Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By John Lee. Prime Minister Mustafa Al-Kadhimi has laid the foundation stone for a new power station in the Al-Furat district of Anbar Governorate. According to a statement from the Media Office of the Prime Minister, the total capacity of the plant is 1,642 megawatts, at a cost of one billion dollars, and the project […]
By John Lee. The Iraqi government has decided to exempt the project to rehabilitate Mosul International Airport from the "contracting mechanisms that apply to government contracts and from the instructions for implementing the federal budget". The decison was approved at this week's cabinet meeting, chaired by Prime Minister Mustafa Al-Kadhimi. (Source: Govt of Iraq)
By Haider Ibrahim for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Mega projects do little to calm Iraq's housing crisis Despite several mega housing projects launched in Iraq, most notably the Al-Rafeel City project and Bismayah New City in Baghdad, […]
By John Lee. Prime Minister Mustafa Al-Kadhimi chaired a meeting on Monday to discuss plans to rebuild Mosul International Airport, which was damaged during the war against ISIS terrorist gangs. The meeting, which was attended by the Minister of Construction, Housing, Municipalities and Public Works, the Governor of Nineveh, and a number of specialized officials […]
By John Lee. UK-based heavy machinery maker JCB has announced that it has signed a partnership agreement with Khair Al-Wady Al-Athim (KAW). Under the contract, KAW will supply the full range of JCB construction, industrial, access and power products in Iraq. According to media reports, KAW is part of the Baghdad-based Al Sadeq Group. (Source: […]
By John Lee. Ummet Al Salam Co. Ltd. for General Trading & Contracting has won a new contract with the United Nations Office for Project Services (UNOPS), for the supply and installation of solar street lights in Anbar. The contract is valued at $362,620. (Source: UNGM)
By Mina Al-Oraibi, for Foreign Policy. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Five Years After Liberation, There Is New Hope Among Mosul's Ruins On the anniversary of its liberation from the Islamic State, Iraq's second city heals its scars. Click here […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Are new housing projects curbing tribal violence in Iraq? Tribal customs are interwoven into the fabric of Iraqi society. It is estimated that 75% of Iraqis are part of one of roughly 150 […]
By John Lee. Jibal Yathrib For General Contracting LTD has won a contract with the United Nations for the rehabilitation of 37 damaged houses in Maghrib and Sikak neighborhood, Mosul City, Nineveh Governorate, Iraq. The contract is valued at $161,293.90, and has a stated potential end date of 11th May 2023. (Source: UN Procurement Division)
By Mohamed Sabry for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Egypt to build desalination plant in Iraq Egypt plans to build a desalination plant on the Euphrates River to help address acute water shortages in southern Iraq amid lack […]
By John Lee. Greek construction company Archirodon has filed a petition to enforce an arbitration award against the General Company for Ports of Iraq, the Iraqi Ministry of Transport, and the Republic of Iraq. According to Offshore Alert, the company is claiming $105 million relating to an arbitration award that was granted three years ago. […]
Norway reaffirms its commitment to stabilization in Iraq with US$ 7.5 million contribution The Government of Norway has made a new contribution NOK 70 million (approximately US$ 7.5 million) to the United Nations Development Programme (UNDP) Iraq's Funding Facility for Stabilization (FFS), which supports stabilization, durable solutions, and the safe return of internally displaced Iraqis […]
