Archive for the 'Economics' Category

Maliki expects decrease in Iraq 2012 revenues

Saturday, October 29th, 2011

Iraqi Prime Minister Nuri Al Maliki said he expects a decrease in Iraqi revenues in 2012. An economic world crisis in Europe and the US will damage Iraq’s economy, Maliki indicated while affirming that electricity and oil sectors will make progress in the upcoming year.

“The financial …

Diyala Province threatens lingering companies

Saturday, October 29th, 2011

On Friday, Diyala Province Council threatened the companies linger in carrying out the projects, to add their names to the blacklist and to file lawsuits against them. He also added that a technical committee was formed in order to study the causes of delay.
“The Province Council decided to …

Iraq Ministry of Transportation to revive Mosul Airport

Wednesday, October 26th, 2011

Iraq Ministry of Transportation granted 3 licenses for 3 Arab airlines to carry out flights towards Mosul airport, Nineveh governor said. The Ministry also approved activating Mosul-Baghdad transportation line and the airport’s cargo activity.
“Iraq Minister of Transportation Hadi Al Ameri …

Nineveh Province to build a new silo

Wednesday, October 26th, 2011

Nineveh Province allocated 20 dunoms in order to build a silo southeast Mosul city that will be dedicated to receive and store wheat and barley, the Province administration announced.
“The Province allocated a 20 dunoms land in order to establish a silo in Namroud region subordinate to …

Iraq’s Kurdistan Oil exports reach 80000 bpd

Friday, October 21st, 2011

Iraq North Oil Company said on Thursday that Kurdistan crude oil exports reached 70-80 thousand barrels and pointed that during the upcoming period they will reach 100 thousand barrels.
“ Daily Oil exports from Kurdistan oil fields towards Ceyhan Turkish port are approximately between 70 and …

Iraq exports 63 million barrels of crude oil in September 2011

Friday, October 21st, 2011

Iraq Ministry of Oil said that the overall crude oil exports for September 2011 reached 63 million barrels adding that the income thereof exceeded 6 billion dollars.
“The overall of September 2011 crude oil exports reached 63.1 million barrels”, said Iraq Ministry of Oil Spokesman Assem Jihad …

Diyala Province Council grants 20 investment licenses since 2009

Tuesday, October 18th, 2011

Diyala Province Council Administration said on Monday that it granted 20 investment licenses since 2009 for international and local companies with an overall cost of more than 2 billion dollars stressing that the majority of these projects are in the agricultural and habitation fields.
Diyala …

Iraq and Jordan ink a MoU in different economic fields

Saturday, October 15th, 2011

On Friday, Iraq Minister of Finance Rafeh Al Issawi said that Iraq signed a memorandum of understanding with Jordan in different fields while Jordanian Ministry of Industry and Trade pointed that the infrastructure for essential issues of mutual interest was set.
On the sidelines of a joint press …

Diwaniah Province businessmen call to favor local investors

Thursday, October 13th, 2011

On Wednesday, Diwaniah Province Businessmen and investors called to enact laws that support their work and favor them over foreign companies. Meanwhile, the province governor stressed that a committee was established in order to follow up investment in Diwaniah and the obstacles that impede …

Sadr calls to distribute new parliaments headquarter allocations to poor people

Wednesday, October 12th, 2011

On Tuesday, Sadr Bloc leader Moqtada Al Sadr called to distribute the amounts of money allocated to build a new headquarters for Iraq parliament to Iraqi poor people.
This money shall be distributed on poor people or on something more important would be the right thing to do, said Al Sadr when …

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