Iraq’s Minister of Water Resources, Dr. abdul-Lateef Jamal Rasheed, has revealed future plans to generate more electricity by water power, saying that a dam building programme is being planned by the ministry to raise total capacity to 2,900MW.

Iran-Iraq Chamber of Commerce, Industry and Mines has called for establishment of branches of Iranian banks in Iraq.

Iraq's Industry Minister opened the door Wednesday to reimbursing the United States for at least some of the billions of dollars spent for reconstructing the country.

The European Union has agreed gas deliveries of 7 billion cubic metres annually with Egypt and Iraq, Energy Commissioner Andris Piebals announced Monday in Brussels.

Versar, Inc. announced today an award of an additional $21 million. This is the second option year of its existing contract to provide professional management services for approximately 400 personnel involved in construction management for the Army’s rebuilding efforts in Iraq.

Iraq yesterday signed two deals worth US$5 billion ($6.37 billion) to buy 40 planes from Boeing and 10 planes from Canada's Bombardier to upgrade Iraqi Airways' ageing fleet, the finance minister said.

Iraq's oil ministry said it has postponed the deadline for bids to develop the Akkas gas field, a prized natural gas field in western Iraq, until May 18.

The American Middle East Economic Affairs Committee (AMEEAC) is proud to announce today that Iraq's Minister of Industry and Minerals will be a special guest and keynote speaker at the third biennial US-Arab Economic Forum in Washington, D.C. on May 7-9, at the Hilton Washington.

Alternative investment firm Godvig Capital plans to double its Iraqi-listed equity holdings in 2008, betting on rising foreign investment and oil-industry restoration.

Iraq and Egypt have agreed to establish joint investment cooperation between Iraqi and Egyptian businessmen to support the investment process between the public and private sectors; the cooperation should include ten members of the Egyptian side and the same number of Iraqis.

Kurdistan's agriculture ministry signed on Monday an agreement for agricultural cooperation in Spain with Murcia province, the ministry said.

Saudi Basic Industries Corp, the world’s largest petrochemical firm by market value, may invest $5 billion in Iraq as competition for energy at home forces it to search for cheap gas in riskier Mideast locations.

Farmers have hailed the resumption of trade as "terrific news" and say Iraq could once again become one of Australia's major wheat markets.

Proactive Communications, Inc. (PCI), a trusted all-conditions worldwide SATCOM provider, today announced an agreement with the Joint Contracting Command Iraq (JCC-I) for Task Force Iron (TFI) – a military force operating in northern Iraq, consisting of soldiers from multiple units based in Germany and United States – to deploy a satellite Internet and voice solution.

Llewellyn Werner admits he is facing obstacles most amusement park developers never have to deal with – insurgent attacks and looting.

Italian energy giant Eni is considering investing in Iraq with the expected passage of new legislation on oil revenue distribution, the daily Corriere della Sera reported Monday.

Iraq may drop oil service deals with oil majors if they fail to sign the contracts by June, Iraqi Oil Minister Hussain al-Shahristani said on Tuesday.

Iraq's Grain Board purchased 100,000 tonnes of US hard red winter wheat and 100,000 tonnes of Australian wheat in an effort to ease shortages from insufficient purchases last year, Iraqi traders said on Tuesday.

Iraq is on its way back into the regional and international political arena, US Secretary of State Condoleezza Rice declared in Bahrain yesterday. She was speaking as the historic Manama Declaration was issued, following the '6+2+1' talks between the six GCC states, Egypt, Jordan and the US.

The Director of Babel Agriculture, Engineer Fadhil Hussein, has announced the province's intention to establish an agricultural airport at Al-Kifl area, for the purpose of combating pests and diseases that adversely affect the agricultural production.

The European Union says it is about to reach an agreement with Iraq over the next few weeks, according to which Iraq will provide the Union with gas and crude oil.

Iraq's ministry of agriculture continues to support farmers and peasants in all governorates allotting IQD 300 billion to raise the standard of agriculture in Iraq according to development plans adopted by the ministry.

The engineering and technical cadres in the National Center for Laboratories and Building Researches of the ministry of Reconstruction and housing have started the soil analyses of the site proposed for Basra sports city.

The European Commission is close to signing a preliminary agreement on energy cooperation with Iraq, Commission President Jose Manuel Barroso said on Wednesday after talks with Iraqi Prime Minister Nuri al-Maliki.

Iraq's Umm Qasr port has taken delivery of around 145,800 tonnes of mainly US hard red winter wheat mainly from last year's purchases, officials and shipping sources said.

Versar, Inc. announced today it was awarded a contract to provide Professional Management Services and Staff Augmentation toa confidential client in Iraq with a $4.3 million ceiling. Under this new contract, Versar will assist the US Government in specialty areas related to management, security, and strategic planning for the next two years.

Iraq's government and Kurdish officials will resume talks soon to try to iron out disputes holding up a landmark draft oil law, the deputy speaker of parliament said on Tuesday.

Aircraft maker Bombardier Inc. said it has won an order for four CRJ900 jets valued at $159 million from the Iraqi government as the war-torn country tries to rebuild civilian airline service.

An industrial complex in Iraq has quadrupled its employment and productivity over the last three months, and a team from Multinational Division Center is helping the companies keep their labor force healthy.

Helge Edi, Executive Chairman of the Independent Norwegian Company D.N.O, said that the company specialized in the production of oil is "fully confident" that it will get a license for the export of oil from Iraq in 2008, which will enable it to double its production.

Iraq bankers are participating in the works of the yearly banking conference held in Cairo and organized by Union of Arab Banks.

UmQasr, a port city southeast of Basra, is filled with daily activities, as Iraqi workers load export and unload imports.

With aid from the Kurdistan government, the U.S. Army Corps of Engineers helped open a government complex less than a year after an explosion ripped it apart.

BP Plc hopes to sign within a few months a service contract designed to boost output in Iraq by 100,000 barrels per day (bpd), a senior BP executive has said.

The Iraqi Council of Representatives will likely consider this week two new draft reform bills attempting to solidify the nation's oil law, Energy Committee Chairman Abdul-Hadi al-Hassani said. Under the first draft law, the state-run and government-funded Iraqi National Oil Company will be reestablished to operate alongside the North Oil Company and South Oil Company.

The Iraqi government has made its case for why Iraq should be put on the fast track for World Trade Organization membership, citing its plentiful oil resources and strategic position in the Middle East as great opportunities for the global expansion of commerce.

Iraq said it has signed a contract worth $5.5 billion dollars with Boeing to buy 40 new aircrafts, with an option to buy 15 more.

Royal Dutch Shell is ready to help Iraq boost oil production once that country's government finalizes a petroleum law covering big energy projects, the head of the oil giant said.

2008 will be the year of great services; this was the promise of the Chief Executive of the company Zain Iraq Telecom, Mr. Ali Aldahwi. In an interview, he stressed that Aldhoe Zine consistently to provide the best permanent network users.

Iraq will channel an additional $5 billion to its budget by the end of June, according to government spokesman Ali al-Dabbagh. The government will be investing the money generated from increased oil revenue in infrastructure and services, Al-Dabbagh said in a statement on Monday.

The Iraqi oil ministry has invited international and domestic oil companies to bid for contracts providing technical support for two major oil fields in Iraq.

A US reconstruction team working in Iraq's Wasit province funded an engineering college to support Iraq's need for qualified workers to rebuild the country.

Iraq’s Ministry of Industry and Minerals has identified 45 state owned enterprises (SOEs) that will be offered up for investment to local and international companies as part of wide ranging plans to inject foreign capital into the country’s industrial sector.

The U.S. Agency for International Development (USAID) announced today that its private-sector development program in Iraq, known as Izdihar ("prosperity" in Arabic), has helped provide more than $150 million in micro-loans since the start of U.S. government microfinance assistance to Iraq in 2003.

Roula Khalaf and Steve Negus, have both written an article published by the newspaper Financial Times under the title Taboo fields: Oil groups compete to win the prize of Iraqi enormous reserves in which they said that the company Royal Dutch Shell is working quietly and in secret with the Iraqi Oil Ministry over the last two years advising it on how to increase production in two fields of oil, under an agreement signed after the invasion in 2003.

Dubai Ports World, a Dubai government owned company, is preparing to enter the Iraqi market to take advantage of growing investment opportunities.

Yalova - A company operating in north-western province of Yalova`s Ciftlikkoy town exported 58,000 flowers to Iraq.

The company of Ittisaluna for fixed wireless communications and internet services has started its work in Baghdad and Basrah and has prepared a plan to cover all the country with its network from the beginning of next year.

Iraqi Trade Minister Abd al-Falah Hasan al-Sudani called on Turkish entrepreneurs to invest in his country.

Russian companies are prepared to become more closely involved in the reconstruction and modernization of Iraq's economy, primarily in the energy and oil and gas sectors, the Russian president said.

Iraq's Oil Ministry has signed a contract with the Colorado Industrial Construction Services Co. to help expand a refinery in Najaf, south of Baghdad, an official said Wednesday.

Contracts were signed on Wednesday with a number of contractors in Muthanna province to execute 24 commercial buildings, in the center of Samawa city.

Kuwaiti delegation in Irbil confirms his country's support to Baghdad, politically and economically.

The Iraqi government is expected to pay up to $2.5 billion to five top oil companies to increase the country's oil output by nearly a quarter, a government adviser has said.

Iraqi Minister of Industry Fawzi Hariri has discussed with his Syrian counterpart Fuad Issa al-Jony the existing cooperation between the two countries in the field of industry and ways of further developing them.

Arab lawmakers urged Middle East states on Thursday to resume diplomatic links with Iraq, after the largest gathering of Arab officials in the country since before the first Gulf War in 1991.

The Iraqi Stock Exchange (ISX) opened its session on Thursday with a 5-million-share contract at a value of 1.300 Iraqi dinar (1 US dollar = 1,221 Iraqi dinars) per share.

Project Iraq, a subcommittee of the student group PANGEA, will raise money at Carmichael and Dewick-MacPhie dining halls tonight for its project to put water purification systems in Iraqi schools and hospitals.

The water bottles, plastic foam plates and other trash discarded by American troops in Iraq's mess halls may soon be serving double-duty as an unlikely power source to illuminate barracks and power up laptops.

Life in the Iraqi village of Al Zatia has just gotten better thanks to new windmill-powered water pumps. Installed by the US military and private contractors, these are the first of what is hoped will be many windmill-powered water pumps in that nation.

A delegation of high level officials from Iraqi State Oil Marketing Organization (SOMO) is set to arrive in Turkey late March to meet Turkish officials to discuss operation of oil fields in Iraq and Turkey, as well as construction of new pipelines and refineries.

Director-General of Al-Rafidein governmental bank, Abdul Hussein Al-Yasiri, has said that the efforts "Focus now on the restructuring of the bank to develop it and bring it to the ranks of global banks, especially since it was among the best one hundred bank in the world." He pointed out that it profits "Exceeded 722 billion dinars (About $600 million dollars) last year, at an increase of 125% from 2006."

Trade volume between Turkey and Iraq will probably exceed $10 billion as of next year, Ercument Aksoy, chairman of Turkish-Iraqi Business Council, has said.

The US Air Force Center for Engineering and the Environment announced it has contracted Versar Inc. for nine additional construction projects in Iraq.

Iraq intends to purchase two ships, one for the transport of grain with the capacity of 50 tons and the second accommodate payload of 6 thousand tons of different cargo, in a step described by the Director General of Water Transport in Iraq, Kazim Tahir Hashim, as a beginning to build a new Iraqi commercial fleet.

Hundreds of Iraqi investors are rushing to set up their own small and medium-sized enterprises despite an uncertain business climate in the country as they bet on an economic recovery and an improving security situation.

Iraq's grain board has issued a new tender to buy 50,000 tonnes of hard wheat from any origin, its fourth tender this year, the Iraqi Trade Ministry says.

Enterra Solutions, LLC announced today the former Regional Team Leader for the United States Agency for International Development (USAID) Local Governance Program in Iraq (LGP), Anthony D. Sinnott, has been named the company’s Director of Operations for the Kurdistan Region of Iraq.

Iran has allocated $1 billion in loans for infrastructure projects in Iraq, a senior Iranian official said ahead of a historic visit to Iraq by President Mahmoud Ahmadinejad.

UAE-based Dana Gas will begin supplying gas to the Kurdish region from a field in northern Iraq by mid-year, six months later than first planned, Dana said on Sunday.

Western companies risk losing out to emerging competitors if they delay investment in Iraq, according to the former Iraq ambassador to the UK.

Iraqi, Turkish and US officials are scheduled to meet in Istanbul on Saturday for a meeting that will focus on energy issues amid frenzied diplomatic correspondence between Ankara, Baghdad and Washington.

Etisalat of the United Arab Emirates is close to striking a deal to form a joint venture with a mobile operator in the Kurdish region of Iraq, the Abu Dhabi-based company's chief executive says.

Iraqi Electricity Minister Karim Wahid urged the government to double his ministry's budget to allow swifter rehabilitation of the country's battered power network in comments published on Wednesday.

A navigational source said on Tuesday that Iraqi oil from Kirkuk crude stored in tanks in Turkey reached 2.8 million barrels and pumping still continues in the northern pipeline at 480 thousand barrels per day.

A number of economic researchers stressed the need for using modern techniques which will accompany foreign investors in developing the Iraqi oil sector, taking into consideration the national interest and not compromising the sovereignty of Iraq.

Foreign private security companies in Iraq are operating in a legal grey area that means their victims have little recourse to justice despite U.S. steps to increase supervision, contractors and lawyers say.

Iraq's defence minister said on Saturday that his country needs US troops to protect its borders and also for "strategic deterrence."

Iraq will seek to reach a long-term political agreement that defines its relationship with the US, but will not approve a long-term military agreement that would include permanent American bases in Iraq, an Iraqi minister has said.

Kuwaiti mobile phone firm Zain has said it would expand its coverage to the whole of Iraq by the end of 2008 after buying the Iraqi unit of Egypt's Orascom Telecom and building up its network.

A parliamentarian from the Sunni National Dialogue Front (NDF) has called for supporting the Iraqi agricultural and industrial sectors in a way that enables the country to achieve self-sufficiency and reduce its imports to a minimum.

The Iraqi Ministry of Finance will grant the Land Bank $82 million in a bid to boost its loan facilities, the finance minister said on Sunday.

French oil major Total plans to register its interest in helping to rebuild Iraq's shattered oil industry, once concerns over security have been alleviated.

The Iraqi Ministry of Industry and Minerals has set aside IQD 60 billion to rehabilitate the iron and steel plants which were severely damaged in 2003.

Iraq will sign a contract with the US Boeing to buy 40 of its passenger aircrafts and will re-open several airways between Baghdad and a number of Arab and foreign countries, Iraq's deputy transport minister said on Wednesday.

US Secretary of Commerce Carlos Gutierrez, insisting that security in Iraq has improved, has urged business people to look at potential opportunities to invest in the country.

Trade Bank of Iraq, established in 2003 to finance trade and help in the reconstruction of the country, plans to issue about $7.5 billion in letters of credit this year, its chairman said.

CNH today announced its participation in the second in-person meeting of the U.S.-Iraq Business Dialogue (USIBD) in Baghdad.

The Russian Foreign Minister, Sergei Lavrov, has said that Russia will make investments in Iraq's oil, gas and electricity projects.

Statistics on Iraqi economy will be published in a periodic bulletin issued by the International Monetary Fund (IMF) as of early March 2008, according to the statement.

The Russian and Iraqi governments have signed an agreement Monday that will write off Iraq's debt by 91%.

Versar Inc. has announced that the U.S. Air Force Center for Engineering and the Environment (AFCEE) have awarded Versar a $3.5 million task order modification for expanded Foreign Military Sales (FMS) Construction Management and Quality Assurance operations in Iraq.

An Iraqi trade delegation has arrived in Ahvaz to discuss ways to expand trade between the two countries.

Agility, the region's leading global logistics provider, has further expanded its presence in the region with a joint partnership that opens up its operations in the Kurdistan region of Iraq.

Iraqi Finance Minister Bayan Jabr Solagh has cal