Daimler Inks Partnership Deal in Iraq

Iraq's State Company for Automotive Industry has signed a partnership agreement with German automaker Daimler for the supply of complete Mercedes-Benz trucks and assembly kits.

Ford Middle East Upbeat About 2010

Larry Prein, the new managing director of Ford Middle East, has said the US carmaker has recorded about 15% growth in the region during last year's Q2 over Q1, and an additional 10% growth in Q3 over Q2, while keeping the momentum in the final quarter.

Itisaluna Leverages RoutoMessaging for Global SMS Coverage

RoutoMessaging today announced that Iraq's national fixed wireless voice and data provider, Itisaluna Abr Al Iraq, has begun using its global SMS services enabling millions of subscribers to send and receive texts to and from people anywhere in the...

Opec Quotas for Iraq’s Oil Won’t Come Quickly, Says Cartel Chief

The Opec oil cartel is hardly known for its nimble decision making. Its country members are so entrenched in their ways that they still use a long-out-of-date set of production capacity numbers to decide how the group’s quota is divided among its...

LUKOIL to Invest over USD 30 Bln in Iraq’s Qurna-2 Oil Field

Russia’s oil major LUKOIL plans to invest 30 billion U.S. dollars in the development of the Qurna’2 oil field in Iraq, the company’s CEO Vagit Alekperov said at a meeting with Prime Minister Vladimir Putin on Monday.

Iraq To Invite Bids For $3 Billion Baghdad Railway Project

Iraq's government plans to invite foreign companies to build an estimated $3 billion railway line around Baghdad that will interconnect with other parts of the country and improve transportation of people and goods in the capital.

China Cancels 80 Percent of Iraq Debt: Finance Ministry

China has agreed to cancel 80 percent of the 8.5-billion-dollar debt it is owed by Iraq, the finance ministry in Baghdad said in an official statement on Tuesday.

China Cancels 80 Percent of Iraq Debt: Finance Ministry

China has agreed to cancel 80 percent of the 8.5-billion-dollar debt it is owed by Iraq, the finance ministry in Baghdad said in an official statement on Tuesday.

100 Trade Agreements With Iraq

Iran and Iraq have signed 100 memoranda of understanding since 2003 to boost economic cooperation, an Iranian official says.

Americans to Build Archeological Institute in Arbil – Source

Arbil’s governor on Tuesday discussed with a U.S. delegation the establishment of an archeological institute in Arbil city.

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