Top Iraq News

ME Hotel Occupancy Highest In World

The Middle East has the highest occupancy and average room rates in the world at 75.3 percent and US$180 respectively. Press Release - 21Aug 11:26GMT
31 companies suspended for breach of contract in Iraq

The Iraqi Ministry of Planning and Development Cooperation on Thursday announced the suspension of all future dealings with 31 Iraq, Arab and foreign companies, citing their failure to fulfill their contractual obligations with the ministry and other state departments. Aswat Aliraq - 21Aug 11:36GMT
Rice Says US, Iraq Close To Security Deal

Washington and Baghdad are "very, very close" to an agreement on the future of US forces in Iraq, US Secretary of State Condoleezza Rice said on a surprise visit to the war-torn country Thursday. AFP - 21Aug 09:09GMT
WSP Middle East launches a Transportation department in the region

Leading engineering consultancy, WSP Middle East, recently launched a Vertical Transportation department specialising in the movement of people and materials in a buildings environment. Press Release - 21Aug 07:15GMT
Local authorities set up potable water network in Karbala

Iraqi authorities started the installation of a potable water network in the outlying suburbs of Karbala, a local official said. Aswat Aliraq - 21Aug 06:44GMT
15 projects to be implemented in Wassit

An assistant to Wassit's governor said that the local contracts committee has referred 15 projects to Wassit's municipality department to be implemented as part of the provincial development projects for the year 2008. Aswat Aliraq - 21Aug 06:42GMT
Iraqi-Iranian private bank starts new branch

The Iraqi-Iranian Regional Cooperative Islamic Bank for Development and Investment on Wednesday started a new branch in Sulaimaniya, to activate banking in the Iraqi Kurdistan region. Aswat Aliraq - 21Aug 06:31GMT
Rafidain Bank gives 131b dinar loans to retirees

Iraq's Rafidain Bank has granted a total of 131 billion Iraqi dinars in loans to 72,000 retired persons from all over the country in an attempt to improve their standard of living. Aswat Aliraq - 21Aug 06:29GMT
Corporate liquidity risk to rise in 2010

Liquidity risk for corporates in the EMEA and Asia-Pacific regions will become more pronounced in 2010 as various factors come into play, says a new study. Emirates Business 24/7 - 21Aug 06:03GMT
Laptop market in Middle East grows 87%

Nearly 816,000 laptops were sold in the Middle East in the second quarter, compared to 430,000 in the same period last year, an increase of about 87 per cent, according to International Data Corporation (IDC) research. Gulf News - 21Aug 05:20GMT

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Political Rifts
Political gridlock has overtaken security risk as the primary hurdle facing the rehabilitation of Iraq's oil industry, according to oil executives and analysts.

Embracing Iraq
King Abdullah of Jordan was the first Arab leader to travel to Baghdad since 2003, where he urged Arab states to re-engage with Iraq.

Oil's Curse
Iraq is awash with oil money but lacks a proper plan, with foreign firms still wary of investing amid political uncertainty.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Number of Employees
1	Commission of Electricity	Iraq	42,200
2	Ministry of Health - Iraq	Iraq	28,000
3	Iraqi Telephone and Post Company	Iraq	22,000
4	South Oil Company	Iraq	18,000
5	North Oil Company	Iraq	13,000
» View Full List

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