Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. During a visit to Basra, the Iranian Transport Minister, Abbas Akhwandi, has signed a Memorandum of Understanding (MoU) with the Governor of Basra, Majid al-Nasrawi, to lift sunken ships in the Shaat al-Arab waterway. According to a report from AIN, the two also laid the corner stone for a railway project linking […]
By John Lee. A new privately-owned Iraqi airline carrier is expected to start international flights by July. Deputy Transport Minister Bangen Rekani told Bloomberg that FlyBaghdad, owned by Iraqi investors, will operate two Airbus Group NV A320 narrow-body planes and a Bombardier Inc. CRJ-200 regional jet. Start-up costs of are estimated at $25 million to $30 […]
By John Lee. Iraq's Transport Minister has said that companies from the UAE, Iran, Turkey and China have offered to invest $7.4 billion dollars (8.6 trillion Iraqi dinars) for the development of the Grand Faw (Grand Fao) port project. Baqir Al Zubeidi told al-Forat news agency that the investment would cover the construction of quays […]
By John Lee. Fund has reportedly been agreed for the new Imam Hussein Airport in Karbala. Emirates 24|7 cites local sources as saying that international firms will soon be invited to bid for the project. Land has already been allocated for the project, which Zuhair Abu Dakkah, a member of Karbala’s governing council, described as […]
By John Lee. Iraq has reportedly invited global investors to bid for its multi-billion-dollar Grand Faw port project. The Ministry of Transport put the project’s total cost at around $6.5 billion (7.6 trillion Iraqi dinars), adding that only "serious and financially able" companies can bid. The port has a planned capacity of around 99 million […]
Airways Aviation is opening its latest Aviation Theory School in Baghdad later this month, paving the way for aspiring Iraqi pilots to launch their flying careers. The new Iraqi school, equipped with modern teaching facilities including a flight simulator, is located in the education precinct close to the University of Baghdad and will offer several […]
By John Lee. Germania has suspended air services to Erbil, which has come under increasing threat from Islamic State (IS, ISIS, ISIL) terrorists. Germany's Federal Ministry for Transport (Bundesministerium für Verkehr und digitale Infrastruktur - BMVI) has prohibited all flights by German airlines to Erbil until 30th March 2015 (inclusive). Lufthansa, Austrian Airlines, Emirates, Etihad […]
By John Lee. Three Iraqi civilians were reportedly killed on Wednesday when a booby-trapped truck exploded near the Kuwaiti border in Iraq. The Kuwaiti news agency KUNA quoted a local Iraqi official as saying that the explosion happened at a garage near the main road about 12 km (7.5 miles) north of the Safwan border […]
By John Lee. Representatives of Jordan and Iraq met on Saturday to discuss procedures to facilitate the transport of goods by truck through the Al Karamah / Traibil [Turaybeel, Tirbil, Tarbiel, Trebil] border post (pictured). The Secretary-General of Jordan's Interior Ministry, Governor Samir Mubaidin, and the Iraqi Director General of Border Crossings, Maj. Gen. Essam […]
Kurdistan Regional Government Deputy Prime Minister, Qubad Talabani, chaired a meeting to discuss and assess the state of airports and flights in the Kurdistan Region. The meeting was attended by KRG Ministers of Interior, Natural Resources, Planning, Transportation and the Head of the Department of Foreign Relations and the Government Spokesperson along with the Governor […]
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. On Feb. 18, the bodyguards of national security adviser Faleh al-Fayad beat up a group of journalists and media workers in the Al-Nahrain Center for Strategic Studies when they refused to leave the conference Fayad […]
By John Lee. Iraqi Airways will commence its Baghdad-Yerevan-Erbil flights today, Thursday 26th February. Flights to Armenia will run twice a week on Thursdays and Sundays, using CRJ900 and Boeing 737 aircraft. (Source: PanARMENIAN.Net)
