The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
By John Lee. Vehbi Orakçı (pictured), a former mayor of Istanbul’s Beylikdüzü district, has reportedly signed a $600-million deal for a construction project in Baghdad. “The project includes nearly 6,500 buildings, 325 offices, 325 residential apartments and a 60,000 square-meter shopping center. The total cost is $600 million, but the sales volume is expected to […]
By John Lee. The Baghdad Investment Commission has granted investment licenses for a five-star hotel, complete with shopping mall, in the Karrada area of central Baghdad. The Head of the Commission, Shaker al-Zamili [Shaker al-Zamili, Shaker A Shabib] (pictured), said the hotel will be sited in Masbeh Street, and will also include an information center, […]
By John Lee. Baghdad Investment Commission has announced that a Turkish company is interested in building large residential projects in downtown Baghdad. According to AIN, a statement by the Commission said: "The Chairman of the Investment Commission Shaker al-Zamili [Shaker al-Zamili, Shaker A Shabib] (pictured) received a delegation from the Turkish Techno Group Company which […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
Levels of violence rose in Iraq last week. AKE documented more incidents than in any other seven-day period since the March 2010 elections. At least 137 people were killed and 307 injured in nationwide attacks. This is the highest figure recorded in any week since May 2010. Over the course of the week a total […]
Levels of violence rose in Iraq last week. At least 79 people were killed and 207 injured in nationwide incidents, more than double the figure recorded the previous week. A total of 21 non-suicide bomb attacks left 24 people dead and 36 injured. This is a relatively standard figure for the country. However, a suicide […]
The National Investment Commission (NIC) has opened a center for the Bismayah New City project at the Baghdad International Fair. It will receive citizens registered and wishing to register for housing units in the project for the three sizes of housing unit: 100 m², 120 m², and 140 m². NIC Chairman, Dr. Sami Raouf al-Araji […]
Conditions seemed relatively quiet in Iraq for most of last week until a co-ordinated spate of bombings hit the capital on 31 May. Otherwise, the total number of attacks recorded countrywide fell by almost half. At least 31 people were killed and 74 injured in nationwide incidents. Across the country a total of 21 bomb […]
Levels of violence fell slightly in Iraq last month. Over the course of May AKE documented at least 162 separate attacks around Iraq. Incidents left at least 223 civilians and members of the security forces dead. Dozens more injured and the figure does not include militants and terrorists killed in police or army operations or […]
According to a report from Bloomberg, Iraq has signed the contract with South Korea’s Hanwha Engineering & Construction to build 100,000 residential units in Baghdad. Salah Abdul Razzaq, Baghdad’s governor, said more than 30,000 people are registered for the units so far, adding that the project will secure 100,000 jobs. Previous reports put the value […]
Qatar Airways has extended its Middle East footprint to Iraq with Wednesday’s launch of scheduled flights to the northern city of Erbil. Qatar Airways inaugural flight QR 446 from Doha to Erbil arrives in the northern Iraqi city to a traditional water salute welcome today. The Doha-based airline is operating four-flights-a-week non-stop on the route […]
Levels of violence fell slightly in Iraq last week. At least 27 people were killed and 73 injured in nationwide incidents. A total of 19 non-suicide bomb attacks left 16 people dead and 55 injured. This constitutes a lower than normal figure for the country, although the decline is likely to be temporary. Two further […]
