Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. A factory in Erbil is recycling road materials, specifically asphalt, to reuse them for road maintenance and construction, according to a statement from the Kurdistan Regional Government (KRG). It says this project, run by public sector employees, is one of the most modern asphalt recycling facilities, with a daily production capacity of […]
By John Lee. An executive memorandum has been signed between the Lebanese Directorate General of Civil Aviation and the Iraqi Civil Aviation Authority (ICAA) to operate 45 weekly flights between Lebanon and Iraq. Lebanon's Minister for Transport, Ali Hamie, said the agreement was a milestone in enhancing cooperation between the two countries. (Source: @alihamie_lb)
By John Lee. The Iraqi Cabinet has endorsed recommendations from a meeting aimed at "unifying security measures" at Baghdad International Airport (BIAP). According to a statement from the Media Office of the Iraqi Prime Minister, the decisions are as follows: The Iraqi Civil Aviation Authority (ICAA) will settle its dues to the Canadian company Biznis […]
By John Lee. The European Union's Ambassador to Iraq has held discussions with the Iraqi Civil Aviation Authority (ICAA) with the intention of allowing Iraqi Airlines to fly in the EU. Newly-appointed Thomas Seiler said the matter will be discussed regularly, and both sides will work closely together on audits, checks and technical assistance. (Source: […]
By John Lee. Wizz Air Abu Dhabi has reportedly inaugurated its first flight from Abu Dhabi to Erbil today (Friday 6th October). According to WAM, the flights operate on Monday and Friday, with the national airline flying to more than 40 destinations from Abu Dhabi. The company reported on Monday that it has added a […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Iraq-Kuwait tension escalates amid renewed focus on maritime boundary Kuwait is ramping up pressure on Iraq to safeguard a 2012 deal on the demarcation of boundaries in a small but vital […]
By John Lee. The Gulf Cooperation Council (GCC) has called on Iraq to address what it says are the, "negative effects of developments over the Khor Abdullah maritime agreement." Their statement follows a declaration from the Iraqi Federal Supreme Court that the law approving the agreement between the Iraq and Kuwait on the regulation of […]
By Mohammed Muayad Koperly and Haider Zaki Qasim, for Iraq Business News. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Supreme Federal Court's Nullification of the Khor Abdullah Agreement: Reshaping Iraq-Kuwait Maritime Boundaries and Sovereignty As a reader interested in geopolitical affairs […]
Increasing the security of the trade supply chain at Baghdad International Airport On 10 September 2023, Iraq took a significant stride in bolstering trade supply chain security - concurrently targeting high-risk air cargo while facilitating the smooth flow of legitimate trade. In pursuit of this crucial objective, Iraqi authorities have joined forces with the United […]
By John Lee. The Iraqi Prime Minister has said that Iraq stands firm on its position that it will not engage in any railway connections for cargo transport until the Faw Port and Development Road project are completed. At a conference on Economic Integration in Baghdad, Mohammed Shia Al-Sudani continued: "Progress is evident in these […]
From The Economist. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A new railway will at last link Iran and Iraq The connection could shunt Iraq further into Iran's embrace. Read the full article here (subscription needed).
By John Lee. The International Finance Corporation (IFC), a member of the World Bank Group, has signed an with the government of Iraq to act as lead transaction advisor for a public-private partnership (PPP) to rehabilitate, expand, finance, operate and maintain Baghdad International Airport (BIAP). Under the agreement, the IFC, will act as lead transaction […]
