Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
By John Lee. Iraq’s Cabinet has agreed to allocate $500 million to resolve the long-running dispute with Kuwait over the debts of Iraqi Airways, according to Bloomberg. The Cabinet asked parliament to approve the allocation of $300 million from the 2012 budget and another $200 million in 2013, , State Minister Ali al-Dabbagh said on […]
Truck maker Scania has acquired a majority stake in its Iraqi distribution company. Through this investment, Scania is building further on its strong brand in Iraq. In the early 1980s, Iraq was one of Scania’s largest markets. Since 1961, 35,000 vehicles have been delivered. Combined with significant imports of used vehicles in recent years, approximately […]
By John Lee. The U.S. Embassy in Baghdad and the Iraqi Republic Railroad (IRR) celebrated the launch of Iraq’s new Computer-Based Train Control (CBTC) and Digital Microwave Radio Communications Network (DMRCN) during a handover ceremony on July 18. The project was sponsored by the U.S. Embassy, through the U.S. Department of Transportation, in coordination with […]
By John Lee. Japanese car giant Toyota says it wants to open a sales center in Basra province, and Basra Investment Commission (BIC) has offered to help facilitate the project, according to a report from AIN. Saleh Rauf, the Executive Director of Toyota, said: "The Company has an earnest and ambitious plan to start this […]
By John Lee. KRG Prime Minister Nechirvan Barzani this week announced that the foundation stone for Duhok International Airport will be laid within two months. The future airport will further strengthen tourism and trade links in Duhok, which is one of Iraq's most prosperous governorates. The premier’s news came in a statement also unveiling broader […]
By John Lee. The Kuwaiti government has announced the cancellation of the fourth stage of the Mubarak Port, reports AKnews, due to harm to Iraqi navigation. Iraq’s Ministry of Transport called it an important step, but it does not eliminate the damage to Iraqi navigation. An adviser to the ministry, Karim al-Nouri, said: "We consider […]
The Kurdistan Region's Prime Minister, Nechirvan Barzani (pictured), has announced that the foundation stone for the new Duhok Airport will be laid within two months. AKnews reports that he said that his government will soon begin building hospitals in the city, town and districts of Duhok. The news comes after Barzani's meeting with Duhok governor […]
flydubai, Dubai’s innovative low-cost airline, has added another Iraqi destination to its network, with four-times weekly flights to Basra scheduled to begin on 8 August 2012. Basra joins the capital, Baghdad, plus Najaf, Sulaimaniyah, and Erbil, swelling flydubai’s Iraqi route map to five points, one of the most comprehensive networks to Iraq in the region. […]
In yet another major order for Mercedes-Benz Trucks, Iraq’s State Company for Automotive Industry (SCAI) recently purchased 250 trucks to assist in reconstruction efforts in the country. The last of the ordered vehicles were delivered to SCAI just a few days ago. “We’re very pleased to help with the reconstruction of Iraq by supplying 250 […]
Flights between Iraq and Malaysia have resumed after a gap of 25 years, with the opening of a new scheduled air service on Saturday. Alsumaria News reports that Iraqi Airways will operate a weekly return service between Baghdad International Airport and the Malaysian capital, Kuala Lumpur. Iraq's Ministry of Transport said that "Iraqi Airways plans to open […]
Emirates, one of the world's fastest growing airlines, will launch a new passenger destination in Iraq this August with the commencement of flights to Erbil, its third Iraqi destination after Basra and Baghdad. Starting from 12th August 2012, the capital of Iraqi Kurdistan will be the carrier's 17th passenger destination in the Middle East. The […]
Qatar Airways has in the span of just two weeks expanded passenger services to Iraq with the launch of its second destination in the country – to the capital Baghdad. The Doha-based airline is operating four-flights-a-week non-stop on the Baghdad route. Located on the banks of the Tigris River, Iraq’s capital is one of the […]
