S.Korea's Posco E&C wins $700 million order in Iraq
South Korea's POSCO Engineering & Construction said it had won a $700 million order to build a power generation plant ...
Country: Other Middle East
Netherlands and Romania to open consulates in Kurdistan region of Iraq
The Dutch and Romanian governments have decided to open consulates in Kurdistan region, according to an official statement. This came ...
The Middle East's media industry is set to grow by more than 10%
The Middle East's entertainment and media industry is set to grow by more than 10% and emerge as the sixth ...
Iraqi oil revenues up by $1bn in July
Iraq’s oil revenues jumped by about $1 billion from June to July, according reports from AFP and Aswat al-Iraq. Oil ...
German companies ready to build 91.000 housing units in Baghdad
Baghdad Investment Commission announced that a German company expressed its readiness to build more than 91.000 housing units in the ...
Kuwait posts $47 billion record budget surplus
OPEC member Kuwait has posted record budget surplus and revenues in the 2011-2012 fiscal year that ended on March 31 ...
Arab countries earn $625billion from oil exports
The total revenue of the 11 members of the Kuwaiti-based Organization of Arab Petroleum Exporting Countries (OAPEC) soared to $624.8 ...
16 firms bid to build $412m Grand Faw breakwater
Sixteen companies have bid to build a 480 billion-dinar ($412 million) breakwater for Iraq’s Grand Fao port. Omran ...
Trade between Iran and Kurdistan region of Iraq to exceed $4bn
Trade between Iran and the Kurdistan Region of Iraq is expected to exceed $4 billion (5 trillion Iraqi dinars) this ...
Consumer confidence within the Middle East remains high
According to MasterCard’s latest Worldwide Index of Consumer Confidence, regional consumers remain upbeat about the Middle East’s future and its ...
The resource of credible, industry-specific updates