Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Manaraat Al-Madina Company for General Contracts has won two contracts with the United Nations Office for Project Services (UNOPS): Rehabilitation of war damaged shelters in Qaim. The contract is valued at $303,160. Rehabilitation of war damaged shelters in Rummanah. The contract is valued at $398,415. (Source: UNGM)
By John Lee. The Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, has chaired the sixth meeting of the Supreme Committee for Reconstruction and Investment this week, discussing service and residential investment opportunities in various governorates. At the meeting, approval was given for a request from the National Investment Commission (NIC) to establish an iron and steel […]
By John Lee. The US Ambassador to Iraq, Alina L. Romanowski, has expressed a wish for a strong US-Iraq strategic partnership that will benefit all Iraqis. In a statement marking the start of Ramadan, she highlighted: Since 2012, the U.S. Congress has appropriated more than $3.5 billion to build up Iraq's security forces. Over the […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has conducted a field visit to the Rixos and Mövenpick hotel projects, both under construction in the heart of Baghdad. He received a detailed presentation on the progress of the execution of both projects and inspected the stages of completion. Al-Sudani emphasized the urgent need for large […]
By Harith Hasan, 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. Iraq's Development Road: Geopolitics, Rentierism, and Border Connectivity Iraq's Development Road project aims to create an Iraqi transborder transportation network connecting the Persian Gulf with Türkiye. This […]
By John Lee. Following the recent visit of the Prime Minister to Basra, the Iraqi Cabinet has decided to authorise the Basra Governor to negotiate and sign the framework agreement with the coalition of companies executing the desalination project in the province. According to a statement from the Media Office of the Prime Minister, this […]
By John Lee. Iraq's General Company for Iron and Steel has opened a news steel rolling mill in Basra province. The plant, rehabilitated following a 21-year hiatus, specialises in producing reinforced steel with diameters ranging from 8mm to 32mm, and has a capacity of 500,000 tons annually. The Ministry of Industry said the new facility […]
By John Lee. Iraq has taken delivery of a new crane barge, the "Shanashil". Speaking at an inauguration ceremony held at Umm Qasr Port in Basra province, Oil Minister Hayan Abdul Ghani highlighted the significance of this initiative, aimed at supporting national capabilities in managing and maintaining oil ports. He said the new vessel will, […]
By John Lee. Iraq's High Committee for Reconstruction and Investment has decided to refer the project for rehabilitating the sulphur [sulfur] production line at Al-Mishraq to Rafidain Iraq General Trading and Contracting Company. This project is expected to achieve a production capacity of 1.5 million tons of refined sulfur annually, which is a crucial material […]
By A.S. Harinath and Ahmed Ali, for the World Bank. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Conflict Pollution: Lessons from Iraq In Iraq, successive conflicts, including attacks on its oil and industrial assets, have created environmental pollution hotspots. Tackling the contaminated sites […]
By John Lee. On Thursday, Prime Minister Mohammed Shia Al-Sudani welcomed Mr. Tan Sri Onn Saifuddin Ismail Bin Shaharuddin, President of the HSS and CHSS Malaysian alliance. Mr. Ismail has undertaken consultancy roles for the Baghdad Metro and the Karbala-Najaf train projects. The meeting was attended by the Malaysian Charge d'Affaires in Iraq, Mr. Muhammad […]
By John Lee. Abu Dhabi's AD Ports Group this week welcomed an Iraqi delegation headed by His Excellency Mr. Razzaq Muhaibas Al-Saadawi, Iraq's Minister of Transport, alongside key figures and leaders in business, investment and development sectors. The focus was on a number of projects pivotal to international transport, logistics services, economic cooperation in the […]
