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Saudi Telecom eyes MENA acquisitions

Confident of securing funding for any deals, STC is looking at expanding into new territory, including Iraq.

October 11, 2011 10:52
 

Iraq postpones handover of city security to police

Full handover of Iraqi city security to police postponed; Al Qaeda affiliates still seen as real threat.

October 9, 2011 6:00
 

Iraq awards $650M in power plant deals

Iraq's cabinet on Tuesday approved projects to build two power stations in southern Iraq with investments of more than $656 million, an Iraqi government spokesman said.

September 28, 2011 2:19
 
Iraq reworks fees to bolster 4th energy auction

Iraq reworks fees to bolster 4th energy auction

Fee structure change to cut subcontract costs; Auction to boost Iraq oil and gas reserves; Companies look for foothold in Iraq despite risks

September 13, 2011 1:07
 
Iraq bars Hess from auction over Kurdish deals

Iraq bars Hess from auction over Kurdish deals

Central government considers Kurdish contracts illegal; 4th bid round scheduled for late January

September 6, 2011 4:09
 
Safe Haven–Iraqis travel to Kurdish region for fun and safety

Safe Haven–Iraqis travel to Kurdish region for fun and safety

More than 100,000 Iraqis visit Kurdish region over Eid, with Arbil becoming a favourite tourist site, with its shopping malls and amusement parks.

September 5, 2011 1:22
 
Letting go—Big oil companies may have to give up Iraq gas

Letting go—Big oil companies may have to give up Iraq gas

Dry gas would be valued at around $5.78/mmbtu at current prices; 4 million tonne/year LNG export plant possible in seven years; Oil ministry may prevent rival bids to limit gas supplies

August 29, 2011 5:04
 
Sluggish—Shell, Iraq venture sets off to a sticky start

Sluggish—Shell, Iraq venture sets off to a sticky start

Lack of oil and gas laws and the presence of deal opposition could complicate Iraq’s venture with Royal Dutch Shell, which is essential for its multibillion-dollar infrastructure plans.

August 23, 2011 1:29
 
Wishful thinking—Should Iraq reach for the stars or go back to basics first?

Wishful thinking—Should Iraq reach for the stars or go back to basics first?

Scepticism abound on Iraq’s ambitious multibillion projects as Iraqis are left preoccupied with getting basic utilities. And, budget shortfalls aren’t helping the cause.

August 22, 2011 12:22
 
Power brokers—Iraqis remain in the dark as electricity minister gets sacked

Power brokers—Iraqis remain in the dark as electricity minister gets sacked

The dismissal of the electricity minister could hinder urgent efforts to tackle chronic electricity shortages in Iraq, as the government cancels $1.7 billion in energy contracts and reviews another.

August 8, 2011 10:03
 
Revving up: Iraq’s car factory shows road ahead for industry

Revving up: Iraq’s car factory shows road ahead for industry

Though Iraq's industrial sector contributes only 2 percent to the GDP, the government has pumped $2 billion over the past three years into some of its 260 factories

July 28, 2011 12:01
 

Iraq aims to lift 2012 investment budget to $51B

Iraq is looking to raise its 2012 investment budget to as much as 60 trillion Iraqi dinars ($51 billion) to inject more money into ongoing investment projects and to start new ones, its planning minister said. - Reuters

July 25, 2011 3:10
 
Breaking the monopoly: Iraqi banks struggle with limited services, capital

Breaking the monopoly: Iraqi banks struggle with limited services, capital

Iraq’s banks muddle through as state banks hold business monopoly while private banks lack capital. Lack of an updated centralised system could be one of the culprits, no?

July 21, 2011 12:24
 
Iraq plans new Europe accounts to protect $15.6B oil money

Iraq plans new Europe accounts to protect $15.6B oil money

Iraq plans to open accounts at three central banks in Europe, seeking protection for Iraqi funds after May 2012

July 12, 2011 9:47
 
Tale of two ports strains Iraq-Kuwait ties

Tale of two ports strains Iraq-Kuwait ties

Rival port projects face off across key access waterway; Iraqis fear Kuwaiti megaport will monopolise traffic; U.N. urges both sides to settle row through diplomacy - Reuters

July 2, 2011 10:24
 
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