Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Shaima was 17 years old and entering her junior year in school in Erbil. Her mother, who was worried about family "honor," often challenged her daughter in heated discussions. Eventually, […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Sinjar road reconnects estranged Yazidis and Kurds with Baghdad Nadia Murad (pictured), the Nobel prize laureate who has emerged as the universal face of Yazidi persecution by the Islamic […]
Even after the military defeat of ISIS, the Netherlands will continue working to ensure security and stability in Iraq and the wider region. Foreign minister Stef Blok made this point during his trip to Jordan and Iraq. ‘We have to do this to prevent ISIS from regaining strength,’ he said. Since the Netherlands joined the […]
Iraqi religious leaders have laid the cornerstone to rebuild Mosul's landmark Al-Nouri Grand Mosque, which was blown up in the battle with Daesh terrorists in 2017. The mosque and its iconic leaning minaret were built in the 12th century. Iraqi forces defeated the terror group in the last of its urban strongholds last year, recapturing […]
His Excellency Prime Minister Adil Abd Al-Mahdi expressed his country's pride in the level of relations with Japan, commended the Japanese government for its support in the fields of security, stability, reconstruction projects, economic and cultural cooperation. His Excellency said during his reception to the Japanese Prime Minister's Special Adviser Kentaro Sonoura and his accompanying […]
EU Support to recovery and stability through local development in Iraq - another example of EU-UNDP partnership The European Commission, represented by Director for Development Cooperation for Asia, Central Asia, Middle East/Gulf and the Pacific Region, Mr. Pierre Amilhat, and Gerardo Noto, the UNDP Resident Representative a.i. for Iraq, have today signed an agreement of […]
EU Signs Contracts of 57.5 Million Euros with UN to Support Mosul Recovery, Promises Additional 20 Million Euros Next Month A delegation from the United Nations in Iraq and the European Union Mission to Iraq yesterday toured a number of EU-funded and UN implemented projects in Mosul, seeing first-hand the clearance, stabilization, rehabilitation and development […]
By John Lee. GDP growth in Iraq is expected to hit 4.1 percent in 2019, up from 2.8 percent this year, acccording to data from Moody's. The gain is based on an expectation of oil prices averaging $75 per barrel, and would be the highest level since 2016’s 13.1 percent expansion. The National quotes the […]
By John Lee. Abu Dhabi-based Emirates Steel is reportedly considering expansion into Iraq. Chief Executive Saeed Al Remeithi told The National: "We’re always looking at new markets, one of which we are targeting now is Iraq ... "Iraq is a big growth market for us, and from the logistics point of view it is very […]
The German Ministry of Foreign Affairs has contributed an additional EUR 22 million to the UNDP Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas of Iraq liberated from the Islamic State of Iraq and the Levant (ISIL). This brings the Ministry’s contribution to EUR 80.2 million and the total support from the […]
The Government of Norway is supporting the United Nations Development Programme (UNDP) with an additional NOK 25 million (approximately USD 3 million) for stabilization in Iraq, bringing Norway’s total contribution since 2015 to USD 36 million, the seventh largest donor to FFS. The fund will be directed towards UNDP’s Funding Facility for Stabilization (FFS) which […]
Cash-for-Work project in Halabja paves a safer and easier road to school for local children 42 host community members, IDPs and refugees employed to restore roads and walkways that will enable safe access to schools and markets for families in Halabja. To neighbours in the communities of Azadi and Sirwan, in northern Iraq, paved roads […]
