The latest security news from Iraq – Baghdad & Iraq Provinces security reports and more – brought to you by Iraq Business News
By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani inaugurated the second specialized workshop to support the private industrial construction sector. During the event, a cooperation agreement was signed between the Trade Bank of Iraq (TBI) and the German Export Credit Agency to finance private sector development projects under the government's sovereign guarantee initiative. […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani has inaugurated the execution of urban development projects in the southwestern area of the Al-Haidari Shrine during his visit to Najaf on this week. The visit is part of his regular provincial tours to oversee services and prioritize infrastructure and economic development projects, emphasizing Najaf's unique significance. […]
By John Lee. The Iraqi Cabinet has decided to extend the tendering period for the Najaf-Karbala train project by an additional month. According to a statement from the Prime Minister's office, the extension was agreed in the hope of attracting more bids, and to "ensure competition beyond the single offer currently received." (Source: PMO)
By John Lee. UK-based air quality expert EarthSense has announced a distribution agreement with Enviro Solutions and Technologies Company (EnviroSOLTECH), a specialist environmental monitoring company based in Najaf, Iraq. According to a statement from EarthSense, the partnership will enable EnviroSOLTECH to enhance its air quality monitoring and consultancy services for government departments and local authorities, […]
By John Lee. The Media Office of the Iraqi Prime Minister has confirmed that the Malaysian company HSS Engineers will be the approved consultant to the two newly-announced major projects, the Baghdad Metro and the Najaf-Karbala Express Train. Tenders for the construction of these projects were announced in recent days. More here and here. Full […]
By John Lee. The President of Iraq's National Investment Commission (NIC) has said that two major international investment opportunities -- the Baghdad Metro and the Najaf-Karbala Metro (Phase I) -- will be announced on Monday, 12th February. Dr. Haider Mohammed Makiya said the selection of international executing companies will be done, "through the Iraqi government's […]
By John Lee. Dr. Majid Al-Waeli, the Governor of Al-Najaf, has announced the discovery of oil in the Oasis Al-Rahban area in the lowlands of Al-Najaf province. According to a statement from the Governor's office, the discovery was made by the Iraqi Oil Exploration Company and a group of foreign experts Al-Waeli ordered the formation […]
By John Lee. The Policlinico San Donato, a hospital of the San Donato Group, has been awarded a multi-year management contract for a highly specialized university hospital in Najaf. The 492-bed facility is owned by the Iraqi Ministry of Health. The agreement was signed by the Minister of Health, Saleh Al-Hasnawi and Kamel Ghribi, Vice […]
By John Lee. Iraq's Cabinet has endorsed the Energy Council's recommendation to contract with Sama Baghdad and United Aras for the expansion of the gas-powered Haidariya Power Station. According to a statement following Tuesday's cabinet meeting, Iran's MAPNA Group will bear full responsibility for material provision and contract execution, "deviating from regulations based on the […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani commended the signing of a partnership agreement between the private Iraqi company Al-Diyar Al-Iraqia and the Saudi Northern Region Cement Company, marking the first collaboration between the private sectors of Iraq and Saudi Arabia in the field of cement. The event took place during the reception of […]
By John Lee. The Ministry of Electricity (MoE) of the Republic of Iraq has awarded Siemens Energy a contract to deliver five High Voltage Substations on a turnkey basis to address the increasing demand for power transmission in Iraq, providing power to around 2.5 million homes. The government of Iraq is focusing on strengthening the […]
By John Lee. The Iraqi Ministry of Transport has announced the resumption of direct passenger flights between Iraq and Denmark, with the route covering Baghdad, Najaf, and Copenhagen. This marks the second European destination after Berlin, utilized by Iraqi Airways through a codeshare agreement. According to the company's management, the decision to reintroduce this vital […]
