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The Iraqi Shiaa-dominated government of Nuri Al-Maliki has announced the purchase of $ 4.2 billion weapons from Russia, the world’s second-biggest arms seller after the United States. The arms deal includes 30 Mi-28NE attack choppers, 42 Pantsir-S1 surface-to-air missile systems Read more
A specialized oil and gas free zone will be build on a 11 million square meter land at Khor Al-Zubair area in Basra in a joint venture agreement between Iraq General Commission of Free Zones and BIOGH Basra International Oil and Read more
Negotiations between a Kuwait based telecommunication operator, Zain, and Vodafone are heading to the right direction as wished by the two companies. In a statement released by Zain, the two companies seem not too far away from the concluding the Read more
A 12 month contract has been won by Petrofac to provide offshore operations and maintenance services to Iraq’s South Oil Company (SOC) in its crude oil expansion project. The contract is worth a hundred million dollars. Petrofac said the 12-month Read more
The Jordanians will provide special English language training and technical aviation training for Iraqi Air Force technical personnel. This $370 million training, to be completed by August 2013, is funded by the Pentagon. This one-year training, to be carried out Read more
Turkey’s military and Kurdistan Workers’ Party (PKK) forces have clashed after the latter attacked military outposts in the province of Hakkari which is a border town close to Iraq. . PKK’s attack is seen as a response to Turkey’s large Read more
The Federal government of Iraq has received another blow in its efforts to limit oil companies from dealing directly with the semi autonomous Kurdistan region. Despite warnings to desist from concluding a deal with the Kurdistan region, Total has directly Read more
After Syria shot down a Turkish military jet which led to the deployment of massive military troops on both borders as questions of whether the jet was shot in the Syrian or international airspace remained a debate between them even Read more
Alstom Thermal Power, an affiliate of French energy group Alstom, has won a $ 122 million contract to provide the steam tail for a gas-fired power plant under construction in Saudi capital of Riyadh. The PP12 plant, to be operational Read more
In another boost to Iraq’s ambition to reach its post war output, the gas joint plant signed at the end of last year under an agreement worth 17 billion between Mitsubishi Corporation and the Royal Dutch Shell will soon be Read more