Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
DNO ASA, the Norwegian oil and gas operator, today reported that production from its flagship Tawke field in Kurdistan has been restarted following a four-month shut-in triggered by the closure of the Iraq-Turkey Pipeline export route. Production was restarted last month to conduct well integrity tests and synchronize reservoir models but has continued in response […]
By John Lee. The Director of the General Company for Iraqi Ports, Eng. Farhan Al-Fartousi, has announced some key statistics for the new navigational canal project at Khor Abdullah and the Grand Faw basin: Up until the 10th of August, a total of 8,764,460 cubic meters of mud have been dredged. The ongoing projects include […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired the fourth meeting regarding the New Sadr City project. During the meeting, initial structural designs for the project were approved after a detailed presentation by the company responsible for its development. Key points discussed during the meeting included the resolution of land ownership procedures involving the […]
By John Lee. The Kurdistan Regional Government (KRG) has issued a summary of investments in the region over the past four years: Between August 28, 2019, and August 5, 2023, the ninth cabinet of the Kurdistan Regional Government completed 280 diverse investment projects across the region. A total of $13.53 billion was invested in these […]
By John Lee. A press release from the World Bank highlights the need for more schools to be built in Iraq. In their report -- Iraq: New schools and improved learning bring hope to the poorest children, but more is needed -- Jaime Saavedra and Elisabeth Sedmik argue that more than 8,000 schools need to […]
By Muhammed Fansa for Enab Baladi. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Sanctions and rehabilitation costs impede operation of the Kirkuk-Baniyas oil pipeline After the first visit of the Iraqi Prime Minister, Mohammed Shia al-Sudani, to Syria, and his meeting with the […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani reviewed initial plans and overall outlines for a large tourist complex in central Baghdad on Sunday. The project proposal was submitted by the Qatari Investment Holding Company [Estithmar Holding], specialized in real estate development and investment in tourist destinations. Pictures provided by the Media Office of the […]
By John Lee. In an effort to address the water scarcity crisis and expedite the implementation of a seawater desalination plant project in Basra province, the Iraqi Cabinet has made the following decisions: Amendment to Previous Decision: The Cabinet has revised the resolution made in 2021 under Cabinet Decision No. 315. Project Transfer: The Ministry […]
By John Lee. The Kurdistan Regional Government (KRG) has said that the Gomaspan Dam in Erbil Governorate will be the third largest in the Kurdistan Region when it's completed in mid-2024. Key statistics: Location: Erbil Governorate, Kurdistan Region Size: Third largest dam in Kurdistan Region Reservoir Storage: Expected 115 million cubic metres Water Usage: Irrigation: […]
By John Lee. On Sunday, Iraqi Prime Minister Mohamed Al-Sudani chaired the second meeting of the High Committee for the Development Road Project ("dry canal" project). The meeting reviewed recent progress made by relevant authorities in advancing the project, with each responsible for their respective tasks. They also discussed updates on procedures with interested countries […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Yazidis appeal to Baghdad for funds to rebuild their native Sinjar Iraq's Yazidi groups are pleasing for more financial assistance to rebuild Sinjar, which was decimated by the […]
By John Lee. The Iraqi Minister of Transport, Mr. Razaq Mahibis Al-Saadi, held a wide-ranging meeting with a delegation from the United Arab Emirates (UAE) representing Abu Dhabi Ports and Etihad Rail at the Ministry's headquarters in recent days. He welcomed the visiting delegation, highlighting the exceptional relationship between Iraq and the UAE and expressing […]
