Iran signed an agreement on exports of electricity to neighboring Iraq, covering 2020 and 2021. The two sides signed the agreement during a visit to Baghdad by Iran's Minister of Energy Reza Ardakanian, stressing their determination to broaden cooperation in the energy sector, despite American pressure on the Iraqi government to reduce economic ties with […]
Archive | Construction & Engineering In Iraq
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Early COVID-19 Preparation Saved Lives in Iraq
Since the beginning of the COVID-19 pandemic, the World Health Organization (WHO) has fought the pandemic with every tool at its disposal to save lives and support countries with limited COVID-19 response capacity, including Iraq. WHO and Iraqi health authorities proactively coordinated a comprehensive response to the pandemic as early as January 2020. WHO Iraq […]
Iraq pushes for Rescheduling of Reparations to Kuwait
Iraq's Minister of Finance, Ali Allawi, arrived in Kuwait on Saturday for talks with senior officials. Mr. Allawi held discussions with the Prime Minister of Kuwait, Sheikh Sabah Al-Khalid Al-Sabah, on bilateral relations and delivered a written message from Prime Minister Mustafa Al-Kadhimi. He also held talks with the Minister of Finance, Barrak Al-Shitan, the […]
UK Drops Unaoil-related Probe into ABB
By John Lee. The UK's Serious Fraud Office (SFO) has dropped its investigation into ABB linked to the Unaoil case. After a thorough and detailed review of the available evidence, the SFO concluded that this case did not meet the relevant test for prosecution as defined in the Code for Crown Prosecutors. The SFO announced […]
Japan, UNEP cooperate on Post-Conflict Recovery in Iraq
Japan, UNEP deepen cooperation on plastic pollution and post-conflict recovery Japan and the United Nations Environment Programme (UNEP) today announced a new cooperative effort to tackle plastic pollution across Asia and support post-conflict environmental recovery in Iraq and South Sudan. Japan will contribute US$6.9 million to four UNEP-led projects. The bulk of the funding will […]
Iraq 2020: A Country at the Crossroads
Members of the IBBC Advisory Council have published a paper entitled 'Iraq 2020: A country at the crossroads'. The purpose of this extensive paper is to provide insight and advice to the new Iraqi Government. It particularly focuses on the political and economic backdrop to the country, with analysis and solutions from a private sector perspective. The […]
Tags: featured, Iraq Britain Business Council (IBBC), mn, Professor Frank Gunter, Renad Mansour, United Kingdom
Cement Producers Association of Iraq Joins WCA
The World Cement Association has announced today that it is welcoming the Cement Producers Association of Iraq (CPAI) as an Affiliate Member of its international network. Ian Riley, CEO at WCA, said: "In these challenging and uncertain times, it's more important than ever that organisations and individuals from across the global cement community can come […]
Tags: Arab Union for Cement and Building Materials, cement, Cement Producers Association of Iraq (CPAI), featured, mn, World Cement Association
DNO Reports 35% Cut in 2020 Spend, Bolstering Cash Position
DNO ASA, the Norwegian oil and gas operator, has reported that it had identified and implemented 2020 budget cuts of USD 350 million or 35 percent across all spend categories as the Company moved early and quickly to protect its personnel and operations and preserve its cash position in response to the the devastating impact […]
Iraq Considers Reopening Cement Plants
By Editor on 7th May 2020 in Construction & Engineering In Iraq, Healthcare, Iraq Industry & Trade News, Iraq Transportation News
The Higher Committee for Health and National Safety held a meeting in Baghdad on Monday via video conferencing under the chairmanship of Prime Minister Adil Abd Al-Mahdi. The Committee reviewed and evaluated current measures to combat Covid-19 and received briefings from the Ministry of Health, specialists and officials from relevant ministries. The Prime Minister commended the […]
Iraq Considers Russian Air Defense System
An Iraqi lawmaker said Baghdad is considering purchasing advanced Russian air defense systems to enhance its air capabilities and protect its airspace. Baghdad is studying the purchase of Russian made long-range, surface-to-air S-300 systems or S-400 missile defense systems if the United States does not provide it with modern air defense systems, the Chairman of […]
Investment Opportunity: Commercial Site in Bismayah City
By John Lee. Iraq's National Investment Commission (NIC) has announced an investment opportunity for the construction of a commercial site in Bismayah City: According to investment law no. 13 for the year 2006 as amended and its regulations, NIC is pleased to announce the investment opportunity of Constructing a commercial Site in Bismayah City - […]
Tags: Bismaya, Bismayah, featured, Investment Opportunities, mn, National Investment Commission (NIC)
Capacity Building for Reconstruction of Mosul's Cultural Heritage
UNESCO and ICCROM (The International Centre for the Study of the Preservation and Restoration of Cultural Property) sign an agreement on capacity building for the reconstruction of Mosul's cultural heritage. ICCROM, through its Regional Conservation Office in Sharjah (UAE), will provide a two-year capacity building programme for professionals and craftspeople to contribute to the reconstruction […]