Sumitomo invests in Iraq car dealer
The Japanese company acquired a stake in SAS Automotive Services, Ltd., a subsidiary of Iraq’s largest automotive business.
Monthly Archive: October 2013
Nasdaq Helps Set Up Iraq Erbil Bourse After Qatar Sale
Operations will open a gateway for foreign investors in Iraq, with at least 25 companies listing shares on the Erbil exchange by the end of 2014.
Prime Minister Al-Maliki calls for greater role of private sector to transform Iraq’s economy
The Prime Minister met with Iraqi business leaders and traders from the National Business Council to discuss rebuilding in Iraq.
US, Iraq Collaborate on Electricity and Energy
The U.S. Department of Energy recently conducted a workshop, supported by the SFA, to provide tools and methods for Iraqi engineers to enhance efficiency and safety of electricity distribution.
Iraq opens 600 new schools in September
As part of a national plan to improve education in the country, Iraq opened 600 new schools last month, with plans for additional schools in the coming months.
Ancient Kingdom Discovered Beneath Mound in Iraq
Archaeologists have discovered an ancient city, with art and cuneiform inscriptions providing a glimpse of a kingdom that flourished between 3,300 and 2,900 years ago.
Iraq to put oil potential on display in Dubai
The fourth annual “Iraq Mega Projects Conference,” held this year in Dubai, showcases investment potentials in Iraq’s oil sector.
UNHCR head says international community must share burden of Syrian refugees
The UNHCR says host nations need more than an increase in humanitarian aid; they could require financial help, and emergency development assistance for sectors like health, education, housing, water and energy.
Regional Security Boosts Archeology in Northern Iraq
Improved security and historical richness make Iraq’s Kurdistan region a haven for foreign archaeologists.
U.S. and Iraq reaffirm partnership in Joint Coordination Committee meeting on Services, Technology, Environment and Transportation (STET)
Ambassador Faily and visiting Iraqi delegation participated the JCC meeting, the first for the STET sector under the Strategic Framework Agreement. The meeting emphasized the importance of continued cooperation on all modes of transportation and explored opportunities for US companies to invest in Iraq’s infrastructure.