Iraq business, the latest Iraqi business news
Italian companies willing to join Iraqi markets
Related Topics: Baghdad
Baghdad (IraqiNews.com) Italian companies expressed their willingness to join the Iraqi markets and conclude partnerships with companies of the Housing and Construction Ministry. Several Italian companies had discussed with Iraqi officials possibility of holding investments in Iraq. A statement by the MoHC reported “The Senior Undersecretary of the ministry, Istabraq al-Shouk, met with a number [...]
CoM to equip private sector generators with fuel during Ramadan
Related Topics: Baghdad, Oil
Baghdad (IraqiNews.com) The Council of Ministers approved the proposal that stipulates the Ministry of Oil to equip the owners of private sector electricity generators with (30 Leters) of gasoil for each (KVA) per month.The Council of Ministers mentioned in statement received by IraqiNews.com “The Ministry of Oil will equip the private sector generators with fuel [...]
MoT to represent Iraq in World Trade Organization
Related Topics: Baghdad
Baghdad (IraqiNews.com) The Minister of Trade, Kheralla Hassan Babekir, will head a delegation to represent Iraq in the World Trade Organization.The Ministry of Trade reported in statement received by IraqiNews.com “The Iraqi delegation will join a negotiation session to associate Iraq within the World Trade Organization,” noting that “The Iraqi delegation includes representatives of the [...]
Iraqi Ministry of Trade contracts global companies to import vehicles
Related Topics: Baghdad
Baghdad (IraqiNews.com) The General Company for Trading Vehicles within the Ministry of Trade announced concluding contracts with major global companies in the field of vehicles industry and the heavy equipment manufacturing. The Ministry of Trade reported in statement received by IraqiNews.com on Sunday “The company concluded a contract with the US Company Chrysler Ford Corporation [...]
MoT describes purchasing ration card items as complicated
Related Topics: Baghdad
Baghdad (IraqiNews.com) The Minister of Trade, Khairallah Hassan described the process of purchasing the items of the ration card as “complicated and thorny.”The Ministry of Trade reported in statement received by IraqiNews.com ”The Minister of Trade chaired the central negotiation session held at the Ministry to purchase (100,000 Tons) of sugar with the attendance of [...]
USAID provides support to MoO
Related Topics: Baghdad, Oil
Baghdad (IraqiNews.com) The US Agency for International Development declared providing the support for the Ministry of Oil in investment projects sector to improve the implementation of the investment projects. The USAID reported in statement received by IraqiNews.com ”The US Agency provided the technical support for the Ministry of Oil in the field of investment projects [...]
Baghdad mayorship allocates funds to establish housing units
Related Topics: Baghdad, IQD
Baghdad (IraqiNews.com) Baghdad Mayorship announced allocating IQD (1,5) billion to sort (23,000) residential pieces of land within Rasheed municipality sector in a step to solving a major part of the housing crisis. Baghdad Mayorship quoted the Acting Mayor of Baghdad, Abdul Hussein al-Murshidi, as saying in a field visit to Rasheed municipality sector “The administration [...]
Fourth generating unit resumes work in Mussayab Electric Station
Related Topics: Babel
Babel (IraqiNews.com) The Ministry of Electricity announced that the fourth generating unit of Mussayab Electric Station resumed work in 100 Mega Watt. The spokesperson of the MoE, Musab al-Mudaris, stated in a press statement “The maintenance for the fourth unit continued for 45 days.” “Mussayab Electric Station is one of the biggest stations in Iraq [...]
Baldawi assures government’s seriousness in compensating affected persons by floods
Related Topics: Baghdad, Nouri al Maliki, Wassit
Baghdad (IraqiNews.com) MP, Mufeed al-Baldawi, of the Iraqi National Alliance assured the government’s seriousness in compensating the affected persons by floods. In a press statement received by IraqiNews.com, he said “The floods happened in some southern provinces have damaged the fields and orchards, but the government and all the formed committees from the ministries are [...]
Fuel tanker, commercial ships dock at Basra’s ports
Related Topics: Basra
Baghdad (IraqiNews.com) The Khur al-Zubair and Um Qasr ports within the Ministry of Transportation received four ships and fuel tankers.The Ministry of Transportation reported in statement received by IraqiNews.com on Wednesday “The Um Qasr commercial port received a ship from China loaded with (36,000 tons) of various goods.””The Iraqi fuel tanker, Furat, docked at Khur [...]
IQD value rapidly deteriorates
Related Topics: Baghdad, IQD, Iran, Iraqi dinar, Syria
Baghdad (IraqiNews.com) The price of the US dollar in the local markets reached 1,300 Iraqi dinars, compared to 1220 dinars in mid-March and represents a significant reduction of the Iraqi dinar’s value since the two last years. It is known that the official price of the USD until this day, according to the Central Bank [...]
Energy Parliamentary Committee discuss preparations of MoE for next summer
Related Topics: Baghdad, Energy, Oil
Baghdad (IraqiNews.com) The Oil and Energy Parliamentary Committee hosted on Sunday in the parliament the Electricity Minister, Abdul Kareem Aftan, to discuss problems facing the work of the Ministry. A statement from the Media Department in Parliament received by Iraqi News (IraqiNews.com) Monday, cited that “The meeting, which was chaired by Chairman of the Committee [...]