Archive | Iraq Transportation News

Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.

NIC Announces 157 Major Strategic Projects in Iraq

By John Lee. Iraq's National Investment Commission (NIC) has just announced the list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February. The 157 large- and medium-sized projects span all sectors of the Iraqi economy, including oil and gas, […]

Iran-Kurdistan Border Crossings Reopen

Iran’s two border crossings with Iraqi Kurdistan region have resumed their operations following an announcement by the Supreme National Security Council (SNSC), the director general of the Interior Ministry’s border affairs department said. Shahriar Heidari said that according to the interior minister, the Parviz Khan border crossing in Iran's Kermanshah province and the Haj Omran […]

Iraqi Airspace Flight Restrictions Relaxed

By John Lee. The United States Federal Aviation Administration (FAA) has reduced its flight restrictions in Iraqi airspace, though some restrictions will remain in place. It had previously prohibited all US civilian flight operations over the country due to risks relating to the armed conflict with the Islamic State group. Rudaw quotes a statement from […]

Alstom to Develop Rail Projects in Baghdad, Basra

French company Alstom has signed a Memorandum of Understanding (MoU) with Iraqi government for the development of urban transport in Baghdad and Basra. The MoU was signed during the Franco-Iraqi government authorities meeting, in the presence of Dr.Sami Al Araji, Head of National Investment Commission (NIC) of Iraq and Jean-Baptiste Lemoyne, French Secretary of State. […]

Fly Baghdad plans European flights, IPO

By John Lee. Fly Baghdad's Chief Executive Ali al-Hamdany has told Reuters that the budget airline plans to start flights to Europe and India next year, and is planning a stock market listing in 2020. It will also start flights to Ankara and Beirut in the coming weeks. It currently operates two Boeing 149-seat 737-700 jets […]

New Helipad at Al-Rasheed Hotel

By John Lee. Al-Burhan Airways has opened a new helipad at Al-Rasheed Hotel in Baghdad. A spokesman for the company told Iraq Business News that it's planning to use the new facility to serve the sponsors of Frontier Exchange's Iraq Banking & Investment Summit, being held on 2nd and 3rd of December, by providing a […]

Iraq Britain Business Council welcomes 3 New Members

By John Lee. The Iraq Britain Business Council (IBBC) has welcomed three new members, bringing its membership to 59 companies. Menzies Aviation: An independent, time-critical logistics specialist serving the airline industry to the highest standards. At more than 200 airport locations across 6 continents, Menzies offer landside and airside services tailored to customers’ needs; timed […]

Iran Resolved to Establish Railroad Link with Iraq

The Iranian president’s chief of staff voiced the administration’s determination to construct a railroad linking Iran to the Iraqi city of Basra, saying the project would give a major boost to the transportation industry in the region. Speaking to reporters in the southwestern city of Khorramshahr on Friday, Mahmoud Vaezi said various related bodies, including […]

Int'l Flight Ban Causing Million-a-Day Losses for Kurdistan

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi government has banned international flights from landing in Kurdistan. Locals say it's causing major financial trauma and is unfair collective punishment. No one knows when the ban will […]