Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
Aswat al-Iraq reports that Japanese auto-maker Nissan will open its biggest service center in the Middle East in May in the city of Erbil. "Iraq started to take positive steps in investment by providing appropriate [conditions]," Ahmad al-Kaswani, general director of Carzone, told the news agency. Carzone is part of the Sardar Group. (Source: Aswat […]
Etihad Airways, the national airline of the United Arab Emirates, this week launched its inaugural flight from Abu Dhabi to Basra in southern Iraq. Flight EY553 took off from Abu Dhabi airport at 9.45am and landed on schedule at Basra International Airport at 10.50am. The new Airbus A320 service, with 16 Pearl Business class seats […]
The Iraqi Oil Tankers Company has extended the deadline for tenders for the purchase or construction of a crude oil tanker to Monday (April 23). The vessel should have a deadweight of at least 6,000 metric tons, and, bizarrely, the tender document states that the year of build should be 2011. According to Bloomberg, the […]
Najaf Airport saw the landing of the first Kuwaiti passenger plane in 22 years on Tuesday, according to AKnews The Jazeera Airways Airbus 320 landed at 6pm carrying the ambassadors of the two countries. The low-fare airline is expected to operate two flights per week between the countries. The flight comes after the Iraqi Prime […]
Iraq will offer contracts for the construction of eight cargo ships over the next four years in an effort to expand its fleet, reports Bloomberg. The government also expects to take delivery of a $14 million cargo vessel in the next two weeks. The vessel, built by the Avic Dingheng Shipbuilding Company of China, is […]
The Director General of the Private Transport Section of the Ministry of Transport, Mr. Abdullah Laibi, outlined the opening of the new $14 million passenger terminal adjacent to Karbala airport. Designed to ease congestion between Najaf and Karbala, the new 2,000 car parking facility integrates accommodation, restaurant facilities making access to the airport for pilgrims […]
Iraq's Transportation Ministry sent a crew of five sailors to China to take delivery of a new $14m (16.3bn IQD) ship for the Iraqi fleet. The Iraqi Naval Transportation Company contracted China's ANT to construct the 7,000-ton ship, which will carry goods from China to Iraq and will "reinforce Iraqi marine trade". This brings to […]
Bloomberg reports that Iraq is attracting the attention of global automakers including General Motors, Ford and Volkswagen. Western cars were shut out of the Iraqi market by sanctions during the Saddam Hussein era, and even today there are many old VW Passats that were shipped to Iraq from Brazil between 1983 and 1990 in exchange […]
The European Commission has imposed fines totalling 169 million euros on 14 freight forwarding companies for conspiring to fix the prices of surcharges. In 2003, soon after the UK introduced electronic declarations for exports, the companies broke the law by conspiring to levy a surcharge for this reporting service, according to the Financial Times. They agreed […]
Turkish Airlines hopes to increase the number of flights between Turkey and Basra from four to seven per week. Farouk Qaimagja, of the Turkish Consulate in Basra, told AKnews: "We are working seriously to reach this number of flights per week. We hope that this will be achieved as soon as possible through the cooperation […]
Iraq’s Minister of Transport Hadi al-Amiri (pictured) talks to NIQASH about Iraq’s role in alleged Iranian weapons smuggling into Syria as well US spy drones over Iraq monitoring Iranian activities. “It’s a lie,” al-Amiri says. Al-Amiri also talks about how a recent visit to Iraq’s neighbour, Kuwait, could see Iraqi Airways flying again. And he […]
Gulftainer, the largest privately owned port operator in the world based in Sharjah, has recently appointed Jay New as its new Commercial Director. Jay will be based in the Sharjah headquarters, overseeing and progressing the company's commercial operations in the region and worldwide. Jay has worked in the ports, shipping and logistics field for over […]
