Baghdad Investment Commission opened on Monday a new project in the capital, with a total cost of $21 million. “The project is a modern shopping center that was executed by a local company,” the commission said in a release received by Aswat al-Iraq news agency. It said that the center is located at the al-Daura […]
Tag Archives | Baghdad
The latest news from Baghdad – security updates, business, construction projects and more – brought to you by Iraq Business News
Tags: Baghdad, Investment
Basra-Istanbul Airway to Open Soon
The Basra-Istanbul airway will be opened early next month, the deputy head of Basra’s investment commission said on Monday. “Flights will be available between Basra Airport and Turkey,” Jalal Tema al-Nouri told Aswat al-Iraq news agency. The step comes following talks with the commercial attaché in the Turkish embassy, Saeed Faeq, Nouri explained. The Shiite […]
Soran Spends ID82b, Still Needs ID70b More to Solve Problems – Mayor
The year 2009 was one of development and infrastructure projects worth 82 billion Iraqi dinars ($69.5 million) in Soran from Arbil’s Provincial Development Budget (PDB) but the district would need 70 billion dinars more to solve all problems, according to Mayor Kermanj Ezzat on Sunday. “The sum was spent over projects that focused on the […]
Singaporean Company Considers Investment in Basra
A delegation comprised of representatives of a Singaporean company has discussed with Basra’s governor the establishment of a luxury hotel in the city. “The governor of Basra, Shaltagh Abboud al-Mayyah, has welcomed the project and offered to provide all facilities…,” a local media source told Aswat al-Iraq news agency. The five-star hotel will be built […]
D7bn to Renovate Joman Streets- Official
A project to renovate the streets of Joman district will require 7 billion Iraqi dinars (nearly $6 million U.S. dollars), the director of the local municipality said on Saturday. “Two local companies have begun work on two projects to renovate the streets and neighborhoods of Joman district at a total cost of ID803 billion,” Farman […]
2 U.S.-funded Meat and Fish Markets Opened in Kut
Wassit Governor Lateef Hamad al-Turfa opened on Saturday two U.S.-funded meat and fish markets in the city of al-Kut. “The two projects cost around six billion Iraqi dinars,” Majid al-Itabi, the Wassit province’s information director, told Aswat al-Iraq news agency He said that the two buildings will occupy a total area of 3,250 square metres. […]
U.S. to Fund Meat and Fish Markets in Wassit
U.S. Provincial Reconstruction Team (P.R.T) will fund two buildings in central Kut city, which will be used as meat and fish markets. “The two buildings will occupy a total area of 3,250 square meters,” Majid al-Itabi, the Wassit provincial media director, told Aswat al-Iraq news agency on Thursday. He said that the first building will […]
Tags: Baghdad, Industry & Trade
Baghdad Plans 75,000 Apartments to Modernize Slum
The city of Baghdad asked foreign companies on Thursday to sign up for a project to design and build 75,000 apartments, the first phase of a $10 billion plan to rebuild the Iraqi capital's sprawling Sadr City slum. The entire 56 sq km (22 sq mile) project, to be built over 10 years, includes 150,000 […]
3 Projects carried out at ID7b in Shaqlawa
Three service projects were finalized in the different areas of the district of Shaqlawa at a total cost of more than 7 billion Iraqi dinars, the district mayor said on Thursday. “The projects were carried out in Shaqlawa, (51 km) northeast of Arbil, at a cost of more than 7 billion Iraqi dinars from the […]
Housing Minister Discusses Progress of Projects
The Iraqi minister of housing and construction has discussed with the governor of Muthanna the progress of projects implemented by the ministry in the province. “Minister Bayan Dizayee has stressed her ministry’s seriousness in executing the projects in accordance with the required standards and the agreed deadlines,” according to a ministry statement received by Aswat […]
Parliament to Vote on Real Estate Property Commission Bill
The Iraqi Parliament started on Thursday its regular session under Speaker Iyad al-Samarraie to vote on the real estate property commission draft law. Today’s agenda include voting on amending the dissolved authority number 65 of 2004 and on compensating those damaged by the former regime. The session will also witness the first reading of the […]
Kurdistan’s Cabinet Approves Housing Bill
Kurdistan region’s Council of Ministers approved the housing citizens draft law, according to an official statement released on Thursday. “The council during its meeting tackled also allocating 10% of the project’s amount to the cities, 15% to the districts and 20% to the villages,” said the statement received by Aswat al-Iraq news agency. “The council […]