Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. Malaysia's HSS Engineering Berhad (HEB) has signed a contract with the Mayoralty of Baghdad for the provision of Project Management Consultancy and Supervision Services for the Baghdad Metro Project. The contract is due to start this month, with a estimated completion date of May 2029. Estimated fees are almost $316 million. Statement […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired a meeting on Sunday with the committee tasked with lifting the European Union (EU) ban on Iraqi Airways. The committee reviewed the steps taken to meet the ban's requirements, efforts to automate all aspects of the airline's operations, aircraft maintenance, staff training, and service improvements to […]
By John Lee. The Director General of Iraqi Airways has said the airline generated over $91 million in sales and profits during the first five months of 2024, an increase of 89 percent on the same period last year. Manaf Abdul Munem attributed the growth to the effective implementation of the company's operational plan, which […]
By John Lee. The Iraqi Ministry of Transport has announced the release of salaries for employees of the company responsible for security at Baghdad International Airport (BIAP) for the second consecutive month, following directives from the Council of Ministers and under the supervision of Minister Razzaq Muhibis Al-Saadawi. According to a statement from the Ministry's […]
By John Lee. The first direct flight between Erbil and London was successfully completed on Friday. The flight, operated by Ur Airlines, departed from Erbil International Airport (EIA) at 2pm, carrying 125 passengers. Previously, flights from the Kurdistan Region to the United Kingdom required stops and plane changes, but these flights will now be direct. […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani met with Mr. Dai Houliang, Chairman of the Board of Directors of the China National Petroleum Corporation (CNPC), and an accompanying delegation. Al-Sudani affirmed Iraq's keenness to develop relations with China across various sectors, emphasizing that the presence of Chinese companies, including in the oil sector, […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Ambassador to China announces major educational, trade initiatives Passenger numbers at Erbil International Airport (EIA) increased by 23 percent in 2023, according to Director Ahmed Hoshyar. Click here to read the full article.
By John Lee. The United Nations Development Programme (UNDP) has issued a new 49-page report on investment opportunities aligned with Iraq's Sustainable Development Goals (SDGs) in target markets and sectors. The report identifies investment opportunities in the following areas: Food Processing Mid-tech Greenhouses Specialty Dairy Products EdTech Platforms Low-fee Private Schools Education Infrastructure Utility-scale Solar […]
By John Lee. Saudi air carrier flynas has launched its first direct flight between Dammam and Al Najaf on Saturday. An inaugural ceremony was held at King Fahd International Airport (KFIA) in Dammam, attended by HE Iraq ambassador to Saudi Arabia and representatives from flynas, the Saudi-Iraqi Coordination Council, the Saudi General Authority of Civil […]
By John Lee. An Iraqi member of parliament has reportedly warned of a "national security disaster", following the alleged disappearance of funds belonging to Canadian security company Biznis Intel. In 2022, the company was controversially awarded a contract to secure Baghdad International Airport (BIAP), taking over from the British company G4S. Shafaq News Agency reports […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Biznis Intel dismisses director amid corruption scandal at Baghdad International Airport Biznis Intel, the company responsible for securing all facilities at Baghdad International Airport, has announced the dismissal of its authorized director ... Click […]
By John Lee. Fly Erbil has said it is planning to launch direct flights between Erbil and London from 31st May. Initially there will be one flight per week (Friday), with plans to increase later to two flights per week. The flight between Erbil and London has a two-hour stopover at Plovdiv International Airport (PDV) […]
