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Rss Directory > News > Economy & Business > Iraq News :: Daily Update of Iraq Business


Iraq Business Directory [Business Information Portal]
 
The Chief of Economic Forum in Kurdistan, stated on Wednesday, the stock market will not be successful in Arbil, or Kurdistan due to the absence of transparency and lack of joint stock companies.
The Deputy Chairman of Kurdistan Center for Management Development, clarified on Wednesday, that a group of experts submitted a study included a proposal to open Arbil Stock Exchange, trading electronically to gain a good reputation locally and globally.
An official clarified on Wednesday that Iraqi Prime Minister issued directives to the security authorities to take a series of security procedures to encourage investment companies to come and work in Iraq.
Iraqi Oil Minister Hussein Al Shahristani stated on Wednesday that OPEC has to consider reducing the oil production if crude prices remained under $ 90 a barrel.
The Emirates Telecommunications Corporation (Etisalat) stated on Tuesday that an occupying contract will be concluded in Iraq and that it expects "very positive" results for the third quarter of the year.
An American economic delegation, explored on Monday, the reality of the labor and production in the province of Sulaymaniyah, and expressed optimism about the possibility of development of this sector and build bridges of cooperation with the U.
The Director Manager of (Al Bilad ) Islamic Bank, declared on Friday, that the bank will open a new branch at Al Andalus Square in Baghdad next week, indicating that its activity will go to finance investment projects.
The Iraqi minister of transport, Amir Abduljabbar, on Wednesday invited Czech companies to contribute to the development of the country's transport sector, according to a ministerial release.
Kurdistan’s regional government on Wednesday announced it has picked ten figures to establish the founding body for Arbil stock exchange.
Egyptian delegation's visit envisages economic objectives – lawmakers
The Iraq Central Bank along with the Iraqi government is warning people about these fake financial companies that have been operating for quite some time in Iraq.
Al Ma'abar Company for international investment - a joint project between Al Dar Properties and Sorouh Real Estate –stated that it intends to develop a project in Iraq this year worth not less than 500 million dollars.
Iraq and Egypt intend to consolidate their cooperation in oil sector
The governor of Basra declared that a delegation from Dubai Holding company visited the province of Basra on Monday , and had a look at the reality of the city and investment opportunities there.
Fear and uncertainty were hot commodities in global markets Monday.
Head of the Chamber of Commerce and Industry in Sulaimaniya on Monday said that a commercial delegation representing the Iraqi Kurdistan region will head to Italy during this month to take part in a commercial conference.
  Tue, 07 Oct 2008 03:13:00 +0200
Minister of Electricity Kareem Waheed on Monday ordered to increase the Diala share of electricity to deal with the continuous power shortage in the province, explaining that the coming period will witness important power projects in Diala.
The Ministry of Electricity announced that the country's need of energy is estimated at 11 thousand megawatts to reach self-sufficiency, and what is produced now in power plants over five thousand megawatts.
The contract signed between the South Gas Company and Shell for the processing and marketing of natural gas produced in the governorate of Basra in southern Iraq has raised many questions and different view points.
  Mon, 06 Oct 2008 03:30:00 +0200
Iraqi economists and experts agreed that the current global financial crisis may affect Iraq, possibly reflected on oil prices that represent 80 percent of the country's income, in addition to U.

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