Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
The Ministry of Planning and the United Nations signed a Memorandum of Understanding (MoU) to establish the Iraq Reconstruction and Recovery Trust Fund in support of the Government's Recovery and Development Framework. Iraqi Minister of Planning Dr. Nouri Sabah al-Dulaimi signed on behalf of the Government of Iraq. Marta Ruedas, the Deputy Special Representative of […]
The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mr. Adil Abd Al-Mahdi. It: voted to adopt the recommendation of the Ministerial Council on Energy on the Charter of Cooperation of Oil-Producing Countries which aims to promote stability in the global oil market; approved the allocation of […]
By John Lee. Pakistan-based Lucky Cement has said that it plans to achieve commercial production at its greenfield clinker production facility in Samawah by the end of first quarter of financial year 2020-21. In its Annual Financial Report, the company said that the first shipment of plant and machinery to the 1.2-million-tons-per-annum project is expected […]
This past week, IBBC’s , Christophe Michels, Managing Director of the Iraq Britain Business Council (IBBC), and IBBC’s Deputy Chairman, Eng. Rasmi Al Jabri, visited Iraq with Brigadier James Ellery CBE, Chairman of Turnkey LLC. The main focus of the visit was construction and redevelopment in Ramadi, Anbar Province, which has undergone a remarkable period […]
By John Lee. On Tuesday 23 July, Khaled T. Kanaan, Chairman of the Jordan Iraqi Economic Association (JIEA), met with Ali Senafi, Chairman of the Iraqi Contractors Federation, and who also holds the position of Chairman of the Arab Contractors Federation. Discussions revolved around methods for facilitating Jordanian and Iraqi contractors in executing projects in […]
By John Lee. Iraq's National Investment Commission (NIC) has reportedly approved plans for a British company to develop a 4,000 acre site near Baghdad International Airport (BIAP). According to Thomson Reuters, the NIC is negotiating with Iraqi companies to develop the remaining 16,000 acres of the land that cabinet approved for development in May. More […]
By John Lee. Reuters has reported that the Iraqi government has authorised the Ministry for Oil to sign an initial agreement with Netherlands-based Royal Boskalis Westminster to build an "offshore oil export installation". IBN's requests to the company for confirmation have not been returned. (Source: Reuters)
By John Lee. Bina Puri Sdn Bhd, a wholly-owned subsidiary of Malaysia's Bina Puri Holdings Bhd, has successfully secured a new contract for the proposed dual-lane road from Al-Islah Junction to Al-Jabayish at Nasirya City, in Thi Qar [Dhi Qar] province. The project, worth IQD87 billion ($73 million), includes the construction of 74.5 km dual […]
Health, sport, nature: Key sites in Mosul reopen after damage by ISIL Al Rabee Primary Healthcare Center, the Al Muthana Sport and Youth Center and the East Mosul Nursery Plantation were officially reopened today by the Government of Ninewa, following their rehabilitation by the United Nations Development Programme (UNDP). “While a lot of work remains […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Slow progress is being made to rebuild the ruined city of Mosul in northern Iraq. It is two years since the Iraqi army, with a United States-led coalition and Iran-backed Shia militias, drove […]
By John Lee. The Iraqi Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi, at which it discussed a series of recommendations by the Ministerial Committee for Energy regarding a number of strategic projects aimed at increasing Iraq’s oil production and exporting capacities. The Cabinet approved […]
By Rasha Mahmoud for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Looking to make inroads into reconstruction projects in Libya and Iraq, Cairo kicked off its annual Builders of Egypt Forum, one of the country's biggest events in the construction industry. Egyptian Prime Minister […]
