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| Wolfowitz looks at opening World Bank Iraq office |
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| World Bank President Paul Wolfowitz is considering expanding bank operations in Iraq. |
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Full Story Thursday, April 06, 2006 |
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| Revival of agricultural sector to strengthen Iraq business, employment |
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| In partnership with the Ministry of Agriculture (MOA) and two American providers – Case New Holland (CNH) and Massey Ferguson – the U.S. Agency for International Development (USAID) is training Iraqi mechanics and working to rehabilitate at least 5,000 inoperable tractors by September 2006. To date, 1,543 tractors have been repaired in workshops located around Iraq. |
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Full Story Thursday, March 30, 2006 |
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| Iraq to get $650.8 million reconstruction loan from Japan |
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| The government announced Tuesday that it will extend yen loans totaling $650.8 million (76.5 billion yen) for reconstruction in Iraq—its first such assistance to the conflict-ravaged country in 20 years. |
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Full Story Tuesday, March 28, 2006 |
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| GCC Investment Strategy and Sectors Outlook for 2006 |
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| Liquidity levels in GCC economies are rising fast on the back of high oil prices. This is also accompanied by rising economic growth, rising government surpluses and increased investments in infrastructure development in the GCC countries. |
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Full Story Friday, March 24, 2006 |
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| Japan’s Marubeni wins contract to equip Iraqi power plant |
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| Japan’s fifth biggest trading company Marubeni Corp. received an JPN 8.75 billion ($74 million) order from the Japanese government to equip a power plant it plans to build in southern Iraq as part of post-war reconstruction efforts, reported a leading Japanese business paper. |
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Full Story Friday, March 24, 2006 |
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| Irish company Petrel to reinvest in Iraq oil |
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| David Horgan, CEO of Petrel Resources, says the $5 million (€4.2m) his firm expects from its joint venture in Iraq’s war-torn oilfields will be reinvested in Iraqi exploration. |
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Full Story Thursday, March 23, 2006 |
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| Grants establish microfinance industry in Iraq |
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| The U.S. Agency for International Development (USAID) has awarded three grants – totaling $8.9 million – to establish a sustainable microfinance industry in Iraq. |
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Full Story Wednesday, March 22, 2006 |
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| Gulf investors look to diversify projects in Jordan |
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| Gulf investors are looking to diversify their projects in Jordan and expand into sectors other than real estate. |
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Full Story Tuesday, March 21, 2006 |
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