All news in section: Finance

 

Iraqi government plans to improve electricity next year

Read more

Thursday, July 29th 2010 10:44 PM

Baghdad, July 29 (Aknews) - An adviser in the outgoing Iraqi government said on Thursday that the Iraqi government developed a new plan to improve the production of electric power in the country during the next year.   "The government has developed a new plan drawn up by the Electricity and Planning ministries to improve the production...

 

 
 
 

Kurdistan gold import increased by nine times

Read more

Thursday, July 29th 2010 4:06 PM

Erbil, July 29 (AKnews) – The Kurdistan Region has imported nearly 10,000 kilograms of gold in the first six months of this year, nine times more than last year, a source at the Region’s Jewelry Control Directorate told AKnews.   Ismael Sabir, the technical administrator in Kurdistan Region's Jewelry Control Directorate said...

 

 
 
 

Iraqi government halts budget of Peshmarga forces

Read more

Wednesday, July 28th 2010 6:31 PM

Erbil, July 27 (AKnews) – The Kurdistan Finance Minister pointed out on Tuesday that the Iraqi government will withhold the four-year budget of the Kurdistan Region’s armed fighters, known as the Peshmarga. “According to the national law, the Iraqi government should have provided the four-year budget for the Peshmarga forces,” said Bayiz...

 

 
 
 

3,000 US tropps in Anbar to aid reconstruction

Read more

Tuesday, July 27th 2010 6:28 PM

Anbar, July 27 (AKnews) - A security official in Iraq's western Anbar province said on Tuesday that 3,000 US soldiers have arrived in the province for "non-military purposes, and will participate in the investment and reconstruction operations in the area, in cooperation with the province's investment committee.” He said the Anbar...

 

 
 
 

Kurdish farmers cannot afford imported trucks

Read more

Monday, July 26th 2010 2:49 PM

Erbil, July 26 (AKnews) - The head of Kurdistan Farmers Union told AKnews on Monday that despite contracts between the Union and car companies to provide 1,600 trucks to farmers in Kurdistan, farmers cannot afford the trucks.   KFU had placed an order for 4,000 Nissan Navara trucks with a local car import company, called Sardar, but...

 

 
 
 

Large Egyptian business delegation arrives in Erbil

Read more

Monday, July 26th 2010 1:26 PM

Erbil, July 26 (AKnews) – A delegation of Egyptian businessmen and officials arrived in Kurdistan Region’s capital, Erbil, late on Sunday, to explore business opportunities in the Region.  Naji Abdul Awla, a member of Egypt’s investment board, told AKnews that the 50-member delegation was here to study the situation and identify...

 

 
 
 

Egyptian trade delegation in Iraqi Kurdistan

Read more

Sunday, July 25th 2010 10:44 PM

Erbil, July 25 (AKnews) – The Kurdistan Cabinet advisor for international relations announced on Sunday that an Egyptian trade delegation will arrive to Kurdistan Region. "There are believes that the joint delegation will arrive to Kurdistan region at 9:00 P.M (Iraq time) via Erbil International Airport", said Jihan Rashid...

 

 
 
 

More diamonds imported as demand rises

Read more

Sunday, July 25th 2010 6:40 PM

Erbil, July 25 (AKnews) - A source at the directorate of jewelry quality control in Erbil told AKnews on Sunday that 19 kilograms of diamonds have been imported into the Kurdistan Region so far this year. And a diamond dealer says demand for diamonds has grown in the Region in recent months. “We check the diamond and other jewelry imported...

 

 
 
 

Kirkuk secured six months' oil budget

Read more

Sunday, July 25th 2010 3:19 PM

Kirkuk, July 25 (AKnews) – Kirkuk’s governor said on Sunday that the Iraqi government has allocated 132 billion Iraqi Dinars (ID) -- over $100 million -- to Kirkuk as its share of oil revenues in the first six month of this year. Kirkuk officials have repeatedly demanded the Iraqi oil ministry to allocate part of the oil...

 

 
 
 

Russian Neftegaz Export seeking oil privileges in Basra

Read more

Sunday, July 25th 2010 1:44 PM

Basra, July 25 (AKnews) – Official spokesman of Basra province, 550 south of Baghdad, said Sunday that a delegation from a Russian energy company Neftegaz Export has arrived to the city to discuss with the governor of the province company's oil prospects in a number of investment projects in Basra.Salem al-Taqi said Basra Governor Sheltagh...

 

 
 
 
 

MORE NEWS