Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Progress on the Bismayah housing project and outstanding funding issues were discussed at a meeting between Iraq's National Investment Commission (NIC) and representatives of South Korea's Hanwha. NIC Chairman Adel Dakhil Muhammad al-Yasiri received Hanwha's project representative, Yong Jae Park, along with his delegation on Wednesday. Al-Yasiri stated that he was fully […]
By John Lee. The Al-Qaim cement plant in Anbar province has reached its full design capacity of 840,000 tonnes of resistant cement per year, with monthly production of 70,000 tonnes. According to the Ministry of Industry and Minerals, exports to Syria are running at 7,500 tonnes per month. General Company for Iraqi Cement said the […]
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq to Start Work on First Rail Link to Iran Iraq is preparing to start work on its first direct railway link with Iran after completing […]
By John Lee. Iraq's first LNG import terminal is expected to commence operations in the second quarter of 2027, according to US-based Excelerate Energy. In its financial results for the second quarter ended June 30, 2026, the Texas-based company said engineering and procurement activities are nearing completion, site clearance and dredging are under way in […]
By John Lee. Iraq's Council of Ministers (Cabinet) has set a 10-working-day limit for the audit of strategic, urgent, and high-value government contracts in Iraq. According to the Prime Minister's Office (PMO), the rule applies to contracts exceeding IQD 1 billion (USD 763,000), with the Federal Board of Supreme Audit (FBSA) retaining its authority to […]
By John Lee. Iraq's Foreign Minister Fuad Hussein held a series of bilateral and trilateral meetings in Amman on Wednesday on the sidelines of the Arab Ministerial Meeting on Jerusalem, covering energy cooperation, joint projects, and regional security issues. According to the Ministry of Foreign Affairs, the talks included separate meetings with the foreign ministers […]
By John Lee. The Kurdistan Regional Government (KRG) has issued its official data report for projects undertaken by its Ninth Cabinet (2019-2026), including official data for the following sectors: Banking System Electricity Infrastructure Employment Opportunities Environment Electricity Infrastructure Food Security Investment Public Services Reform Road Infrastructure Society and Government The Kurdistan Region's Global Standing Water Security […]
By Ahmed Tabaqchali, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US Dollar Shipments to Iraq are a Molehill, not a Mountain As the Iran war ramped up, it was reported that the United States halted dollar cash shipments […]
By John Lee. Iraq and Turkey have agreed to begin work on the Development Road project, with several contracts signed covering energy, transport, education, and water during a visit to Ankara by Prime Minister Ali al-Zaidi. According to the Prime Minister's Office, Ali al-Zaidi made the announcement at a joint press conference with Turkish President […]
By John Lee. Iraq and Turkey have signed three memoranda of understanding (MoUs) in Ankara, covering industrial property, police training, and youth and sports cooperation. According to the Iraqi Prime Minister's Office, the signing was witnessed by Prime Minister Ali al-Zaidi and Turkish President Recep Tayyip Erdoğan. The agreements are: An MoU on industrial property […]
By John Lee. Iraq and Iran have signed four agreements and memoranda of understanding (MoUs) covering transport, rail, municipal ties, and public administration, during a ceremony in Tehran. According to the Prime Minister's Office, the signing was witnessed by Prime Minister Ali al-Zaidi and Iranian President Masoud Pezeshkian. The agreements were signed on the Iraqi […]
By Simon Watkins, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside Washington's Quiet Bid to Break China's Grip on Iraq It looks like the U.S.'s renewed engagement with Iraq could signal a major shift back in Baghdad's geopolitical alignment away from […]
