Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Two major infrastructure projects have been cancelled by Prime Minister Ali al-Zaidi, according to the state-run Iraqi News Agency (INA). Al-Zaidi has ordered the cancellation of a railway project approved by the previous government, as well as the cancellation of a development project at Baghdad International Airport, which is said to have […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sudani's Legacy in Question as New Iraqi PM Clamps Down on Corruption Iraq is being rocked by several high-profile corruption scandals, upping pressure on former premier Muhammad Shia' Al-Sudani (2022-26). Multiple arrests linked […]
By John Lee. General Company for the Pharmaceutical Industry and Medical Supplies in Samarra, a subsidiary of the Ministry of Industry and Minerals, has begun preparatory work on a new antiseptics factory at its medical syringe plant site in Babylon, under a partnership agreement with private-sector firm Al-Riyadah Al-Wataniyah Company. The factory, to be branded […]
By John Lee. A number of new industrial projects have been established at the Dhi Qar Industrial City, according to the Industrial Cities Authority, which operates under the Ministry of Industry and Minerals. The Industrial Cities Authority director-general, engineer Anas Hashim, said the industrial city covers an area of 2,000 dunams and is designated for […]
By John Lee. A wide-scale campaign to remove illegal connections from the national electricity grid was launched on Saturday in Baghdad and across all governorates, according to the Iraqi Ministry of Electricity. The operation was conducted under the field supervision of Khalid Ghazai Attiya, Deputy Minister for Transmission and Distribution Affairs, with the participation of […]
By John Lee. Prime Minister Ali al-Zaidi on Saturday met with a group of businessmen, members of the Private Sector Development and Management Council, members of the Iraqi Economic Council, and a number of chairmen of private bank boards. The Finance Minister, the head of the Advisers Commission, the director of the Prime Minister's office, […]
By John Lee. The World Bank has approved a $900 million financing package to rehabilitate and expand key road corridors in Iraq, with the aim of improving domestic mobility, regional integration, and job creation. The Board of Executive Directors approved the Iraq Transport Economic Corridors (ITREC) project on Thursday. According to the World Bank, the […]
By John Lee. The Kurdistan Regional Government (KRG) has issued a report on road and bridge projects undertaken in the Region for the period July 2019 to May 2026. Key achievements include: Implementation of 810 vital road and bridge projects with a total cost exceeding 1 trillion Dinars. Rehabilitation or construction of over 3,000 km […]
By John Lee. Talaat Moustafa Group (TMG) has received an investment licence and secured a land bank of approximately 12.8 million sqm in south-west Baghdad to develop an integrated urban community, in what the Egyptian group describes as a key milestone in its regional expansion strategy. According to TMG Holding, its subsidiary Talaat Moustafa Company […]
By John Lee. A 120-km road rehabilitation project linking Nukhaib district to Karbala province has been completed by the Ministry of Construction, Housing and Public Municipalities. According to the ministry's media centre, the road, which is 7.5 metres wide, connects the Arar border crossing with Saudi Arabia to Karbala, passing through Anbar province. It also […]
By John Lee. According to the National Investment Commission (NIC), a new financial and economic city is planned for land adjacent to Baghdad International Airport, with all infrastructure costs to be met by private investors rather than the state. The NIC confirmed that the land in question is state-owned, with ownership legally divided between the […]
By John Lee. Construction has begun on the Fifth Kufa Bridge in Najaf province, according to the Ministry of Construction, Housing and Public Municipalities. The project is intended to ease traffic congestion in the province. The Roads and Bridges Directorate is overseeing works, which include: A main bridge spanning the Euphrates river, 337 metres long […]
