By John Lee. The Swiss Non-Resident Ambassador in Iraq, Michael Winzb, has presented his credentials to Foreign Minister Hoshyar Zebari. During the ceremony, the two sides discussed the development relations between the countries, and plans to gain full diplomatic representation. Minister Zebari stressed the Ministry's readiness to provide support and assistance for the success of […]
By John Lee. Swiss company Cotecna has been officially appointed by the Iraqi Central Organization for Standardization and Quality Control (COSQC), to handle the implementation of a verification of conformity program for goods imported into Iraq. Based on article 3 (clause 8) of Iraqi law n°54 of 1979, COSQC has been empowered by the Iraqi […]
By John Lee. Swiss luxury watchmaker TAG Heuer plans to open its first store in Iraq by either 2013 or 2014, company President and CEO Jean-Christophe Babin told Gulf News in an interview. Gulf News: You have opened a boutique in Iran and planning one for Iraq and Kurdistan. How much growth do you expect […]
By John Lee. Iraq's State Oil Marketing Organisation (SOMO) has finalised a deal to buy up to 1.097 million tonnes of gasoil for delivery next year from BP and Swiss trader Vitol, according to Reuters. The company has agreed to pay a premium of $7.99 a barrel above Middle East quotes on a delivered basis, […]
By John Lee. Iraq plans to invest up to $1.6 billion on renewable energy over the next three years, according to a report from Retuers. The new solar and wind power stations will to add 400 megawatts to the national grid, helping to close the gap between the 8,800 MW produced and the 14,000 MW needed. […]
A spokesman for Iraq's Ministry of Planning and Development has said the ministry will announce the three contracts pre-import inspection next week. The Ministry has completed the final touches on the contracts for the international companies from France, Switzerland and Denmark, said Abd Al-Zahra al-Hindawi. Bureau Veritas of France, and Swiss company SGS, had been […]
ABB, the leading power and automation technology group, has won orders worth around $120 million from KAR Construction and Engineering Company Ltd. to design and build a power plant and construct two 400/132 kilovolts (kV) high-voltage substations that will supply power to the Kurdistan region of Northern Iraq. The 640 megawatt (MW) open cycle power […]
ABB, the leading power and automation technology group, has won an order worth around $75 million from the Ministry of Electricity of Iraq to extend an existing transmission substation in the Southern part of the country. The 400/132 kV (kilovolt) Amara substation will connect a new 500 megawatt (MW) gas based power plant as well […]
Shell has announced that it has granted a $63 million contract to build an electricity generation plant for its gas capture project southern Iraq to Swiss engineer ABB Ltd. Jasser Hanter, general director of the Shell gas project, told reporters that ABB will build two 25 megawatt power plants at Khor al Zubair. The $17 […]
Iraq’s Ministry of Planning has reportedly canceled its contract with Switzerland's SGS after the company allegedly failed to respond to Iraqi authorities about what they described as “sluggish work”. SGS and Iraq signed a contract in January 2011 whereby the Swiss company provides product conformity assessment services for qualifying products allowing their importation into Iraq […]
Reuters reports that Iraq has approved six more energy companies to participate in its 4th energy auction, raising the number of pre-qualified bidders to 46. "We have six companies that were not qualified first, but after reviewing their information, we asked them to submit further documents to support their position. We have decided to qualify […]
A company owned by the Iraqi Ministry of Industry and Minerals has announced that it will buy buy a textile production line from a Swiss company for 1.77 million Swiss francs [$2.24 million, 3 billion Iraqi dinars]. Alforat TV quotes a director of the company as saying that the company is waiting for Ministry approval […]
