Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. The Kurdistan Regional Government (KRG) has begun work on expanding and upgrading the 30-kilometre road Aqrah [Akre] to Qandil into a dual-lane highway at a cost exceeding 28 billion Iraqi dinars [$21 million]. The project, expected to be completed within two years, links the sub-districts of Bajil and Dinarta, passing through 25 […]
From the Iraq Britain Business Council (IBBC): IBBC Holds Successful Spring Conference at the Mansion House IBBC hosted over 250 members, businesses and government officials for its 13th Mansion House conference on 2-3 June. IBBC President Baroness Nicholson welcomed the delegates, in particular the Ministers and official government guests from Iraq, led by Deputy Prime […]
By Padraig O'Hannelly. The Iraq Britain Business Council (IBBC) has awarded this year's Rasmi Al Jabri Annual Award for Excellence to to Ismail Shakir, founder of Al Busttan Group, a close friend of Rasmi and a founding figure of IBBC in Iraq. Al Busttan provides a full range of supporting services designed specifically for the […]
By John Lee. Japan's Ambassador to Iraq, Akira Endo, has reportedly reaffirmed his country's support for Iraq, announcing over $21 billion in economic cooperation projects since 2003. Speaking at the signing ceremony of a new agreement between the Iraq Development Fund and the Japan Cooperation Center for the Middle East (JCCME), he emphasized Japan's ongoing […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has reaffirmed his government's commitment to upgrading Baghdad International Airport (BIAP), chairing a high-level meeting to advance a public-private partnership (PPP) project aimed at overhauling Iraq's main aviation hub. Attended by representatives from the International Finance Corporation (IFC), the Prime Minister's advisors, and the Head of the […]
By John Lee. The Iraqi Ministry of Oil has announced that crude oil production at the Nasiriyah and Saba [Subba] fields has been raised to a combined total of 100,000 barrels per day (bpd), as part of the first phase of a broader integrated development plan. Saeed Zghair Shallagha, Director General of Dhi Qar Oil […]
By John Lee. Iraq's Ministry of Planning held a technical meeting in Baghdad on Tuesday with a delegation from the World Bank, led by Deputy Minister for Technical Affairs, Dr. Maher Hammad Johan, to discuss mechanisms for joint cooperation on funding proposals to support vital development projects in Iraq. The discussions focused on four sectoral […]
By John Lee. The Iraqi Council of Ministers has approved key measures to advance major solar energy projects, reinforcing the country's push toward clean and sustainable power generation. Firstly, the cabinet approved a memorandum of understanding between the Ministry of Electricity and US-based UGT Renewables for the development of an integrated solar power project. The […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has officially launched construction on the New Sadr City project in Baghdad. The project covers 4,000 dunams [400 hectares; 1,000 acres] between the Al-Maamel area and the edge of the existing Sadr City. It will feature 60,000 housing units of various sizes, fully integrated with public services […]
By John Lee. The Governor of Maysan, Mr. Habib Dhahir Al-Fartousi, laid the foundation stone on Tuesday, 27 March 2025, for a new integrated services project in Al-Waraq Village, located in the Al-Majar Al-Kabir District. The initiative is part of the governorate's broader strategy to improve infrastructure and expand essential services in rural areas. The […]
By Sinan Mahmoud for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi Oil Ministry files lawsuit against Kurdish region over unilaterally signed energy deals The semi-autonomous region has signed multibillion-dollar agreements with US companies HKN Energy and WesternZagros to develop […]
By John Lee. At the 5th Baghdad International Water Conference, Iraq and Germany officially launched the joint Climate-resilient Water Resource Management (CWRM) project-an initiative designed to address Iraq's deepening water crisis with sustainable and practical solutions. Implemented by the Ministry of Water Resources in cooperation with Germany's development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), […]
