Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Kurdistan Regional Government Prime Minister Nechirvan Barzani yesterday attended the handover ceremony of a school built by UB Holding to the Ministry of Education. Speaking at the ceremony, Barzani said: "We are in need of private sector and donors to help us build schools; it will be an immense support for the KRG and for […]
By Padraig O'Hannelly. The United Kingdom's Ambassador to Baghdad has said Iraq has the potential to become an economic force in the region, and encouraged British businesses to take advantage of the opportunities it presents. Addressing senior executives at the Iraq Britain Business Council (IBBC)'s Spring Conference in London on Wednesday, H.E. Frank Baker OBE said […]
Erbil marks the launch of its Provincial Development Strategy 2016-2018 with a breathtaking audiovisual performance at the historic Citadel At an official ceremony at Erbil's historic Citadel, the Governorate of Erbil launched its Provincial Development Strategy. The ceremony was presided over by H.E. Prime Minister of the Kurdistan Regional Government, Mr. Nechirvan Barzani, and attended […]
Ministerial meeting assesses reforms in building systems for the Kurdistan Region of Iraq The progress achieved under the project Establishing a Building Control Regime for the Kurdistan Region of Iraq (KR-I), funded by the United Nations Development Programme (UNDP) and implemented by the United Nations Human Settlements Programme (UN-Habitat), was discussed in a ministerial meeting […]
By Simon Kent RSK Group have recently won the Queen’s Award for Enterprise in International Trade, widely seen as the most prestigious award for UK enterprise. Key to the award was their environmental work cleaning up the vast oilfields at Rumaila and Majnoon. But according to RSK Group, this was an opportunity they seized in […]
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. BABIL, Iraq — Under the rule of former Iraqi Prime Minister Nouri al-Maliki (2006-14), $150 million was allocated to the construction and development of public schools in several Iraqi areas. Yet only […]
By Simon Kent. The National Iranian Gas Transmission Company has announced that 100km of pipeline has been completed on the Iranian side of the border, part of a planned 270km network to take gas to power stations near Baghdad. The project is part of a deal signed between both countries in 2013, whereby Iran would export […]
By Simon Kent. Iraq's representative to OPEC Falah Al-Amri has announced that plans are underway for a second round of talks on freezing OPEC output in June. Currently, Iran is now the sticking point in any such deal, aiming for 4 million BPD by March, and one Iranian official has called talks by non-OPEC members of […]
By Simon Kent. A think tank has estimated that the so called Islamic State have suffered another major blow to their finances, losing another 30% of their income in the course of a year. The news comes after reports in January that the group slashed the salaries of fighters by over half. In that respect, […]
By Simon Kent. Hard-line cleric Moqtada al Sadr has given PM Haider al Abadi (pictured) until this afternoon to announce new nominees for a new "technocratic cabinet," a reform idea first touted in February, although the composition of the cabinet will depend on parliament. Abadi has called on parliament "to convene immediately in order to overcome the […]
By Simon Kent. Iraq's Ministry of Defence has announced that a delivery of three SU-25 ground attack aircraft have arrived in the country for the fight against the so called Islamic State. The Russian made SU-25, known by its NATO code name "Frogfoot," is a slow moving but heavily armed ground attack jet, and several […]
The Iraq Britain Business Council (IBBC) will be holding its Spring Conference on April 27 at Mansion House and on April 28 at Vintners' Hall in London. In recent weeks considerable political debate has taken place in Iraq following Prime Minister Abadi’s announcement of a technocrat reshuffle of his cabinet. It seems that the motto of the conference - ‘Iraq […]
