Iraq Business News brings you the latest news on developments and opportunities in Iraq’s public works.
By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. At the beginning of February, a British archaeological excavation mission unveiled at the ruins of Ur a large trade center that is the oldest in the world, going back to the Old Babylonian period […]
By John Lee. Iraq's Electricity Minister, Qassem Fahdawi [Qassim al-Fahdawi] (pictured), has reportedly said that his ministry is looking to invest in solar energy projects, in an attempt to solve the continuing shortage of electricity. He said the country produces only about 11,000 MW of power, but needs 21,000 MW. According to Kuwait's KUNA news […]
The Federal Government of Iraq’s Joint Coordination and Monitoring Centre (JCMC) and Kurdistan Regional Government’s Joint Crisis Coordination Centre (JCC) today met in Erbil to discuss how to effectively reach to more than 3 million displaced Iraqis in the country, as funding is drying up. The United Kingdom and UN Development Programme (UNDP) also signed […]
Crisis-torn Iraq still needs ‘continuous and massive’ international support, Security Council told With Iraq facing “one of the most difficult phases in its modern history,” the Government, its leadership and, most of all, Iraqis themselves, will need “continuous and massive” support and assistance from the international community, the top United Nations official in the country […]
With more than 74,000 new people displaced by fighting on the move in Iraq, the United Nations humanitarian wing has warned that overall, some 40 per cent of critically needed life-saving water and sanitation programmes will be forced to shut down by the end of the month due to lack of funding. “New displacements, dynamic […]
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Never-ending Electricity Crisis means Lights Out for Iraqis, Again Electricity generators have often saved Iraqis from summer temperatures that can reach 50 degrees Celsius (122 degrees Fahrenheit). Yet, they have also become a symbol […]
By John Lee. Prime Minister Haider Al-Abadi has opened the new Al-Jadiriya Water Reservoir. This project coincided with opening another project in the area of Kasra Wa Attash. According to a statement from the Office of the Prime Minister, the capacity of the two projects is "150 000 cubic meters". Al-Abadi emphasized the importance of […]
The Kurdistan Regional Government's Ministry of Electricity and the UN Development Programme (UNDP) have extended their partnership to improve the electricity sector. UNDP will play a pivotal role in updating the region’s master plan and strengthening the institutional capacity of the regional government by establishing a training centre in Erbil. UNDP will continue to help […]
By John Lee. Islamic State (IS, ISIS, ISIL) militants reportedly closed Ramadi Dam on Tuesday, cutting the supply of water flow to areas controlled by the Iraqi security forces east of the city. The dam is on the Euphrates River, north of the city. The action is expected to cause further civilian displacement of civilians […]
By John Lee. Finance Minister Hoshyar Zebari has signed a memorandum of understanding with the Japanese charge d'affaires in Iraq to finance two development projects using loans from Japan. The first involves a loan of $450 million (525 billion Iraqi dinars) for reconstruction in the electricity sector, while the second is to finance the reconstruction […]
By John Lee. Texas Aquatic Harvesting Inc., an aquatic vegetation removal company, is reportedly working on a $2-million (2.3 billion Iraqi dinar) deal with the Iraqi government for 10 tiger cutters. Tiger cutters are 21-foot-long vessels that clear waterways using a pair of blades affixed to their front to shred overgrown vegetation. The company employs […]
According to a report from BasNews, the Baghdad-Kirkuk highway was reopened on Monday, having been closed since March 2nd due to attacks and threats from the Islamic State (IS, ISIS, ISIL). For the moment, it is only open to personal vehicles, taxis and buses, and is not yet open to trucks. The Shi’ite militia group Hashid […]
