Dubai-based Emaar Properties and Kurdish firm Farouq Holdings [Farouk] are reported to be in talks with the Kurdistan Regional Government about developing a new $3bn resort in Sulaimaniya governate. Zawya reports that the KRG has approved the Dukan tourist city project, and that work could start within six months. The director-general of the Kurdistan Investment […]
In March the Iraq Club celebrated its 1st anniversary with a fun and informative event held in Dubai Marina. The anniversary event was attended by 100 senior energy and infrastructure professionals actively engaged in Iraq. The Club was honoured with a presentation by His Excellency, Ismat Ageed Siddiqi, Ambassador-Consul General to UAE–Dubai. Kyle Stelma, Managing […]
Thamir Ghadhban (pictured), the chairman of the prime minister's advisory commission on energy, has said that Iraq is revising its oil production targets. Speaking at the MEED Iraq Energy Conference in Dubai, he said Iraq that Iraq should average 2.9 million barrels per day this year, rising to 4.5 million bpd by the end of […]
6th March sees the anniversary event of The Iraq Club Dubai. This network for senior energy professionals operating in Iraq, has gone from strength to strength since it launched in 2012. The bi-monthly event which regularly attracts over 100 senior representatives from companies such as Leightons, Gulftainer and Schlumberger, expects a higher turn out next […]
An international jury at the Emerging Markets Airport Show in Dubai has voted Erbil International Airport the best airport amongst emerging market airports with less than five million passengers per annum, across Africa, the Middle East and Asia. Citing the exceptional growth, 53% in 2012, in passenger numbers to 947,400, and 54% in cargo tonnage, […]
By John Lee. Dubai’s overall exports and re-exports from the private sector to Iraq rose by more 350 percent to value $11.4bn in 2012, according to data from the Dubai Chamber. Trade with Libya was up by 300 percent, while trade with Turkey doubled. The Chamber’s director general, Hamad Buamim, said Dubai accounts for 75 […]
DAMAC Properties has announced the signing of a memorandum of understanding (MoU) with Al Fao General Engineering Company a subsidiary company of the Iraqi Ministry of Housing and Construction to further develop projects in Iraq. The agreement was reached during a high-level visit to the Iraqi capital Baghdad where DAMAC Executives met with the Minister […]
By John Lee. Dubai Chamber of Commerce and Industry is to set up representative office in Iraqi Kurdistan next yea, the chamber's chairman has announced. Abdul Rahman Saif Al Ghurair said: "The new office will help boost the presence of Dubai businesses in the Northern region of Iraq as the country was the second largest […]
The Dubai-based Paris Gallery plans to open five new stores in Iraq over the next three years, according to a report from Gulf News. Randa Al Akkad, the head of franchise at Paris Gallery, said the first store is scheduled to open in Baghdad in 2013, with another two in Erbil and one in Basra […]
By John Lee. Passavant-Roediger GmbH, a subsidiary of Dubai-based Drake & Scull, has won a contract to design and build a sludge treatment system for a wastewater plant in Kerbala. According to a report from Bloomberg, the contract is valued at about $23.4 million. Twelve sludge digesters will be installed, and the project will include […]
By John Lee. Earlier this month The Iraq Club – Dubai’s only exclusive network for investors and senior professionals involved in the Iraqi energy sector – returned after its summer break. More than 80 people turned out to hear guest speaker David Denman (pictured), an explosives expert and Technical Director at RPS Explosives Engineering Services. […]
By John Lee. The Iraq Mega Projects 2012 Conference and Exhibition is only 2 weeks away. Register today to meet NOC's, IOC's, service companies and representatives from the Iraqi Government and be part of the largest gathering on Iraq's oil field services industry. Join us in Dubai and discover the investment opportunities available in the […]
