Tag Archives | DJ

Iraq Duty Free wins Ten-Year Contract Extension

By John Lee. Iraq Duty Free has reportedly had its exclusive duty free contract at Baghdad and Basra airports extended by ten years to 4th March 2029. According to The Moodie Davitt Report, the contract was awarded by the Iraqi Civil Aviation Authority (ICAA) and Ministry of Transport to Iraq Duty Free’s parent company Financial […]

Levarht enters Iraq Fruit & Veg Market

By John Lee. Netherlands-based fruit and vegetable grower Levarht has sent its first air-freight shipment to Iraq, which arrived at Erbil airport. The company said it expects to make weekly shipments of high-quality fruit and vegetables, including soft fruit, tomatoes, bell peppers, herbs, lettuce and potatoes. A spokesperson said that because of the unrest in […]

UK Pharma Startup Exports Medicines to Iraq

By John Lee. CurePharma, a UK-based medicines and pharmaceuticals wholesaler and distributor, has exported the first consignment of British manufactured medicines to Iraq. The consignment of prescription and over-the-counter medicines, worth around £50,000 in current prescription and retail values, was sent to a large pharmaceutical distributor in Baghdad, from which it will be delivered to […]

Restrata, Agility train Iraq’s Oil and Gas Workers

By John Lee. Restrata, a global player in consultancy and training services, has reportedly partnered with UAE-based logistics provider Agility to offer specialised training for oil and gas sector employees at the Rumaila Energy Park (REP). British-owned and UAE-headquartered, Restrata was created with the mission to build client resilience and optimize operations through effective management […]

Australian Firm wins work on $80m Basra Project

By John Lee. Iraq’s Ministry of Municipalities and Public Works (MMPW) has reportedly appointed Australia-based Protechnique as the main contractor for the $80-million Basra Water Pumping Station, P2R. According to a report from Construction Week Online, it will provide engineering, procurement, and construction (EPC) services for the project’s transmission reservoir and transmission pump station; chlorine building; […]

Increased Exports of LPG from Iraq

By John Lee. In its third-quarter results, Epic Gas says that increased LPG production at the Basrah Gas LPG plant has resulted in surplus tonnes available for export. The company said that it has recently noticed a growing number of pressure cargoes coming out from Iraq, and it expects to see this trend continue. (Source: Epic […]

Electro-Voice supplies Sound System for Karbala Stadium

By John Lee. Singapore-based Electro-Voice has supplied the sound system for the recently opened Karbala Olympic Stadium in Iraq. According to Entertainment Technology Press, audio for the project was provided by Baghdad-based APCO Electronics, which chose a sound system from Electro-Voice, including a multi-zone digital audio system, horn-loaded loudspeakers, amplifiers, microphones and wireless systems. The […]

FLSmidth $200m Contract with Iraq Cement Co

Danish-based FLSmidth has signed a contract worth more than $200 million with the Iraqi Cement Company, to supply a total of 6,000 tonnes of cement per day to the production line for the Al Muthana region. The contract is a full EPC order, comprising engineering, all FLSmidth equipment supplies, erection and construction, as well as […]

The Young Iraqi Behind ‘The Better Facebook’

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Sajad Saadi has dreams of becoming the next Mark Zuckerberg, the now-seriously wealthy American who helped found Facebook while he was at university. And to get that particular party started, […]

Emerson Expands Support Facility in Iraq

US-based technology and engineering company Emerson has officially opened its expanded facility in Al Majal Business Park in North Rumaila. The company moved from its existing facility in Albradheya, Basrah to the new facility to increase its capabilities and address the needs of its continuously expanding installed base. The Al Majal facility will serve as […]

JLT Mobile Computers Supplies BGT

By John Lee. Sweden’s JLT Mobile Computers has announced that it has successfully delivered a total of 50 JLT VERSO 12 mobile computers to the Basra Gateway Terminal (BGT). BGT, a container and multi-purpose cargo handling facility at the port of Umm Qasr, is operated by Philippines-based International Container Terminal Services Inc. (ICTSI); it opened […]

Schlumberger sees Increased Business in Iraq

By John Lee. In its results for the third quarter of 2016, oilfield services company Schlumberger has said that it has increased process systems deliveries in Iraq. While Middle East & Asia Area revenue declined 1% sequentially, lower activity in Indonesia, the UAE, and the South East Asia was mitigated by higher revenue in Saudi […]