Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
The National Investment Commission (NIC) in coordination with the Iraqi Civil Aviation Authority (ICAA) are pleased to announce the investment opportunity of the construction of Diwaniya New Airport according to the provisions of the investment law No. 13 for the year 2006 as amended, and the international general technical and operational requirements for constructing the […]
Australian construction giant CIMIC, formerly known as Leighton Holdings, has reportedly settled a long-running class action with investors over allegations its senior executives had knowledge of corrupt behaviour relating to the Unaoil bribery scandal that hit the company's share price. The class action alleged that CIMIC failed to comply with its continuous disclosure obligations and […]
By Daniel L Byman, for Brookings Institution. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is facing serious unrest that is likely to force limited reforms in the political system but not wholesale change. The current Iraqi power structure, with Iranian support, will […]
In continuing of training sessions conducted in 2017, 2018 and early 2019 for the potential firms/companies throughout Iraq, UNDP Country Office Iraq is planning to conduct E-Tendering training session for firms/companies who have not yet registered with the E-Tendering portal of the UNDP based in Kirkuk Governorate. The training sessions will be conducted on 23 […]
The Ambassador of the Republic of Iraq to Brussels Mr. Sadiq Al-Rakabi received a delegation from the European Investment Bank. They discussed ways of resuming negotiations between the two sides on the framework agreement to be signed between Iraq and the European Investment Bank. The Bank’s funding and support for private sector projects will contribute […]
Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its three-millionth tonne of oil since starting commercial production at the Sarqala field in the Kurdistan Region of Iraq (KRI). Total cumulative production at the Sarqala field has reached three million tonnes, or 23 million barrels of oil, as at December 2019. Daily liquid hydrocarbon production at this asset is currently running at 4,000 […]
By John Lee. Iraq has reportedly received its 24th and final Korea Aerospace Industries (KAI) T-50IQ Fighting Eagle light fighter and trainer aircraft, which is the Iraqi Air Force variant of the T-50 Golden Eagle/FA-50 Fighting Eagle. According to Janes, the delivery of the final batch of aircraft marks an end to the six-year procurement […]
E-Tendering training for potential bidders to be held in Ramadi, Anbar In continuing of training sessions conducted in 2017, 2018 and early 2019 for the potential firms/companies throughout Iraq, UNDP Country Office Iraq is planning to conduct E-Tendering training session for firms/companies who have not yet registered with the E-Tendering portal of the UNDP based […]
More than 3.1 million Iraqi children to be vaccinated against polio Health authorities in Iraq in partnership with the World Health Organization (WHO) and UNICEF have launched a campaign to reach more than 3.1 million children under five years of age with lifesaving polio vaccinations. The five-day campaign aims to target children in 65 districts […]
By John Lee. Iraq reportedly reopened al-Shib border crossing with Iran on Monday, after a 9-day closure. The crossing was closed on 16th November following a request from Tehran due to protests against fuel price incfreases in Iran. (Source: Anadolu Agency)
The Iraq Britain Business Council (IBBC) will also be holding a Tech Forum on 8 December, which will run in parallel with its Autumn Conference at the Address Hotel, Dubai. IBBC tech conference is bringing together some of the key innovators of Tech in Iraq and will be speaking on how Digital Technology can deliver […]
By John Lee. The entrance to Umm Qasr port has reportedly been reopened on Friday after security forces dispersed protesters. According to Reuters, the port had been blockaded since Monday. (Source: Reuters)
