Iraqi Minister of Communications Farouk Abdul Kader told Alsumaria TV in an interview that Iraq is about to issue a fourth license for the supply of mobile phones by means of a public/private partnership. This national bid aims at providing a high quality communication service, something which existing commercial mobile phone companies have failed to […]
Tag Archives | Baghdad
The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
Tags: Baghdad, Telecoms/Comms
G4S wins contract to secure Baghdad International Airport
G4S Secure Solutions (Iraq), a leading provider of risk mitigation and secure support services, has been awarded the contract to provide aviation security at Baghdad International Airport (BIAP) by the Iraq Ministry of Transport (MoI). The contract, which is initially for two years, mobilised successfully on 2 January 2010. G4S, which is the world’s leading […]
Conference to Show Designs in Wassit
Local authorities in Wassit Province held on Monday a conference to show engineering designs of the first investment residential compound in Kut city. “The project will cost $41 million,” Majid al-Itabi, the Wassit provincial media director, told Aswat al-Iraq news agency. He said that the compound will be executed by two local companies under U.S.–British […]
Minister of Finance Released 20% of the Investment Budget for Province of Baghdad
The Ministry of Finance said on Saturday, that its minister instructed firing 20% of the investment budget for 2010 for the continuity of work of ongoing projects of the province of Baghdad. The ministry statement said the two sides reviewed "the most prominent projects implemented by the province of Baghdad in 2009 and preservation plans […]
Iraq Says It Can Be Top Global Oil Producer
Iraqi Oil Minister Hussain al-Shahristani yesterday said he expected Iraq to become the world’s top oil producer in six to seven years, and that OPEC should take into account Iraq’s need to rebuild its economy. Emerging from the shadow of war and keen to generate petrodollars to rebuild, Baghdad looks set to lift capacity to […]
$11.640m Service Projects in Arbil
Several service projects will be launched in the town of Badawa, eastern Arbil, including road surfacing and sewage and drinking water networks at a cost of more than $11 million, Arbil Governor Nawzad Hadi said on Saturday. “A local contractor embarked on a project to pave roads about eight kilometers long, an extension of a […]
Tags: Baghdad, Public Works
Rehabilitation of Umm al-Qasr Port Complete
The rehabilitation of Umm al-Qasr port in the city of Basra has been completed, the relations and media director at the Iraqi Ports Company said on Wednesday. “The rehabilitation operations include improving the port’s docks and the maintenance of concrete side of the southern docks,” Anmar al-Safi told Aswat al-Iraq news agency. The Shiite province […]
Power Transformation Station in Basra
A new power transformation station will be established in the city of Basra within 23 months, an official of the local council’s electricity department said on Wednesday. “The new station, which is being built near al-Zubair Bridge, west of Basra, will have a production capacity of 400 KV,” Ziyad Ali Fadel told Aswat al-Iraq news […]
Angola's Sonangol Finalizes Oilfield Deals
Iraq signed final contracts with Angolan state oil company Sonangol on Tuesday to develop the Qayara and Najmah oilfields. Qayara has reserves of some 800 million barrels and Najmah 900 million. Both are in the violent Nineveh province in Iraq's north, where Sunni Islamist insurgents like al Qaeda remain active almost seven years after the […]
New Rural Road in Wassit
The Wassit Gov. Lateef Hamad al-Turfa on Tuesday laid the foundation stone of a new rural road south of Kut city. “The road’s length will be 37.5 km,” Majid al-Itabi, Wassit’s media director, told Aswat al-Iraq news agency. He said that the project will cost ID3.88 billion. “The road will be executed by a local […]
Cornerstone Laid for Southern Kirkuk Road
Kirkuk’s governor laid the cornerstone of a project to pave a road in southern Kirkuk at a total cost of 588 million Iraqi dinars, according to an official source. “The governor Abdulrahman Mustapha laid on Tuesday the cornerstone of a project to pave the road between al-Shirin dam on Lilan road in southern Kirkuk,” the […]
Two Investment Opportunities in Basra
There are two big investment opportunities to construct two major gas-driven power plants in Basra, the Basra Investment Commission said in a release on Monday. “The first plant will have a capacity of 1,250 Mwatt, while the second one will be able to generate 1,350 Mwatts of electricity,” said the release received by Aswat al-Iraq […]