By John Lee. Prime Minister Mustafa Al-Kadhimi has laid the foundation stone for the next phase of the giant Grand Faw Port project. This phase consists of: The construction of five berths for container ships; Creating the container storage and handling yard, and digging the inland shipping channel; Building the external navigation channel; Building a […]
Archive | Construction & Engineering In Iraq
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Tags: Al Faw Grand Port, Daewoo, featured, Grand Fao, Grand Faw, korea, mn, Mustafa al-Kadhimi, South Korea
Iraqi PM lays Foundation Stone for $4bn Refinery Project
By John Lee. Prime Minister Mustafa Al-Kadhimi has laid the foundation stone for the South Refineries Company (SRC)'s new Fluid Catalytic Cracking (FCC) complex at Basrah Refinery. The project will be built by Japan's JGC Corporation, and will increase refinery capacity by 55,000 barrels per day (bpd). It will be funded by a loan from […]
Tags: Basra News, Basra Refinery, Basrah Refinery Upgrading Project, featured, Japan, Japan International Cooperation Agency, JGC Corporation, JICA, mn, South Refinery Company, SRC
Invitation to IBBC Members' Introduction Webinar
By Editor on 12th April 2021 in Construction & Engineering In Iraq, Investment, Iraq Banking & Finance News, Iraq Industry & Trade News, Iraq Oil & Gas News
Dar Al Handasah has provided consultancy services to more than 950 clients in 60 countries, and has handled projects involving a total investment cost of over US$ 300 billion. Through these projects, we participate actively in the development of our societies. With a permanent staff of 9,850 and over 4,000 successfully completed projects, DAR has in-house […]
Tags: Albilal Group, Dar Group, featured, Iraq Britain Business Council (IBBC), mn, National Bank of Iraq (NBIRQ), United Kingdom
Completion of ME's first Refuse-Derived Fuel Project
By John Lee. Germany's Eggersmann Group has reportedly completed the commissioning of the Middle East's first RDF (Refuse Derived Fuel) bio-drying project in Sulaymaniyah. According to Cemnet, the client, "a local cement producer, negotiated a 20-year agreement for receiving waste from the municipality at the agreed tipping fee per tonne". Eggersmann's website says that contracts […]
Tags: Backhus, Eggersmann, Faruk, featured, germany, Kurdistan News, mn, recycling, Slemani, Sulaymaniyah
Mosul Properties being Snapped Up
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Mosul old city properties rapidly being bought up: residents Locals in Mosul say people from Iraq's southern provinces are buying up historical houses and property in the war-devastated old city at an alarming rate. […]
Director of Housing Project Jailed for Bribery
By John Lee. An Iraqi court has sentenced the director of the Baghdad Star [Najmat Baghdad] housing project to two years in prison and fine of IQD 10 million on a charge of bribery. According to Iraq's Supreme Judicial Council, the director giving an employee money to get investment licenses in Baghdad. (Source: Iraq Supreme […]
Tags: Baghdad, Baghdad Star (Najmat Baghdad) housing project, bribery, Corruption, featured, Housing, Supreme Judicial Council
$3bn Saudi Fund for Investment in Iraq
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi visited Riyadh on Wednesday on his first official visit to Saudi Arabia. A session of talks was held between the Prime Minister and His Royal Highness Prince Muhammad bin Salman bin Abdulaziz Al Saud, which dealt with cooperation between the two countries. The two sides agreed on […]
ILO and NGOs agree on Improving Opportunities in Iraq
ILO and the Cash Consortium for Iraq sign MoU to advance the humanitarian-development nexus and improve economic opportunities for vulnerable populations The ILO and the Cash Consortium for Iraq (CCI) have signed a Memorandum of Understanding (MoU) as part of the agencies' strategic partnership to strengthen collaboration in advancing economic growth and self-reliance for vulnerable […]
Tags: Cash Consortium for Iraq (CCI), Danish Refugee Council (DRC), featured, International Labour Organization (ILO), International Rescue Committee (IRC), Mercy Corps, Norwegian Refugee Council (NRC), Oxfam, United Nations (UN)
Italy, UNOPS to provide Services for Returnees in Sinjar
By Editor on 13th March 2021 in Construction & Engineering In Iraq, Healthcare, Iraq Education and Training News
AICS and UNOPS Partner to Rehabilitate the Basic Services for Returnees in Sinjar, Iraq The Italian Cooperation and UNOPS launched a new project to support the Government of Iraq in rehabilitating basic services to returnees in Sinjar. The project will support the Government of Iraq in rehabilitating the basic water services for returnees in Sinjar […]
Tags: featured, Humanitarian Response Plan (HRP), Italian Agency for Development Cooperation (AICS), Italy, mn, reconstruction, Sinjar, Sustainable Development Goals (SDGs), UN Office for Project Services (UNOPS)
Lucky Cement starts commercial production at Samawah
By John Lee. Pakistan-based Lucky Cement has announced that it started commercial operations at its new cement production facility in Samawah on Wednesday. In a statement to the Pakistan Stock Market, the company said the new plant has a capacity of 1.2 million tonnes per annum, and is a joint venture with Al-Shamookh Group [al-Shumookh] […]
Tags: Al Shumookh Lucky Investments, Al-Shamookh Group, Basra News, cement, featured, Lucky Cement, pakistan, Samawa, Samawah
Pope's visit to Iraq highlights needs in Liberated Areas
Pope Francis' historic visit to Iraq highlights remaining needs in areas liberated from ISIL The historic visit of His Holiness Pope Francis to Iraq is testament to the strength of the Iraqi people in rebuilding their lives post ISIL, but also highlights the urgent, basic remaining needs of 1.2 million Iraqis still displaced from the […]
Tags: caliphate, Daesh, featured, ISIL, ISIS, Islamic State, Pope Francis, terrorism, UN Development Programme (UNDP)
Iraqi Former Minister Jailed
By John Lee. An Iraqi court has sentenced Riyadh Abdul Hamza Abdul Razaq, ex-Minister of Municipalities and Labour, and Hashem Abdul Zahra Aziz, a director of the Ministry, to two years in prison in relation to a "breach of contract" in the supply and installation of 17 asphalt factories. The contract, signed in 2007, was […]