Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
High-ranking officials from Iran, Syria, and Iraq have agreed to create “a multimodal transport corridor” a part of efforts to boost trade relations between the three Muslim nations. “The three friendly and brotherly countries of Iran, Iraq, and Syria have good and growing business relations,” Iranian Deputy Minister of Roads and Urban Development Shahram Adamnejad […]
Official delegations from Iran and Iraq held the second meeting of a joint commission for coordination on Arvand Rud, a border river flowing in Iran’s southwestern province of Khuzestan. The Tuesday meeting was held in Tehran within the framework of an agreement signed by the heads of the two states. The meeting was co-chaired by […]
By John Lee. The Government of Norway and the United Nations Development Programme (UNDP) signed a partnership agreement today for USD 9 million (NOK 75 million) to support stabilization and recovery efforts for Iraq post-ISIL. Norway’s contribution will be channelled through UNDP’s Funding Facility for Stabilization (FFS) which finances fast-track initiatives in areas liberated from […]
By John Lee. The Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi. The Cabinet approved a series of recommendations from the Ministerial Economic Council to support the growth of Iraq’s cement industry and to ensure that production capacity continues to meet domestic demand. No details […]
By John Lee. The Iraqi government has issued a report on the implementation of its 2018-2022 programme. The report covers the period from October 2018, when the government came to office, to April 2019, providing an overview of what has been implemented from the government programme, identifying obstacles that may impede the completion of several […]
By Padraig O'Hannelly. Iraq's Deputy Minister at the Ministry of Construction, Housing, Municipalities and General Works has presented details of reconstruction projects underway in areas affected by terrorism. Dr Dara Reshid, who is also Vice President of the Reconstruction Fund for Areas Affected by Terroristic Operations (REFAATO), told CWC's Kirkuk & Mosul Megaprojects conference in […]
By John Lee. A new report by Ali Al-Mawlawi (pictured) argues that the targets of Iraq's National Development Plan (NDP) are far too optimistic. In a paper for the Al-Bayan Center for Planning and Studies, entitled "Iraq’s National Development Strategies: Exploring Weaknesses in Policy Planning and Investment", he says greater coordination is required between the […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Basra protests build in Iraq as sub-standard services persist In an exclusive interview with Al-Monitor, Iraqi Minister of Electricity Luay al-Khatteeb talked about the situation of Iraq’s electricity sector amid tense […]
This weekend, the Iraq Britain Business Council (IBBC) hosted its annual members’ retreat at Cumberland Lodge, Windsor Park, which was generously sponsored by Al Burhan Group. As with previous years, it was very well attended by over seventy delegates, and allowed our members to mingle and network with representatives of other businesses, civil servants, and […]
By John Lee. The Trade Bank of Iraq (TBI) has officially opened its new headquarters in Baghdad. Located on Al Rasheed Street in the heart of Baghdad, the new headquarters is wholly owned by the bank and is designed to facilitate collaboration, bringing 670 Baghdad-based employees of TBI under one roof for the first time. […]
EU Provides Additional EUR 2M to IOM Iraq for Critical Infrastructure Improvements in Camps Five years after the onset of the ISIL crisis and the subsequent massive internal displacement, over half a million Iraqis continue to live in camps. The European Union (EU) has awarded an additional EUR 2 million to IOM in Iraq to make critical […]
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed two new members. Protechnique -- a British contractor providing premier technical, engineering, construction, management and capacity building support throughout the world; to federal, regional, and local government agencies, as well as private industries and multi-lateral agencies; UniHouse -- a global professional training, consultancy and […]
