You are hereHome SectorsIraq

Iraq

FEATURED REPORT...
Posted: 24-07-2011
IRAQ. The Ministry of Oil of Iraq has signed an Implementation agreement for the construction under BOO terms of the Refinery of Karbala with RKC (Refinery of Karbala Corporation Ltd.) The new Refinery will have a daily capacity of 200,000 barrels of Crude Oil and will produce high quality, high octane gasoline (regular and premium) as well diesel fuel for the domestic market. “Karbala Refinery will be located 100km south of Baghdad on a 6 square kilometer plot of land, and will be the most advanced state of the art refinery with almost full conversion rate and with an estimated cost of
Posted: April 16, 2014
UAE. MEED's latest forecast is that new contract awards in the GCC will approach US$150 billion in the year ending 2014 compared with about US$135 billion in the previous 12 months.
Posted: April 13, 2014
UAE. Eight MENA countries included in the Social Progress Index ranking 2014:UAE ranks 37th followed by Kuwait 40th, Saudi Arabia 65th, Jordan 75th, Lebanon 83rd, Egypt 84th, Iraq 118th and Yemen 125th; Social Progress Index enables better understanding of worldwide progress and growth.
Posted: April 11, 2014
IRAQ. Iraq Future Energy Summit will provide an opportunity to hear experts involved with Iraq's energy sectors discuss the key issues affecting and aiding progress.
Posted: April 11, 2014
INTERNATIONAL. Down 550,000 barrels per day from February on Saudi, Iraqi and Libyan cuts, according to the latest Platts survey of OPEC and oil industry officials and analysts.
Posted: April 10, 2014
INTERNATIONAL. OPEC foresees gradual increases from Iraq and Iran, while Libya is capable of boosting output by as much as 1 million barrels within a month, Secretary-General Abdalla El-Badri said.
Posted: April 1, 2014
IRAQ. Contract with Eni Iraq B.V., valued at close to 400 million euros, to build the 740 MW Zubair gas-fired power plant, near Basra in southern Iraq.
Posted: March 25, 2014
INTERNATIONAL. Iraq bought 36 metric tons of gold this month, the largest purchase by a nation in three years; The country held about 29.8 tons of bullion as of August.
Posted: March 11, 2014
INTERNATIONAL. Production climbed by 240,000 b/d following a surge in Iraqi exports and despite new setbacks in Libya, a just-released Platts survey showed.
Posted: March 10, 2014
UAE. UAE, Oman and Iraq lead Middle East transactions; Upstream dominates Middle East oil and gas sector in 2013 in terms of number and value.
Posted: February 27, 2014
UAE. Iraq's cabinet has approved opportunities for investment for up to 6,000MW of new power capacity, MEED's Iraq Energy Projects conference has been told.
Posted: February 24, 2014
UAE. Iraq pushing bid to revitalise hydrocarbons industry with US$145 billion projects planned or underway, according to MEED's Gulf Projects Index.
Posted: February 21, 2014
IRAQ. "This new office gives us a powerful tool to leverage and amplify the enormous skills of our professionals who bring expertise from across the globe to the exciting possibilities we see in Kurdistan."
Posted: February 11, 2014
IRAQ. Under terms of the contract, Siemens will supply and deliver spare parts for the plant's four gas turbines as well as perform significant upgrades.
Posted: February 7, 2014
IRAQ. "Iraqi security forces and officials act as if brutally abusing women will make the country safer," HRW deputy Middle East and North Africa director Joe Stork said.
Posted: February 5, 2014
IRAQ. Four bombs struck near Baghdad's heavily-fortified "Green Zone" and a busy square in the center of the capital on Wednesday, security sources said.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
dhgate