Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Reband Company For General Contracting has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for, "Car Parking and Transport Workshop Facilities Improvement Project at UNAMI Compound." The contract is valued at $166,956. Potential end date is Thursday, August 1, 2024. (Source: UNGM)
By John Lee. The General Company for Iraqi Cement, a subsidiary of the Ministry of Industry and Minerals, reported a 22-percent increase in production in the first quarter of the current year compared to the same period in 2023. Director General Haider Hadi Ali stated the company produced 2,356,975 tons of cement across its plants […]
By John Lee. The Iraqi Cabinet has approved several measures related to the Development Road project. These include authorizing the Ministry of Transport to contract with the US consulting firm Oliver Wyman for advisory services, bypassing government contract execution rules. The project is exempt from certain investment project registration requirements. The investment company will reimburse […]
By John Lee. The General Company for Iraqi Cement, a subsidiary of the Ministry of Industry and Minerals, has announced that the Basra Cement Plant has achieved its design capacity with an annual production of 600,000 tons. According to a statement from the Ministry of Industry, the plant has the ability to increase its capacity […]
By John Lee. UAE-based company ARJ Holding LLC has signed a contract to establish a compound fertilizer production project in Baiji, Salah al-Din province. According to a statement from the Office of the Prime Minister, the facility will have an annual production capacity of 249,000 tons of various compound phosphate fertilizers. It will make di-ammonium […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani inaugurated the first phase of the Continuous Casting Plant at the General Company for Steel Industries in Taji, north of Baghdad, on Wednesday. The plant, which has been rehabilitated, modernized, and operated, has a production capacity of 600,000 tons annually. It specializes in melting and casting […]
By Sarhang Hamasaeed, for the United States Institute of Peace (USIP). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Baghdad Is Ready for a New Chapter in U.S.-Iraq Relations Prime Minister al-Sudani's visit shows Iraq wants to move beyond security and needs U.S. […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani and Turkish President Recep Tayyip Erdogan signed a strategic framework agreement on Monday in Baghdad, establishing a roadmap toward a comprehensive economic partnership between the two countries. The ceremony also saw the signing of several memoranda of understanding (MoUs) and agreements in various fields and sectors […]
By John Lee. The Iraqi Ministry of Planning announced the signing of four contracts to implement service projects in several villages in the Erbil and Karbala provinces as part of the 2024 plan of the Social Development Fund. According to the Ministry's statement, new contracts were signed in April for a series of projects in […]
From the Iraq Britain Business Council (IBBC): IBBC's 15th Anniversary Conference: Iraq's 'Opportunities and Insights' This is a big year for Iraq and IBBC as we celebrate our 15th anniversary and Iraq moves into a new prosperous and stable phase. As advocates for the private sector in Iraq, IBBC champions best practice, through our special […]
By John Lee. Iraqi Prime Minister Mohammed Shia al-Sudani and Turkish President Recep Tayyip Erdogan presided over the signing of a quadrilateral memorandum of understanding (MoU) between Iraq, Turkey, Qatar, and the UAE in Baghdad on Monday. The MoU focuses on mutual cooperation for the strategic "Development Road Project" and was signed in the presence […]
By John Lee. The Iraqi Prime Minister has confirmed that Iraq has agreed with Abu Dhabi Ports (AD Ports Group) on a partnership to operate the new Al-Faw Grand Port. Addressing a round table held by the Bilateral Chamber in Houston, Texas, as part of his official visit to the United States, Muhammad Shiaa Al-Sudani […]
