By John Lee. Authorities in Baghdad are implementing a series of measures to improve passenger access to Baghdad International Airport (BIAP). The measures include the widening of the main road to the airport, the removal of a number of security barriers and allowing vehicles to reach the departure terminals to drop off passengers. These measures […]
Archive | Iraq Transportation News
Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
Iran, Iraq Agree to Reopen Khosravi Border Crossing
The interior ministers of Iran and Iraq signed an agreement to implement plans to facilitate the Arbaeen pilgrimage to Iraq, including one on reopening the Khosravi border crossing. Iranian Interior Minister Abdolreza Rahmani Fazli and his Iraqi counterpart Yassin Al Yasiri met in Tehran on Saturday and signed a memorandum of understanding to facilitate the […]
Iraq Contributes to Strong Results at ICTSI
By John Lee. Shares in Philippines-based International Terminal Container Services Inc. (ICTSI), which operates the Basra Gateway Terminal (BGT) (pictured) at the port of Umm Qasr, have closed up more than 6 percent on Wednesday following a strong set of results. The company said in a statement: “Net income attributable to equity holders of US$128.5 […]
Tags: Basra Gateway Terminal (BGT), featured, International Container Terminal Services Inc (ICTSI), mn, Philippines, Umm Qasr, Umm Qasr Port
Iraq “closes Mandali Border Crossing with Iran”
By John Lee. The Mandali border crossing between Iraq with Iran has reported been closed following an order from Iraqi Prime Minister Adil Abdul Mahdi’s office. Reports say the move was in response to allegations of corruption and mismanagement. (Source: hathalyoum)
Iran Reassures Iraq over Strait of Hormuz
By Editor on 24th July 2019 in Iraq Industry & Trade News, Iraq Oil & Gas News, Iraq Transportation News, Security
By John Lee. Iran has reportedly reassured Iraq that there will be freedom of international maritime navigation in the Strait of Hormuz. Iranian President Hassan Rouhani (pictured) gave the reassurances to an Iraqi delegation visiting Tehran. (Source: Reuters)
Saudi Border Crossing to Officially Reopen in Oct
By John Lee. The Arar border crossing between Saudi Arabia and Iraq will reportedly officially reopen in October. It was closed in 1990 following Iraq’s invasion of Kuwait. According to Gulf News, some pilgrims are currently being allowed to pass through the crossing to participate in next month’s Haj. (Source: Gulf News)
Malaysian firm wins $73m Iraqi Roadwork Contract
By John Lee. Bina Puri Sdn Bhd, a wholly-owned subsidiary of Malaysia’s Bina Puri Holdings Bhd, has successfully secured a new contract for the proposed dual-lane road from Al-Islah Junction to Al-Jabayish at Nasirya City, in Thi Qar [Dhi Qar] province. The project, worth IQD87 billion ($73 million), includes the construction of 74.5 km dual […]
Iran, Iraq, Syria to Create Transport Corridor
High-ranking officials from Iran, Syria, and Iraq have agreed to create “a multimodal transport corridor” a part of efforts to boost trade relations between the three Muslim nations. “The three friendly and brotherly countries of Iran, Iraq, and Syria have good and growing business relations,” Iranian Deputy Minister of Roads and Urban Development Shahram Adamnejad […]
Iran, Iraq Coordinate Plans to Dredge Border River
Official delegations from Iran and Iraq held the second meeting of a joint commission for coordination on Arvand Rud, a border river flowing in Iran’s southwestern province of Khuzestan. The Tuesday meeting was held in Tehran within the framework of an agreement signed by the heads of the two states. The meeting was co-chaired by […]
Careem Iraq testing ride-booking via WhatsApp
By John Lee. Ride-hailing company Careem is reported to be testing a new system that allows people in Iraq to book rides using WhatsApp. According to al-Bawaba, WhatsApp penetration is as high as 80 percent in Iraq, a country with low internet connectivity and a high dependency on cash, so the new scheme simplifies the […]
Iraq keen to join China’s Belt and Road Initiative
By Editor on 18th June 2019 in Construction & Engineering In Iraq, Investment, Iraq Banking & Finance News, Iraq Industry & Trade News, Iraq Transportation News
By John Lee. Iraq’s Minister of Transport, Abdullah Luaibi [Abdul Allah al-Leibi], has said that Iraq is actively seeking to join China’s Belt and Road Initiative [“One Belt, One Road (OBOR)“]. In statements on Monday, the Ministry confirmed that the Minister met with China’s Ambassador to Iraq, Zhang Tao, to discuss the plan. It added […]
Careem extends service to Basra
By John Lee. Ride-hailing service Careem has reportedly started operations in Basra. According to The National, the company, which currently operates in Baghdad and Najaf, also has a pilot project in Erbil. Careem entered the Iraqi market in January 2018, and was bought by Uber for $3.1 billion in March 2019. (Source: The National)