Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq, together with UNESCO, has concluded a comprehensive aerial survey of Iraqi heritage destroyed by the Islamic State (IS), paving the way for further cooperation to restore various […]
By John Lee. One of the largest shipments ever to be moved on Iraq's roads, this electrostatic desalter vessel weighs in at over 200 tonnes, and is over 44 meters long. It was moved into place recently at BP's Rumaila oil field. (Source: BP)
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi military leaders expect victory this week against the Islamic State (IS) in the battle for Mosul, and the government has unveiled a $100 billion, 10-year reconstruction plan […]
By John Lee. Rudaw reports that the construction of a dam in Iran has led to a major reduction in the supply of water to the town of Qaladze in the Kurdistan Region of Iraq. The dam in Sardasht is on the Khas river, which flows into Qaladze; water supplies are said to be down […]
Maneuvering through narrow streets in the stifling heat, 24 Sarens employees and 5 police officers successfully delivered an oil rig to the North Rumaila Oil Field in southern Iraq. This super-giant oil field is an important resource: it contains an estimated 17 billion barrels of oil, or 12% of the country's reserves. Sarens performed the […]
The Government of Australia has contributed an additional US$1.5 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 Australia’s total contribution to FFS to almost US$3 million to date. Based on priorities identified by the Government of […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Locals In Anbar Take Reconstruction And Security Into Their Own Hands Sick of waiting for promised aid, locals in Anbar are doing their best to reconstruct their own lives - […]
By Ashley Goodall. How British Creativity can help Iraq and rebuild nations and communities. As middle Eastern economies begin to realise dependency on oil is no longer an option, they are diversifying their economies and evolving their cultures to position for the future, key is creativity and the tech economy. For many the’ Iraq’ word […]
By John Lee. Chinese engineering company Norinco International has reportedly signed a contract with Jabal Bazian Co for General Trading [Jabal Jaber Bazian Company for General Trading] for the construction of a new cement plant in Iraq. The $445-million contract covers the plant's production line design, purchasing, construction management, operational work as well as administration […]
Marking a key milestone in Fallujah’s recovery, the Government of Iraq and UNDP’s Funding Facility for Stabilization (FFS) re-opened Al Azrakiyah Water Treatment Plant, which provides safe water to more than 60% of the city. The rehabilitation of the plant was one of the key projects requested by the Anbar Command Cell, which is responsible […]
IMF Team Reaches Staff-Level Agreement on Second Review of Stand-By Arrangement with Iraq The Iraqi authorities and an International Monetary Fund (IMF) team reached a staff-level agreement on the second review of the Stand-By Arrangement (SBA) that was approved by the IMF Executive Board on July 7, 2016 (See Press Release No. 16/321). The SBA […]
U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria on Saturday, conducting 32 strikes consisting of 65 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, […]
