Iraq Business News brings you the latest Iraq transportation news relating to developments and opportunities.
The German company Bertling met the chairman of the Basra Investment Commission to discuss their plan to establish an project providing logistical support for oil and gas companies in Basra. A director of the company, Ali Majed Sabah, said ,"the conference that was held in Kuwait Chamber of Commerce recently and our follow up at […]
CT Group Travel in conjunction with UK Trade & Investment and The Middle East Association launch a trade mission to Kurdistan. Iraq is poised to be one of the world's leading emerging markets, driven by oil revenues and economic development across the board. Part of the government's five year development plan is to attract over […]
Iraq has approved an ambitious $37-billion [45 trillion Iraqi dinar] programme to upgrade Iraq's collapsing infrastructure, which has fallen victim to three decades of war and sanctions, government spokesman Ali al-Dabbagh (pictured) said on Tuesday. AFP reports that the cabinet's plans, which must now be approved by parliament, are the latest in efforts by the […]
The Iraqi Transport Ministry announced on Tuesday that it has reached agreement with Turkey to import modern train carriages costing about $9 million [11 billion Iraqi dinars]. The carriages currently used by Iraqi Railways to transport goods and passengers are old and unable to meet the requirements of commercial transport with the regional countries, according […]
Exporters looking to serve the Iraqi oil and gas industry might be interested in the guaranteed twice-weekly express road trailer services between Western Europe and Iraq recently launched by independent freight forwarder F.S. Mackenzie. F.S. Mackenzie says that the service, which caters for express groupage and part-loads, has been launched in response to increased business […]
The Iraqi Railway Company [Iraqi National Rail Company] has announced that its revenues for March totalled $1.4 million [1.7 billion Iraqi dinars], according to a report from AKnews. The company’s assistant general manager, Salam Jaber Salloum, told the agency that proceeds from the transfer of freight reached $310,000 with the remaining revenues coming from the […]
Several Kurdistan Regional Government ministers joined Turkey’s Minister of Finance Mehmet Şimşek and other officials at a ceremony to celebrate Turkish Airlines’ first flight into Erbil International Airport today. Turkish Airlines’ first flight from Istanbul to the Kurdistan Region’s capital of Erbil arrived at 11.40 this morning, carrying more than 40 businessmen who were the […]
The General Company for Trade and Commercial Services opened a car show at the Baghdad International Fair in the presence of the Trade Ministers, Khairallah Hassan and the Labor and Social Affairs minister, Nassar al-Rubaie. According to AKnews, the Director of the General Company for Trade and Commercial Services , Sadiq Hussain Sultan, said in […]
The media and relation officer for Dohuk Municipality said 771 families in the province will be paid for giving up their lands for Dohuk International Airport. Ismael Mustafa told AKnews the families in Semele district, who have been living in the area for the past 15 years, each will be paid 22 million Iraqi Dinars […]
According to a report from The National, lawyers for Kuwait Airways have vowed to seize international assets owned by the Iraqi government following a recent court ruling in its long-running dispute with Iraqi Airways. A UK court ruling has granted Kuwait Airways the right to file proceedings against the Iraqi government and ministries of transport […]
Prime Minister Recep Tayyip Erdoğan in a historic visit today became the first Turkish premier to visit the Kurdistan Region. Together with President Masoud Barzani, they officially opened Erbil International Airport (EIA) and Turkey’s Consulate in Erbil. After welcoming Prime Minister Erdoğan and the rest of the distinguished guests, President Barzani said that he was […]
The general manager of the Iraqi ports company said on Wednesday that the company had completed a $5 million [6 billion Iraqi dinar] contract with a Danish firm to set up watchtowers in all ports to monitor the works and prevent irregularities. Salah Khudair Abboud told AKnews that the technical staff of the Communications Engineering […]
