Aseel's Feed
Jul 26, 2010

Bombers hit pilgrimage, TV office in Iraq, 23 dead

BAGHDAD (Reuters) – Two car bombs exploded near the holy Shi’ite city of Kerbala in southern Iraq on Monday, killing 19 mainly Shi’ite pilgrims and wounding 54, an Iraqi official said.

In a separate incident in the capital Baghdad, a suicide bomber killed at least four people on Monday in an attack on the Saudi-owned Al Arabiya news channel, security officials said.

Jul 18, 2010

Iraq tries to ease visa problems for oil firms

BAGHDAD, July 18 (Reuters) – Iraq, trying to address
complaints by oil majors about bureaucracy and infrastructure
woes hampering efforts to bring staff and equipment into the
country, will start issuing visas at airports, the oil minister
said on Sunday.

Getting visas for oil industry professionals entering Iraq
to work on a series of oilfield development contracts awarded
last year ranks as a major hassle facing oil companies as they
start work.

Jul 8, 2010

France builds Iraq business centre to lure firms

BAGHDAD, July 8 (Reuters) – France has taken a leap ahead of
its rivals in the race to tap investment opportunities in Iraq
by building a heavily fortified business centre and boutique
hotel where businessmen can sleep, eat and work in safety.

The complex financed by private companies near its embassy
in Baghdad’s once glamorous Abu Nawas neighbourhood has room for
20 offices — half of which have already been claimed by major
firms — and 10 bedrooms for visiting would-be investors.

Jul 6, 2010

Poor governance means Iraq budget gap doesn’t exist: PM advisor

BAGHDAD, July 6 (Reuters) – Iraq’s budget fell into deficit
in theory in the first half of this year but in practice
mismanagement has paralysed projects and much of the money has
not been spent, an official said on Tuesday.

Iraq’s parliament in January approved a 2010 budget that set
federal spending at 84.7 trillion Iraqi dinars (around $72
billion) and a deficit for this year of 22.9 trillion dinars
($19.6 billion).

Jul 2, 2010

Overcoming taboo, Iraq turns to dogs to fight bombs

BAGHDAD (Reuters) – A “dirty dozen” bomb-sniffing dogs whose canine nature makes them taboo in the Arab world is helping to win over Iraqis to the idea dogs are man’s best friend — especially when the animal saves your life.

At Baghdad’s police training college, some of the 12 Alsatians and other breeds now deployed as bomb sniffers in the capital speak to the cultural aversion that has likely cost lives in the fight against a still potent insurgency.

Jun 29, 2010

Iraqis seek out private schools to educate children

BAGHDAD (Reuters) – Once banned under Saddam Hussein, private schools have flourished in Iraq since the 2003 U.S.-led invasion as Iraqis become increasingly frustrated with their government’s failure to provide basic services.

Despite economic woes after seven years of sectarian warfare and insurgent attacks, Iraqi parents are forking out $1,500 a term to send their children to private schools in the hopes of giving them a better future.

Jun 13, 2010

Iraq’s thirst for fresh water grows

BAGHDAD (Reuters) – On a scorching summer day in Baghdad, Qassim Dakheel squats in his yard and looks anxiously at his water hose, waiting for the water to flow.

In Dakheel’s poor neighbourhood, the International Committee of the Red Cross delivers 140,000 litres of water a day by truck, without which 7,500 families would have no water. The government’s network of water pipes does not reach their homes.

Jun 1, 2010

Iraqi electricity bills jump in power saving move

BAGHDAD, June 1 (Reuters) – Iraqis on Tuesday began
receiving electricity bills containing 100 percent tariff
increases following a decision in April aimed at encouraging
consumers to economise and help tackle crippling power cuts.

Electricity demand has risen since the 2003 U.S. invasion of
Iraq, but the national grid still only supplies a few hours of
power per day, a cause of discontent in a country that sits atop
some of the world’s biggest oil reserves.

May 30, 2010

Iraq gov’t bank managers arrested, $360 mln missing

BAGHDAD (Reuters) – Three managers of state-owned Iraqi banks have been arrested on suspicion of using bogus transfers to siphon off billions of dollars of government money to invest in private business.

The head of Iraq’s anti-corruption Integrity Commission, Rahim al-Ugaili, said while most of the money had been returned to the banks as part of the scheme, about $360 million was still missing.

May 29, 2010

China’s Shanghai works on $1 bln power deal in Iraq

ZUBAIDIYA, Iraq, May 29 (Reuters) – China’s top power
equipment maker Shanghai Electric (2727.HK: Quote, Profile, Research) is moving ahead with
a $1 billion power-generating plant to boost Iraq’s electricity
capacity by 1,320 megawatts, officials said on Saturday.

The planned steam power plant in the town of Zubaidiya near
the city of Kut, 150 km (95 miles) southeast of Baghdad, is seen
as one of the biggest power projects in the country, where
intermittent electricity is one of the public’s top complaints.

    • About Aseel

      "I started working as reporter with Reuters in 2005. I am covering the fields of social services and the Iraqi society in general, recovering from six years of warfare since the U.S.-led invasion of Iraq. In January 2008, I signed a contract with Reuters and gain the title of a correspondent. Starting from 2010 i started to cover the financial and economic story."
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