Business & Management

Iraq to attract US investment

Iraq_USIraqi Prime Minister Nouri al-Maliki is in America with over 40 Iraqi business leaders hoping to sign business and trade deals.

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Cargotec wins US$52.3mn Siwertell unloader contracts

CargotecCargotec has recently won a significant order for two Siwertell ship unloaders to handle coal at Jorf Lasfar, on Morocco's Atlantic coast.

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Negative outlook on Egypt: S&P

s-and-pS&P lowered its sovereign credit ratings on Egypt to 'B+' from 'BB-' and gave a negative outlook for the country.

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KFB Group signs MoU with Eaton Corporation

kbr_eatonKFB Group signed a Memorandum of Understanding (MoU) with the US firm Eaton Corporation for co-operation in a wide range of activities from trading and distribution of IEC products, assembly of IEC MV Systems and promotion of its busway systems in the Kingdom of Saudi Arabia.

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Iraq receives US$750mn loan

Iraq_investorsIraq will receive loans from Japan totalling US$750mn to help rebuild the country's damaged and ageing infrastructure, after Japan's rime Minister Yoshihiko Noda met with Iraqi leader Nouri al-Malik.

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