Tag Archives | Italy

Iraq's Basra Steel Plant Set for Year-End Launch

By John Lee. Iraq's Minister of Industry and Minerals, Dr. Khaled Battal Al-Najm, supervised final preparations for the Basra steel plant, expected to begin operations by the end of this year. During his on-site visit, the minister oversaw the plant's final cold start-up phases, which utilize advanced technology from Italy's Danieli Group for steel and […]

PM meets with Daewoo, Technital, re Al-Faw Grand Port

By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting this week to follow up on the progress of Al-Faw Grand Port, attended by representatives from Daewoo, the Korean company, and the Italian consultancy firm, Technital. The Prime Minister's Office said he reviewed the details of the ongoing work on the key projects within […]

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. […]

Stakeholders Discuss MSME Development Policy for Iraq

By John Lee. The International Labour Organization (ILO), Iraq's Ministry of Planning (MOP), and the Italian Agency for Development Cooperation (AICS) have held a two-day conference to discuss the national Micro, Small, and Medium Enterprises (MSMEs) development Policy for Iraq by bringing together government entities, international organizations, employer and worker groups, and financial institutions to […]

Iraq Launches Joint Management Program for Modern Hospitals

By John Lee. Prime Minister Mohammed Shia Al-Sudani has inaugurated a joint management program for modern hospitals at Najaf Ashraf Educational Hospital. This initiative, in collaboration with Italy's Gruppo Ospedaliero San Donato (San Donato Hospital Group), aims to reduce the need for Iraqis to seek medical treatment abroad and save substantial costs. The program will […]

Italian Govt Proposes New University in Baghdad

By John Lee. Iraqi President Dr. Abdul Latif Jamal Rashid received the Italian Ambassador to Iraq, Mr. Maurizio Greganti, accompanied by Italian Member of Parliament Mr. Mauro del Barba, at Baghdad Palace on Monday. At the outset, President Rashid praised the strong relations between Iraq and Italy in various political, economic, cultural, and environmental fields, […]

Italian Firm Exempted from Iraq Registration Requirements

By John Lee. The Iraqi Cabinet has approved exempting the Italian company GKSD from the registration requirements outlined in the amended Foreign Companies Branches System (2 of 2017). The Cabinet also approved funding the equipment and management contract for the Internal Security Forces Hospital from the budget of the Internal Security Forces Care Affairs Directorate, […]

Billion-Euro Boost to Italy-Iraq Trade

By John Lee. SACE the state-owned Italian insurance and financial group, which specialise in supporting Italian companies and the national economy, has entered an agreement with the Trade Bank of Iraq (TBI) to support the development of the private sector in Iraq by promoting Made in Italy exports to the country, with a total value […]

Plans for Mosul Expansion spark talk of 'Demographic Change'

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Plans for Mosul expansion spark talk of 'demographic change' In March this year, Nineveh Governor Abdul Kader Al-Dakhil signed a contract with Italian engineering company SGI [Studio Galli Ingegneria] to initiate a long-stalled project […]

Italian Firm to Supply ACT Systems to Mosul Int'l Airport

By John Lee. SITTI, an Italian provider of Air Traffic Control (ATC) systems, has won a contract to provide the following at the reconstructed Mosul International Airport: an innovative VCS (Voice Communication System) a modern VRS (Voice Recording and Replay System) radio equipment for controller-pilot communication It said in a statement: "The system that will […]

KRG Investment Delegation visits France and Italy

By John Lee. An delegation from the Kurdistan Regional Government (KRG) conducted a diplomatic mission to France and Italy from 26th to 29th March 2024, with a focus on investment. The mission was led by Safeen Dizayee, Head of the Department of Foreign Relations, and Dr. Mohammed Shukri, Chairman of the Kurdistan Board of Investment. […]

Foreign Companies to Manage Iraqi Hospitals

By John Lee. A Turkish company is reported to have won a contract to manage Maysan Hospital. The company was not named, but Health Minister Saleh al-Hasnawi told state-run Iraqi News Agency (INA) that an additional three companies will be contracted with to manage other hospitals across the country. He added that the Ministry of […]