The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
The Iraqi Riyada Network for Access, Development, and Advancement (IRADA Network) was launched recently in Baghdad. It is the creation of a consortium of prominent institutions specializing in business development and entrepreneurship, including the RWANGA Foundation in Iraqi Kurdistan, Qaf Lab in Mosul, and Tafa3ul Hub from Basra. Institutions From Baghdad include Computiq, The Station, […]
By John Lee. In its 41st regular session, chaired by Prime Minister Mohammed Shia Al-Sudani, the Iraqi Cabinet approved the allocation of four new residential city projects to foreign and local companies based on recommendations from the ministerial team established under Cabinet Resolution (23121) of 2023. The projects are as follows: New Al-Juwayriyah [Jawahiri] City […]
By John Lee. The Iraqi Cabinet has endorsed recommendations from a meeting aimed at "unifying security measures" at Baghdad International Airport (BIAP). According to a statement from the Media Office of the Iraqi Prime Minister, the decisions are as follows: The Iraqi Civil Aviation Authority (ICAA) will settle its dues to the Canadian company Biznis […]
By John Lee. The President of Iraq's National Investment Commission (NIC) has launched the Downtown Baghdad project, which will feature Iraq's tallest skyscraper, with 65 floors. Dr. Haider Muhammad Makiya said the project would serve as a modern and contemporary residential complex designed for sustainability. He emphasized that there would be no additional expenses for […]
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 […]
