Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
Following the completion of a U.S.-funded, 18-month demining project, the Nineveh provincial government assumed control of the Mosul International Airport during a turnover ceremony on November 5. Demining teams from Janus, TetraTech, and local Iraqi partner Al Fahad carried out the project from April 2018 to October this year. Together, the contractors cleared more than […]
From Peace to prosperity: The Conference to find out what’s happening for Iraq business. The Iraq Britain Business Council (IBBC) Autumn Conference in Dubai on December 8th is set against a backdrop of relative peace and security in Iraq, and the prospect of oil revenues surging through the economy is driving a wider range of […]
On 20th October, a handover ceremony was held at Albwardy Damen, in Sharjah, UAE, marking Damen’s delivery of thirteen tugs to Jawar Al Khaleej Shipping. The tugs will be operated at various offshore terminals in Iraq, in a joint cooperation between Jawar Al Khaleej Shipping and General Company for Ports of Iraq (GCPI). The contract for […]
By John Lee. Protesters have reportedly blocked the entrance to Umm Qasr port, near Basra. According to Reuters, port operations were reduced to 20 percent as workers were unable to get to work. (Source: Reuters)
International Container Terminal Services Inc. (ICTSI) has formally inaugurated two new berths which for the first time offer the port of Umm Qasr, Iraq’s main dry cargo port, the ability to handle container vessels of up to 14,000TEU. The inauguration ceremony marked both the opening for business of the two new berths, Berths 25 and […]
By John Lee. South Korea’s Daewoo Engineering & Construction has reportedly won an $86 million order to build a prefabrication yard for a tunnel project at the new Al Faw Grand Port in Basra. Under the deal with the General Company for Ports of Iraq (GCPI), Daewoo will complete the Khor Al-Zubair immersed tunnel prefabrication […]
Iran’s Ambassador to Iraq Iraj Masjedi (pictured) praised the Baghdad government’s move to remove visa restrictions for Iranian pilgrims visiting the Arab country during the Arbaeen season and said the Islamic Republic will do the same for the Iraqi nationals in the near future. Speaking at a meeting of the Arbaeen Headquarters of the western […]
More than three million Iranians have registered to visit the holy cities of Iraq during the Arbaeen season, which marks the 40th day after the martyrdom anniversary of Imam Hussein (AS), the third Shiite Imam, a senior official said on Saturday. Amir Moradi, the executive manager of a task force charged with handling the Arbaeen […]
By John Lee. Iraq reportedly reopened the Al-Qaim border-crossing with Syria on Monday, following a closure of eight years. Syrian Interior Minister Mohammad Khaled al-Rahmoun, is quoted as saying that the opening signified “the victory of the Iraqi and Syrian people over all terrorist groups, especially Daesh.” According to Reuters, the crossing is crucial for […]
By John Lee. Dubai-based Careem has reportedly launched its ride-hailing services in Mosul. According to a report from Arabian Business, the company plans to roll out its full suite of services in the future. Careem entered the Iraqi market in January 2018; it was bought by Uber for $3.1 billion in March 2019. More here. […]
By John Lee. Baghdad-based Ummet Al Salam has won a tender for the rehabilitation of internal roads in Al Ramadi (pictured) from United Nations Office for Project Services (UNOPS). The contract is valued at $567,840. (Source: UNGM)
By John Lee. The Deputy Prime Minister for Economic Affairs, Fuad Hussein, accompanied by the Ministers of Transport and Electricity, a number of Governors, Advisors to the Prime Minister and a number of general managers visited the China Railway Company earlier this week. Among the projects discussed were the building of the Karbala-Najaf railway. The […]
