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From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The United States welcomed an announcement by French President Francois Hollande that France would join US-led air strikes against Islamic militants in Iraq.
At an international conference in Paris, the five permanent members of the U.N. Security Council, representatives of European and Arab states, and representatives of the EU, Arab League and United Nations, have all pledged to help the government in Baghdad fight against Islamic State militants. The full statement from the French Ministry of Foreign Affairs is […]
By John Lee. The new Minister of Foreign Affairs, Dr. Ibrahim al-Jaafari has met the new French Ambassador to Iraq, Mr. Francois Bartley, and received a copy of his credentials. During the meeting, they discussed relations between Iraq and France and ways to enhance prospects of joint cooperation. They also discussed the ongoing preparations for […]
By John Lee. French President Francois Hollande has called for an international conference to discuss new strategies to counter the Islamic State of Iraq and the Levant (ISIL). It is not the first time such an idea has been discussed, with counter-terrorism expert David Kilcullen suggesting a repeat of the WW2 ARCADIA conference, only this time aimed […]
By John Lee. The New York Times has reported that French President Francois Hollande has endorsed the appointment of Haider al-Abadi as Iraq's new PM, and with Baghdad's approval France is now ready to send arms to Kurdish forces. The move comes after the Kurdish President Massoud Barzani remarked that the Peshmerga were not sufficiently […]
On Wednesday, June 25th 2014, the first hypermarket under the French Auchan banner was opened in the Kurdistan Region of Iraq. This 6,000 sqm store is part of a 106-shop mall, located near the center or Erbil [Hewlêr]. The opening of this store is based on a franchise agreement between the Auchan Group and SI Retail, one […]
Lafarge Iraq has launched a new version of Karasta, its multipurpose cement, tailor-made for the Iraqi climate. In order to meet customer expectations and needs the formula of Karasta was revised to improve its workability, decrease cracking and improved setting time as well as better adhesion. Karasta’s new formula meets the Iraq specification 3868 and […]
By John Lee. Germany's BASF, one of the world’s leading producers of construction chemicals, has joined with French cement and concrete materials leader Lafarge to set up a new plant to make chemicals for the construction industry in Iraqi Kurdistan, according to a report from TradeArabia. Dick Purchase (pictured), head of BASF Construction Chemicals division […]
Alstom has been awarded a contract worth approximately €225 million to provide power generation equipment for the Al-Anbar gas-fired combined-cycle power plant being built in the Anbar province in Iraq. A consortium of Metka SA and Metka Overseas Ltd is building the power plant for the Ministry of Electricity of Iraq. The 1,642 MW power […]
By John Lee. A French company is planning to build a replica of the Eiffel Tower in Sulaymaniyah. But according to reports from Zawya, the structure will be a mere three storeys high. The project will include shops selling French products, and will feature laser lights showing the flags of Kurdistan and France. The name […]
Technip, in partnership with China HuanQiu Contracting & Engineering Corporation (HQC), has been awarded a front-end engineering design (FEED) contract for the Ar Ratawi Natural Gas Liquids (NGL) train1 project at North Rumaila in Basra. The deal was awarded by the Basra Gas Company (BGC), a joint venture between the Iraq's South Gas Company (51%), […]
By John Lee. Pakistan's Lucky Cement has started production in Iraq from February of this year, in a 50/50 joint venture with the Al-Shawy family. The company's CEO, Muhammad Ali Tabba (pictured), told Dawn that a total of $40 million has been invested in the grinding mill in Basra, which has a capacity of 3,000 […]
