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IHC Food Holding, a subsidiary of International Holding Company (IHC), has acquired 75 per cent of Abu Dhabi Vegetable Oil Company (ADVOC), IHC has announced, Zawya reports. The conglomerate did not provide details on the operation but indicated that the Read more
The German government Wednesday announced its forces in Iraq will stay in the Middle East country until October at the request of the Iraqi counterpart, reports say. The forces, 500, will remain in Iraq until the end of October, to Read more
Lebanon and Iraq on Sunday signed a Memorandum of Understanding (MoU) aimed at strengthening ties in the economic, industrial, scientific, environmental and technological fields, according to a statement released by Lebanon’s Industry Ministry. “The MoU also intends to improve business Read more
The renewed Iraqi parliament held Sunday its first session in the capital Baghdad, almost three months after legislative polls. The parliament, Anadolu news agency reported citing Iraqi state-run news agency INA, is due to elect a speaker and two deputies Read more
The Iraqi government has given its approval for the Iraqi National Oil Company to acquire Exxon Mobil Corp’s stake in the giant West Qurna 1 oilfield, Oil Minister Ihsan Abdul Jabbar announced Wednesday, Zawya reports. Located in Southern Iraq, West Read more
Two Katyusha rockets hit Baghdad’s fortified Green Zone that houses the US embassy, reports said Sunday. The Green Zone in Baghdad was the target of two Katyusha rockets. The first was shot down in the air by C-RAM defense batteries, Read more
Iraq’s International Baghdad Theatre Festival resumed Wednesday, eight years after suspension, Middle East Monitor (MEMO) reports. The show is taking place at the famous Al-Rasheed Theatre in the capital, with the motto, “Theatre now enlightens the life”, the media says. Read more
An undisclosed Chinese company will launch in the Iraqi Kurdish capital Erbil a $5-billion tourism project expected to create over 8,000 job opportunities, a local official has told media, Zawya reports. Director of Erbil Board of Investment Saman Arab told Read more
Iraq is in advanced talks with Saudi energy company ACWA Power to launch a solar energy plant in the Najaf Governorate, Arab News reports citing the Iraqi Oil ministry. ACWA Power according to the ministry will be tasked to set Read more
The UAE and Iraq signed on Wednesday a contract to build five electric power plants using solar energy, Arab News reports citing state-run Iraqi News Agency (INA). The Iraqi Ministry of Electricity and the National Investment Authority signed the deal Read more