Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
The United Nations Human Settlements Programme (UN-Habitat) welcomes an additional contribution of USD 3.6 million from the Government of Japan to support reconstruction and peacebuilding in Iraq through the rehabilitation of war-damaged houses and construction of low-cost housing units in Sinjar, Ninewa Governorate. Under the new phase of this project, UN-Habitat will improve living conditions […]
DNO ASA, the Norwegian oil and gas operator, today announced a 30 percent or USD 300 million reduction in its 2020 budget to shore up its balance sheet in the face of unprecedented market convulsions and plunging oil prices triggered by the coronavirus pandemic. Steps have already been taken to suspend most discretionary drilling and […]
A 29 MW gas-fuelled power plant supplied by the technology group Wärtsilä to the Umm Qasr Ports Authority Zone in Basra, Iraq, commenced commercial operations in February. The plant ensures availability of a reliable supply of electricity to the port's operations, which had previously been subject to frequent power interruptions. The Wärtsilä plant was ordered […]
UNICEF partners with the Republic of Korea to provide water and sanitation services for the most vulnerable children in Iraq Approximately 3 million children and young people across Iraq need humanitarian support as they try to recover from years of conflict and violence. The Republic of Korea has partnered with UNICEF and contributed US$1 million […]
COVID-19 preventive measures during mass gatherings discussed with religious leaders and health officials in Iraq As millions are expected to visit Iraq in the coming month for religious events, WHO is working with religious leaders and health officials to discuss necessary preventive measures to improve planning for mass gathering events during visits to holy sites […]
Hospitals and bridges: Major sites re-open in Ramadi highlighting city’s recovery The Government of Iraq has re-opened two major infrastructure projects in Ramadi following their rehabilitation by the United Nations Development Programme (UNDP). The re-opening of Ramadi Maternity Hospital and the Palestine Bridge marks a significant moment for the recovery of the city after years […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Rest Station- Descendant 000 + 49, Ministry of Construction and Housing Rest Station- Ascendant 500 + 366, Ministry of Construction and Housing Rest Station- Ascendant 000 + 514, Ministry of Construction and Housing Rest Station- Descendant 200 + 101, Ministry of […]
Kerlink, a French-based specialist in solutions dedicated to the Internet of Things (IoT), has announced the success of a United Nations High Commissioner for Refugees (UNHCR) pilot program for reservoir monitoring in Uganda and Iraq, which incorporates Kerlink’s LoRaWAN gateway technology. The effectiveness of the sensor-to-cloud monitoring programs in remote locations is resulting in near-term […]
By John Lee. An article for Port Strategy has questioned whether Iraq’s huge Al Faw port project is it really necessary, or is just a 'rice bowl' for a select few enabled by dysfunctional government? "It appears to be a text book case study in a government and civil society short on technical and commercial […]
UNESCO to begin work at Al-Tahera Church in Mosul UNESCO will soon start reconstruction of the Syriac Catholic Al-Tahera Church in Mosul, Iraq, that was severely damaged in 2017. More than a church, Al Tahera is a symbol of the diversity that has been the story of Mosul for centuries. An iconic symbol woven into […]
Luna park and a multi-store Parking Garage / Babil province According to investment law no. 13 for the year 2006 as amended and its regulations, Iraq’s National Investment Commission (NIC) is pleased to announce the investment opportunity of constructing a Luna park and a multi-store Parking Garage on the land lot numbered 2/400 m 8 […]
Prime Power Middle East (PPME), a wholly owned subsidiary of Prime Metro Power Holdings Corporation, has commenced operation of its power plant in Umm Qasr, Basra. The power plant started its commercial operation last Sunday, 09 February 2020, and is designed to deliver base load of 24/7 power to the Umm Qasr Ports Authority Zone. […]
