18.05.2013
The Iraqi government is facing difficulties to keep holds on the northern half of Iraq due to the increasing hostility in the area, where most of its inhabitants are Sunni Arabs and Kurds. This crisis started last week when the Iraqi Army conflicted with protesters which caused an outrage. Senior Iraqi politicians expressed their concerns over the partitioning of the country. At the same time, they are gloomy about the ... More
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Markets, Regional (Loans) - Apr 22 2013 00:44 AM
HSBC Holdings will be monitoring its operations in Iraq, with a big probability that the international lender could be exiting the country, said a senior executive at the bank. He said there was no timeframe set for the decision, but ... More
Markets, Regional (Loans) - Mar 7 2013 00:04 AM
According to the U.S. government, the States suffered around $9 billion of taxpayer money costs to rebuild Iraq, while poor planning and weak oversight cost them around $60.5 billion since 2003. A report by the Pentagon give a ... More
Markets, Regional (Loans) - Dec 12 2012 23:25 PM
Iranian company's Wagon Pars and the Iraqi National Rail Company agreed to restore 1600 rail carriages. The two companies negotiated last week after the Iranian delegation paid the restoration’s ... More
Markets, News, Regional (Loans) - Nov 23 2012 20:45 PM
The Iraqi Prime Minister has canceled a $4.2 billion package of arms deals with Russia, signed in October, over corruption concerns. The deal would have made Moscow Iraq’s ... More
Markets, News, Regional (Loans) - Nov 23 2012 20:26 PM
Iraq's cabinet approved a 2013 draft budget of $118.6 billion on Tuesday, and the proposal will be handed to the parliament for final endorsement, according to Iraqi Prime Minister ... More
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