By John Lee. Iraq has launched the executive phase of its "Watan Initiative" (Homeland Initiative) residential land programme in Nineveh province, allocating 110,000 residential plots as part of a broader national target of one million plots. Prime Minister Ali al-Zaidi announced the launch on Monday, stating that the government's aim is to ensure that no […]
By John Lee. International airport management and operations companies have been invited to invest in and develop Mosul International Airport. Prime Minister Ali al-Zaidi made the call during a visit to Mosul on Monday, describing the airport as an important gateway for Nineveh province and for Iraq more broadly. Al-Zaidi said the government is seeking […]
By John Lee. A contract has been signed between Iraq Oil Exploration Company and KAR Group for 2D and 3D seismic surveys at the Sasan and Alan exploration blocks in Nineveh province. Oil Minister Basim Muhammad Khudhair al-Abadi presided over the signing ceremony on Tuesday. The Minister underlined the importance of completing the project on […]
By John Lee. Prime Minister Ali al-Zaidi has addressed parliament to explain the government's decision to change the exchange rate and outline steps to protect living standards and maintain regular payments of salaries and essential expenditure. According to the Prime Minister's Office, al-Zaidi met with parliament speaker Hibat Hamad al-Halbousi and the heads of parliamentary […]
By John Lee. The United Nations Office for Project Services (UNOPS) has awarded a contract for the rehabilitation of 42 category III housing units in Sinjar District, Ninewa Governorate. The contract has been awarded to Alshiaar Company for Trading and General Contracting Ltd., with a value of $531,610. (Source: UNOPS)
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Controls its Northern Exports, but Ankara Sets the Timetable While Baghdad appears to have won the fight over who controls crude oil pumped in Iraqi Kurdistan, it has not won control over […]
By John Lee. Two new seed purification and processing lines have been inaugurated at the Ahlelah facility in Nineveh province, raising total production capacity at the site to 30 tonnes per hour. Each line has a capacity of 10 tonnes per hour. The project was implemented by the emergency loan project team of the World […]
By John Lee. Electronic applications for loans from the Iraqi Housing Fund are to open on 23 August for a four-day period, with each day allocated to a different group of governorates. Applications open at 10am on the day assigned to each governorate. According to the Ministry of Construction, Housing and Public Municipalities, the schedule […]
By John Lee. A clothing factory in Mosul has reopened following rehabilitation and a return to full production. The Waladi clothing workshop, part of the Ready-Made Garments Factory in Mosul and affiliated with the General Company for Textile and Leather Industries, was refurbished with funding from Germany's KfW (Kreditanstalt für Wiederaufbau, German Development Bank) and […]
By John Lee. Iraq's Ministry of Planning has held a joint meeting with the United Nations Development Programme (UNDP) to discuss the development plan for Sinjar district in Nineveh governorate. According to the Ministry of Planning, the meeting covered the economic and developmental aspects of the Sinjar plan, and the process by which the Ministry […]
By John Lee. A memorandum of understanding (MOU) has been signed between the Uptime Institute and the Governorate of Nineveh to advance the region's digital infrastructure and support Iraq's national digital agenda. According to a press release published by Business Wire, the agreement was signed on 17th July at the U.S.-Iraq Business Summit, held at […]
By John Lee. Prime Minister Ali al-Zaidi has met with representatives of the Iraqi Christian diaspora and Iraqi-American business figures from Michigan at the start of his visit to Washington DC. According to the Prime Minister's Office, discussions covered the situation of the Iraqi diaspora community and prospects for increasing their participation in investment and […]
