Canadian firm Capgent signed a 1.66-billion-dollar contract with Iraq\'s electricity ministry on Saturday to build 10 power plants of 100 megawatts each, the ministry said. A ministry spokesman told AFP that the plants were to be constructed within 12 months in the Sunni provinces of Anbar, western Iraq, and in Salaheddin in the centre of the country. Iraq suffers from acute electricity shortages, with demand outstripping supply two-fold, resulting in heavy rationing. For months, angry Iraqis have staged demonstrations demanding improved basic services, especially electricity. To head off further protests, the government has adopted an emergency plan for the rapid construction of 50 small power units across Iraq.
GMT 11:59 2017 Sunday ,31 December
China temporarily waives taxes to get foreign firms to stayGMT 09:13 2017 Wednesday ,27 December
Israel to halt trade in cryptocurrency-based firmsGMT 10:43 2017 Thursday ,21 December
American Ambassador David Hale meets trade leadersGMT 10:41 2017 Thursday ,21 December
China Pakistan Economic Corridor speedily turning into reality: Ahsan IqbalGMT 10:40 2017 Thursday ,21 December
Eni and Shell to stand trial in Italy over Nigeria kickback scandalGMT 11:48 2017 Tuesday ,19 December
Japan raids firms over alleged maglev bid-riggingGMT 05:36 2017 Monday ,18 December
UBS boss says bitcoins 'not money', urges regulators to actGMT 06:29 2017 Sunday ,17 December
Britain, China speed up bid to link stock marketsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©