Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Following extensive discussions, the Iraqi Ministry of Oil and Baker Hughes, a GE company (BHGE) signed a contract for fast-track solutions to help the recovery of flare gas in line with the country’s strategy for energy sector development. An advanced modular gas processing (NGL) plant has been recommended for Nassiriya as part of the initiative […]
By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While Iraq’s war against terror is far from over, the conclusion of the Mosul offensive should mark the high point in the cost of […]
The Government of the UK has contributed an additional US$5.2 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 the UK’s total contribution to FFS to US$15 million to date. Based on priorities identified by the Government […]
The United Nations Development Programme (UNDP) and Sulaimaniyah Governorate completed the rehabilitation of the main water network providing safe drinking water to hundreds of thousands of people. UNDP’s Iraq Crisis Response and Resilience Programme (ICRRP) and Sulaimaniyah Governorate repaired key components of the main pipeline that transfers water from Dukan Lake to Sulaimaniyah Governorate. Pumping […]
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:
