Monthly Archives: May 2011
Alstom Baghdad Metro Plan to Cost $1.5 Billion
| May 31, 2011 | Filled under Iraq Daily News |
BAGHDAD: A five-year project for French engineering group Alstom to build an above-ground urban metro line in Baghdad will cost $1.5 billion and be funded by the French government and banks, Iraqi officials said. The planned line, with a capacity to carry 30,000 passengers an hour, will have 22 km of track and 14 stations linking northern Baghdad districts with the…
24-Hour Electricity Supply Promised in Kurdistan
| May 31, 2011 | Filled under Iraq Daily News |
ARBIL / Aswat al-Iraq: The Kurdistan Ministry of electricity promised citizens a 24-hour electricity supply during the coming month of June, depending on national network and private generators. Minister Yaseen Abu Bakr said, in a press conference attended by Aswat al-Iraq, that the Kurdistan region will begin its summer time table by supplying 20 hours of electricity depending on the…
IDB Funds Drive for $5bn Jordan Rail Project
| May 31, 2011 | Filled under Iraq Daily News |
JEDDAH: The Islamic Development Bank (IDB) said that it was negotiating with a number of regional and international finance institutions including the World Bank, the European Investment Bank to mobilize funds for Jordan’s $5 billion mega railway project. The railway, which is expected to change the region’s transportation pattern and boost trade between IDB member countries, will link Jordan with Syria,…
Iraq, Jordan Sign Deal for Railway Line Linking Port of Aqaba to Baghdad
| May 30, 2011 | Filled under Iraq Daily News |
Jordan and Iraq signed a Memorandum of Understanding for a rail line linking the Jordanian Red Sea port of Aqaba with the Iraqi capital of Baghdad, Petra said, citing Jordanian Transport Minister Muhannad Qudah. The agreement for a line that would provide passenger and cargo services was signed by Qudah and visiting Iraqi Transport Minister Hadi al-Ameri in Amman, the…
Kuwait Seizes Iraq Airline Assets in Jordan
| May 30, 2011 | Filled under Iraq Daily News |
Kuwait has seized assets of Iraq’s national airline in Jordan, Iraqi officials said, the latest step in a row between the neighboring states over war reparations. Iraqi Airways has filed an appeal against the decision in Jordan, said Karim al-Nuri, a media adviser to the Iraqi Transportation Ministry. Mr. al-Nuri said Kuwaiti authorities seized the Iraqi Airways office in the Jordanian…
Dying for a Drink: Mosul’s Liquor Ban Leads to Desperate Measures
| May 29, 2011 | Filled under Iraq Daily News |
For years Mosul city has had an unofficial alcohol ban. Bottle store owners are bombed, alcoholics are assassinated and you can be shot for openly carrying a beer. The locals still find ways to get a drink though. On the night of Wednesday Nov 10 last year, the Iraqi military pulled off a successful operation in Mosul. They had received a…
Shaways Welcomes the Decision to Open the Vietnamese Embassy in Baghdad
| May 29, 2011 | Filled under Iraq Daily News |
Shaways welcomes the decision to open the Vietnamese Embassy in Baghdad, urging them to invest in the agricultural field in Iraq Baghdad, The Deputy Prime Minister Nuri Shaways example, has typically Vietnamese government’s decision to re-Vthambassarp in Baghdad, which is considered an important step in strengthening relations between Iraq and Vinamwalti Iraqi government is keen on sustaining and developing them.…
Iraq Consumes 20 Million Liters of Gasoline Per Day
| May 29, 2011 | Filled under Iraq Daily News |
Baghdad, (Rn) – The Iraqi Oil Ministry on Friday that Iraq consumes 20 million liters per day of gasoline, and 22 million liters of oil, liquid gas and six million liters of white oil. U.S. Undersecretary of the Ministry of Oil Ahmed Chandler Kurdistan News Agency (Rn) that “these quantities are fluctuating between season and last, but not exceeding a…
Iraq: Scania Signs Deal to Deliver 4,000 Cvs
| May 28, 2011 | Filled under Iraq Daily News |
Swedish commercial vehicles manufacturer Scania has entered into a cooperation agreement with Iraq’s Ministry of Industry and Minerals, whereby the OEM will deliver 4,000 vehicles worth SEK 3bn (US$472.6m) during a five-year period. Scania will execute this agreement together with its partner in Iraq, Qanadeel al Rafidain. The vehicles will be assembled at the government’s Iskandariyah industrial complex, south of Baghdad.…
Iraq More Exposed to Legal Claims as Fund Winds Down
| May 28, 2011 | Filled under Iraq Daily News |
Iraq’s vulnerability to creditor and war-reparation claims will rise after June when the trust fund established after the U.S.-led invasion to finance its reconstruction and food purchases is dismantled. The winding down of the Development Fund of Iraq (DFI), set up after the 2003 ouster of Saddam Hussein, could see commercial and sovereign claimants intensify efforts to seize Iraqi assets, often…
HRW: Kurdish Government Not Better Than Saddam Hussein’s
| May 28, 2011 | Filled under Iraq Daily News |
Human Rights Watch (HRW) severely criticized the human rights situation in Kurdistan and claimed that the Kurdistan Regional Government (KRG ) is not much better than the former government of Saddam Hussein. “The Kurdistan Regional Government promised a new era of freedom for Iraqi Kurds, but it seems no more respectful of Kurdish rights to free speech than the government that…
Iraq Private Banks Complain About Bank Regulation New Restrictions
| May 28, 2011 | Filled under Featured Article |
The majority of private banks in Iraq affirmed on Tuesday that Iraq’s bank regulation allows public banks to monopolize the banking process especially after imposing new restrictions that require from private banks to raise their capital funds to 250 Billion Iraqi Dinar by the end of 2013. While private banks caution that this decision would paralyze the private bank sector, Iraq’s…
CBI: $400 Million to Egypt Threatens the Paris Club Agreement
| May 27, 2011 | Filled under Iraq Daily News |
The Central Bank of Iraq that calls for $ 400 million in Egypt, Iraq, wages for workers insist threaten the Paris Convention. The adviser said the Central Bank of Iraq the appearance of Mohammed Saleh told the Kurdish news agency (Rn) announced today that “The central bank is worried that the breach of the Paris Convention, which established a program…
Director of Iraq Social Welfare: Smart Cards Are Completed and Ready for Issuance to Beneficiaries
| May 27, 2011 | Filled under Iraq Daily News |
(Baghdad, Post) – The Directorate of Social Welfare of the Ministry of Labour and Social Affairs said on Thursday that it has completed version of the smart card for all covered by a network of social protection for the men’s group. A spokesman for the Directorate Salem Kayf told (Baghdad, Post) that “the Directorate of Social Welfare has completed Asaddaralbtaqp smart…
Kuwait Airways Expects to Regain $1.2b From Iraq
| May 27, 2011 | Filled under Iraq Daily News |
Seeks compensation for theft of aircraft, spares during 1990 invasion Dubai: After a 21-year chase, Kuwait Airways Corporation (KAC) is confident it will be able to recover the full $1.2 billion (Dh4.4 billion) it is seeking in compensation from Iraqi Airways Company (IAC) for the theft of 10 aircraft and spare parts seized in the 1990 invasion of Kuwait, according…
United Nations Calls on the Iraqi Government to Carry Out Economic Reforms and the Elimination of Unemployment
| May 25, 2011 | Filled under Iraq Daily News |
Alsumaria News / Baghdad Invited the representative of the Secretary-General of the United Nations in Iraq ed Mleckert, Tuesday, the Iraqi government to carry out economic reforms and the elimination of unemployment and achieving social justice through the application of the principle of equal opportunities, stressing that the building of the future good of Iraq requires a good economy and a…
Conference in Baghdad to Discuss the Advancement of the Economy
| May 24, 2011 | Filled under Iraq Daily News |
BAGHDAD – Alaa Abdel-Sattar Held in Baghdad today, a major conference aimed at supporting the Iraqi economy, with a number of international organizations., “Said Ahmed al-Alwani, Chairman of the Committee on Economics in the House of Representatives in a special permit for morning: The conference will be held under the auspices of the World Bank and the United Nations…
Investigative Commission to Meet Over Ration Card Corruption
| May 23, 2011 | Filled under Iraq Daily News |
Baghdad, (AKnews) – The parliamentary commission investigating the case of the expired food products purchased between 2008 and 2010 as part of the national ration card scheme, is to meet on Monday. Commision chairman, Ahmed al-Alwani told AKnews that the “important” Monday meeting will be dedicated to examining the Ministry of Trade paperwork related to the purchase of the defective items.…
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