Archive | Iraq Transportation News

Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.

Investment Opportunity: Al-Nasiriyah Int’l Airport

By John Lee. The National Investment Commission (NIC) has announced a new investment opportunity in Iraq: Due to the historical heritage Thi Qar province enjoys, which goes to thousands of years back and admired by many countries around the world, the need for building the Nasriya International Airport is of great importance in order to […]

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Iraq Container Terminal (ICT) has handled 2m TEUs

By John Lee. The Iraq Container Terminal (ICT) at Umm Qasr Port has reportedly handled container traffic of two million twenty-foot equivalent units (TEUs) since operations started less than nine years ago. According to Hellenic Shipping News, the joint venture between UAE-based Gulftainer and the General Company for Ports of Iraq (GCPI) started operations at […]

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ICTSI to Increase Capacity at Umm Qasr Port

By John Lee. Philippines-based International Terminal Container Services Inc. (ICTSI) has reportedly allocated additional funds for capacity expansion at its Basra Gateway Terminal (BGT) at the Port of Umm Qasr. Rafael Consing, ICTSI chief financial officer, is quoted by the Philippine Daily Inquirer as saying that this year’s capex budget of $380 million will be […]

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New Iraq-Saudi Border Crossing to be Hi-Tech

By John Lee. The General Company for Land Transport (GCLT) has held a meeting with its Saudi Arabian counterpart to discuss the opening of the Arar border crossing between the two countries. According to a statement from Iraq’s Ministry of Transport, the participants stressed the importance of the new border facility for commercial trade and […]

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Iraqi Airways Launches Munich Service

By John Lee. Iraqi Airways has commenced flights from Baghdad to Munich, Germany. The Minister of Transport, Abdullah Laibi, headed the delegation on the first flight. The flights are scheduled to run on Sundays. (Source: Ministry of Transport)

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At least 93 killed in Ferry Sinking in Mosul

By John Lee. A ferry on Tigris River near Mosul sank on Thursday afternoon, leaving at least 93 dead. According to Xinhua, the ferry capsized because of “high water levels” while crossing from the bank of the river to a small tourist island called Um al Rabeein. It cites a civil defense source as saying […]

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