Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The Minister of Water Resources, Dr.Hassan Janabi, has met with the Romanian Ambassador in Baghdad, Mr. Lacop Prada and the Economic Officer of the Embassy. During the meeting, they discussed cooperation in the area of irrigation, and the possible contribution of Romanian companies in dredging the Tigris and Euphrates rivers and preparing […]
At a major Iraqi business event on Monday, there was a strong sense that Iraq's fortunes are turning a corner, with the Islamic State group (IS, ISIS, ISIL, Da'esh) on the retreat, and substantial export funding newly available for projects in the country. More than 250 delegates attended the Iraq Britain Business Council (IBBC)'s Spring […]
By John Lee. Nikkei Asian Review reports that state-owned Japan Bank for International Cooperation (JBIC) and the country's two leading commercial banks -- Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Banking -- are preparing to make Japan's first loan to Iraq in 31 years. The consortium will support an Iraqi government power project with a […]
By Emily Couch. Clean water, clean start: AMAR water treatment plant revitalises Basra Community Iraq has long been hampered by a failing water system. The devastating 2007 cholera outbreak underlined the desperate need to improve Iraq’s water and sanitation systems. In 2008, UNICEF reported that less than 50% of the country’s population had access to […]
The Iraq Britain Business Council (IBBC)'s Spring Conference & Networking Event in London is just days away, but you still have a chance to meet more than 150 key stakeholders, business partners and prospects active in the Iraqi market. The Conference -- Iraq: Rising Confidence -- takes place on Monday 3rd April 2017 at the […]
A study by the Iraqi Government into a planned oil pipeline that would extend from Iraq to Jordan has revealed that the project will cost between 5 and 7 billion dollars. Jordanian press quoted energy minister Ibrahim Seif saying that a decision over the implementation of the project is expected from the Iraqi side soon. […]
The Iraqi Cement Company in coordination with the National Investment Commission (NIC) are pleased to announce the investment opportunities for : Fallujah White Cement Plant Babil Cement Plant The Lime Plant in the Holy City of Karbala We invite specialized Iraqi, Arab and International companies, investors and financers to participate in these investment opportunities to […]
Five engineers from the Ministry of Water Resources at the Mosul Dam project in Iraq and one engineer from Trevi S.p.A., the construction company working on the project, recently completed three weeks of training with a U. S. Army Corps of Engineers (USACE) Data Management Reach Back Team. They learned about a Nashville District developed […]
Fitch Ratings has revised the Outlook on Iraq's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at 'B-'. The Country Ceiling has been affirmed at 'B-' and the Short-Term Foreign-Currency IDR at 'B'. KEY RATING DRIVERS The revision of the Outlook reflects the following key rating drivers: Iraq's fiscal […]
By John Lee. The head of an Irish engineering firm has said his company is aiming to increase its work at Iraq's West Qurna oilfield. In an interview with John Reynolds for the Irish Independent, Michael Looby (pictured), Founder and Managing Director of ByrneLooby, added: "Southern Iraq is stable and well-developed. Our clients are very […]
By Salam Zidane 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 meeting held Feb. 21, Najaf’s provincial council followed in the footsteps of Dhi Qar, Muthanna, Wasit and Diwaniyah and voted against the privatization of the electricity sector in […]
In Mosul a battle is raging to take back the city from ISIL. As the fighting ends, essential work is ramping up to make sure that people who have been displaced by occupation and war can return to their homes as fast as possible - and stay there. Already in the past year, the United […]
