Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Hyatt Hotels Corporation has announced that a Hyatt affiliate has entered into a management agreement with Claremont Group LLC, a New York-based real estate development company, for a Hyatt Regency hotel in the Kurdistan region of Iraq. Expected to open in 2017, Hyatt Regency Sulaymaniyah will be the first Hyatt-branded hotel in […]
Prime Minister Nechirvan Barzani kicked off the nearly-$3-billion “Downtown Erbil” project on Sunday, calling the venture that is estimated to create 35,000 jobs and transform the face of the Kurdish capital, “a milestone for the Kurdistan Region.” “This project will be a source of pride and a source of income for thousands of families,” Barzani […]
In the framework of their significant efforts towards supporting the Iraqi government in overcoming the devastating impact of water shortage, UNESCO and the European Union (EU) launched the phase II of the "Advanced Survey of Hydrogeological Resources in Iraq" (ASHRI-2), a pioneering initiative that aims to improve national capacities in the exploration and integrated management […]
The Iraq Club is a business-focussed forum run by people who understand the nature of doing business in Iraq. This exclusive network brings together senior professionals to share experiences of working in Iraq’s energy and construction sectors. Our guests make connections that will help them solve the particular challenges they are facing in country. Please note […]
By Ala Jaff. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Kurdistani Police and Children: Policing Future (Great) Citizens, Not Today’s Criminals While the police services in Kurdistan are moving at groundbreaking speed in terms of police “reform”, there is still much needed progress when […]
The Malaysia External Trade Development Corp (Matrade) is organising the Malaysia Services Exhibition (MSE) 2013 in Erbil, Kurdistan, Iraq on Oct 28-31 with a total of 17 participating Malaysian companies and 32 business representatives. Bernama describes it as an avenue to showcase the expertise and capabilities of Malaysian services companies, as well as to network […]
By Ali Abdulameer for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. One of the strange indicators in Iraqi culture today is the graduation of dozens of cinema and cinematic art enthusiasts from the film departments in academies and technical institutes every year. Yet, […]
By Tom Walker, Director, Assaye Risk COUNTRY OVERVIEW This week has seen little change in the security situation as suicide bombings and shooting endure and the Syrian conflict continues to make its presence known in the north of the country. The dynamic that is playing out in northern Syria is becoming of greater concern for […]
By John Lee. Iraqi Cabinet has authorised the Transport Ministry to sign the breakwater project for Great Fao [Faw] Port in Basra with the South Korean company Daewoo Engineering and Construction. According to a report from Aswat al-Iraq, this phase of the project will cost 521.56 million Euros. (Source: Aswat Al Iraq)
By John Lee. BGR Energy Systems has signed a contract with the Ministry of Electricity for engineering, procurement and construction (EPC) of four 125-MW gas-fueled power project at Nasiriya. The Economic Times reports that the contract is valued at $246 million and includes the scope of engineering, procurement and construction services of BOP, civil works […]
By John Lee. The Australian reports that the company at the centre of the Leighton Holdings bribery allegations has denied any involvement in corruption in Iraq, or having links to the Oil Minister and Prime Minister. Unaoil, which is based in Monaco, was alleged to have been paid kickbacks by Leighton to secure an oil […]
A pipeline to export oil from the Kurdistan Region will be operational within a few months, Ashti Hawrami (pictured), the Kurdistan Regional Government Minister of Natural Resources, told a meeting at the UK's Conservative Party conference yesterday. 'The new oil export pipeline from the Kurdistan Region is almost complete and is expected to be operational […]
