The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
Further building on its partnerships to support Iraq’s power sector, GE (NYSE: GE) has received an order from Mass Global Investment Company to provide advanced gas turbines for a new 3-gigawatt (GW) power plant in Bismayah, only 30 kilometers away from Baghdad within a massive housing development project. The Bismayah plant will support Baghdad and […]
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Since the fall of Saddam Hussein's regime following the US-led invasion of Iraq in 2003, there have been hundreds of failed and delayed construction and development projects in the country. A few months after […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Profits from Protest: Street Vendors Flock To Baghdad For Demonstrators' Business The regular popular demonstrations being held in Baghdad every Friday are not just good for the country's democracy, they're […]
Security Message to U.S. Citizens The Iraqi government has announced that beginning October 1, 2015, passenger cars will be allowed to transit the International Zone (IZ) in Baghdad from north to south via the 14 July Expressway and a new entry control point will be put in place at the northern end of this expressway. […]
The UN refugee agency, its partners and local authorities have opened two new camps for internally displaced persons (IDPs) in Baghdad province, providing shelter to close to 3,500 Iraqis who have had to flee Anbar province due to recent fighting. Sadr Al Yusufiya camp (pictured) opened on Tuesday (September 22), six kilometres from Bzeibiz bridge, […]
By Robert Tollast. Attending a great live music event is something many of us will share on Facebook-- well that's if you're the type who loves social media. Some go further and spend the entire concert trying to film it on their phone or live tweeting and talking loudly...but enough about those people. When the […]
By Robert Tollast. At least 23 people have been killed and 60 wounded in two separate suicide vest attacks in Baghdad, the BBC reports. The attacks took place in the early morning rush hour traffic and targeted checkpoints, normally an attempt to cause casualties in the backlog of traffic. Alternatively it could be a sign that there […]
By Simon Kent. The chairman of the Baghdad Provincial Investment Commission, Shaker al-Zamli, has committed to protecting Turkish commercial interests in Iraq following the ongoing Turkish hostage crisis. Early this month, 17 Turks and a Kurdish man were taken captive by a hitherto unheard of fringe Shi'a group. Two have subsequently been released, and the act has […]
By Simon Kent. The Turkish government has confirmed that two hostages have been released by the group calling themselves the "Death Division," who kidnapped the workers in Baghdad early this month, along with 16 other hostages. The two men were said to be in good condition, confirmed by both Turkish and Iraqi authorities, who also […]
By Simon Kent. Shi'a cleric Moqtada al Sadr has again challenged the media image of himself as a radical "firebrand" by demanding the release of the 17 Turkish construction workers kidnapped in early September. The cleric has long had a reputation for violent anti government, anti-western and sectarian politics, after running the militias the Jaish […]
By Robert Tollast. A militia group calling itself "Firqat al Mawt" or "Death Division" has released a video (still shown above) of 18 Turkish construction workers who were kidnapped from their living quarters near Sadr City. The men were in Iraq working on the construction of a football stadium, in an area with high unemployment and […]
By Simon Kent. Two days after the beginning of Iraq's entry into the Eurobond market, in which the country hopes to raise up to $6 billion, Iraq has announced it is seeking a $500 million loan from the Jeddah based Islamic Development Bank (IDB.) However, according to a source in the Iraqi govt. the sum […]
