The Iraqi ports of Umm Qasr and Abu Falous continue to receive a steady flow of merchant ships carrying varied cargos. Ships from Panama, the United States, Liberia, Iran and the United Arab Emirates have recently arrived containing various cargoes including pipes, iron, fuel and cement. Mr. Iain Blake, Senior Broker at Anglo Arab Insurance […]
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
A delegation from Basra province arrived in India on Wednesday to sign contracts related to electricity sector.
A group of Iranian companies has expressed their readiness to invest in Iraq’s economic sector, particularly in the industrial field. “The head of the Baghdad Investment Commission, Shakir al-Zamili, has met with representatives of a group of Iranian firms working in different fields,” according to a statement released by the commission in Baghdad and received […]
Power output was down for the last three months of 2009. Reduced output from power plants was the cause of the decreased production. This was the first time that electricity output decreased since the beginning of 2008.
The Ministry of Construction and Housing called the next Iraqi government to support investment projects in the country, particularly these that are related to its works in order to resolve the housing crisis in Iraq.
The Governor of Basra Province Shiltagh Aboud discussed with the Turkish Chancellor in Basra Ali Ridha as well as Turkish businessmen opportunities of investment in the province.
The investment commission in Muthanna has granted two permits to local investors for the establishment of a residential city and markets in the province. “The Muthanna commission has granted 36 investment permits to local and foreign companies thus far,” an official from the commission’s public relations department, Ali Hannon, told Aswat al-Iraq news agency. The […]
The head of the Diwaniya Investment Commission said on Tuesday that Estonia’s Kondra company will set up a residential compound in the province. “The commission signed a memorandum of understanding with Estonian Kondra SVA Ltd. to establish a residential compound in the province,” Hakem al-Khuzaaie told Aswat al-Iraq news agency. ( Aswat Al Iraq )
This month (March 2010), investment permits have been awarded to several projects in Baghdad including companies working in the fields of housing, tourism and hotels. “Eight investment permits have been given to a number of companies. Housing projects were given a priority,” the Investment Commission in Baghdad said in a statement received by Aswat al-Iraq […]
Babylon has demanded the formation of a special committee in the province to develop solutions to problems and obstacles faced by the Commission for the allocation of land for investment housing projects. Head of the Commission ,Alaa Harba , said in a statement that the Authority had discussed at its last meeting held in the […]
A $ 20 billion contract has been approved and will be presented to the next Cabinet referring Al Rasheed residential complex to a UAE company .
Work on the project has reached 59% completion,” said Anmar al-Safi.