By John Lee. The Wall Street Journal has produced a video documenting Iraq's proposed 740-mile trade route between Asia and Europe - the Development Road. Click here to view. (Source: WSJ)
Video: Iraq's $17bn Trade Corridor to Bypass the Suez Canal
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The Wall Street Journal has produced a video documenting Iraq's proposed 740-mile trade route between Asia and Europe - the Development Road. Click here to view. (Source: WSJ)
By John Lee. Iraq's Federal Integrity Commission and Russia's Prosecutor General's Office have begun implementing their Memorandum of Understanding (MoU) on anti-corruption cooperation, focusing on asset recovery and international legal assistance. During a meeting with a Russian delegation, Dr. Mohammed Ali Al-Lami, Head of the Integrity Commission, emphasized the need to modernize anti-corruption mechanisms to […]
By John Lee. Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gas pipelines to China Petroleum Pipeline Engineering (CPP), with part of the work assigned to the State Company for Oil Projects (SCOP). The pipelines will run from the Majnoon, West Qurna-2, […]
By John Lee. Iraq's Council of Ministers has approved the awarding of the Third Offshore Pipeline Completion Project tender to an Italian-Turkish consortium. Italy's Micoperi and Turkiye's ESTA Construction will be given 757 days to complete the project. Micoperi describes itself as a leading contractor in the oil and gas offshore business for more 70 […]
By John Lee. Iraq's Prime Minister Mohammed S. Al-Sudani has announced the launch of 14 infrastructure and rehabilitation projects in Sinjar and the Nineveh Plains, with a total budget of 18 billion IQD [$13.7 million]. These projects aim to rebuild roads and key infrastructure, supporting the return of internally displaced persons (IDPs). Funded by the […]
By John Lee. Iraq's Oil Pipelines Company has held discussions with the General Company for Iraqi Ports to enhance cooperation in developing the Ministry of Oil's berths. The meeting in Basra was led by Ali Abdul Karim Al-Moussawi, Director General of the Pipeline Company, and Dr. Farhan Al-Fartousi, Director General of the Ports Authority. The […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a high-level meeting on Sunday to advance the smart solar energy project, with participation from the Minister of Electricity, the National Smart Solutions and Renewable Energy Team, several governors, and prime ministerial advisers. Key discussion points included: Solar energy adoption and smart metering technologies. Private sector […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. 'Turning into a desert': A Dhi Qar river is drying up An important water source in Iraq's southern province of Dhi Qar is drying up, affecting thousands of people and threatening biodiversity in the […]
By John Lee. Al-Fityan Company For General Contracts has won a contract with the United Nations Office for Project Services (UNOPS) for the construction of 20 housing units in Ana district, Anbar. The contract value was stated as $608,961. (Source: UNGM)
By John Lee. The Ministry of Health has announced details of the 100-bed hospital series under the Iraq-China agreement, specifying the provinces and expected completion timeline. Ministry spokesperson Seif Al-Badr confirmed that contracts with reputable global companies are ongoing, with daily oversight from Health Minister Dr. Saleh Mahdi Al-Hasnawi. The hospitals will be constructed in: […]
By John Lee. Iraq's National Investment Commission (NIC) has held a preparatory meeting for the Energy Services Economic Cities Initiative, aimed at supporting local economic diversification and attracting foreign investment in the energy sector. NIC Chairman Dr. Haider Mohammed Makia [Makiyya] emphasised that these specialised cities will serve as hubs for global and local companies […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has officially inaugurated the reconstructed Al-Fatha Bridge over the Tigris River, restoring a crucial transportation link between Salah al-Din and Kirkuk Governorates. The 540-meter bridge, which was destroyed during the war against ISIS, has been rebuilt with enhanced capabilities following the Prime Minister's directive to accelerate its […]
