Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The Prime Minister Dr. Haider Al-Abadi chaired a meeting of the Ministerial Committee on Energy (pictured) on Monday. The meeting discussed the status of power supply and the importance of working to improve it, including a proposed project for 400 KV electric transmission lines on deferred payment basis; a program of maintenance, […]
Iraq Business News is delighted to bring you the latest major new guide to business in Iraq. Published by Allurentis, in association with Iraq’s National Investment Commission (NIC) and UK Trade Investment (UKTI), the sixth edition in the annual New Iraq series - The New Iraq: 2015/2016 Discovering Business - contains a wealth of case studies, commentary and data; […]
Beginning 2016 founders of The Iraq Club, will officially launch the Future Energy Forum (FEF), an exclusive business-focused community connecting a senior network of leaders specifically engaged in the development of emerging energy markets. A much anticipated forum, FEF is spearheaded by William Wakeham and Leanne Case, both of whom are leading experts on critical […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A weak and divided Baghdad has been unable to play an effective role in solving the various central administration-related crises in Iraq, such as the Iraqi Kurdistan crisis. The opposition is accusing Iraqi Kurdistan […]
By John Lee. UK-based heavy transport and installation contractor ALE has been awarded the DGS Zubair Oil Field Project. The project scope comprises heavy haulage, engineering and installation services. The DGS project has already commenced and ALE has received several shipments at Umm Qasr Port. A number of cranes, with a capacity ranging from 200t to […]
Hertz Global Holdings has announced that Hertz Equipment Rental Corporation (HERC) has entered into a franchise agreement with the Khudairi Group for the exclusive license to provide rental equipment in Iraq using the "Hertz Equipment" brand and proprietary system. This move will significantly add to HERC's existing network in the Middle East, with HERC Iraq […]
Veolia Water Technologies has been selected by HDGSK Joint Venture to supply a Zero Liquid Discharge Evaporator and Crystallizer for the Karbala Refinery Project in Iraq. Veolia will engineer, procure and deliver a Zero Liquid Discharge system based on its proven HPD® Brine Evaporator and Brine Crystallizer technologies for calcium sulfate seeded slurry processes. Iraq's […]
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. Less Corruption, Less Money: In Iraq, Religious Construction Faster, More Efficient Than Government Projects Tourists coming to visit Karbala and Najaf can stop at one of the “visitor cities” built […]
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The political crisis in Iraq’s Kurdistan region has deepened after the Kurdistan Democratic Party sacked five ministers from the rival Goran movement. The move is likely to worsen two months of presidential dispute […]
Shares in Gulf Keystone Petroleum (GKP) traded up almost 10 percent in early trading on Thursday, after the company confirmed that a gross payment of US$15 million (US$12 million net to Gulf Keystone) for Shaikan crude oil exports had been received. This October 2015 payment follows a similar payment in September 2015 and is in […]
Genel Energy has announced that company President Mehmet Sepil (pictured) has retired with immediate effect. Mehmet Sepil founded Genel Energy and was CEO from 2002 until the merger with Vallares PLC in 2011, when he became President of the Company. Tony Hayward, Chairman of Genel, said: "The history of the Kurdistan Region of Iraq's oil […]
By John Lee. The chairman of the Fund for Areas Affected by Terrorist Operations in Iraq, Abdel-Basit Turki [Abdel Basset Turki], has said that the cost of rebuilding the provinces of Diyala and Salahuddin is expected to reach $1.28 billion (1.5 trillion Iraqi dinars). He said that the reconstruction fund currently has only $350 million, […]
