Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Saturday laid the foundations of three integrated water and infrastructure projects in the districts of Al-Shafiya, Nafar, and Al-Salahiya in Al-Diwaniyah province. The projects, covering wastewater, stormwater, transmission lines, and pumping and treatment stations, have a total cost of approximately 114 billion Iraqi dinars (about USD […]
By John Lee. Bab Al Karama Company has won a contract with the United Nations Office for Project Services (UNOPS) for "Construction of Fence for 40 Category IV Housing Units in Sinjar, Iraq" Reference: RFQ/2025/59450. The contract value was stated as $227,130. (Source: UNGM)
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 30th Oct 2025. Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 2,382.9 2.5% 5.9% RSISX USD […]
Al Busttan Company for General Services has signed an Engineering, Procurement, Construction, Lease and Operate (EPCLO) contract with TotalEnergies EP Ratawi Hub (TEPRH) for the design, build and operation of a 200-man Pioneer Camp in the Ratawi Field in Basra. Pictured at the signing ceremony held at Al Busttan's North Rumaila office are Mr Ismael […]
By John Lee. The Iraqi Cabinet has approved a major project to rehabilitate, develop, and operate Baghdad International Airport through a partnership with a global private-sector operator. The initiative aims to raise the airport's standards to meet international aviation safety and security requirements, attract international airlines, and restore Iraq's reputation in the global air transport […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has confirmed that the Iraqi government has established a defined timeline to achieve its energy project goals, during a meeting with U.S. Deputy Secretary of Energy James Patrick Danly and his accompanying delegation in Baghdad on Tuesday. The meeting was also attended by U.S. Chargé d'Affaires Joshua […]
By John Lee. The Ninth Cabinet of the Kurdistan Regional Government (KRG) has announced that it has reinforced electricity infrastructure to achieve a continuous, 24-hour power supply across the region. The Ninth Cabinet has expanded power generation by 1,840 megawatts through new power stations, and completed more than 3,500 distribution and 61 transmission projects to […]
By John Lee. As part of efforts to expand homeownership opportunities for citizens and activate national initiatives supporting middle- and low-income groups, the Prime Minister of Iraq has directed the relevant authorities to take the necessary steps to implement a proposal to simplify housing loan procedures for government employees. The proposal, jointly prepared by the […]
By John Lee. UAE-based Damac has launched "Damac Hills Baghdad", which it describes as a landmark luxury development set to redefine the real estate landscape of Baghdad. At its launch event, the company expressed its commitment to delivering exceptional real estate projects and setting new standards of excellence in Baghdad's property sector. (Source: Damac)
By John Lee. UNHCR Iraq has published "UNHCR Iraq At a Glance - October 2025". According to the overview: "Iraq is leaving behind the effects of three decades of political turmoil and armed conflicts that deeply impacted its people. The country has been experiencing relative stability and is advancing towards sustainable development, including solutions for […]
By John Lee. The Iraq National Housing Policy 2025-2030 sets out plans to strengthen private sector participation in housing finance through Policy 3.4, which focuses on providing facilities for government-subsidised housing loans to enable private lending. The sub-pillar, titled "Increase the Ability of Private Banks to Provide Affordable Loans," addresses the limited role of Iraq's […]
By John Lee. The fourth round of political consultations between the Republic of Iraq and the Republic of Turkmenistan was held on Monday, 20 October 2025, at the Ministry of Foreign Affairs in Baghdad. The Iraqi delegation was headed by Ambassador Mohammed Hussein Bahr Al-Ulum, Deputy Foreign Minister for Bilateral Relations, while the Turkmen side […]
