Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. France has reportedly agreed to lend Iraq 1 billion euros to help in the reconstruction efforts. According to Reuters, Foreign Minister Jean-Yves Le Drian announced the agreement to reporters following a meeting on Monday with his Iraqi counterpart Mohammed al-Hakim in Baghdad. The cost of reconstruction in Iraq is estimated at $88 […]
By John Lee. King Abdullah II of Jordan arrives in Baghdad today on an official visit to Iraq for talks with President Barham Salih, and Prime Minister Adil Abd Al Mahdi and senior officials, with a view to strengthening bilateral relations and regional development. According to a report from The Arab Weekly, the two countries […]
By John Lee. Housing prices in Iraqi Kurdistan have reportedly increased by 20 percent in 2018, while rents has gone up by 15 percent. Citing research from real estate company Baghi Khoshnawati, Rudaw says that demand for rental accommodation in the second half of 2018 has increased by 45 percent compared to the first half […]
Cultural Property Consultants (CPC) and the University of Pennsylvania Department of Near Eastern Languages and Civilizations (NELC) have been awarded a $2 million grant to launch the Mosul Heritage Stabilization Program (MHSP). MHSP seeks to assist Iraqis in the preservation and protection of cultural heritage by contributing to the maintenance and promotion of cultural memory, […]
By John Lee. China’s Sinoma International Engineering has signed a $246-million contract to build a 6000-tonne/day clinker production line in Iraq. The plant will be built for Iraqi Cement in the Samawah of Muthanna. It will handle the entire production process, from raw material crushing to finished cement packaging. Once the contract is finalised, the […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In northern Iraq, several projects are trying to help Yazidi women support themselves and their loved ones after ISIL drove them from their towns and villages into refugee camps. But as the threat […]
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 […]
