Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
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 […]
By John Lee. The British Embassy in Baghdad has announced funding for projects to improve freedom of religion and belief in Iraq. Under the John Bunyan Fund, the UK will make £30,000 ($39,000) available to projects that include action-oriented ideas which will bring about concrete outcomes. According to a statement from the Embassy: "In particular, […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Nearly 6,000 new companies established by KRG's Ninth Cabinet Dara Jalil Khayat (pictured), the President of the Erbil Chamber of Commerce and Industry, has said that a new industrial zone is being built in […]
By John Lee. The Iraqi Cabinet has approved the recommendation of the Energy Ministerial Council for the construction of a third offshore oil export pipeline, sometimes referred to as "Sealine 3" or "SL-3". The 48-inch pipeline will have a capacity of 2 million barrels per day (bpd), and is planned to be completed in 400 […]
By John Lee. Sama Samawa Industries has announced plans to build a cement factory in Muthanna Governorate, southern Iraq. According to Shafaq News Agency, the factory aims to produce various types of cement, with a daily production capacity of 7,000 tons and an annual output of two million tons. Sinoma International Engineering, a Chinese company […]
By John Lee. The United Nations (UN) Secretariat has awarded Taj Al-Saqr Company For General Contracting a contract for the construction of a children's playground and rehabilitation of five-player football pitch in Qirawan, Sinjar District. The contract value is $90,266. (Source: UNGM)
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Construction Activity and Stability The market, as measured by the Rabee Securities RSISX USD Index was up 4.4% in June, and up 30.4% for the year. The […]
By John Lee. Iraqi Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein met with Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD). The meeting focused on ways to enhance bilateral relations between Iraq and the bank, with a focus on strengthening the private sector in Iraq and digitizing the […]
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed three new members: Saudi-based Alkhorayef Group operates in the agricultural machinery, food distribution, oil technologies and water sectors, and partners with many of the largest global brands operating in KSA, including Volvo, Penta and Castrol. It operates in 40 countries, and employs more than […]
By Louisa Loveluck and Mustafa Salim, for The Washington Post. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A building boom fueled by corruption is changing the face of Baghdad Twenty years after an American-led invasion plunged Iraq into conflict, a real estate […]
