An official in the Arabian Gulf has stated that construction companies and others in the Gulf Cooperation Council (GCC) look forward to participating in reconstruction projects in Iraq, stressing that it has the potential to qualify for this role. Abdul Rahim Naqi, secretary-general of the Council of Chambers of the Gulf Cooperation Council (GCC) stated […]
Tag Archives | reconstruction
World Bank gives $200m for Stability in Liberated Areas
The Ministry of Labour and Social Affairs announced that the World Bank has allocated $200 million to implement an emergency project to support stability in the liberated areas. An official spokesman for the Ministry of Labour and Social Affairs stated: “The World Bank has allocated $200 million for the implementation of the emergency project to […]
Iraq’s Reconstruction Costs put at $150bn
Reconstruction in Iraq could cost nearly $150 billion covering areas damaged by the war over the past three years, an Iraqi newspaper reported on September 7. The World Bank has made a preliminary assessment of rebuilding costs at the request of Iraq’s Reconstruction Fund for Areas Affected by Terrorist Operations, according to the Arabic language […]
France to Lend $515m to Iraq in 2017
Mr Jean-Yves Le Drian, France’s Minister for Europe and Foreign Affairs, visited Iraq on 25 and 26 August with Ms Florence Parly, Minister for the Armed Forces. Mr Jean-Yves Le Drian met with the President of the Republic of Iraq, Mr Fuad Masum, the Prime Minister, Haider al-Abadi, and his Iraqi counterpart, Mr Ibrahim al-Jaafari. […]
Fallujah needs $2bn for Reconstruction
Fallujah city in Anbar province needs $2 billion for reconstruction, the city’s mayor said on August 10. Eissa al-Sayer told Aljournal News website that securing the amount at present would be difficult given the government’s focus on military operations against IS, adding that world donors should focus donations on service projects rather than the infrastructure. […]
Investment and Reconstruction Cmte – First Meeting
Prime Minister Dr. Haider Al-Abadi has presided over the first meeting of the Higher Committee for Investment and Reconstruction. The Higher Committee for Investment and Reconstruction has held its first meeting under the chairmanship of the Prime Minister Dr. Haider Al-Abbadi, in the presence of all members of the Committee. Dr. Abadi stressed during the […]
Tags: caliphate, Daesh, featured, Haider al Abadi, Higher Committee for Investment and Reconstruction, ISIL, ISIS, Islamic State, reconstruction, terrorism
Reconstruction a Priority in Coming 5-Yr Plan
The Iraqi-Czech Economic Forum was held in Baghdad on Sunday, 30.07.17 according to the invitation forwarded by the Iraqi deputy speaker of Parliament, Dr. Humam Hamoodi and with the attendance of public and private sectors representatives of the two sides. The conference started with a welcome speech by Dr. Sami AL- Araji, Chairman of the […]
Economic Consequences post Mosul
By Editor on July 17, 2017 in Ahmed Tabaqchali, Construction & Engineering In Iraq, Investment, Iraq Banking & Finance News, Iraq Industry & Trade News, Iraq Oil & Gas News, Politics, Security
By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While Iraq’s war against terror is far from over, the conclusion of the Mosul offensive should mark the high point in the cost of […]
Tags: AFC Iraq Fund, Ahmed Tabaqchali, Asia Frontier Capital (AFC), featured, Iraq Budget News, Mosul, Public Sector, reconstruction
China offers Iraq $11.7m for Reconstruction
By John Lee. The Chinese President Xi Jinping has announced that China will provide 80 million yuan ($11.7 million) in new financial aid to the Iraqi government for post-war reconstruction. In a letter to Iraqi President Fuad Masum, delivered by the Chinese Ambassador to Iraq Mr. Chen Weisheng, the Chinese President China added that China […]
Video: Destruction in Mosul’s Old City
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi Prime Minister Haider al-Abadi declared victory in the “liberated” city of Mosul on Sunday, his office said, in the biggest defeat yet for the Islamic State group:
Iraq outlines Plans to Rebuild Country, Inspire Tolerance
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi military leaders expect victory this week against the Islamic State (IS) in the battle for Mosul, and the government has unveiled a $100 billion, 10-year reconstruction plan […]
Locals in Anbar take Reconstruction into own Hands
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. Locals In Anbar Take Reconstruction And Security Into Their Own Hands Sick of waiting for promised aid, locals in Anbar are doing their best to reconstruct their own lives – […]