Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
Iraq's Ministry for Transport has complained that the $60 million (7o billion Iraqi dinars) that were allocated in the 2012 budget for the development and rehabilitation of the Iraqi Republic Railways Company (IRR) are not enough. "The Ministry of Transport tries to attract investment companies in order to finance its railway projects," Ministry spokesman Jawad […]
Iraqi Foreign Minister Hoshyar Zebari denied allegations that he or his ministry had been bribed by Kuwait in order to settle the dispute over Kuwait's new Mubarak Port, according to a report from AKnews. Although Zebari stated that these allegations would not deserve a response, he labeled the allegations as "fabricated" and "defamatory". "The Ministry […]
The Mayor of Baghdad, Sabir al-Issawi, met representatives of the French company Sistra [Systra] to discuss the studies and designs for the Baghdad Metro Project, a Mayoralty statement reported on Wednesday, according to Aswat al-Iraq. “The Mayoralty’s Designs Department had prepared over the past few months the detailed dossiers about the transportation problems in Baghdad, […]
Emirates has announced the appointment of a new Country Manager in Iraq to support the airline’s growth within the country. Haitham Al Battawy, a UAE National, will take on the role from 2nd October and will be stationed in Baghdad. He will be responsible for overseeing Emirates’ operations within the country, building revenue and expanding […]
Iraq’s extensive rebuilding requirements could make it “the next Saudi Arabia” for contractors and suppliers, according to an executive at MAN Trucks. Construction Weekly reports that Dave van Graan, vice president of sales at the German heavy vehicle giant, said the gradual pick up in demand for machinery to help develop Iraq has already given […]
Jordan and Iraq agreed on Saturday to ease regulations at Iraqi border posts to facilitate the transport of goods, according to a report from Petra. A joint committee tasked with easing transport and trade also emphasised the importance of a rail link between the two neighbours and to carry out a memo of understanding signed […]
Minister Ali al-Dabbagh, Iraqi Government Spokesman, was interviewed by Padraig O'Hannelly for Iraq Business News at last week's Iraq Mining 2011 conference in London. In this first part of the interview, Dr al-Dabbagh discusses the controversial Mubarak port: Iraq Business News: Firstly, Dr Ali al-Dabbagh, thank you for agreeing to speak to us. I'd like […]
According to a report from Associated Press, Iraq's Foreign Minister Hoshyar Zebari (pictured) says that a dispute over a planned Kuwaiti port has been resolved, and that the facility will not disrupt Iraqi shipping in the Persian Gulf. The minister said that a technical review showed that the Mubarak port on Boubiyan Island "won't affect our […]
According to lawmakers, the border area between Kuwait and Iraq should no longer be disputed territory. However Iraqi locals see it differently and accuse Kuwait of blocking their waterways, stealing their oil and teaching their children untruths about the area, according to this report from Niqash. As dusk falls along the southern borders that Iraq […]
Three rockets were fired in the area of the Iraq-Kuwait border on Friday. Reuters quotes an Iraqi official as saying that they landed inside Iraq and were not aimed at Kuwait or the disputed Mubarak port. "The rockets targeted the (former) Bucca prison building, which is used by foreign companies," Ali al-Maliki, head of the Basra […]
An Amman-based freight company has won a tender to transport 30,000 metric tons of fuel oil per month from Iraq to Jordan, the nation’s official news agency Petra said. Bloomberg reports that the company is called 'Mahmoud Al Zoubi for Transport', and that it will charge 37.3 Jordanian dinars ($52.65) per ton, which was the […]
The Ministry of Construction and Housing is to build a highway linking Baghdad with Turkey, according to a report from Azzaman. The 508 km road is to be financed by the International Monetary Fund (IMF). “This project is a challenge to the ministry since it assumes great economic significance for the country,” the ministry quoted […]
