Iraq’s southern province expects bumper harvest

By Ali al-Fiyahd Azzaman, April 30, 2012 The southern Province of Wasit has readied 350 mechanical harvesters for what the provincial authorities described as a “bumper harvest.” Wasit is an agricultural province and was for decades seen as Iraq’s breadbasket in the south. But decades of neglect and wars led to drastic decline in its [...]

Iraqi refugees in Syria: the forgotten victims of an intractable crisis

Azzaman, April 28, 2012 Many Iraqi refugees in Syria seriously consider leaving their host country but have almost no options available. Syria was the haven to which more than 1 million Iraqis fled the violence that engulfed Iraq following the 2003-U.S. invasion. Syria welcomed them with open arms. Despite its meager resources, the Iraqis were [...]

Iraq allocates more than $470 million for scholarships abroad

Azzaman, April 26, 2012 Allocations for scholarships abroad have surged fivefold to cater for thousands of Iraqi willing to complete their higher studies at prestigious foreign universities, said the Director-General of Scholarships Waleed al-Jawhar. Jawhar said the allocations have skyrocketed to $471 million this year from $90 million last year. Jawhar made the remarks during [...]

Iraq’s April oil exports largest since 1989

By Ali Shattab Azzaman, April 25, 2012 Iraq’s oil exports in April surpassed the monthly export rate shipped abroad in the years since 1989, Oil Ministry spokesperson Asem Jihad said. It is the first time in more than 20 years Iraq’s exports as many as 71.8 million barrels of oil in month, said Jihad. Jihad [...]

Southern province allocates $250 million for construction of power plant

Azzaman, April 24, 2012 The impoverished Province of Missan has earmarked 250 billion Iraqi dinars (approx. $250) for the construction of a new power plant. The plant is the largest to be built in Missan of which Amara is the provincial capital. Missan is the site of some of Iraq’s most prolific oil fields. It [...]

Iraq to boost oil exports to 6 million barrels a day by end of 2013

By Adel Kadhem Azzaman, April 23, 2012 Iraq says its current oil development schemes should see its oil exports rise to six million barrels a day by the end of 2013, Oil Ministry spokesperson Asem Jihad said. Jihad made the remarks as Iraq inaugurates a second export platform on the head of the Gulf on [...]

New housing projects for Baghdad

By Ali Shattab Azzaman, April 22, 2012 The Baghdad Municipality is offering contracts for the constructions of more than 350,000 residential units in the capital and its suburbs. A statement by the municipality says land, designs and licenses are ready for investors and contractors willing to have a stake in the building of what should [...]

Iraqi Kurds announce new oil discovery

By Siri al-Rawi Azzaman, April 19, 2012 Iraqi Kurds say they have struck a new oil find at the disputed district of Shaikhan, north of the city of Mosul. The discovery of reserves of up to 917 million barrels in an area close to Mosul, which is the capital of the Province of Nineveh, is [...]

Qaeda leader suicide bombs himself and family in Iraq

By Hussein al-Yaaqoubi Azzaman, April 18, 2012 An al-Qaeda leader has suicide bombed himself, his wife and two children following a skirmish with the Iraqi troops, an Iraqi official said. Ahmad al-Zarkoushi, the administrative director of al-Saadiya district, said two explosive belts were blown up simultaneously as the troops were about to storm the Qaeda [...]

Central Bank fails to stem Iraqi dinar’s weakening vis-à-vis the dollar

By Zeena Sami Azzaman, April 17, 2012 Despite the sale of hundreds of millions of dollars in the past few weeks, the Iraqi Central Bank has failed to stall the dinar from depreciating. The dinar has lost about 11 percent of its value against the greenback in the past few months, falling to 1300 from [...]