Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Interpipe, the Ukrainian seamless pipe producer, has announced that it is installing a local support team to work in Basra following the company's approval from South Oil Company (SOC) as a preferred supplier. The announcement sees Interpipe appoint a new Iraq country manager, based in Basra, with immediate effect. Following several recent meetings in Iraq with […]
By John Lee. Greek construction company METKA, a subsidiary of the Mytilineos Group, has announced the signing of a $1.05-billion contract with Iraq's Ministry of Electricity for the construction of a combined cycle power station in Anbar. The deal involves the engineering, procurement, construction and commissioning of a natural gas-powered plant with a capacity of 1,642 […]
By John Lee. The Wall Street Journal reports that the China Petroleum Pipeline Engineering Corp. (CPPE) and Iraq's State Company for Oil Projects (SCOP) have secured a contract worth up to $317 million to build an oil pipeline from the Missan oil fields to the export terminals in southern Iraq. Over a period of 14 […]
Minister Falah Mustafa received a delegation from Ev-K2-CNR, an Italian non-government organisation promoting studies in high-altitude disciplines, including environmental sciences, earth sciences and technological research, who were accompanied by the Head of Italian Consular Office in Erbil, Dr Simone De Santi. The team has visited the Kurdistan Region five times aimed at the creation of […]
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. An alliance combining Shiite and Sunni currents in Baghdad succeeded last Saturday, June 15, in forming a local government without the participation of the State of Law Coalition. The latter was […]
By John Lee. Minister of Foreign Affairs, Hoshyar Zebari, has received the new Tunisian Chargé D'affaires in Iraq, Samir Jamae. During the meeting, relations between Iraq and Tunisia were discussed. The Tunisian official handed over a letter to Minister Zebari from his Tunisian counterpart concerning the development of bilateral relations. The meeting was attended by […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. As central Iraq grapples with a surge in violence and a longer-term struggle to wean its economy off a dependence on oil, the economy of the autonomous Kurdish region in northern Iraq, of which […]
Advertising Feature THE 3RD ERBIL INTERNATIONAL OIL & GAS EXHIBITION WILL OPEN ITS DOORS IN ERBIL IRAQ ON SEPTEMBER 2-5, 2013. Expotim announces the 3rd Erbil International Oil & Gas Exhibition on September 2-5, 2013. The event, officially supported by the Ministry of Oil and approved by UFI will be held at the Erbil International […]
The Kurdistan Region’s President and Prime Minister on Monday in Erbil met with the European Union’s foreign affairs chief, Catherine Ashton, on her first visit to the Region. The EU’s High Representative for Foreign Affairs and Security Policy and Vice President of the European Commission visited Erbil to discuss Iraq’s currently instability and the Kurdistan […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Families of British troops killed by roadside bombs in Iraq have won the right to sue the government. The Supreme Court has ruled that British troops serving in battle are covered by domestic […]
By John Lee. Volvo Trucks has inaugurated joint service centres in the Iraq cities of Baghdad and Basra, reports Construction Week Online. The service centres, built in collaboration with local country distributor ZamZam Spring, will service trucks made by Volvo and Mack, part of the Volvo group. Stefan Soenchen, Iraq country manager of Volvo Trucks, […]
By John Lee. Dubai-based Emaar Properties is expected to sign a contract worth over $2 billion with Kurdish company Faruk Group Holding to develop a resort in Sulaymaniyah. Herish Muharam Muhamad, chairman of Kurdistan Investment Board (KIB), said the Dukan tourist city project will include hotels, restaurants, residential areas, cinemas and casinos. Emaar last year signed […]
