The Mid-Euphrates provinces of Babel, Karbala and Najaf have reportedly agreed to build a new airport in Babel province. Babel Deputy Governor, Engineer Ali Abdul Siheil, told AIN that the airport will be built by the French Company EDB at a cost of $2 billion. “There were extended meetings held among the representatives of the […]
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Tags: Airports, Babel, EDB, France, Karbala, Kerbala, Middle Euphrates International Airport (MEIA), Najaf
Alstom Signs $1.5bn Monorail Contract
By John Lee. French firm Alstom has reportedly signed a $1.5-billion deal with the Iraqi authorities the for the design and construction of a monorail system in Baghdad. Azzaman reports that the contract was signed by Baghdad Governor Salah Abdulrazzaq and Alstom representatives in the Iraqi capital. “The aim of the project is to ease […]
Iraqi Oil-for-Food Lawsuit Collapses
By John Lee. An Iraqi lawsuit accusing more than 90 companies of conspiring with Saddam Hussein's regime to frustrate the United Nations' program, and depriving Iraqis of roughly $10 billion of essential aid, has been dismissed by a court in New York. Reuters reports that U.S. District Judge Sidney Stein said the government of Iraq […]
Tags: 'Your Country' - United Kingdom, 'Your Country' - United States, ABB, Akzo Nobel, BNP Paribas, Chevron, Corruption, Daimler, France, germany, GlaxoSmithKline, Netherlands, oil for food, Siemens
Total CEO in Court for Oil-for-Food Trial
By John Lee. The CEO of Total, Christophe de Margerie (pictured), is to appear in a Paris court on Monday to fight charges of wrongdoing relating to the United Nations oil-for-food relief program in Iraq. Total, Vitol and 18 individuals, including de Margerie (61), are listed as defendants in the trial over claims the program […]
Schneider Wins $74m Sub-Station Contract
By John Lee. Iraq's Minister for Electricity has signed a $74-million contract with France’s Schneider Electric to install 20 electricity substations in four southern provinces. Ministry’s spokesperson Musaab al-Mudares said: “There will be seven substations in Basra, six in Thi-Qar, four in Missan and three in Muthanna. “The new stations will contribute in stabilizing the […]
World Bank to Finance Lafarge Cement Plant in Kerbala
IFC, a member of the World Bank Group, is providing a $70 million loan to help renovate a cement factory in Iraq, part of an effort to support the local building sector and aid in the country’s reconstruction. The financing will allow Kerbala Cement Manufacturing, a subsidiary of France’s Lafarge, to rehabilitate a state-owned plant […]
Tags: cement, France, French Development Agency, International Finance Corporation (IFC), Kerbala Cement Manufacturing, Lafarge, MerchantBridge, Proparco, World Bank
President Barzani Welcomes French Business Delegation
The Kurdistan Region President and Prime Minister last week met with France’s Ambassador to Iraq, Mr Gauer Denys, and a French business delegation representing major French companies and business associations. In his meeting with the delegation, President Masoud Barzani said that the Kurdistan Region is eager to enhance economic relations with French companies and thanked […]
Total Says Unclear if Iraq Wants it to Exit Halfaya
By John Lee. The chief executive of French energy giant Total, Christophe de Margerie (pictured), has said that it is not clear if Iraq wants the company to withdraw from the Halfaya oilfield due to its dealings in Iraqi Kurdistan. Total recently acquired a 20 percent interest in the Taza oil exploration block there from […]
Tags: France, HaLFAYA, Harir, KRG, Kurdistan News, Marathon, oil contracts, Safen, ShaMaran, ShaMaran Petroleum, Total
France announces Visa Service in Erbil
Welcoming the French Ambassador to the Kurdistan Region on Sunday, Prime Minister Nechirvan Barzani discussed the Region’s growing ties with France as well as ongoing events in the broader region. On his first official visit to Kurdistan since the arrival of the new French Consul General, Mr Alain Guépratte, Ambassador Denis Gauer announced the opening […]
German Company to Inspect Iraqi Imports
The Iraqi Ministry of Planning has reportedly signed a technical contract with a German company to inspect imports into Iraq. The Ministry said that the aim of the contract is "to limit the importation of bad goods or expired commodities and foodstuffs". According to a report from Aswat al-Iraq, the contract was signed with the […]
Tags: Bureau Veritas, Central Organization for Standardization and Quality Control (COSQC), Denmark, France, germany, Pre-Importation Inspection Testing and certification of Goods into Iraq (ICIGI), Sweden, TUV
KRG PM hosts groundbreaking for Duhok International Airport
Prime Minister Nechirvan Barzani today hosted a groundbreaking ceremony for a new international airport in Duhok. Duhok International Airport will be the third airport in the Kurdistan Region. After its completion in 2015, travellers will have direct international access to each of the Region’s three provinces. Speaking at the event, the Prime Minister highlighted the […]
Tags: Aeroports de Paris Ingenierie (ADPi), Airports, Dar Al-Handasa Engineering, Dohuk International Airport, Dollar, France, korea, Kurdistan News, Lebanon, Makyol
Lucent to Pay $4.2m over Iraq 911 System
By John Lee. An Alcatel-Lucent subsidiary, Lucent Technologies World Services Inc. (LTWSI), has agreed to pay the United States $4.2 million to settle False Claims Act allegations that it submitted misleading testing certifications to the Army in connection with the design, construction and modernization of Iraq’s emergency communications system, the Department of Justice announced today. […]
Tags: Alcatel-Lucent, France