Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By Adnan Haj Omar, Editor-in-Chief of Arabisk London Magazine. The operations to annihilate ISIL once and for all have finally reached their last stage. The latest round of peace talks in Astana has resulted in the finalisation of a de-escalation zone. The Kurdish issue has become a common denominator and a priority to be addressed […]
The Government of New Zealand has contributed an additional US$1 million to UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings the New Zealand’s total contribution to FFS to $2 million to date. Based on priorities identified by the […]
The World Bank has approved a US$400 million financial assistance package today to support the recovery, reconstruction and rehabilitation of priority infrastructure to restore delivery of public services in areas of Iraq newly liberated from the Islamic State of Iraq and Syria (ISIS). The package represents an additional financing to the Iraq Emergency Operation for […]
On November 1, the Iraqi cabinet set the date for the upcoming parliamentary election as May 15, 2018. In a statement, the cabinet said that the federal government would be responsible for providing a secure environment to hold the elections and help displaced persons return to their districts for the elections, electronic voting will also […]
Rebuilding Iraq is central to the agenda of the Iraq Britain Business Council (IBBC) autumn conference at The Address, Dubai Marina on 12th November. The opportunity for businesses in the region to engage in Iraq is reflected by the attendance of a number of high profile Iraqi Ministers: from Electricity, Transport, Oil, Construction and Housing, […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria yesterday, conducting eight strikes consisting of 14 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria Coalition military forces […]
JICA to Support Reconstruction in Power Supply and Iraqi Government’s Fiscal Reforms: Signing of Two Japanese ODA Loan Agreements for Iraq The Japan International Cooperation Agency (JICA) and the Iraqi Government have signed two loan agreements at Ministry of Finance in Baghdad. These two ODA (Official Development Assistance) loans, amounting to JPY 57,220 million (approximately […]
The Government of Italy has contributed an additional US$2.7 million (€2.4 million) to UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings Italy’s total contribution to FFS to almost US$10.6 million (€9.4 million) to date. Based on priorities identified […]
Planning Prospects for the Reconstruction and Recovery of Mosul Discussed with Key Partners The United Nations Human Settlements Programme (UN-Habitat), under the patronage of the Secretariat of the Council of Ministers, hosted a seminar in Baghdad to discuss Planning Prospects for the Reconstruction and Recovery of Mosul. The event gathered a wide range of partners, […]
The International Container Terminal Services Inc. (ICTSI) has signed the Expansion Agreement for the second major development phase of the Basra Gateway Terminal (BGT) in North Port, Umm Qasr, Iraq. Two new berths will be developed incorporating a 20 hectare yard area thereby raising annual BGT container handling capacity by 600,000 TEU to a total […]
Ur State Company, one of the companies of the Ministry of Industry & Minerals is pleased to announce the availability of an investment opportunity to participate in a percentage of production medium voltage cables products and invites Iraqi, Arab and foreign companies with experience and specialization in the field of investment to participate and contract […]
Harlow International and its security companies achieve ISO 9001:2015 accreditation for meeting international quality standards Harlow International and its two security service companies, Al Murabit Security Services (“AMS-91”) and Al Thaware Security Services (“ATS-109”), have been awarded the ISO 9001:2015 accreditation. AMS and ATS are the first and only Iraqi security companies to be awarded […]
