Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
The head of Nineveh Investment Commission has said that a German company plans to develop German-style housing complexes in Mosul, 405 km north of Baghdad. Muafaq Mahmud told AKnews that the German company Markina signed an investment contract with the investment board in Mosul and work is scheduled to begin on the housing complexes in […]
The general director of Erbil International Expos has said that due to the unrest across the Middle East, almost 45 Arab companies have withdrawn from the fourth International Exhibition for the Construction Industry in Erbil. The expo currently underway in the Kurdistan Region's capital has exhibits from 200 companies from 17 different countries. Latif Arf […]
Iraq’s Ministry of Oil has issued a tender for the supply of a wide range of laboratory equipment for Daura [Doura] refinery. Closing date for receipt of bids is 15th March. Please click on the following links to download the tender documents: Automatic asphaltene analyser Spectrometers Various items of laboratory equipment Various items of laboratory […]
Baghdad Investment Commission has issued 87 investment licenses worth a total of 3.5 billion dollars during the last thirteen months, and it claims these will provide about 350,000 jobs. The Commission's Chairman, Mr. Shaker Al- Zamily, said the licences included 13 in the construction sector (consisting of 17 projects for the construction of 120,000 housing […]
The head of the Journalistic Freedoms Observatory (JFO) in Iraq has condemned the violence that federal security forces inflicted upon a number of journalists covering the public demonstrations across the country on Friday, according to a report from AKnews. Hadi Jallo Merei told the news agency that a large number of journalists were physically attacked […]
Kurdistan's Ministry of Municipality and Tourism sealed a contract on Monday for the construction of a drinking water supply project for Amedi, in Dohuk province. According to a report from AKnews, the ministry said the minister, Samir Abdullah Mustafa, singed the $90m contract with Ster Group and Homan Ederson. With the project getting underway, the […]
The Chairman of Nineveh Council said this week that a preliminary agreement has been signed with a British company to plan the reconstruction of areas badly damaged by bombing in the Iraqi war. Jaber Abed Rabbo told AKnews that the deal will ensure that the reconstruction of the province conforms to the latest standards of […]
Al Jazeera reports that at least 12 protesters were shot dead by security forces during Friday's 'day of rage', during which at least 17 demonstrations were held throughout Iraq. Iraqi security forces detained hundreds of people, including prominent journalists, artists and intellectuals, according to a report from the Washington Post. Four journalists described being rounded […]
The long-awaited signing of the deal to develop Iraq's Akkas gas field in Anbar province has been delayed again. An Iraqi Oil Ministry spokesman said it was delayed because of disagreements about what the local government gets from the deal, according to Associated Press reports. An initial agreement to develop the 5.6 trillion cubic foot […]
The United Nations has prepared a comprehensive Briefing Book on Iraq, and presented it to Prime Minister Nouri al-Maliki. The book is comprised of two parts: The first part addresses key policy issues, including: macroeconomic challenges, development planning and prioritization, governance and public sector reform, anti-corruption, private sector development, social protection and the challenges of […]
Two former directors and a sales manager of engineering firm Mabey & Johnson Ltd have been sentenced today for providing kickbacks to the Iraqi government of Saddam Hussein. Charles Forsyth, David Mabey and Richard Gledhill inflated the contract price for the supply of steel bridges and disguised illegal payments that were channelled through Jordanian banks. […]
A unique event is about to unfold in Iraq, where for the first time ever a cinema multiplex will open in the recently constructed Family Mall in Erbil, the region’s newest shopping and leisure destination. “This is a one of a kind project,” says Gino Haddad, CFO and Business Development Director for Empire Cinemas. The […]
