Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
The Martyrs Firm [Martyrs Foundation?] has announced the opportunity of investing the land lot no. (110/43830) Jazeera with an area of 11 donum out of total 24,200 donum area located in Thi Qar province on the main road leading to al- Sader Hospital next to al- Sader housing compound near Thi Qar Martyrs Directorate Interested […]
By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq has been working to get the FIFA ban on its soccer stadiums lifted by hosting showcase games and wooing international soccer stars to tour the country's facilities. The latest games were held June 26 and […]
The US Department of State has awarded the construction contract for the new US Consulate Complex in Erbil to BL Harbert International of Birmingham, Alabama. The new Consulate Complex will include a Chancery, Marine residence, housing, support facilities and facilities for the community. The architect for the project is EYP of Albany, New York. (Source: […]
The European Commission is scaling up its response to the humanitarian crisis in Iraq with an additional €30 million. The money will enable the EU to continue its support for emergency relief in newly retaken areas, including for families who have recently lost their homes. It will also go towards emergency medical services providers attending […]
By John Lee. The Chinese President Xi Jinping has announced that China will provide 80 million yuan ($11.7 million) in new financial aid to the Iraqi government for post-war reconstruction. In a letter to Iraqi President Fuad Masum, delivered by the Chinese Ambassador to Iraq Mr. Chen Weisheng, the Chinese President China added that China […]
The Ministry of Transport in cooperation with the National Investment Commission (NIC) has announced investment opportunities for commercial, industrial and agricultural purposes according to the location of each lot of land. Investors willing to invest lands referred to are required to send their applications to the Ministry of transport/ Investment Dept. Or to NIC: [email protected] Or […]
The Iraq Britain Business Council (IBBC) held its annual weekend retreat on 7-9 July at Cumberland Lodge, Windsor Park, a venue dedicated to the advancement of international societal issues through constructive dialogue. Around 60 IBBC Members and guest speakers attended this unique event to discuss pressing issues on the future of Iraq’s economy, prospects and […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi Prime Minister Haider al-Abadi declared victory in the "liberated" city of Mosul on Sunday, his office said, in the biggest defeat yet for the Islamic State group:
Deloitte Middle East (DME) has launched a guide to doing businesss in Iraq. The “Doing business guide - Understanding Iraq’s tax position” addresses the key tax considerations for doing business in Iraq, alongside key economic, industry and market drivers which impact starting up a business there. The complexity of tax compliance in Iraq has grown […]
The Iraq Britain Business Council (IBBC) has announced that several new companies have joined the Iraq Britain Business Council in 2017, each of which are underpinned by strong reputations for innovation, reliability and a commitment to investing in Iraq. Al Ratba’a Contracting Company, Al-Burhan Group, Iraq Star Group, Serco, Shamara Holding, Cresent and Rolls Royce […]
By John Lee. The government of Iraq has reportedly approved the construction of 3,812 new houses in south eastern Maysan [Missan] governorate. The privately-funded project on a 1.6 square km site will be completed within three years and will include services and commercial facilities. The cabinet has asked the National Investment Commission (NIC) to invite […]
By John Lee. United States-based SPX Flow is reported to be setting up a joint venture with Al Wajdi Group (WTE) to service rotating and static equipment, including pumps, for oil and gas, industrial and power customers in Iraq. According to World Pumps, SPX Flow & WTE Energy Industrial Services FZCO will have offices in […]
