Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Moslawis celebrate the reopening of Mosul University's Central Library and Ninewa Federal Court of Appeal The newly-rehabilitated Central Library at Iraq's second-largest university, Mosul University, was officially reopened today by the United Nations Development Programme (UNDP), the Federal Republic of Germany and the Ninewa Governorate. Mosul University's Central Library, once a center of knowledge and […]
By John Lee. Mobile phone service Asiacell has reported a healthy increase in its customer base and local-currency revenue. In its results for FY 2021, parent company Ooredoo said: "Asiacell reported revenue of QAR 3.7 billion during 2021, a decrease of 9% mainly due to the devaluation of the Iraqi Dinar by 18%. In local […]
By John Lee. Qimmat Al Nidhal Company for Contracting, General Trading, Ltd. has won a contract with the United Nations Office for Project Services (UNOPS) for the "renovation of the Sumerian Gallery at the Iraq Museum in Baghdad." The contract is valued at $541,210. (Source: UNGM)
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has received approval from Iraq's Council of Ministers to hire an international law and an international auditing firm to investigate previous contracts at the Bismaya Residential City. According to a statement from the NIC, the firms will "propose a financial model, […]
By Muhammad Jawad Adib for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Will Iran's electricity cut turn Iraq toward Gulf? Iraq is facing reduced electricity and gas supplies from Iran, which might lead Iraq toward an electricity connection with the […]
By John Lee. The Ministry of Finance is to provide financing of 28.2 billion dinars ($19.3) to build a 95-km long coastal road along the Shatt al-Arab waterway. The plan was approved at this week's cabinet meeting, chaired by Prime Minister Mustafa Al-Kadhimi. According to the Cabinet Spokesperson, the Minister of Culture Hassan Nadhem, the […]
By John Lee. Three Egyptian construction companies are poised to win major contracts for housing projects in Iraq. In an interview with Egypt's Al-Dustour news service, Jaber Al-Hassani, Undersecretary of the Iraqi Ministry of Housing, said Iraq intends to sign contracts this month with three companies nominated by the Egyptian Ministry of Housing; one will […]
Mosul University's Theatre Hall Officially Reopens After ISIL Destruction The newly-rehabilitated Theatre Hall at Mosul University was officially opened yesterday by the United Nations Development Programme (UNDP), KfW Development Bank and Ninewa Governorate. The Theatre Hall, which was the biggest hall in Ninewa, was severely damaged during ISIL occupation and Mosul's liberation. It is rehabilitated […]
The European Union and UNICEF, in collaboration with Eni, launch a project to improve the water quality for 850,000 people in Basra The European Union (EU) and UNICEF, in collaboration with Eni, have launched a project in partnership with the Basra Governorate, aiming to improve the water quality for 850,000 people in Basra City, including […]
By Ksenia Svetlova, for The Jerusalem Post. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq became the top link in China's belt and road strategy Almost 20 years after the war in Iraq began, billions of Chinese yuan are being invested […]
By John Lee. Mashareea Al-Taqa Company for Contracting and General Trading has won a contract with the United Nations Secretariat for the "construction of maternity ward and drug store in al Bu'Aiji Health Centre and a prefab waiting room for ration card entity, Baiji City, Salah al Din governorate." The contract is valued at $109,026.50. (Source: […]
By Abbas Kadhim, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq is forming a new government. But getting there will be complicated. Whatever the outcome of the ongoing negotiations, the prospects of the next government will depend on […]
