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Economics/Buisness


Middle East Economic and Business News.

Iraq State Enterprise for Al-Mishrak Sulfur starts exporting

Iraq State Enterprise for Al-Mishrak Sulfur, affiliated to Ministry of Industry and Minerals started to prepare its products: refined sulfur, sulfuric acid, agricultural sulfur in addition to Alum.
A source in the Ministry said that the Company started to export more than half a million tons of ...

Bids to develop Iraq’s Qurna oilfield

France's Total and a consortium led by China's CNPC have submitted revised bids to develop Iraq's West Qurna oilfield, said Abdul-Mahdy al-Ameedi, deputy director of Iraq's Petroleum Contracts and Licensing Directorate. The winner of the service contract would be announced within two weeks, he ...

Heritage and Genel delay $6 billion merger

Heritage Oil said its intended $6 billion merger with Turkey's Genel Energy was postponed once more, due to leadership changes in Kurdistan, toting up to recent qualms about investment in the semi-autonomous region of Iraq. Exports from Genel's Taq Taq oil field, which were supposed to fund the ...

جواد البولاني يطالب دول الجوار بمزيد من الدعم في الملف الامني

افتتحت اعمال مؤتمر دول الجوار في شرم الشيخ التي تبحث الاوضاع الامنية والسياسية في العراق والسبل الكفيلة بمساعدته على تحسين الاوضاع فيه على الاصعدة كافة. وفي حفل الافتتاح ، اكد وزير الداخلية السعودي الامير نايف بن عبد العزيز ضرورة التعاون لكف الاذى عن العراق وتسليم ...

Iraq Water Resources Ministry deals with drinking water shortage

Iraq’s Water Resources Ministry signed a contract with a Turkish firm to build a dam in Kirkuk Province in aim to deal with drinking water shortage in the province and improve the environmental and agricultural environment.
The Ministry pledged to build dams in other regions.

Oil exports from Kurdistan fields halted

Kurdistan Regional Government Natural Resources Minister Ashti Horami announced that oil exports from the region’s fields have halted due to rows with Baghdad’s Government on account of the payment mechanism to foreign firms operating in Kurdistan.
Oil exports from the region’s fields have ...

8 foreign firms compete to build Iraq’s 1st metro

Head of Baghdad Municipality Saber Al Issawi affirmed that Iraq has narrowed down the number of companies competing to build the country's first metro to eight foreign firms and expected the project to cost $3 billion to $4billion.
Iraqi Government seeks to revive the special sector and develop ...

September 6 2010

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