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Iraq imports 550 Megawatts of electricity from neighboring countries  
$240 million mobile power station near Sulaimaniya  
$600 million World Disney in the Iraqi city of Karbala  
Increase in the number of subscribers for Internet service in Iraq  
Paris Club lenders complete Iraq debt forgiveness  
Real Estate bank continues in granting loans for housing construction  
Iraq’s electricity problem to be over by 2011 – minister  
ALL News  
 



Latest Iraqi Market News
 
Iraq imports 550 Megawatts of electricity from neighboring countries  
The Iraqi Ministry of Electricity announced that the country imports currently 550 Megawatts of electricity from neighboring countries, after it was imported energy was cut from Turkey that was 250 Megawatts due to expiration of the contract, which was one year.
Read Full Story Monday, January 31, 2011
 
 
$240 million mobile power station near Sulaimaniya  
Construction works have begun on a project to install a mobile electricity distribution station in Klar district, southern Sulaimaniya, at a total cost of $240 million U.S. dollars.
Read Full Story Tuesday, December 30, 2008
 
 
$600 million World Disney in the Iraqi city of Karbala  
The Assistant Director of the investment Authority in Karbala, Jamal Al-Hajj Yassin, stated that the Commission was able to get investors of more than 600 million dollars to build a residential complex and specialized hospital.
Read Full Story Tuesday, December 30, 2008
 
 
Increase in the number of subscribers for Internet service in Iraq  
The General Company for International Network expected in the Ministry of Communications, expected a significant increase in the number of subscribers for Internet services in the coming months.
Read Full Story Monday, December 29, 2008
 
 
Paris Club lenders complete Iraq debt forgiveness  
The Paris Club of creditor nations recently announced it has canceled a final $7.8 billion of Iraqi debt dating from the Saddam Hussein era.
Read Full Story Monday, December 29, 2008
 
 
Real Estate bank continues in granting loans for housing construction  
Real Estate Bank revenue has exceeded 23 billion dinars over the past few months of this year, while the loans granted to citizens amounted to 168 billion dinars in the same period.
Read Full Story Monday, December 29, 2008
 
 
Iraq’s electricity problem to be over by 2011 – minister  
Iraqi Minister of Electricity Kareem Waheed said the problem of electricity will be over once and for all by the year 2011, referring to contracts signed by his ministry recently to build power stations at combined capacity of 10,200 megawatt.
Read Full Story Monday, December 29, 2008
 
 
Investors ready for Iraq business as troops pullout  
Major businesses have lined up billions of dollars for investment in southern Iraq, where oil riches and long-term opportunities beckon, preparing to move in even as Britain prepares to pull its troops out.
Read Full Story Monday, December 22, 2008
 

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