Iraq Approves Revival of Sulphur Production Lines
By John Lee. Iraq's High Committee for Reconstruction and Investment has decided to refer the project for rehabilitating the sulphur [sulfur] production line at Al-Mishraq to Rafidain Iraq General Trading and Contracting Company. This project is expected to achieve a production capacity of 1.5 million tons of refined sulfur annually, which is a crucial material […]
OPC Completes Rehabilitation of Baiji to Kirkuk Pipeline
By John Lee. Iraq's Oil Pipeline Company announced the completion of rehabilitation works on the 12-kilometer petroleum products pipeline from Baiji to Kirkuk. The General Manager, Ali Abdul Kareem Al-Mousawi, stated that the company's technical and engineering teams successfully rehabilitated the pipeline after it ceased operations in 2014 due to terrorist activities in the region […]
Iraqi Islamic Bank (IIB) joins 'My Account' Initiative
By John Lee. The Kurdistan Regional Government (KRG) has announced that the Iraqi Islamic Bank (IIB) has formally joined the 'My Account' financial inclusion initiative, alongside BBAC, Cihan, NBI and RT. In a statement on Tuesday, the KRG said it expects other major banks to join by the end of the month. It continues: "To […]
Iraq Advances Agri Sector with New Fertiliser Facilities
By John Lee. Prime Minister Mohammed Shia al-Sudani has opened two major new fertiliser production facilities in Basra. The phosphates (DAP) plant was developed by AAA Holding Group, led by CEO Dr. Amet Selman. With a capacity of 500,000 tonnes per year, this extension marks a critical step towards enhancing the support for the Iraqi […]
Jiyad: Federal State Budget Accounts 2023 - Planned vs Realisation
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Federal State Budget Accounts 2023 - Planned vs Realisation The Ministry of Finance (MoF) data regarding results of implementing budget law for 2023 indicates a number of facts; few are good and […]
Tackling Contaminated Sites in Iraq to cost $420m
By A.S. Harinath and Ahmed Ali, for the World Bank. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Conflict Pollution: Lessons from Iraq In Iraq, successive conflicts, including attacks on its oil and industrial assets, have created environmental pollution hotspots. Tackling the contaminated sites […]
US Firm Wins Aviation Maintenance Contract in Iraq
By John Lee. Maryland-based Amentum Services Inc. has been awarded a $8,626,048 modification (P00335) to contract W58RGZ-19-C-0025 for aviation maintenance services. Work will be performed at Fort Liberty, North Carolina; Fort Campbell, Kentucky; and Iraq, with an estimated completion date of Nov. 30, 2024. Amentum was created by the sale of AECOM's Management Services business […]
Malaysian Alliance discusses Infrastructure Projects with Iraqi PM
By John Lee. On Thursday, Prime Minister Mohammed Shia Al-Sudani welcomed Mr. Tan Sri Onn Saifuddin Ismail Bin Shaharuddin, President of the HSS and CHSS Malaysian alliance. Mr. Ismail has undertaken consultancy roles for the Baghdad Metro and the Karbala-Najaf train projects. The meeting was attended by the Malaysian Charge d'Affaires in Iraq, Mr. Muhammad […]
Contract to provide Pumps to UNAMI in Muthanna
By John Lee. Aswar Al-Hadhaba General Trading, Contracting and Transportation has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for, "Supply, Installation and Commissioning of Four Electrical Water Pumps 1 m3/Sec with all Required Accessories in Samawa-Muthanna Governorate." The contract is valued at $464,515.75. (Source: UNGM)
Iraq's Transport Minister visits AD Ports Group
By John Lee. Abu Dhabi's AD Ports Group this week welcomed an Iraqi delegation headed by His Excellency Mr. Razzaq Muhaibas Al-Saadawi, Iraq's Minister of Transport, alongside key figures and leaders in business, investment and development sectors. The focus was on a number of projects pivotal to international transport, logistics services, economic cooperation in the […]
UNAMI Awards Cleaning Contract in Erbil
By John Lee. Belad Al Naser for General Trade and Contracting has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for, "Provision of Cleaning, Laundry and Janitorial Services at UNAMI Erbil Regional Office, Iraq." The contract is valued at $198,854.01. (Source: UNGM)
Launch of the Joint Coordination Forum (JCF) in Basra
Launch of the Joint Coordination Forum (JCF) in Basra: A Collaborative Milestone for Sustainable Development and Climate Resilience in Iraq H.E. Mr. Asaad Al-Aidani, Governor of Basra and Mr. Ghulam Mohammad Isaczai, the Deputy Special Representative of the Secretary-General, Resident Coordinator, and Humanitarian Coordinator (DSRSG/RC/HC) have launched the Joint Coordination Forum (JCF) in Basra. The […]