UN to provide Sports Facilities in Mosul
By John Lee. Baher Alshamal Co. Ltd. has won a contract with the United Nations Secretariat for the "Construction of multi-purpose sports court in Japan Village Project, Rajm Hadeed Neighborhood, Mosul City, Nineveh." Contract value is stated as $70,230. (Source: UNGM)
Foundations Laid for West Qurna 1 Ops Centre
By John Lee. Iraq's Ministry of Oil celebrated the groundbreaking of the West Qurna 1 Field Operations Center (Phase 1) and inaugurated several service projects in Al-Sadiq District, Basra Province. The initiatives were carried out by the Basra Oil Company (BOC) in collaboration with PetroChina, the operator of the West Qurna 1 field. The new […]
Calls to Revive Iraq-Syria Oil Pipeline
By Nadim Kawach, for Arabian Gulf Business Insight (AGBI). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Assad's fall spurs calls to revive Iraq-Syria oil pipeline The overthrow of the former Syrian president, Bashar Al-Assad, has brought calls for the revival of the now-defunct […]
Contract Awarded for New Houses in Fallujah
By John Lee. Al-Fityan Company For General Contracts Ltd has won a contract with the United Nations Office for Project Services (UNOPS) for the "Construction of 36 housing units in Fallujah district Anbar." Contract value is stated as $961,900. (Source: UNGM)
New Housing Complex opens in Baiji
By John Lee. Prime Minister Mohammed S. Al-Sudani inaugurated the City of Refineries Housing Complex in Baiji District, Salah al-Din Province, on Thursday. The complex includes 1,178 residential units that have been rebuilt after being destroyed by ISIS terrorist groups. The Prime Minister said the city has been fully restored with complete services and infrastructure, […]
Contract Awarded for New Houses in Sinjar
By John Lee. Baher Alshamal Co. Ltd. has won a contract with the United Nations Office for Project Services (UNOPS) for the "Construction of 30 housing units in Sinjar (Hardan and Dahoula villages) [Ninewa]." Contract value is stated as $794,313. (Source: UNGM)
Iraqi Marshland Drought: Existence on the Edge of Extinction
By Azhar Al-Ruabie, for The Telegraph. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi marshland drought: Climate change pushes existence to the edge of extinction Storied marshlands thought by some to be the original Garden of Eden could see conflict over water, activists […]
New Oil Projects in Baiji District
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani has inaugurated several oil sector projects in Baiji District, Salah al-Din Province, on Thursday: The fourth and fifth oil refining units at Al-Siniyah Refinery in Salah al-Din Province, each with a capacity of 10,000 barrels per day, increasing the oil refinery's total capacity to 50,000 barrels […]
Is Iraq facing a Cash Crisis?
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is Iraq facing a cash crisis? With two months of expenditures still unaccounted for, it is evident that the dinar reserves derived from oil-based dollar revenues have been exhausted. Click here to read the […]
Al Sadear wins Engineering Contract with UNAMI
By John Lee. Al Sadear National Co. For Contracting Ltd. has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for "Engineering Design and Construction." Contract value is stated as $700,549.54. (Source: UNGM)
Iraq Stock Market closes 2024 Up 45%
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 2nd January 2025). Note: ISX will be closed until January 6, 2025, due to the end-of-year closing operations. The first trading session of 2025 will be on January 7. Please click here to view a table of listed companies and their associated […]
Iraq to create Industrial City dedicated to Small Businesses
By John Lee. The Prime Minister of Iraq has directed the allocation of land for the creation of an industrial city dedicated to small businesses, particularly those supported under Riyada Initiative [Iraqi Riyada Network for Access Development and Advancement, IRADA Network]. Mohammed S. Al-Sudani said that, to date, the initiative has granted loans to around […]