Archive | Construction & Engineering In Iraq

Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.

Progress in Iraq, and at IBN

By Padraig O'Hannelly. In a week when progress appears to have been made in the long-running dispute over control of oil exports from Iraqi Kurdistan, a Canadian company has announced another new oil find in the region. Meanwhile, our Expert Blogger Ahmed Mousa Jiyad takes a closer look at the activities of China, and the […]

Iraq Launches 3 New Housing Projects

By John Lee. The Iraqi Ministry of Construction and Housing announced on Tuesday the launch of three housing projects across the country. Al-Shorfa reports that the projects, which are expected to cost a total of 125 billion Iraqi dinars ($107 million), are intended to alleviate the country's housing crisis. The projects comprise 900 housing units, […]

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$600m Oil Tech University In Basra

A consortium of architecture and design firms from Michigan, USA, has been hired to design a $600 million, 2.8 million-square-foot new petroleum engineering university in Basra. CBS Detroit reports Iraq’s Minister of Higher Education and Scientific Research, Ali Al-Adeeb, has been touring projects created by the firms that are part of Icon Global Architecture Engineering […]

GEA Wins Major Contract from ENKA

Subsequent to ENKA’s contract awards to GEA Heat Exchangers for the Erbil and Sulaymaniyah power stations in the north of Iraq, the leading Turkish construction company ENKA has for the third time made a choice for two air-cooled condensers from GEA Heat Exchangers. As with the two previous power stations, the gas turbine power stations […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st November 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,751 (-0.7%)/ $1,866 (-0.9%) (weekly change). The number of week traded shares was 4.8bn and the weekly trading […]

Zaha Hadid to Design Parliament Building

By John Lee. Zaha Hadid has reportedly been chosen to design the new £630-million Iraqi Parliament building in Baghdad. According to Architects Journal, Zaha Hadid Architects (ZHA) landed the project despite coming third in a design contest for the prestigious building, which was won by London-based Assemblage. It is understood that the company has been working […]

Iraq Firm Pays $2.7m in Settlement

By John Lee. The US Department of Justice has said that an Iraqi construction company has paid $2.7 million to resolve allegations that it bribed a former US Army Corps of Engineers (USACE) official to win contracts in Iraq. Iraqi Consultants and Construction Bureau (ICCB), headquartered in Baghdad, had reached the settlement of alleged violations […]

Schneider to Build Dhi Qar Power Plant

By John Lee. French company Schneider Electric has won a contract to build a power plant in Iraq. The 64MW plant will be built in the Nasir district in northern Dhi Qar province, near the stadium in the area. Schneider employs more than 140,000 people in over 100 countries. Last year revenues were $32bn. (Source: […]