May 21 2013
By Shaymaa Adel Azzaman, May 21, 2013 The volatility of the Iraqi currency, the dinar, is deterring both Iraqi and foreign entrepreneurs from investing in the country, the Central Bank said in a statement. The statement comes following a volatile period that has seen the dinar weakening vis-à-vis the U.S. dollar despite Central Bank’s measures [...]
May 20 2013
By Nouriddeen Hameed Azzaman, May 20, 2013 Scores of foreign firms have fled the restive Iraqi Province of Anbar, a senior provincial official said. The official, Saadoum al-Shaalan, said the flight of foreign firms comes amid an upsurge in violence that has swept the country in the past few months. Explosions and car bombings have [...]
May 19 2013
By Salam al-Shammari Azzaman, May 19, 2013 The latest upsurge in violence that has seen hundreds of fatalities in the past few days has prompted the Prime Minister Nouri al-Maliki to order the arrest of security chiefs in charge of areas where the explosions and car bombings have taken place. Maliki is commander-in-chief in Iraq [...]
May 17 2013
By Fatih Abdulsalam Azzaman, May 17, 20103 The corruption in Iraq has turned into a phenomenon, which is certain to be there for generations to come. The only way to put an end to it is through the formation of a national unity government that will make fighting corruption its top priority. There are two [...]
May 16 2013
By Dalya Ahmad Azzaman, May 16, 2013 The parliament has decided to call in the Finance Minister and heads of Iraqi banks following the latest slump in the value of the Iraqi dinar vis-à-vis the dollar. The move comes as the dinar dropped to more than 1300 to the dollar at a time the Central [...]
May 14 2013
Iraqi agricultural sector booming, says deputy minister By Khawla al-Aukaili Azzaman, May 14, 2013 Iraq currently has the ability to meet domestic needs for vegetables and fruits of different kinds, said deputy Agriculture Minister Ghazi al-Ubaidi. Ubaidi said the country has seen leaps in agricultural produce following the implementation of a self-sufficiency plan that was [...]
May 13 2013
By Shaymaa Adel Azzaman, May 13, 2013 Iraq’s Central Bank coffers brim with hard cash and in quantities never seen in its history, a Central Bank said. “The volume of hard cash reserves of the Iraqi Central Bank have reached $74 billion. This the highest figure of reserves ever in Iraq’s history,” the bank added. [...]
May 11 2013
By Salam al-Shamari Azzaman, May 11, 2013 Work has started in earnest on a new power plant that will specifically serve the inhabitants of the Province of Diyala, said Turath Al-Azawi the province’s information officer. The plant is one of the largest in the country and will generate 730 megawatts of electricity on completion, Azawi [...]
May 10 2013
Azzaman, May 10, 2013 Iraq is to build a new museum to house its archaeological riches, said the Minister of Tourism and Antiquities Liwa Sumaism Iraq is one of the world’s richest in archaeological sites and finds and scientists say the current museum in Baghdad no longer has enough space for the artifacts it receives. [...]
May 8 2013
By Ali Shattab Azzaman, May 8, 2013 The Trade Ministry has raised wheat and barley prices it offers to Iraqi farmers to encourage them to ferry their produce to state- run silos. The Grain Board of Iraq, a state-run firm affiliated to the Trade Ministry, says recent heavy downpours, particularly in southern provinces have delayed [...]
