Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Monday, conducting 14 strikes consisting of 14 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria In Syria, […]
"The fight against Isil in Iraq is being won. Some 90 % of the areas previously held by Isil have been liberated, and over two million internally displaced Iraqis have returned home. These people are in a very vulnerable situation. It is vital that access to schools, hospitals and other basic services is restored as […]
An official in the Arabian Gulf has stated that construction companies and others in the Gulf Cooperation Council (GCC) look forward to participating in reconstruction projects in Iraq, stressing that it has the potential to qualify for this role. Abdul Rahim Naqi, secretary-general of the Council of Chambers of the Gulf Cooperation Council (GCC) stated […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Tuesday, conducting 44 strikes consisting of 50 engagements, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of yesterday's strikes, noting that assessments of results are based on initial reports. Strikes in Syria Near Raqqa, […]
The Ministry of Labour and Social Affairs announced that the World Bank has allocated $200 million to implement an emergency project to support stability in the liberated areas. An official spokesman for the Ministry of Labour and Social Affairs stated: “The World Bank has allocated $200 million for the implementation of the emergency project to […]
By John Lee. The Ministry of Higher Education and Scientific Research, in cooperation with the National Investment Commission (NIC), has announced an opportunity to invest in a Student Sports Club project in Baghdad / Al-Sulaikh. More information here. (Sources: National Investment Commission, Ministry of Higher Education and Scientific Research)
By John Lee. Al Fajar Al Alamia, an Omani firm listed on the Muscat bourse, has said that port facilities in the northern part of Oman must be improved in order to handle the high volumes of rock products required in Iraq, Qatar and Bangladesh. Company chairman Saleem bin Qassim bin Ahmed Al Zawawi said: […]
By John Lee. Jordan and Iraq have agreed to set up a joint industrial zone on the border between the two countries, and asked companies on both sides to promptly put in place their visions on implementation. According to Petra, Iraqi Minister of Industry and Minerals, Mohammad Shia' Al Sudani, and Jordan's Minister of Industry, […]
Unit No.4 of the Hartha Thermal Power Station has re-started operations and is supplying 200MW of electricity to the grid, following rehabilitation works funded with the Japanese ODA loan. A completion ceremony was held on 7th September, attended by Mr. Adel Kadhim Jaryan, Deputy Minister of Electricity, Representatives of Basra Governorate, officials of Ministry of […]
Ahead of the international Basra Oil, Gas & Infrastructure 2017 Conference which CWC Group hosts annually with the Basra Governorate, the Basra Council and the Basra Oil Company, Nawar Abdulhadi, MENA Director for CWC Group interviewed Mr Ali Shadad Al Fares, Chairman of the Oil & Gas Committee at the Basra Council. Mr Ali Fares […]
Reconstruction in Iraq could cost nearly $150 billion covering areas damaged by the war over the past three years, an Iraqi newspaper reported on September 7. The World Bank has made a preliminary assessment of rebuilding costs at the request of Iraq's Reconstruction Fund for Areas Affected by Terrorist Operations, according to the Arabic language […]
Moscow is holding negotiations with Iraqi authorities on the possibility of moving the Russian embassy, which currently occupies a building in Baghdad’s Mansour district, to a safer area of the Iraqi capital city, local media reported, citing a Russian diplomatic source. "The negotiations to provide Russia with a new site for the embassy in Baghdad […]
