The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By John Lee. US bakery and café chain Cinnabon has reportedly entered the Iraqi market. According to World Coffee Portal, the Focus Brands-owned operator has opened a store in Baghdad's Al Jadiriyah neighbourhood. Founded in Seattle in 1985, Cinnabon currently operates more than 1,600 franchise locations worldwide, primarily in high-traffic venues such as shopping malls, […]
By John Lee. The Director General of the Iraq Railways Company, Eng. Yunus Khaled Jawad, held a meeting with representatives of Alstom and Hyundai this week at the company's headquarters. The purpose of the meeting was to discuss the plan for the implementation of the Baghdad Elevated Train (BET) project, also known as "Baghdad monorail". […]
By John Lee. A new road map has been put in place for the continuation of work on the the giant Bismayah New City project on the outskirts of Baghdad. According to a statement from the National Investment Commission (NIC), South Korean company Hanwha is expected to sign a revised contract in the coming weeks, […]
New Iraqi brand Makers of Baghdad has been launched at Makers' premises in Baghdad. Makers (formerly IoT Maker) is an innovation hub that provides technical qualifications, and job acceleration programs for the youth to create job opportunities in the field of Information technology, and encourage them to develop their startups. The methods used vary from […]
By Jane Arraf and Yasmine Mosimann, for the New York Times. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Loses Green Space to Real Estate Boom The problem is driving up temperatures in what is already one of the hottest cities in the […]
The PepsiCo Foundation and Iraqi Children Foundation Announce Hope Bus Partnership for Education, Nutrition In celebration of the International Day of Education, the PepsiCo Foundation and Iraqi Children Foundation announced a new "Hope Bus" education partnership for at-risk orphans and children living in poverty in Baghdad. The Hope Bus initiative provides vulnerable children in one […]
By John Lee. Prime Minister Muhammad Shia Al-Sudani has ordered that the Baghdad Green Zone be opened to the public to ease traffic in the city. The heavily fortified area houses embassies and Iraqi government buildings. Security forces have removed major checkpoints leading to the zone to allow citizens to enter. The zone will be […]
By John Lee. Turkish company Elkon has said it has completed the installation of three concrete batching plants in Iraq. The installations are located in Baghdad, Diwaniya and Kut: Baghdad: Elkomix-135 Quick Master Compact Concrete Plant commissioned in Baghdad produces 3.33 m³ of vibrated concrete in each cycle with the ELKON twinshaft mixer with a […]
IRAQ IS ABOUT TO OPEN ITS FIRST 5-7 STARS HOTEL IN 40+ YEARS It can be said that one of the most important reasons for the reluctance of the process of economic and social development in Iraq over the past decades is the weakness or absence of investment in both the public and private sectors. […]
By John Lee. Virginia-based security firm SOC LLC has failed in its attempt to challenge the awarding of a $1.2-billion contract for security services at the US embassy in Baghdad to rival GardaWorld. According to a decision from the US's Government Accountability Office (GAO), four proposals were received for the work, and the Department of […]
By John Lee. Wolf Gyms and Al Burhan Group (ABG) have announced a joint venture to operate a 600-sq-meter, state-of-the-art gym and fitness facility at Baghdad International Airport (BIAP), which is open for members. The fitness center's soft opening is on the 14th October, with a full opening a month after. Wolf Gyms, which currently […]
By John Lee. Sardar Trading Agencies, the official distributor of Jaguar Land Rover in Iraq, has opened a new $12-million Jaguar Land Rover facility in Baghdad's Al Mansour district. According to a report from Iraq Britain Business Council (IBBC), the facility is a one-stop shop built on 6,000m² of land with a total build area […]
