The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Construction Activity and Stability The market, as measured by the Rabee Securities RSISX USD Index was up 4.4% in June, and up 30.4% for the year. The […]
By Louisa Loveluck and Mustafa Salim, for The Washington Post. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A building boom fueled by corruption is changing the face of Baghdad Twenty years after an American-led invasion plunged Iraq into conflict, a real estate […]
By John Lee. The Iraqi Minister of Electricity, Ziyad Ali Fadel, has attended the ceremony to mark the start of work on the electrical interconnector between Iraq and Saudi Arabia. The 1GW line will connect between the Saudi city of Arar and Yusufiya in western Baghdad. GCC Interconnection Authority (GCCIA) hosted the event in Dammam, […]
By John Lee. The Saudi ambassador to Baghdad, Abdulaziz Al-Shammari (pictured), has revealed the signing of a contract between Saudi Arabia and Iraq for a significant investment project near Baghdad International Airport (BIAP). In a statement to the state-run Iraqi News Agency (INA), Al-Shammari said the contract involves an investment of up to one billion […]
By John Lee. Malaysia's Pestech International, through its joint venture with China Energy Engineering Group Tianjin Electric Power Construction Co Ltd (TEPC), has won a contract is for the completion of the Electricity Sector Reconstruction Project Phase (III), Lot 1-Construction, comprising of four 132-kilovolt Gas Insulated Switchgear (GIS) substations in Baghdad. The contract value is […]
By John Lee. The President of Iraq, Abdullatif Jamal Rashid met with Paris's Mayor, Anne Hidalgo alongside her delegation, at Al-Salam Palace in Baghdad. The French Ambassador to Iraq, Mr. Eric Chevalier attended the meeting. Iraq had experienced complex circumstances for a long time, wars and violence and the country's resources have been harnessed to […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has supervised the launch of two new projects aimed at relieving traffic congestion in Baghdad. The first project involves the construction of two overpass bridges at the intersection of Aden and Sana'a squares on the Karkh side of Baghdad. The second project includes the construction of two […]
IATA awards Al-Burhan Group first ever Regional Training Provider (RTP) license in Iraq Al-Burhan Group are pleased to announce its partnership with IATA in forming a Regional Training Provider (RTP) Centre in Baghdad, Iraq. The first of its kind ever in Iraq. We hope that this unique and leading facility will guide multiple organizations and […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has invited several companies to develop Al-Nisour Square in Baghdad by constructing overpasses, tunnels, and an overpass over the railway towards Umm Al-Tabbul Mosque intersection, and widening the roads adjacent to the project path. The companies are: Transtech Engineers China Railway Sixth Group Co Ltd., China State […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq rolls out new plan to reduce chronic Baghdad traffic Successive Iraqi governments have tried but failed to address the problem of traffic in the capital. Sudani's plan involves […]
By John Lee. Prime Minister Mohammed S. Al-Sudani has launched the first package of service projects to reduce traffic jams in the capital Baghdad which is the first of its kind. This launch came during his visit to the Ministry of Construction Housing Municipalities and Public Works. His Excellency stressed that these projects are part […]
By John Lee. The Prime Minister of Iraq has stopped the granting of investment licenses for the Al Rafeel [Rafael] City project until inventory, inspection, survey, and land identification actions are completed. Al Rafeel City is planned to cover 10,600 acres close to Baghdad International Airport (BIAP). The Chairman of Iraq's National Investment Commission (NIC), […]
