Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
The leaders of the Gulf Cooperation Council said they support Kuwait in its dispute with Baghdad over the construction of the Mubarak port. The leaders declared at the conclusion of their regular summit in Riyadh that Mubarak port will ve established on Kuwaiti land and within its territorial waters as per the borders drawn by […]
Flydubai has added two additional Iraqi destinations to its network with flights to Baghdad and Najaf due to start in the New Year. The new routes bring flydubai's network to 48 destinations across 27 countries in the Gulf, Middle East, Africa, Indian Sub-Continent, Asia and the fringes of Europe. Flydubai launched services to Iraq in […]
Etihad Airways, the national airline of the United Arab Emirates, has agreed to increase its stake in airberlin, Europe’s sixth largest airline, to 29.21 per cent, becoming airberlin’s largest single shareholder. The strategic move, announced today in Berlin by Etihad Airways Chief Executive Officer James Hogan and airberlin CEO Hartmut Mehdorn, connects the airlines’ extensive […]
Diyala Province is reportedly planning to build a civilian airport in the Mansuriya district, 30 km east of the provincial capital of Baquba. Mujawal al-Tayee, head of Diyala Council's Investment Board, said his board is engaged in negotiations with an un-named American company for the construction of the airport . AKnews reports that an executive from […]
Able Logistics Group, a UAE based logistics & transport company, has secured a prized deal with the National Transport Company, an entity of the Iraqi Ministry of Transport, for the co-management of land transport operations to and from Iraq. Abdul Karim Al Zuhairi, the official spokesperson for the Ministry stated to Al Hayat NewsPaper on […]
More than 100 airport and government dignitaries, customers and suppliers joined dnata’s senior management last night for a gala dinner in Erbil to celebrate the re-launch of the dnata brand in Iraq. Since its launch in March 2010, dnata’s operation at Erbil International Airport has expanded steadily, providing comprehensive ground handling and cargo services to […]
The revenues of the Iraqi Republic Railways Company were 24.5 percent higher in October than in September, according to AKnews. The Transport Ministry announced that the IRR's revenues reached 1.6 billion IQD ($1.3 million USD) in October, compared to 1.3 billion IQD ($1.1 million USD) the previous month. Only 9.6 percent (153 million IQD/$128,300 USD) […]
Turkey said it could use Iraq as an alternative trade route, cutting out Syria entirely as Damascus faces broad economic sanctions over its deadly crackdown on its 8-month-old uprising. Syria has been a main transit route for Middle East trade, which Damascus hopes will help cushion the effects of tough new sanctions from the Arab […]
Najaf's government has allocated 15 billion IQD ($13 million USD) to develop Najaf International Airport, according to AKnews. The governor of Najaf, Adnan al-Zarafi told AKnews that the development plans will include updating equipment, expanding the apron and improving mechanisms for dealing with more traffic. A new committee has been formed by the Council to […]
Reuters reports that the United Arab Shipping Company (UASC), which is jointly owned by a group of Gulf Arab states and Iraq, has picked banks for investor meetings in advance of a possible bond issue. Deutsche Bank, Mitsubishi UFJ and UBS will arrange meetings for the company. Roadshows will begin in Singapore on Thursday, and […]
Emirates Airlines touched down in Baghdad on Sunday, marking its first flight to the capital city of Iraq. Amongst the passengers onboard the inaugural was Ahmed Khoory, Emirates’ Senior Vice President Commercial Operations, Gulf, Middle East and Iran with his special guests Sheikh Jumaa Al Maktoum, Chairman SJM Group of Companies, Salah Al Ansari, Director […]
Iraq's transport minister, Hadi al-Amiri, said in an interview with Al Sumaria News that his ministry "has contracted with Boeing to buy 45 aircraft." The planes are to be delivered between 2013 and 2020. (Source: Al Sumaria News)
