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$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  
Investors ready for Iraq business as troops pullout  
ALL News  
 



Latest Iraqi Market News
 
Iraq says competition deciding factor in oil deals  
Iraq announced that it would be guided by the principle of competition when awarding contracts to global energy companies hoping to cash in on the country’s vast oil and gas fields.
Read Full Story Saturday, July 05, 2008
 
 
Iraq’s GDP to double by 2009  
Merrill Lynch expected Iraq’s nominal GDP to double by the end of 2009 on the strength of high oil prices and an increase in oil production.
Read Full Story Friday, July 04, 2008
 
 
Iraq eyes 44% budget boost to record 70bn  
Iraq''s Finance Ministry wants to raise its 2008 budget by 44 percent to a record $70 billion, cashing in on record oil prices to rebuild shattered infrastructure, the government''s spokesman said.
Read Full Story Friday, July 04, 2008
 
 
Iraqi businessmen call on Japanese companies to invest in Iraq  
Iraqi businessmen called on Japanese companies to invest in Iraq, while Japanese businessmen expressed readiness to come to Iraq.
Read Full Story Thursday, July 03, 2008
 
 
Iraq establishes new oil company  
The Iraqi government is to establish a new oil company with a proposed capital of more than 9.5 billion Iraqi dinars (USD 7.9 million) and converting Maysan oil fields into a public company and disassociating it from the a statement to KUNA.
Read Full Story Thursday, July 03, 2008
 
 
Baghdad has hired thousands of independent contractors to complete small-scale projects that are beginning to dot the shattered cityscape  
Since the 2003 invasion, piles of rubble and filth have become the new icons of Baghdad. Broken sidewalks, gaping potholes, hulking neighborhood ramparts, concertina wire and other impediments have made movement through the city, either by car or on foot, slow, hazardous and demoralizing.
Read Full Story Thursday, July 03, 2008
 
 
Iraq may be a tough market, but for those prepared to take the plunge, the potential rewards are enormous  
When Wilson Varghese, president and CEO of Kalimat Telecom, pitched the idea of establishing a nationwide fixed-wireless voice and data network in Iraq in 2004, many investors thought the idea was little more than a brave but foolhardy venture with little chance of success.
Read Full Story Wednesday, July 02, 2008
 
 
Turkish delegation expressed intention to invest in Iraq  
The major aim of the Turkish delegation that recently visited Iraq is the Turkish government’s intention to invest in the country, in the fields of electricity, power, and transportation, the Iraqi Ministry of Trade’s media spokesperson said.
Read Full Story Wednesday, July 02, 2008
 

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