The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By John Lee. With support from the government of Iraq, the International Trade Centre (ITC), a joint agency of the United Nations (UN) and the World Trade Organization (WTO), organized a two-day trade forum to help Iraqi businesses to identify and develop trade opportunities. The Forum was funded by the European Union (EU). According to […]
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani received representatives from the Chinese company China Railway, which is implementing the development project of Al-Nesoor Square in central Baghdad, as part of the first package of projects aimed at alleviating traffic congestion in the capital. During the meeting, attended by several advisors to the Prime Minister, […]
By John Lee. The Media Office of the Iraqi Prime Minister has confirmed that the Malaysian company HSS Engineers will be the approved consultant to the two newly-announced major projects, the Baghdad Metro and the Najaf-Karbala Express Train. Tenders for the construction of these projects were announced in recent days. More here and here. Full […]
By John Lee. Iraq's National Investment Commission (NIC) has announced a tender for the construction of a metro transport system in Baghdad. The project is being offered on a design, build, operate, maintain, finance, and transfer ownership (DBOMFT) model, and the deadline for receiving Investment bids is Thursday, 11th April, 2024. According to the tender […]
By John Lee. The President of Iraq's National Investment Commission (NIC) has said that two major international investment opportunities -- the Baghdad Metro and the Najaf-Karbala Metro (Phase I) -- will be announced on Monday, 12th February. Dr. Haider Mohammed Makiya said the selection of international executing companies will be done, "through the Iraqi government's […]
By John Lee. Iraqi company Muhaj Baghdad has awarded Italy's Danieli the contract to build a new rolling mill plant for rebar production. The plant will be located in the industrial area of Al-Hilla near Baghdad and will have a capacity of 500,000 tons per year. According to a statement from Danieli, the plant will […]
By John Lee. Under the patronage of Prime Minister Mohammed Shia Al-Sudani, the signing ceremony for the new Ali Al-Wardi Residential City project took place on Wednesday. Iraq's Minister of Housing, along with the director of Egypt's ORA Developers, Mr. Naguib Sawiris, signed the contract. This project is the largest of five new residential city […]
By John Lee. On Saturday, Prime Minister Mr. Mohammed Shiaa Al-Sudani inaugurated the intersection bridge near the College of Fine Arts in the Rusafa district of Baghdad. This bridge is the first among the traffic congestion relief projects launched by him last year in the capital, Baghdad. T According to a statement from the Prime […]
By Aisha Kehoe Down, for the Organized Crime and Corruption Reporting Project (OCCRP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Deploys Special Forces to Baghdad Airport to Increase Security Iraqi authorities have deployed special forces to increase security at Baghdad International Airport […]
By John Lee. Baghdad Municipality has announced the building of six significant bridges in the capital, after completing the first phase of decongestion projects. Director-General of the Projects Department at the Baghdad Municipality, Qadhan Al-Waeli, told the state-run Iraqi News Agency (INA): "The Projects Department contributes on multiple fronts to alleviate congestion, opening new roads, […]
By John Lee. In its first regular session of the year, the Iraqi Cabinet approved a $736,243,600 integrated residential project, to be constructed on parcels 25/12, 23/75, and 23/76 in District 21, Al-Salam, Baghdad. It granted approval for Ahl Al-Wafa Trading and General Contracting to implement the project and obtain the investment license for the […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for the Al-Jawahiri Residential City project in Abu Ghraib, west of Baghdad. The project is one of the five new cities unveiled as part of the government's strategy to tackle the housing crisis and alleviate congestion in major urban centers. According to […]
