Archive | Construction & Engineering In Iraq

Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.

Foundation Stone laid for Iraq-China 1000 Schools Project

By John Lee. Prime Minister Mustafa al-Kadhimi has laid the foundation stone for the project to build 1,000 schools across Iraq. The schools will be built with support from the People's Republic of China.. Contracts for the project were signed last December with the Power Construction Corporation of China (PowerChina) and Sinotech. (Source: Media Office […]

After Destruction, Sinjar Court House Officially Reopens

After Destruction, Sinjar Court House Officially Reopens with Support from USAID and UNDP The Sinjar Court House has been reopened with support from the United Nations Development Programme (UNDP) and the United States Agency for International Development (USAID). The Court House, which provides important legal services such as administration of justice, was left severely damaged […]

Iraq invites Investors for new Wasit Industrial City

By John Lee. Iraq's Ministry of Industry has reportedly invited investors for its new Wasit Industrial City. The Director of Planning at the Industrial Cities Authority of the Ministry, Amal Hassan Al-Bazzouni, told Al-Sabaah news agency that the authority was keen to make the industrial city environmentally friendly. The development will cover an area of […]

Italy donates EUR 2m for Iraqi Stabilization

Italy reaffirms its commitment to Iraq's stabilization with EUR 2 million contribution The Ministry of Foreign Affairs and International Cooperation of Italy, through the Italian Agency for Development Cooperation (AICS), is supporting the United Nations Development Programme (UNDP) with an additional EUR 2 million (approximately US$ 2.26 million) to assist communities affected by the Islamic […]

IMF: Iraq Real GDP Growth of 10% in 2022

The economy is recovering well amid high oil prices, with real GDP projected to reach its pre-pandemic level this year. Cushioning the impact of surging food prices on the most vulnerable is the most urgent priority. Using the current favorable oil market conditions to accelerate structural reforms and advance socio-economic priorities will be key to […]

Anbar get Funding for Saudi Border Crossing

By John Lee. Iraq's Ministry of Finance has allocated one billion dinars (£700k) to Anbar Governorate to complete procedures relating to the Arar (Ar Ar) border crossing. The border post with Saudi Arabia was re-opened in late 2020 following a 30-year closure. Improving trade links between the two countries has been a priority for both […]

AirSada Medevac: Keeping your People Safe in Iraq

Advertising Feature As every Oil & Gas executive knows, your people are your most valuable asset. Being a success means employing the best staff, and the best staff will always go where they are valued and looked after. That just one reason why AirSada's medevac services are essential to your operations in Iraq. Working in […]

Meet Top Iraqi Officials at IBBC Conference

Hear Iraq's principal ministers and financiers share their vision and policies for Energy, Finance and Educational sectors at IBBC's Mansion House conference on 24th May. Iraq is on the cusp of forming a new Government and is benefitting from high oil revenues and stability. The IBBC Spring conference is ideally timed for a potential new […]

Chinese Companies to build "Science City" near Mosul

By John Lee. Zawya has reported that Chinese companies will build a major new "Science City" near the Iraqi city of Mosul. It says the deal was finalised under a landmark oil-for-projects agreement signed in 2019. The project involves the University of Alhamdaniya [Al-Hamdaniya], but the Chinese companies have not been named. (Source: Zawya)

Breaking Bad in Basra

By Michael Young, for Carnegie Middle East Center. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Breaking Bad in Basra In an interview, Harith Hasan discusses how environmental degradation has affected sociopolitical stability in southern Iraq. Click here to read the full report.