Tag Archives | development road project

Iraqi PM meets Major Egyptian Companies

By John Lee. Prime Minister Mohammed S. Al-Sudani met on Mondat with Egypt's Deputy Prime Minister and Minister of Transport and Industry, Mr. Kamel El-Wazir, along with heads of several major Egyptian companies specializing in roads, construction, and bridges. The Prime Minister emphasized that this visit reflects the strong brotherly relationship between Iraq and Egypt, […]

Development Road Project: Plan for Land Acquisition

By John Lee. Prime Minister Mohammed Shia Al-Sudani has chaired a meeting of the High Committee for the Development Road Project. The session focused on reviewing the latest developments and progress in this strategic project, which includes key components such as energy, gas, electricity, and internet infrastructure. Updates included the completion of preliminary designs for […]

Iraq and Egypt Discuss Investment Opportunities

By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, met with leading Egyptian business representatives in El Alamein, Egypt, on Tuesday, during his official visit to the country. The meeting emphasized the strategic relationship between Iraq and Egypt, highlighting the potential for economic integration between the two nations. Al-Sudani noted Iraq's ongoing recovery and stability, […]

Iraq-China Trade expected to Grow 20% this year

By John Lee. The Ambassador of the Republic of Iraq in Beijing, Mr. Shorsh Khalid Saeed, met with the Chairman of China Council for the Promotion of International Trade (CCPIT), Mr. Chen Xiaofeng and his accompanying delegation, at the Embassy headquarters. According to a statement from Iraq's Ministry of Foreign Affairs, Ambassador Saeed commended the […]

Russia targets Iraqi Transport Development

By John Lee. Russian and Iraqi officials have held a meeting to finalize agreements aimed at enhancing transport cooperation between the two nations. The Russian side expressed gratitude for the approval of the draft agreement by the Iraqi Prime Minister's Office, indicating Russia's readiness to review and proceed with the signing. They emphasized Iraq's strategic […]

Italian Firm to Prepare Designs for Iraq's Development Road

By John Lee. The Iraqi Cabinet has approved key components of the Development Road project, focusing on the rehabilitation and expansion of railways. The project, with an estimated cost of 3.932 trillion dinars [$3 billion], will be included in the Ministry of Transport's 2024 investment budget, funded through a mix of budgetary allocations and loans. […]

World Bank Discusses Funding for Iraqi Projects

By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, held a meeting on Monday with a World Bank delegation led by the Regional Director for the Middle East, Jean-Christophe Carret. The discussions focused on enhancing cooperation in economic and social development. Key Discussion Points: Support for Transportation and Infrastructure Projects: Development of transportation and […]

US Consulting Firm signs contract for Iraq Development Road

By John Lee. Iraq's Minister of Transport, Razzaq Muhibis Al-Saadawi, announced the signing of a contract with Oliver Wyman, a consultancy firm, to provide advisory services for the Development Road project. Al-Saadawi stated that the consultancy will assist the ministry in marketing the project and overseeing investment opportunities. The contract, signed by Younis Khalid Jawad, […]

Iraq-Qatar Joint Committee meets after Six Years

By John Lee. In Baghdad, Iraq's Minister of Trade, Atheer Daoud Al-Ghurairy, and Qatar's Minister of Commerce and Industry, Sheikh Mohammed bin Hamad Al Thani, signed the final report of the 7th Iraq-Qatar Joint Committee session, marking the first meeting in over six years. Minister Al-Ghurairy emphasized the commitment of both nations to enhance economic, […]

Iraqi PM Discusses Cooperation with New Turkish Ambassador

By John Lee. Prime Minister Mohammed Shia' Al Sudani met with Anil Bora Inan, the new Turkish Ambassador to Iraq, on Monday, welcoming him and wishing him success in his duties. The meeting focused on strengthening bilateral relations and implementing agreements made during Turkish President Recep Tayyip Erdoğan's visit to Baghdad last April, which resulted […]

Iraq, China "Strengthen Ties with Major Development Initiative"

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq and China Strengthen Ties With Major Development Initiative A series of high-level meetings took place last week between senior Iraqi and Chinese officials to finalize the details of the […]