From the Iraqi Children Foundation (ICF). Dear ICF friends, Our annual "In Their Shoes" 5K race weekend in Washington DC draws dignitaries, diplomats, veterans and business-people, families, and the media. This year we are doing things a little differently, and you can join us online for our first INTERNATIONAL VIRTUAL EVENT. Run, walk, bike or swim to help us meet […]
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By Christophe Michels, Managing Director of the Iraq Britain Business Council (IBBC). Engineer Rasmi Al Jabri passed away suddenly yesterday on a walk outside his home in Erbil. He will be missed by his family, his tribe and his many friends, colleagues and admirers. Rasmi was born 1939 in the city of Qurnah in Southern Iraq, where […]
By John Lee. Italian oil company ENI is reported to be in talks to build a $4-billion, 300,000-bpd refinery near Iraq's Zubair oil field. S&P Global quotes Oil Minister Ihsan Ismaael [Ahsan Abdul-Jabbar Ismail] as saying that that the first phase, with a capacity of 150,000 bpd, would be operational by 2025. The Minster reportedly […]
By Azhar Al-Ruabie for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq's al-Faw port project's endless delays Although 10 years have passed since the Iraqi government started laying the groundwork for the al-Faw grand port in southern Iraq, the project is still far […]
The text of the following statement was released by the Governments of the United States of America and the Republic of Iraq: The Government of Iraq, led by Foreign Minister Fuad Hussein, and the Government of United States, led by Secretary of State Michael Pompeo, held a meeting of the Higher Coordinating Committee today in […]
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. No quick fix for Iraq's Electricity Crisis The heat wave in Iraq has raised the ire of citizens in the central and southern areas, pushing many to take to […]
By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At its meeting, the Cabinet discussed the urgent needs in Dhi Qar province, and agreed to allocate 50 billion dinars to Dhi Qar Governorate. The Cabinet also authorised the Iraqi Civil Aviation Authority (ICAA) to […]
By John Lee. Aggreko plc, the Scottish-based supplier of temporary power generation equipment, has won a significant order in Iraq during the first half of this year. In its results for the six months ended 30th June 2020, the company said: "Order intake [in its Power Solutions Utility division] was 237 MW (2019: 245 MW), […]
By John Lee. KRG Prime Minister Masrour Barzani recently laid the foundation stone for a new 100-metre wide highway in Slemani (Sulaymaniyah). The 146-kilometre road will be built in three phases through a cost-sharing arrangement between the KRG and the Qaiwan Group. The first stage, valued at IQD 400 billion ($336 million), is planned to […]
By Ali Abdulhadi al-Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is facing a difficult housing crisis due to oil prices dropping amid the coronavirus pandemic. Click here to read the full story.
By John Lee. Iraq's Council of Ministers has approved a contract with Japan's JGC Corporation to build a 55,000-bpd refinery in Basra province. According to a statement from the Ministry of Oil, the new plant will create 7,000 jobs, in addition to 70,000 during the construction phase. The General Manager of the South Refineries Company […]
The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Cabinet discussed the needs of Iraq's health sector, and agreed several measures to expand existing capacity and introduce new services. The measures included: Adding additional ward capacity for the treatment of cancer patients at the National Amal Hospital and the […]