The latest housing news from Iraq – projects, construction & more – brought to you by Iraq Business News
By John Lee. The Iraqi Cabinet has approved the completion of 30,000 housing units at the Basmaiyah residential complex outside Baghdad. Payment via Rafidain Bank to the Korean company Hanwha for completed housing units was also approved. The National Investment Commission (NIC) was also authorized to proceed with the remaining 70,000 units. (Source: Media Office […]
By John Lee. Al-Ekhwa Al-Nubalaa for General Trading & Contracting Limited has won a contract with the United Nations Office for Project Services (UNOPS) for the "Construction of Cat IV Housing Units in Ninewa, Sinjar and Ba'aj Districts" The contract is valued at $1,657,607. (Source: UNGM)
By John Lee. In its 41st regular session, chaired by Prime Minister Mohammed Shia Al-Sudani, the Iraqi Cabinet approved the allocation of four new residential city projects to foreign and local companies based on recommendations from the ministerial team established under Cabinet Resolution (23121) of 2023. The projects are as follows: New Al-Juwayriyah [Jawahiri] City […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's pursuit of housing security inflames insecurities in Kirkuk Since taking office last autumn, Iraqi Prime Minister Muhammad Shia' Al-Sudani has focused on revamping deprived neighborhoods and addressing housing security among his key […]
By John Lee. The Iraqi Minister of Construction, Housing and Public Works, has said that the designs have been completed for more than 20 sites that were chosen for new residential cities. Bengin Rikani [Bangin Rekani] made the comment at a conference in Baghdad. (Source: MOCH)
By John Lee. Saudi Arabian companies are said to be committed to supporting the housing sector in Iraq. The Saudi ambassador to Baghdad, Abdulaziz Al-Shammari (pictured), told the state-owned Iraqi News Agency (INA) on Wednesday that Saudi companies will expand into Iraq with a view to building more housing. He was speaking after attending a […]
By Louisa Loveluck and Mustafa Salim, for The Washington Post. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A building boom fueled by corruption is changing the face of Baghdad Twenty years after an American-led invasion plunged Iraq into conflict, a real estate […]
By John Lee. Al-Amar Al-Hadeth for General Constructional Contracting has won a new contract with the United Nations Office for Project Services (UNOPS), for the rehabilitation of 197 Selected Housing Units in Anbar Governorate. The contract is valued at $1,350,835. (Source: UNGM)
By John Lee. Further details have been announced regarding Qatar's major investment in Iraq. Estithmar Holding Q.P.S.C. has said in a statement that it has signed three MoUs with Iraq's National Investment Commission (NIC) with a total value of 7 billion US dollars to develop new modern comprehensive cities, 5 stars hotels and also manage […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani opened the "Iraq Gate" residential project on Tuesday evening in Baghdad. The project has been developed by Amwaj International, which is headed by Namir El Akabi. In his speech at the event, he emphasized the importance of the private sector's involvement in solving the housing problem, […]
By John Lee. The Saudi ambassador to Baghdad, Abdulaziz Al-Shammari (pictured), has revealed the signing of a contract between Saudi Arabia and Iraq for a significant investment project near Baghdad International Airport (BIAP). In a statement to the state-run Iraqi News Agency (INA), Al-Shammari said the contract involves an investment of up to one billion […]
Dr. Mohammad Shukri Mohammad Saeed, head of the Kurdistan Region Investment Board, has made an announcement regarding housing units for low-income earners, stating that they will be ready for occupancy by the middle of next year. During an interview with the official website of the Kurdistan Regional Government, Dr. Saeed shed light on the lengthy […]
