Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Minister for Foreign Affairs Pekka Haavisto visited Iraq on 22-23 July at the invitation of Iraq's Minister of Foreign Affairs Fuad Hussein. The central purpose of the visit was to establish relations with Iraq's new Government, to express support for Iraq's stabilisation efforts, and to exchange views on topical bilateral and regional questions. Iraq is […]
By Ali Al-Mawlawi for the Royal Institute for International Affairs (Chatham House). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's public sector has shown formidable resistance to reform. The goal of this briefing is to guide policymakers, international financial institutions and development agencies in their design […]
By John Lee. Iraqi Prime Minister Mustafa al-Kadhimi met Iran's Supreme Leader Ayatollah Ali Khamenei on his first foreign trip since taking office. Following the meeting they announced that they have agreed to "revitalise current agreements between our two countries, including the agreement to establish a rail link between Iran and the Iraqi city of […]
The text of the following statement was released by the Governments of the United States of America, the Republic of Iraq and the Gulf Cooperation Council (GCC): The Government of Iraq, Gulf Cooperation Council, and United States have renewed their full support for the Gulf Cooperation Council Interconnection Authority (GCCIA) project to connect the electricity […]
Six Years After Yazidi Genocide, Investment in Services is Crucial for Returning Yazidi Families Nearly six years after the Yazidi genocide, up to 200,000 Yazidis are still displaced, many living in camps only hours away from their homeland of Sinjar, in Iraq's Ninewa Governorate. Despite previous low levels of return, June 2020 saw a marked […]
The Iraqi Cabinet held its weekly meeting in the city of Basra on Wednesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At the start of the meeting, the Prime Minister said that the Cabinet meeting in Basra is the first of a series of such meetings that will take place in other Iraqi cities […]
By John Lee. The Iraqi Government has announced that commercial operations have begun at the "Al-Kaytan Falcon Cement Plant" in Basra. According to a government tweet, the project cost $43.7 million to build, has a production capacity of a million tonnes annually, and created more than 250 new jobs. Falcon is a cement brand owned […]
New Report and Webtool Provide Insight into Iraq's Looming Water Crisis: IOM and Deltares Iraq faces a complex water crisis that is expected to persist and might have implications at the humanitarian, socioeconomic, security and social levels, including population movements. In July 2019, the International Organization of Migration (IOM) in Iraq identified 21,314 internally displaced […]
By John Lee. Al-Amar Al-Hadeth for General Constructional Contracting Ltd. has won a contract with the United Nations Secretariat for the "Renovation of WASH Infrastructure in Sumel, Dohuk". The contract is worth $166,545. (Source: UNGM)
By John Lee. The Iraqi Civil Aviation Authority (ICAA) has reportedly extended of the ban on regular flights in the country until 15th July. According to Xinhua, the ban includes both domestic and international flights with the exception of those of emergency, medical evacuation and air cargo as well as planes that cross Iraqi airspace. […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Construction of a Housing Compound, NIC (Source: National Investment Commission)
In Iraq, a country most recognized for its oil production, it's the micro - small - and medium-enterprises (MSMEs) that bring life and colour to the streets. Despite being the 'small' players in business, the private sector (excluding oil) accounts for close to 60% of employment, with MSMEs active in the widest range of sectors […]
