ERBIL, Kurdistan Region - For the first time since the Iraq War in 2003, the standard of living in the Kurdistan Region is "considerably" lower than the rest of Iraq, according to a fresh report by the World Food Programme (WFP). The survey, conducted in May, shows that the previous two-digit growth has collapsed with the economy now facing around -6 percent shrinkage in 2016.
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(IraqiNews.com) Dhi Qar – Dhi Qar Governor, Yahia al-Naseri, announced about signing an agreement with Chinese company ZTE for establishing a wireless communication service operator that will serve 60 thousand subscriber in Ahwar and added that the operator will provide wireless communication and internet services to the local citizens. “The government has signed an agreemen
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By Dmitry Zhdannikov | LONDON Aug 30 Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure on the semi-autonomous region amid tense talks on sharing oil revenue. Kurdistan has been exporting crude independently via Turkey since mid-2015 after saying Baghdad had failed to respect an oil revenue-sharing deal an
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Iraq would support a decision by OPEC to freeze oil output to prop up prices, Iraqi Prime Minister Haider al-Abadi told a news conference in Baghdad on Tuesday. "We are with freezing production at the OPEC meeting," he said, in the clearest indication yet about the position Iraq will support when the oil exporters' group meets next month. Members of the Organization of the
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BASRA, Iraq: Iraq’s oil exports from southern ports rose to more than 3.230 million barrels per day (bpd) in August, from 3.202 million bpd in July, as crude production increased, the oil ministry and sources at state-run South Oil Co said on Thursday. The West Qurna 1 field, developed by Exxon Mobil, and South Oil’s Luhais and Artawi fields contributed most to the increase,
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