Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
UK Export Finance (UKEF) has announced that it is supporting the Enka UK and General Electric (GE) consortium with US$117 million in financing to deliver two critical power projects in Iraq. Rt Hon. Greg Hands MP (pictured), UK Minister for International Trade, welcomed the news, saying: "The Department for International Trade through UK Export Finance […]
Prime Minister Dr. Haider Al-Abadi has presided over the first meeting of the Higher Committee for Investment and Reconstruction. The Higher Committee for Investment and Reconstruction has held its first meeting under the chairmanship of the Prime Minister Dr. Haider Al-Abbadi, in the presence of all members of the Committee. Dr. Abadi stressed during the […]
By John Lee. Al-Iraqia Shipping Services & Oil Trading (AISSOT) has announced it will start bunkering operations at several Iraqi ports, with a focus on Basra, Khor Al-Zubair and Umm Qasr. According to a report from Ship and Bunker, the company -- a joint-venture company of Iraqi Oil Tankers Company (IOTC) and Arab Maritime Petroleum […]
On August 5, the Japan International Cooperation Agency (JICA) under the Government of Japan signed a loan agreement with the Government of the Republic of Iraq in Baghdad to provide a Japanese ODA loan of up to 21.556 billion yen (equivalent to approximately USD 191 million[1]) for the Hartha Thermal Power Station Rehabilitation Project (Phase […]
The Iraqi-Czech Economic Forum was held in Baghdad on Sunday, 30.07.17 according to the invitation forwarded by the Iraqi deputy speaker of Parliament, Dr. Humam Hamoodi and with the attendance of public and private sectors representatives of the two sides. The conference started with a welcome speech by Dr. Sami AL- Araji, Chairman of the […]
France contributes US$980,600 to resilience in Iraq The Government of France has contributed US$980,600 (€833,500) to UNDP’s Iraq Crisis Response and Resilience Programme (ICRRP) to promote recovery and resilience-building in areas liberated from the Islamic State of Iraq and the Levant (ISIL). Hundreds of thousands of Iraqis fled the ISIL takeover of the Ninewah Plains […]
The Hydraulic Industries State Company, which is part of the Ministry of Industry & Minerals, has invited domestic and foreign companies to invest in the construction of a production line for welding electrodes: "Those, who wish to participate are welcomed to visit the company in Baghdad – Al Saydia/ beside Al Dora bridge to submit […]
The Iraq Britain Business Council (IBBC) has held its first major networking event in Dubai, to accommodate the demand from its members, who operate from Dubai as a regional business hub. Vikas Handa, the IBBC UAE Representative said over the last few years UAE has emerged as the hub for companies doing business in Iraq, […]
The State Company for Glass & Refractories Industry (SCG&R), part of the Ministry of Industry and Minerals (MIM), has announced an following investment opportunity to rehabilitate, operate and increase capacity for high Alumina Refractory Production Plant according to investment Iraqi law (No. 22 of 1997 article 15/ III): "SCG&R aims by participating with manufacturers and […]
By Nahwi Saeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. In a July 19 statement, Kurdistan Regional Government President Massoud Barzani said that holding a referendum is a natural right of the people of Kurdistan that they will not back […]
Advertising Feature Key figures of the Iraqi Government and Ministries have confirmed their attendance at the annual Basra Oil, Gas & Infrastructure Conference due to take place on 30-31 October in Beirut, to highlight the current investment projects available in Basra’s multiple industries and facilitate a direct dialogue towards promoting further business in Iraq’s Economic […]
Swiss-based ABB has won an order to supply and install a substation at the 3,000 megawatt (MW) Rumaila power plant, located in the Basra region of southern Iraq. The completed power plant will be operated by Shamara Holding Group (SHG), one of Iraq’s largest private industrial conglomerates and an independent power producer. The Rumaila power […]
