Iraq Business News brings you the latest information on developments and opportunities in the construction & engineering industries in Iraq.
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. No quick fix for Iraq's Electricity Crisis The heat wave in Iraq has raised the ire of citizens in the central and southern areas, pushing many to take to […]
By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At its meeting, the Cabinet discussed the urgent needs in Dhi Qar province, and agreed to allocate 50 billion dinars to Dhi Qar Governorate. The Cabinet also authorised the Iraqi Civil Aviation Authority (ICAA) to […]
By John Lee. Aggreko plc, the Scottish-based supplier of temporary power generation equipment, has won a significant order in Iraq during the first half of this year. In its results for the six months ended 30th June 2020, the company said: "Order intake [in its Power Solutions Utility division] was 237 MW (2019: 245 MW), […]
By John Lee. KRG Prime Minister Masrour Barzani recently laid the foundation stone for a new 100-metre wide highway in Slemani (Sulaymaniyah). The 146-kilometre road will be built in three phases through a cost-sharing arrangement between the KRG and the Qaiwan Group. The first stage, valued at IQD 400 billion ($336 million), is planned to […]
By Ali Abdulhadi al-Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is facing a difficult housing crisis due to oil prices dropping amid the coronavirus pandemic. Click here to read the full story.
By John Lee. Iraq's Council of Ministers has approved a contract with Japan's JGC Corporation to build a 55,000-bpd refinery in Basra province. According to a statement from the Ministry of Oil, the new plant will create 7,000 jobs, in addition to 70,000 during the construction phase. The General Manager of the South Refineries Company […]
The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Cabinet discussed the needs of Iraq's health sector, and agreed several measures to expand existing capacity and introduce new services. The measures included: Adding additional ward capacity for the treatment of cancer patients at the National Amal Hospital and the […]
The number of cases of COVID-19-infected persons is also rapidly increasing in Iraq. The peak of the disease is expected in autumn. At least four new hospitals are to be built in the country's largest cities by then. KfW is financing the construction on behalf of the German government with an initial amount of EUR […]
No one could predict what the year 2020 would bring, especially facing an unprecedented global health pandemic.For Mosul, which today is still reeling from the effects of ISIL's four-year brutal rule, COVID-19 presented a crisis upon crises affecting the city's quest for stability. Under its Funding facility for Stabilization Programme (FFS), UNDP has been active […]
A senior Iraqi official said the construction work for establishing a major railway project connecting the Arab country to neighboring Iran will get underway not in the too distant future. "The railway between Iran and Iraq through the Shalamcheh link will get going soon," said Qasim al-Araji, a national security adviser to the Iraqi government, […]
United Nations Secretary-General on COVID-19 and the Arab region: recovery is an opportunity to build back better The COVID-19 pandemic is wreaking havoc on an Arab region struggling with decades-long development challenges, including occupation and conflict but also a dire economic situation, which have limited States' capacity to mitigate the impact of the virus. However, […]
Minister for Foreign Affairs Pekka Haavisto visited Iraq on 22-23 July at the invitation of Iraq's Minister of Foreign Affairs Fuad Hussein. The central purpose of the visit was to establish relations with Iraq's new Government, to express support for Iraq's stabilisation efforts, and to exchange views on topical bilateral and regional questions. Iraq is […]
