Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Prime Minister Mohammed S. Al-Sudani met on Sunday with Diwaniyah Governor Abbas Shaeel Al-Zamili and Provincial Council Head Mohammed Shukheir Farhoud to discuss the administrative and service conditions in the province. The Prime Minister directed the allocation of necessary funds to support the completion of rehabilitation works in 42 neighborhoods across the […]
By John Lee. Iraq's Council of Ministers has approved the referral of the Integrated Medical City Project in Dhi Qar Governorate to China State Construction Engineering Corporation (CSCEC). The project, based on a turnkey delivery system, follows the Dhi Qar Reconstruction Fund Instructions (No. 2 of 2021) and was recommended by the Reconstruction Fund Committee. […]
By John Lee. Prime Minister Mohammed S. Al-Sudani presided over a meeting of the Higher Committee for the New Sadr City Project, focusing on advancing infrastructure and housing initiatives for this major urban development. Key Decisions and Updates: Progress on Phase One Reviewed advancements in awarding contracts for infrastructure projects. Phase One comprises 11,000 housing […]
By John Lee. Baghdad's Al Sadeq Group has delivered seven JCB 455ZX wheel loaders to Iraq, the first introduction of this model to the Iraqi market, according to a report from Plant and Equipment News. UK-based JCB announced in 2022 that it has signed a partnership agreement with Khair Al-Wady Al-Athim (KAW), part of the […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met representatives of US-based UGT Renewables in London this week. The meeting included a presentation on the company's key projects, which span more than thirty countries worldwide, and explored potential cooperation with Iraq in its field of expertise. The Prime Minister highlighted the government's interest in investing […]
By John Lee. As part of Prime Minister Mohammed S. Al-Sudani's official visit to the United Kingdom, Deputy Prime Minister and Minister of Planning Mohammed Ali Tamim met with rail equipment company Clayton Equipment Ltd (CEL) Chairman Steve Gretton. The meeting focused on fostering collaboration to modernise Iraq's railway sector according to global standards. Discussions […]
By John Lee. Representatives of four Irish companies met with Prime Minister Mohammed S. Al-Sudani as part of his official visit to the United Kingdom. The meeting included discussions with the directors of major companies specialising in cybersecurity and data centers, construction and development, export of livestock and meat, and the energy sector. The company […]
From the Iraq Britain Business Council (IBBC): The Iraq Britain Business Council (IBBC) hosted two senior Iraqi ministers, along with FCDO Minister Hamish Falconer, at the prestigious One Great George Street in Westminster. The distinguished attendees included H.E. Mr. Fuad Hussein, Deputy Prime Minister and Minister of Foreign Affairs; H.E. Mr. Hayan Abdul Ghani, Deputy […]
By John Lee. A ceremony in London marked the signing of several Memorandums of Understanding (MoUs) between Iraqi public and private sector entities and British companies and institutions. The event was attended by senior Iraqi officials, including Deputy Prime Ministers, the Minister of Foreign Affairs, and the Minister of Oil. Key agreements included: A Memorandum […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with representatives of 24 major British companies and business leaders in London, emphasizing Iraq's openness to investment and development opportunities. During the meeting, held as part of his official visit, Al-Sudani highlighted Iraq's improving investment climate and urged British firms to turn discussions and agreements into […]
By John Lee. Prime Ministers Keir Starmer and Mohammed S. Al-Sudani have unveiled an ambitious £12.3 billion [$15 billion] UK-Iraq trade and investment package aimed at enhancing prosperity and bilateral economic ties. The agreement represents over a tenfold increase in trade compared to last year and underscores both nations' commitment to strategic collaboration across key […]
By John Lee. During Prime Minister Mohammed S. Al-Sudani's official visit to London, Iraq's Sovereign Guarantees Initiative Committee signed a Memorandum of Understanding (MoU) with UK Export Finance (UKEF) to enhance economic collaboration. The MoU, signed by Mohammed Sahib Al-Darraji, Head of the Initiative Committee and Advisor to the Prime Minister, and Adam Harris, Director […]
