By John Lee. Two major infrastructure projects have been cancelled by Prime Minister Ali al-Zaidi, according to the state-run Iraqi News Agency (INA). Al-Zaidi has ordered the cancellation of a railway project approved by the previous government, as well as the cancellation of a development project at Baghdad International Airport, which is said to have […]
By John Lee. An Iraqi-Emirati consortium is reportedly planning a $700 million subsea and terrestrial data cable linking the United Arab Emirates to Turkey via Iraq. Branded WorldLink, the project comprises Tech 964 (T964), headed by Ali Elakabi [ALMCO, Amwaj International], Iraq-based DIL Technologies and UAE-based Breeze Investments. Click here to read the full article […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Wednesday oversaw the signing ceremony for awarding the redevelopment and expansion project of Baghdad International Airport (BIAP) to the winning consortium, CAAP, led by Corporación América Airports (Luxembourg, Argentina) in partnership with Iraq's Amwaj International. The International Finance Corporation (IFC) of the World Bank Group served […]
By John Lee. The Iraqi Cabinet has approved a major project to rehabilitate, develop, and operate Baghdad International Airport through a partnership with a global private-sector operator. The initiative aims to raise the airport's standards to meet international aviation safety and security requirements, attract international airlines, and restore Iraq's reputation in the global air transport […]
By John Lee. The Iraqi Ministry of Transport has received bids from several international companies to develop Baghdad International Airport (BIAP). According to Bassem Waheed, Acting Director General of the Contracts and Licensing Department, the Ministry's evaluation committee will select the best offer to ensure high-quality development services for the airport. Three consortia submitted proposals: […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani opened the "Iraq Gate" residential project on Tuesday evening in Baghdad. The project has been developed by Amwaj International, which is headed by Namir El Akabi. In his speech at the event, he emphasized the importance of the private sector's involvement in solving the housing problem, […]
CNN reports that work will soon begin on one of the biggest real-estate projects in post-Saddam Hussein Iraq, which some say is a sign things are looking up for the country's economy. Iraqi-Jordanian real estate company Amwaj International is behind the ambitious Baghdad development, called Baghdad Gates. The scheme will cost $238 million and will […]
