Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. A committee of the Ministry of Industry has approved a plan to build an industrial city at the site of the General Company for Iron and Steel in Basra. According to a statement from the Ministry, the new development will be built in collaboration with a Chinese company, and based on the […]
By John Lee. Turkiye's Transportation and Infrastructure Minister, Abdulkadir Uraloğlu, met with the official delegation led by the Iraqi Minister of Transport, Razzaq Muhebess Al-Saadi, on Friday. Minister Uraloğlu stated that they discussed regional issues and cooperation on the Development Road project. He emphasized the significant progress made in both the railway and highway phases […]
UN-Habitat and the Government of Japan are collaborating to develop the residential area designated for returnees under Mosul's Master Plan The United Nations Human Settlements Programme (UN-Habitat) welcomes renewed collaboration with the Government of Japan to develop peacebuilding activities and durable solutions in Northern Iraq, with a focus on assisting returnees from Mosul, one of […]
By John Lee. Under the patronage of Prime Minister Mohammed Shia Al-Sudani, the signing ceremony for the new Ali Al-Wardi Residential City project took place on Wednesday. Iraq's Minister of Housing, along with the director of Egypt's ORA Developers, Mr. Naguib Sawiris, signed the contract. This project is the largest of five new residential city […]
By John Lee. Iraq's Minister of Industry and Minerals, Dr. Engineer Khaled Battal Al-Najm, chaired a meeting of the Board of Directors of the General Company for Phosphates on Tuesday. The meeting was attended by the directors of the control, legal, technical, and investment departments within the ministry to discuss the latest developments regarding the […]
By John Lee. The Iraqi President, Abdul Latif Jamal Rashid, met with a delegation led by Spain's Minister of Foreign Affairs José Manuel Albares at Baghdad Palace on Thursday. Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein also attended the meeting. President Rashid emphasized the importance of working together to strengthen relations between […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has this week reviewed the designs and plans for the riverside development in Mosul, presented by Nineveh Governorate. The presentation included the study, designs, and implementation details for the project. (Source: Media Office of the Prime Minister)
By John Lee. Iraq's Commission of Integrity has arrested the General Manager of the Iraqi Cement Company and the director of a private company on charges of bribery. The arrests followed a tip-off from an investor who claimed to be a victim of extortion, having been asked for a sum of $500,000 in exchange for […]
By John Lee. The International Finance Corporation (IFC), part of the World Bank Group, is investing in Al-Douh Iraqi Company for Cement Industries ("Al Douh"), a leading cement manufacturer and part of Al-Riyadh Investment Companies Group (RICG). According to a statement from the IFC, the decision was made to help boost economic diversification and spur […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani has approved the recommendations of the committee responsible for establishing a fixed platform for imported gas at the large Al-Faw Port. This platform is the first of its kind in the national oil, gas, and related infrastructure sector. During a meeting chaired by the Prime Minister on […]
By John Lee. Fallujah-based Aswar Al-Dammam for General Contracting has won a contract with the United Nations Office for Project Services (UNOPS) for the "Rehabilitation of 109 War Damaged Shelters ( WDSs) in Ramadi." The contract is valued at $712,791. (Source: UN)
By John Lee. On Saturday, Prime Minister Mr. Mohammed Shiaa Al-Sudani inaugurated the intersection bridge near the College of Fine Arts in the Rusafa district of Baghdad. This bridge is the first among the traffic congestion relief projects launched by him last year in the capital, Baghdad. T According to a statement from the Prime […]
