The Iraqi Railway Company [Iraqi National Rail Company] has announced that its revenues for March totalled $1.4 million [1.7 billion Iraqi dinars], according to a report from AKnews. The company’s assistant general manager, Salam Jaber Salloum, told the agency that proceeds from the transfer of freight reached $310,000 with the remaining revenues coming from the […]
Reuters reports that the French engineering group that has signed an outline agreement to build a metro line above Baghdad's streets is in fact Alstom. Shaker al-Zamili, the head of Baghdad Investment Commission, said on Thursday that Iraqi officials signed a memorandum of understanding with Alstom in France last week. An Alstom spokeswoman in Paris […]
[Please click here for update] The Iraqi National Rail Company announced on Sunday that under its supervision the urban rail project in the Iraqi capital will be completed in 2013.. According to AKnews, the company’s press secretary, Jawad Kharsani, said the project will be carried out in conjunction with the French company Tharyom (sic) [Iraq […]
The Iraqi Transport Ministry said on Sunday evening that the national rail company loses 72 billion Iraqi Dinars ($62m) each year due to high payroll expenditure and low annual revenues of less than 12bn Iraqi Dinars ($10m). Speaking to AKnews, the General Director of the Iraqi National Rail Company, Jawad al-Kharasani, complained that the network’s […]
Iraq's electricity and transport ministries have announced the launch of a joint railroad project that will carry fuel to the Dora Power Station in southern Baghdad, Aswat al-Iraq has reported. Transport minister, Amir Abduljabbar has said that a similar project will be carried out in Basra province, south of Baghdad. ( AME Info FZ LLC […]
