Archive | Construction & Engineering In Iraq

Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th Feb 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ102 (-0.1%) / $1083 (+0.3%) (weekly change) (+11.7% and +14.3% YTD change, respectively). The number of week traded […]

Netherlands supports Reforms in Iraqi Kurdistan

The Netherlands is supporting reforms in the Kurdistan Region with a contribution to its Funding Facility for Economic Reform The Kingdom of the Netherlands is contributing nearly US$270,000 (€250,000) towards the implementation of the Economic Reform Roadmap, developed by the World Bank in cooperation with the Ministry of Planning of the Kurdistan Region of Iraq […]

Iraq prepares to curb Greenhouse Gas Emissions

Iraq prepares to curb greenhouse gas emissions through development of a roadmap for mitigation action A total of 27 Iraqi experts and officials discussed and agreed on an outline for Iraq’s actions towards mitigating the cause of climate change that will lead to the finalization of the country’s Roadmap for Nationally Appropriate Mitigation Action (NAMA). […]

IOM Iraq Publishes Community Stabilization Handbook

IOM Iraq’s Community Stabilization Handbook, published last week, provides an overview of the situation in 15 Iraqi governorates, including 51 communities, and of the achievements of IOM’s Transition and Recovery initiatives in Iraq. More than 3 million Iraqis are currently displaced by the crisis, which began in January 2014. The presence of displaced persons places additional pressure on […]

Japan approves $100m Loan to Iraq

Japan has approved a loan of about $100 million to support humanitarian, counter-terrorism and infrastructure projects in Iraq, a Japanese embassy statement said on Tuesday. In January, Japan approved loans worth $240 million to Iraq to rebuild damaged electricity infrastructure in areas recaptured from Islamic State. Iraq’s government income, which comes almost exclusively from oil […]

GE’s Iraq deals in at Risk over US Tavel Ban

By John Lee. US diplomats, citing a senior Iraqi government official, have said that the US travel ban could jeopardise General Electric (GE)‘s business in Iraq. According to a memo obtained by Politico: “[The Baghdad government] was preparing to sign two more deals with U.S. company General Electric that could be negatively affected, and that the […]

Work Starts at Mid-Euphrates Airport

By John Lee. AFP reports that Iraqi officials laid the cornerstone of a new Mid-Euphrates Airport, 35 kilometres (20 miles) south of Karbala. The $500-million project will be carried out by the UK-based Copperchase, with work supervised by the Khayrat al-Sibtein company, which belongs to the Imam Hussein shrine (pictured). During the ceremony, Karbala Governor […]

IBBC Welcomes Five New Members

The end of 2016 saw several new members join the Iraq Britain Business Council (IBBC), each of which are underpinned by strong reputations for innovation, reliability and a commitment to investing in Iraq. GE, Khudairi Group, Pell Frischmann, Petronas and Siemens join 51 other world- and region-leading companies that form IBBC’s Council of Members. “IBBC […]