By John Lee. Dubai logistics and transport company Aramex has announced a new joint venture with Abu Dhabi-based investment company ZK Holding, aimed at supporting both local and international businesses in Iraq. According to a press release from ZK Holding: Through this joint venture, Aramex will significantly expand its existing footprint in the country by […]
From the Iraq Britain Business Council (IBBC): Iraq is making a significant comeback, presenting the private sector with an increasing array of opportunities to invest and contribute to its ongoing development. The Sudani government has not only introduced stability and reforms but is also investing in a wide range of infrastructure projects that promise growth […]
By John Lee. Netherlands-based Damen Shipyards Group has successfully delivered three advanced search and rescue (SAR) vessels to Jawar Al Khaleej (JAK) in a ceremony held at Albwardy Damen in Sharjah, UAE. The handover, which took place just five months after the contract signing, includes two Damen SPi 1605 SAR class vessels and one Damen […]
By John Lee. Iraq's Ministry of Transport has announced new direct flights between Baghdad and Sharjah, starting on October 17, with four weekly flights. The initiative is part of the ministry's plan, overseen by Minister Razzaq Mohibis Al-Saadawi, to expand Iraq's international flight network and enhance civil aviation. The new route aims to strengthen commercial […]
By John Lee. Iraq's Prime Minister, Mohammed Shia' Al-Sudani, announced the country's openness to partnerships for its flagship "Development Road" project, during a forum in Baghdad titled "Development Road - Opportunities and Growth." The forum was hosted by Enki Foundation for Studies and Research. The event brought together economists, investors, and business leaders to discuss […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani has chaired a meeting of the High Committee for the Development Road Project. The session focused on reviewing the latest developments and progress in this strategic project, which includes key components such as energy, gas, electricity, and internet infrastructure. Updates included the completion of preliminary designs for […]
By John Lee. The new Ambassador of the UAE to Iraq has presented his credentials to President Abdul Latif Rashid. Abdulla Matar Al Mazrouei expressed his pride in representing the UAE in Iraq, and highlighted his keenness to enhance bilateral relations across various sectors, which contribute to consolidating fraternal ties and cooperation between both nations. […]
At the moment, buying off-plan properties in Dubai is irresistible even to the most inexperienced of investors. The buoyant real estate sector, positive economic outlook, and a plethora of infrastructural projects strengthen Dubai's position as a preferred location for property investment. This article explores off-plan market potential in Dubai focusing on prime areas with references […]
By John Lee. Deputy Prime Minister and Foreign Minister Mr. Fuad Hussein received a copy of the credentials of the new UAE Ambassador to Iraq Mr. Abdullah Matar Khamis Khalfan Al Mazrouei, at the Ministry's headquarters on Tuesday, August 13, 2024. The meeting dealt with bilateral relations between the two countries and ways to enhance […]
By John Lee. Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB), the largest banking network in Iraq, to support the 'Xport Xponential' initiative. By signing the agreement, the bank will join the list of partners of the 'Xport Xponential' initiative, launched by ECI […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. New Qatari consulate highlights growing ties between Gulf Arabs, Iraqi Kurds Qatar has opened a consulate in Erbil, reflecting the growing relations between wealthy Gulf Arab states and Iraqi Kurdistan. The expansion of […]
By John Lee. Arabian Business reports that Abu Dhabi-based property developer Eagle Hills has bought land in Baghdad for a $1.5-billion golf real estate project. It says the Baghdad Golf Course and Spa will feature a world-class golf course, high-end residential neighbourhoods, a five-star hotel, and an exclusive resort club. Eagle Hills was founded by […]
