Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Siemens has appointed Musab Alkateeb (53) as Chief Executive Officer (CEO) of the company’s operations in Iraq, effective January 1, 2017. Alkateeb will take over from Nael Ghali, and has more than 15 years’ experience working across various sectors in Iraq including oil and gas, finance, business development, IT and trade. Thomas Schmidt (37) takes […]
Over 400,000 people including displaced receive clean water in Baghdad thanks to generous funding from Japan The United Nations Development Programme (UNDP) and the Governorate of Baghdad have completed the rehabilitation of the primary water supply infrastructure in Al Nahrawan District, where water shortages and lack of clean water have exposed displaced people and the […]
By John Lee. Pakistan’s Lucky Cement has announced plans to increase capacity at its grinding unit in Iraq. In a statement to the stock market, the company said that together with its Joint Venture partner, it will to increase its existing cement grinding capacity from 0.871 million tons to 1.742 million tons per annum. This expansion […]
By John Lee. Italy's Italdraghe SpA has delivered a SGT 400 cutter suction dredger, similar to the one pictured, to the Iraqi Ministry of Water Resources. According to a report from Dredging News Online, it is the first of a series of three that the company is supplying to this particular client. (Source: Dredging News […]
Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). The one-year contract, with a one-year option, was awarded following a competitive tender and Petrofac, as the incumbent, plans to build on its four-year track record of safe and successful delivery on behalf […]
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. Iranian Dam Threatens Iraqi Kurdistan’s Legendary Sirwan River When neighbouring Iran tested their new dam recently, levels on an important Iraqi Kurdish river dropped four meters. Locals fear when the […]
British water engineering company Biwater has been awarded a $1.2 billion contract by the Kurdistan Regional Government to meet vital water supply and sanitation needs. Biwater have been contracted to deliver water and wastewater treatment solutions for the cities of Erbil and Sulaimani in the Kurdistan Region of Iraq. Works will alleviate the current strain […]
The UN High Commissioner for Refugees (UNHCR) has issued an update on the Iraq situation as at 6th December: KEY FIGURES 82,068 People displaced from Mosul and surrounding areas since the military offensive began on 17 October1 11,705 UNHCR kits of core relief items distributed to families (assisting some 70,000 people) displaced from Mosul and […]
By John Lee. GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have reportedly signed a financing MoU to accelerate the development of power and infrastructure projects in Iraq. According to TradeArabia, a similar financing agreement with the three entities earlier this year facilitated the completion of the first phase of the ‘Power […]
UNDP helps the Government of Iraq to enhance international cooperation on sustainable management of Euphrates and Tigris Rivers In collaboration with the Government of Iraq (GoI), the United Nations Development Programme (UNDP) organized a 3-day workshop on enhancing international cooperation on sustainable management of Euphrates and Tigris Rivers. Held over the period of 13 to […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Wednesday, 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 Fighter and remotely piloted […]
By Shelly Kittleson for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Two car bombs hit central Fallujah Nov. 14, killing several civilians and members of the security forces. A curfew has been imposed. This is the first security breach in the city after […]
