By John Lee. Minister of Transport Razzaq Muhaibis Al-Saadawi opened the Transport, Aviation and Logistics Services Exhibition (ITL EXPO 2025) on Wednesday, attended by officials and representatives from local and international companies in transport, infrastructure, and logistics. In his opening remarks, Al-Saadawi stated that investment in the transport sector yields significant economic returns by reducing […]
By John Lee. The Ministry of Oil has held a pre-startup ceremony for the expansion of the Zubair-Mashrif Gas Separation Station. Oil Minister Hayan Abdul Ghani Al-Sawad described the project as a key milestone in Iraq's efforts to boost gas production capacity, noting that it will significantly increase the capture of associated gas and supply […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has opened the Al-Zuhour [Zuhur] Central Water Project serving the Al-Husseiniya and Al-Intisar districts in northern Baghdad, with a capacity of 10,000 cubic metres per hour. The project, which had been stalled since 2012, was completed using modern international standards and includes treatment and pumping stations, […]
By John Lee. The Government of Iraq, with support from the United Nations Human Settlements Programme (UN-Habitat) and funding from the European Union (EU), has launched the National Housing Policy (NHP) 2025-2030, providing a comprehensive framework to address the country's housing challenges and promote equitable, sustainable urban development. Prime Minister Mohammed Shiaa Al-Sudani praised the […]
By John Lee. The Ministry of Oil has inaugurated the strategic Third Offshore Pipeline Project ('Sealine 3' Project), one of the most important initiatives aimed at strengthening Iraq's southern crude oil export system. Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani said during the inauguration ceremony in Basra that the […]
By John Lee. The National Investment Commission (NIC) has announced the start of administrative procedures to designate the Al-Tayeb area in Maysan as a district, paving the way for its transformation into a major multi-service economic city and strategic investment opportunity. NIC Chairman Dr. Haider Mohammed Makiya said the Commission has received the master planning […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani on Sunday evening inaugurated the Al-Talae-Al-Bayjiya overpasses and the Sheikh Ma'ruf Mosque intersection in Baghdad's Karkh district. The project is the 14th of 16 traffic decongestion projects included in the government's first infrastructure package, supervised by the Ministry of Construction, Housing, and Public Works. The new overpasses […]
By John Lee. The Iraq Development Fund has reportedly signed memoranda of understanding (MoUs) with four major countries to advance development cooperation and investment. Executive Director Mohammed al-Najjar told state-run Iraqi News Agency (INA) that the Fund has signed three MoUs with France, two with the United Kingdom, and two with the United States, in […]
By John Lee. The Iraqi Ministry of Transport has received bids from several international companies to develop Baghdad International Airport (BIAP). According to Bassem Waheed, Acting Director General of the Contracts and Licensing Department, the Ministry's evaluation committee will select the best offer to ensure high-quality development services for the airport. Three consortia submitted proposals: […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani on Monday laid the foundation stone for a new 100-bed hospital project in the Rahmaniya-Shu'ala area of Baghdad's Karkh district. The facility is one of 16 hospitals of similar capacity being built under the Iraq-China agreement. According to a press release, the new hospitals will feature modern […]
By Dr Ali Abdul Kadhim Dadoush, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Assessing the impact of the fire insurance gap on the fragility of special economic projects in Iraq Insurance serves as a safeguard […]
By John Lee. The Ministry of Electricity's Undersecretary for Production Affairs, Eng. Mohammed Nema Al-Tufaily, chaired a key meeting with Shanghai Electric to set firm timelines for the execution and completion of combined-cycle projects and rehabilitation of power stations. The talks, attended by senior ministry officials and regional power company directors, focused on government-mandated programmes […]
