Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The National Investment Commission (NIC) has announced a new investment opportunity in Iraq: Rehabilitation of Bismayah Connecting Road, Ministry of Construction, Municipalities and Public Works (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq to expand Karbala shrine for growing number of pilgrims The Iraqi city of Karbala is planning a major expansion of a key religious site to cope with a growing number of pilgrims. […]
By John Lee. Approximately $64 million has reportedly been embezzled in Mosul by officials said to be close to the recently-sacked governor, Nawfel Akoub, who is currently on the run following a warrant for his arrest in relation to the Mosul ferry disaster. AFP quotes Iraq's Integrity Commission as saying that officials "close to Akoub" […]
The United Nations Development Programme (UNDP) and the courier company DHL , in partnership with the Joint Crisis Coordination Centre (JCCC) in Kurdistan Regional Government (KRG) conducted a workshop on Getting Airports Ready for Disasters (GARD) for the period 14th to 18th Apr. The workshop aimed to prepare airports personnel to handle the logistical situations […]
By Harith Hasan, for Carnegie Middle East Center. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. From Radical to Rentier Islamism: The Case of Iraq’s Dawa Party Shia Islamist parties have emerged as major political actors in Iraq after the U.S. invasion and […]
By John Lee. Attock Cement Pakistan Limited (ACPL), which makes the Falcon brand of cements, has announced that trial production has started at its newly-built plant in Iraq. The Express Tribune quotes analyst Syeda Humaira Akhtar as saying: "The demand scenario in Iraq is very strong and it is going to be stronger with expected […]
Supporting Recovery and Stability in Iraq through Local Development The Steering Committee of the programme Supporting Recovery and Stability in Iraq through Local Development held its first annual meeting in Erbil, on 17 April 2019. The programme is funded by the European Union (EU) with €47.5 million over 4 years, and implemented by the United […]
By John Lee. Iraq and Saudi Arabia have signed 13 political and economic agreements during the visit by Prime Minister Adel Abdul Mahdi to the Saudi capital Riyadh. According to Reuters, Iraqi Oil Minister Thamer Ghadhban has said that Saudi state-owned oil giant Saudi Aramco will help Iraq explore for gas in the western desert. […]
U.S. Government to Provide Additional $100 Million for Iraq Stabilization US Chargé d’Affaires Joey Hood has announced that the United States Government intends to provide an additional $100 million to help stabilize liberated areas once held by the Islamic State. The United States Agency for International Development (USAID) will provide the funds to the United […]
By John Lee. The National Investment Commission (NIC) has announced a new investment opportunity in Iraq: Due to the historical heritage Thi Qar province enjoys, which goes to thousands of years back and admired by many countries around the world, the need for building the Nasriya International Airport is of great importance in order to […]
By John Lee. Iraq, Iran and Syria are reportedly planning to build a railway connecting the three countries. According to media reports, Salib al-Hussaini, the head of the Iraqi Railway Company, has announced a tripartite summit to discuss the project. (Source: Prensa Latina) (Picture credit: Christian Lindgren)
By John Lee. Philippines-based International Terminal Container Services Inc. (ICTSI) has reportedly allocated additional funds for capacity expansion at its Basra Gateway Terminal (BGT) at the Port of Umm Qasr. Rafael Consing, ICTSI chief financial officer, is quoted by the Philippine Daily Inquirer as saying that this year’s capex budget of $380 million will be […]
