of the planned event after exiting an OPEC meeting in which the cartel decided to keep output quotas steady. OPEC was founded in Baghdad on Sept. 14, 1960. […]
Permits Given to Baghdad Projects
Several companies working in the fields of housing, tourism and hotels have been given investment permits to carry out several projects in Baghdad. “Eight investment permits have been given to a number of companies. Housing projects were given a priority,” the Investment Commission in Baghdad said in a statement received by Aswat al-Iraq news agency. […]
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 […]
Election Watch – Partial Results from All Constituencies
The BBC reports that partial results are now in from all 18 provinces, and Nouri al-Maliki has strengthened his lead over main rival Iyad Allawi. His State of Law coalition is leading in seven provinces, including Baghdad and Basra. Baghdad is the largest constituency, with 70 seats from the total of 325. The Iraqi National […]
Water Resources Ministry Begins Reclamation Works in Anbar
The Iraqi Ministry of Water Resources on Sunday said it has begun reclamation works along the Euphrates River in Anbar. “Technical teams and engineers from the State Authority for Irrigation and Reclamation Projects are currently doing reclamation works on a total area of 103,000 donums along the Euphrates River,” read the statement that was received […]
Abadan Exports Exceed 320m litres
Some 322.9 million liters of gas oil have been exported to Iraq via Abadan from March 20, 2009 to March 6, 2010. During the period some 920,000 liters of gas oil were exported daily to Najaf and Baghdad power plants, SHANA News Agency reported on Wednesday. Iran exported some 188 million liters of kerosene and […]
Baghdad 2010 Redevelopment Budget Hits $1 Billion
Azzaman reports that Baghdad's governor, Salah Abdulrazzaq, has earmarked nearly $1 billion this year to redevelop the city. 40 percent of this budget will go to cover projects started in the past two years that were not completed. The governor said many projects were not finished because the Iraqi contractors working on them failed to […]
Tags: Baghdad, Public Works