Month: January 2013

Iraq Polttical News: Iraq gearing up to conduct local elections in April

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Iraq’s Independent High Electoral Commission (IHEC) unveiled last week its plans for conducting local elections in most of the provinces in the country, scheduled for April 20th. Among other efforts, the IHEC started preparing needed election items such as ballot boxes, secure bags, ink and ballots to outfit balloting centres, said Sarbast Mustafa Rasheed, chairman… Continue reading

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Iraq Construction News: Construction begins on medical city in Baghdad

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Work has begun on building an integrated, modern medical city in the centre of Baghdad, slated to provide services to citizens free of charge, the Iraqi government announced last week. In building the medical city, officials seek to “boost the state of medical services offered to citizens especially in view of the increase in the… Continue reading

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Iraq Energy News: Iraq Begins Project to Harness Solar Power, Wind Energy

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A project to generate electricity from solar energy and wind power in 15 remote Iraqi cities is now under way, the Iraqi Ministry of Electricity said. “Iraqi companies have already started building integrated complexes for solar cells and towers to generate electricity from wind, to provide an equivalent of 5.5 megawatts of electricity a day,”… Continue reading

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Iraq Technology News: Iraq’s hackerspace

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Politicians, generals and clerics have all played their part in shaping the new Iraq, with varying results. Now the geeks are giving it a shot. In recent months, Baghdad residents from science, engineering and tech backgrounds have been meeting regularly to participate in Iraq’s first “hackerspace.” Known as Fikra Space, from the Arabic word for… Continue reading

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Iraq Political News: Iraqi parliament adopts law to block Maliki’s third term

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The Iraqi parliament voted on Saturday to pass a law that seeks to prevent Prime Minister Nuri al-Maliki from seeking a third term in office, a move dubbed by the prime minister’s State of Law Coalition as “unconstitutional.” “Why wasn’t there a proposed law to fix the prime minister’s terms during the heightened Iraqiya List… Continue reading

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Iraq kicks off ‘Innovative Youth Competition’

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The Iraqi Ministry of Higher Education and Scientific Research launched the country’s first annual “Innovative Youth Competition”, the ministry announced Sunday (January 20th). The competition aims to motivate Iraqi university students, as well as young non-students, by developing their skills and potential and supporting their creative projects, ministry spokesman Qassim Mohammed told Mawtani. Competition participants… Continue reading

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Iraq Oil News: Iraq tackles oil buyers’ concerns in 2013 marketing push

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Iraq has sweetened terms for oil contract buyers and is becoming more competitive on pricing, buyers of its oil said, part of a marketing push by the world’s fastest growing exporter to secure customers. Iraq has worked to address concerns of buyers over higher prices and the variable quality of its oil. Oil Minister Abdul… Continue reading

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Oil News: China to become major consumer of Iraqi oil

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Oil giant wants to buy 60% of Exxon Mobil stake for $50b, reports say The energy giant China National Petroleum Corp is looking to expand its business in Iraq. US oil company Exxon Mobil Corp wants to sell stakes in the West Qurna phase 1 oilfield in Iraq, and CNPC unit PetroChina, China’s largest energy… Continue reading

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Chinese Yuan News: In Some Trade, China Currency Replacing Dollar

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The almighty dollar is still almighty, but it’s getting almighty-less.  And part of that, at least in Asia, is due to the growth of the Chinese yuan in trade settlements. As Beijing opens that currency up to the market, the yuan is fast becoming a trade currency between China and Australia, as well as Taiwan,… Continue reading

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