Tag Archives | Transportation

The latest Transportation news from Iraq – Roads, Airports etc Security & Attacks – brought to you by Iraq Business News

Violence Expected Ahead of al-‘Ashura

Over the coming week terrorists are likely to attack Shi’ah worshippers marking the religious period of al-‘Ashura. Many pilgrims will travel to the holy city of Karbala for the event, which culminates on 17 December and has seen numerous bouts of violence in recent years. Security will be tighter than normal, but roadside attacks against […]

World's Most Dangerous Motorway gets Beauty Treatment

Baghdad's airport road was considered the most dangerous motorway in the world, but the city is now turning it into "the most beautiful street in the world", according to AFP. The US military had called it "RPG alley" (that's rocket-propelled grenade), as road users were at the receiving end of particularly frequent attacks during 2006 and 2007. […]

Iraq Rises as Western Nations Fall

Iraq's developing situation continues to astound me when I contrast it with much of the west. Take the UK, where Prime Minister David Cameron has on 20 October announced £81bn ($127bn) of cuts from total government expenditure of £661bn ($1,040bn), the largest budget cuts in decades by a large margin. All this it needs to […]

Iraq Wants Hundreds of US Billions

...and it looks like it is going to get it. Iraq has lofty investment targets for the next five years. Sami al-Araji, chairman of Iraq's National Investment Commission, told Reuters: "We'd like to go ahead and shoot for $600 billion. We hope of course we can realize it, but we will be very happy if we […]

100s More Companies in Iraq

Kurdistan's sixth international trade fair in Erbil opened on Monday with 850 companies from 25 countries. Hundreds of companies are at the fair for the first time. Albert Awun of EFB Arak, which organised the fair, told AKnews: "The percentage of the participating new companies in the exhibition compared to last year is about 50%, while the […]

Air Expansion Continues with Airport and Route Growth

More than $150bn of airport and logistics infrastructure is being considered, according to estimates reported by AME Info FZ. Interested bidders include British Aviation Group, German Airports Group, Gulf Ground Handling Association, Middle East Aerospace Consortium, and others. The first exhibition to get air investment truly off the ground will be the Iraq Airport Expansion, Cargo Logistics […]

UK Travel Management Company is First to Open Offices in Iraq

CT Business Travel will be the first UK travel management company to open offices in Iraq. It will organise business travel to Iraq and provide local support to help minimise the risk to UK companies who are involved in re-building and improving Iraq's infrastructure. Corporate travel specialists CT Business Travel has operated a number of […]

SDV Takes on the Logistics Challenge in Iraq

Following the opening of a representative office in Baghdad, with branches in Zakho and Basrah, SDV has become the first European logistics group to be based in Iraq. This confirms SDV’s continuous commitment to this market for over 12 years. The reconstruction of infrastructures (oil & gas, water supply, sanitation,…), which cater for the country’s […]

Iraq's Oil Minister Takes on Electricity Portfolio

(Sources: Reuters, Financial Times) Reuters reports that Iraqi Oil Minister, Hussain al-Shahristani, has taken over the electricity portfolio after the electricity minister resigned over protests against power shortages in the sweltering heat of summer, the Oil Ministry spokesman said on Tuesday. Karim Waheed stepped down as electricity minister after demonstrations triggered by power cuts, claiming […]

300 Buses to Be Exported to Iraq

(Source: Iran Daily) A leading Iranian bus manufacturing company plans to export 300 buses to the neighboring country of Iraq, a company official announced on Monday. "The Memorandum of Understanding (MoU) was signed for the export of 300 buses to Iraq," Managing-Director of Semnan's Oghab Afshan Industrial and Manufacturing Company, Abdullah Akbari-Raad, said in an […]