Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
Multidisciplinary consultancy Khatib & Alami has completed the design for a new land port in Safwan, Basra, at the border between the Republic of Iraq and the State of Kuwait. Subject to authority approvals, the project will enhance the passage of commercial goods and people by increasing capacity to around 1,000 vehicles per day, with […]
By John Lee. Prime Minister Mustafa Al-Kadhimi has laid the foundation stone for the next phase of the giant Grand Faw Port project. This phase consists of: The construction of five berths for container ships; Creating the container storage and handling yard, and digging the inland shipping channel; Building the external navigation channel; Building a […]
By John Lee. Prime Minister Mustafa Al-Kadhimi has laid the foundation stone for the South Refineries Company (SRC)'s new Fluid Catalytic Cracking (FCC) complex at Basrah Refinery. The project will be built by Japan's JGC Corporation, and will increase refinery capacity by 55,000 barrels per day (bpd). It will be funded by a loan from […]
Dar Al Handasah has provided consultancy services to more than 950 clients in 60 countries, and has handled projects involving a total investment cost of over US$ 300 billion. Through these projects, we participate actively in the development of our societies. With a permanent staff of 9,850 and over 4,000 successfully completed projects, DAR has in-house […]
By John Lee. Germany's Eggersmann Group has reportedly completed the commissioning of the Middle East's first RDF (Refuse Derived Fuel) bio-drying project in Sulaymaniyah. According to Cemnet, the client, "a local cement producer, negotiated a 20-year agreement for receiving waste from the municipality at the agreed tipping fee per tonne". Eggersmann's website says that contracts […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Mosul old city properties rapidly being bought up: residents Locals in Mosul say people from Iraq's southern provinces are buying up historical houses and property in the war-devastated old city at an alarming rate. […]
By John Lee. An Iraqi court has sentenced the director of the Baghdad Star [Najmat Baghdad] housing project to two years in prison and fine of IQD 10 million on a charge of bribery. According to Iraq's Supreme Judicial Council, the director giving an employee money to get investment licenses in Baghdad. (Source: Iraq Supreme […]
By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi visited Riyadh on Wednesday on his first official visit to Saudi Arabia. A session of talks was held between the Prime Minister and His Royal Highness Prince Muhammad bin Salman bin Abdulaziz Al Saud, which dealt with cooperation between the two countries. The two sides agreed on […]
ILO and the Cash Consortium for Iraq sign MoU to advance the humanitarian-development nexus and improve economic opportunities for vulnerable populations The ILO and the Cash Consortium for Iraq (CCI) have signed a Memorandum of Understanding (MoU) as part of the agencies' strategic partnership to strengthen collaboration in advancing economic growth and self-reliance for vulnerable […]
AICS and UNOPS Partner to Rehabilitate the Basic Services for Returnees in Sinjar, Iraq The Italian Cooperation and UNOPS launched a new project to support the Government of Iraq in rehabilitating basic services to returnees in Sinjar. The project will support the Government of Iraq in rehabilitating the basic water services for returnees in Sinjar […]
By John Lee. Pakistan-based Lucky Cement has announced that it started commercial operations at its new cement production facility in Samawah on Wednesday. In a statement to the Pakistan Stock Market, the company said the new plant [Najmat-Al-Samawah (NAS)] has a capacity of 1.2 million tonnes per annum, and is a joint venture with Al-Shamookh […]
Pope Francis' historic visit to Iraq highlights remaining needs in areas liberated from ISIL The historic visit of His Holiness Pope Francis to Iraq is testament to the strength of the Iraqi people in rebuilding their lives post ISIL, but also highlights the urgent, basic remaining needs of 1.2 million Iraqis still displaced from the […]
