Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Iraqi and Kurdish forces are about 5 miles from Mosul’s outskirts and are clearing towns and villages to the north, east and south of Iraq’s second-largest city, Pentagon Press Operations director Navy Capt. Jeff Davis told reporters yesterday. The United States is seeing what Davis called “unprecedented cooperation” between the Iraqi and Kurdish forces, which […]
By John Lee. Sweden's JLT Mobile Computers has announced that it has successfully delivered a total of 50 JLT VERSO 12 mobile computers to the Basra Gateway Terminal (BGT). BGT, a container and multi-purpose cargo handling facility at the port of Umm Qasr, is operated by Philippines-based International Container Terminal Services Inc. (ICTSI); it opened […]
By Padraig O'Hannelly. The Iraq Britain Business Council (IBBC) has had to cancel its Autumn Conference, originally scheduled for 6th November in Dubai, due to circumstances beyond its control. A spokesperson told Iraq Business News that planning is now underway for an alternative conference to be held in Baghdad in December, with details to be […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 29 banks and 14 remittance companies took part in its currency auction on Wednesday. A total of $146,492,691 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. International Container Terminal Services (ICTSI) has officially inaugurated the first phase of its new $130-million greenfield port development at Basra Gateway Terminal (BGT) in Umm Qasr. Iraq’s Minister of Transport, Kadhem Finjan al-Hamami, attended the ceremony along with ICTSI chairman and president, Enrique K. Razon Jr. The Philippines-based company signed a 26-year concession […]
The United Nations Human Settlements Programme (UN-Habitat) has inaugurated newly renovated residential units in Anbar University, located in Ramadi, Anbar Governorate. With generous contribution from the Government of Japan, the renovation of the residential units was implemented under the project titled “Promoting Urban Recovery in Newly Liberated Areas in Iraq.” As other public facilities and […]
The size of Iraq’s second-largest city will make the liberation of Mosul from the Islamic State of Iraq and the Levant’s two-year grip the largest mission Iraqi security forces have yet undertaken against the enemy, the spokesman for Combined Joint Task Force Operation Inherent Resolve told Pentagon reporters today. Providing an update on the counter-ISIL […]
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. Can Iraq reach dam agreement with Turkey to protect marshes? Severe drought is affecting agricultural lands across Iraq because of the low levels of river water. Iraqi officials […]
The Italian Ministry of Foreign Affairs and International Cooperation has provided funding for IOM to implement a project to contribute to stabilization of conflict-affected communities in Diyala governorate, Iraq. The one-year project aims to foster social cohesion, reduce tensions between local communities and displaced Iraqis and returnees, and support the role of women in peace […]
U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Monday, Combined Joint Task Force Operation Inherent Resolve officials reported on Tuesday. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter and […]
A new Funding Facility for Economic Reform is being established to accelerate reforms in the Kurdistan Region The United Nations Development Programme (UNDP) signed an agreement today in Erbil with the Ministry of Planning of the Kurdistan Regional Government (KRG) to establish a new Funding Facility for Economic Reform (FFER). FFER will be used to […]
By Madeleine White Reflections on Trade+ Impact summit, in Ifrane, Morocco 19-23rd September 2016 Madeleine is co-founder of Nina magazine, Impact director of Enterprise development NGO Challenges Worldwide (a founder member of the Access to Finance for Rural Enterprise (ACRE) consortium). Madeleine contributed to discussions around the importance of impact investment and social enterprise within wider economic […]
