The latest Iraq government ministries news from Iraq – oil, water, agriculture, finance and more – brought to you by Iraq Business News
The oil minister, Abdul Karim al-Luaibi, has been busy in the few days since his appointment. Not only has he announced that exports from the northern Kurdistan region are to resume, but he has also promised that the focus will be on rebuilding the decayed oil infrastructure, according to the Arab Times. Al-Luaibi, who has […]
One of the first acts of Iraq's oil minister is to announce that oil exports from the northern, semi-autonomous region of Kurdistan will begin again shortly, according to Associated Press. Abdul Karim al-Luaibi said exports will resume "in the coming few days." Al-Luaibi is independent, but with links to Prime Minister Nouri al-Maliki's Daawa party. Just a […]
Iran's oil ministry has said that prices of US$70-$90 would not hurt the global economy, and even $100 might be safe. "Consumers and producers are unanimous that the oil at $70-$90 prices are suitable prices and will not hurt the global economy," Mohammad Ali Khatibi said. "There are thoughts that an increase in the price of oil […]
The strategies on Iraq of neighbouring states seem to be coming clearer. This week, al-Maliki has been in Iran to meet both Mahmoud Ahmadinejad, the Iranian president, and Ayatollah Ali Khamenei, the Iranian head of state. Al-Maliki described the two countries' relationship as "strategic", saying: "We ask Iran and our neighbours to support our reconstruction and to boost economic […]
Iraq's Ministry of Oil will auction off more gas fields on the 20th October 2010. Xinhua was told by an official: "The bidding for the gas fields of Akkas in Iraq's western province of Anbar, Mansuriyah in eastern Diyala province and Siba in the southern province of Basra, will be held on October 20th." Ministry of […]
A source in Iraq Ministry of Water Resources said that the Ministry has cleaned streams in Al Zab project in Al Hamadaniah region and Al Namroud neighborhood in Mosul. The aim of these works is to irrigate an area of 12000 dunom. It is to be noted that the Ministry of Water Resources has took […]
Iraq Ministry of Agriculture intends to finish 6 strategic projects regarding the provision of seeds and cereals during the current year. A source in the Ministry said that Ma Bayn Annahrain Company for cereals is contributing in supporting the Iraqi Economy through production, industrial and marketing activities for different kinds of crops. The same source added […]
Iraqi Finance Minister Baqer Jabr al-Zubaydi announced on Thursday that his ministry has earmarked 200 billion Iraqi dinars for the 10×10 project in the eastern Baghdad district of Sadr City, according to a press release. “During a meeting with the municipal council of Sadr City, Zubaydi called for investing the sum this year in the […]
The Diala public Company for electrical industries provided a number of ministries and government departments with 310 electrical transformers last April, the Industry Ministry said on Thursday. “The electricity departments in al-Sadr, al-Karkh, al-Shamal, al-Rusafa and Diala have been provided with transformers from the Industry Ministry at a cost of 2.183 billion dinars,” the general […]
Iraq is set to call for bids from energy firms to develop its gas fields, the oil ministry said on Wednesday, as the war-ravaged country seeks new revenue sources to rebuild its battered economy. "The ministry will announce tomorrow (Thursday) the launch of a tender to develop gas fields and it will invite international companies […]
Proxy trade minister, Safa' Al-Deen Al-Safi, received a number of flour mill owners and discussed details of the new contract. He emphasised the importance of the private sector in developing production and his intention to support production of high quality flour to standards that meet the needs of citizen and state. National media center stated […]
The Ministry of Industry and Minerals hosted a training course yesterday organized by the Integrity Commission in cooperation with General Inspectors Office under the title "Financial and administrational corruption and protection of the general fund", Senior staff from the Integrity Commission and central office staff attended in the location of the ministry. In a communiqué, […]
