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AMMAN (Zawya Dow Jones) - The Iraqi Transport Ministry will soon sign a contract with Boeing Co. worth $6 billion to buy 40 aircraft in what appears to be a step to facilitate increasing traffic to and from Iraq, the official al-Sabaah newspaper reported Thursday.
“The ministry will sign in the nearest future a contract with [...]
BAGHDAD, Iraq
Iraq will place an order for 40 Boeing aircraft and for a smaller number from Canada’s Bombardier, an Iraqi official said on Tuesday.
“We are engaged with the government of Iraq and airline officials to assist them with their fleet renewal plans,” said Jim Condelles, a Boeing Co. spokesman in Seattle.
“We’re pleased they have announced [...]
WASHINGTON (Reuters) - The International Monetary Fund on Thursday approved a $744 million loan agreement to Iraq through March 2009 designed to support the country’s economic program.”The authorities’ program for 2008 aims to allocate resources toward investment, including in the oil sector, and to improve the provision of public services, while containing current government spending, [...]
When we ask asset managers for investment advice, the answers are usually pretty banal. Some stocks, a portion in bonds and perhaps some alternative investments and emerging market exposure.
One European fund manager bucked the norm and set up a fund that almost exclusively invests in Iraq – and registered an impressive 25 per cent return [...]
