By John Lee. Reuters reports that China's state-owned China National Chemical Engineering Company (CNCEC) is to build a 300,000-bpd oil refinery at the Iraqi port of Fao. (Sources: Reuters, Mehr)
China to Build New Refinery at Fao
Archive | Construction & Engineering In Iraq
Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Iraq plans New City next to Capital
By Omar Sattar 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 plans new city next to capital In order to find solutions to the chaos in Baghdad due to overpopulation, the Iraqi government plans to launch a new city […]
PM: "Every Iraqi Family has Right to Own a Decent House"
By John Lee. The Iraqi Council of Ministers held its regular session on Tuesday, chaired by Prime Minister Mustafa Al-Kadhimi. Regarding the housing crisis, the Prime Minister clarified that the government plans to distribute 550,000 plots of residential land to citizens in a first phase of allocation. He added: "Every Iraqi family has the right […]
Engineers Still Held Without Charge in Iraq
By John Lee. Australian citizen Robert Pether and his Egyptian colleague Khalid Radwan are reportedly still being held without charge in Iraq, following a contract dispute relating to the construction of the new Central Bank of Iraq (CBI) head office in Baghdad. The pair were detained in early April, having allegedly been tricked into traveling […]
Tags: Australia, Central Bank of Iraq (CBI), CME Consulting, Egypt, EKO Engineering Arabia, featured, Ireland, mn, United Arab Emirates (UAE)
EBRD Investigates Expansion into Iraq
By John Lee. The European Bank for Reconstruction and Development (EBRD) has confirmed its intention to expand its operations into Iraq. It concluded its 30th Annual Meeting this week with decisions on the Bank's future work on the green transition and towards expanding its activities. The Bank's shareholders "gave us a green light on the […]
China-US Rivalry playing out in Iraq
Writing in Oil Price, Simon Watkins says Iraq is playing the United States and China off against each other in the awarding of contracts for infrastructural development and oil sales. Click here to read the full story.
Tags: Belt and Road Initiative (BRI), China, featured, Infrastructure, Iraq Oil Exports News, oil price, One Belt One Road (OBOR), United States, Zhenhua Oil
Italy Increases Iraq Funding by $2.4m
Italy renews its commitment to Iraq's stabilization with a new US$2.4 million contribution The Ministry of Foreign Affairs and International Cooperation of Italy, represented by the Italian Agency for Development Cooperation (AICS), is supporting the United Nations Development Programme (UNDP) with an additional EUR 2 million (US$2.4 million) to assist communities affected by the Islamic […]
Tags: featured, Funding Facility for Stabilization (FFS), Italian Agency for Development Cooperation (AICS), Italy, mn, UN Development Programme (UNDP)
Iraqi Government takes on Housing Crisis
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi government takes on housing crisis The Iraqi government is mulling over several housing projects to solve the mounting housing crisis. Click here to read the full story.
Norway Increases Iraq Funding by $8.3m
Norway reaffirms its partnership with US$8.3 million contribution for stabilization in Iraq The United Nations Development Programme (UNDP) in Iraq welcomes a NOK 70 million (US$8.3 million) contribution from the Government of Norway to its flagship Funding Facility for Stabilization (FFS). This critical support will focus on stabilizing the five governorates liberated from the Islamic […]
Tags: featured, Funding Facility for Stabilization (FFS), mn, Norway, UN Development Programme (UNDP), United Nations (UN)
£2m allocated to Baghdad-Kut Road
By John Lee. The Iraqi cabinet has agreed to allocate 3 billlion dinars [$2 million] to the Municipality of Baghdad to expand Street 77 and Street 80, and the Baghdad-Kut, Rustumiya road. The funding will be made from the emergency reserve for the fiscal year 2021. (Source: Govt of Iraq)
2021 Iraqi Elections: Voters and Winners
By Marsin Alshamary, post-doctoral fellow at the Brookings Institution, and non-resident fellow at the Institute of Regional & International Studies, for 1001 Iraqi Thoughts. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. 2021 Iraqi Elections: Voters and Winners To understand the likely and unlikely […]
Tags: 1001 Iraqi Thoughts, Brookings Institution, featured, Institute for International and Regional Studies (IRIS), Institute of Regional and International Studies (IRIS)
When will Iraq's envisioned Industrial Cities fire up?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. When will Iraq's envisioned industrial cities fire up? The previous Iraqi government headed by Adil Abdul Mahdi (Oct. 2018-May 2020) concluded a number of ambitious agreements to establish joint industrial cities with neighboring […]