Tag Archives | WW

French Company to open Turbine Workshop in Iraq?

By John Lee. Iraq's National Investment Commission (NIC) has hosted a joint meeting with the Ministries of Industry and Minerals and Electricity to discuss the technical proposal for establishing a turbine maintenance workshop. The proposal was presented by the French engineering company "Warmer" [IBN believes it to be Wamar Engineering], along with its Iraqi partner, […]

Three Sixty Solar signs MoU with Iraqi Firm

By John Lee. Canada's Three Sixty Solar has announced the signing of a Memorandum of Understanding (MOU) for the sourcing, fabrication, implementation, and distribution of vertical solar tower systems within the Middle East, North Africa, and Turkey. The company signed the MOU with a consortium of partners including Infraforward Strategies (US), Tareeq Al-Ahmadi Company (Iraq), […]

$112m for Turkish Agri Complex at Umm Qasr Port

The International Finance Corporation (IFC), part of the World Bank Group, is supporting Sama Al-Manar and Manar FZCO, subsidiaries of Türkiye-based Tiryaki Agro, in developing a new state-of-the-art agro-industrial complex in Iraq's Umm Qasr Port, including a soybean crushing plant and warehouses, which will help bolster food security, create jobs, and diversify the country's economy […]

UK Businesses to build $285m Drainage System in Hilla

By John Lee. UK Export Finance (UKEF), the UK's export credit agency, has announced that it has secured £226 million [$285 million] in financing for the Iraqi government to develop over 350 kilometers of drainage infrastructure as well as 15 kilometers of stormwater and wastewater lifting stations near Hillah city. Upon completion, the project is […]

NIC considers Investment Offers from Hazar Group / YDA

By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Muhammad Makiya, has met with Sheikh Hazar Al-Zibari, Chairman of Hazar Group, which is the Iraqi partner of the Turkish YDA Holdings . During their meeting, Sheikh Al-Zibari discussed various projects that the group intends to implement in Iraq, including residential city […]

Asiacell chooses MCP Insight for Anti-Fraud and Compliance Monitoring

Mobile phone operator Asiacell has selected UK-based MCP Insight to provide their anti-fraud and compliance monitoring solutions for Asiacell's Value Added Services and Direct Carrier Billing services. MCP will be working closely with IQ Services, the Carrier's internal Master Aggregator, who manage all merchants offering services on Asiacell's network. MCP's combined Scanner and Shield solutions […]

BHEL to supply Compressor to Baiji Refinery

By John Lee. New Delhi-based Bharat Heavy Electricals Limited (BHEL) has won an order to supply a news compressor to Baiji Refinery in Iraq. The order, placed by the North Refineries Company (NRC), envisages design, engineering, manufacturing and supply of electric motor driven Recycle Gas Centrifugal compressor and will be executed by BHEL's International Operations […]

Iraqi Drilling Company signs Partnership Contract with SOCAR

By John Lee. The Iraqi Drilling Company (IDC) has signed a partnership contract with SOCAR, the the state-owned oil and gas company of Azerbaijan, for drilling and oil-field services. The Director General of the company, Bassim Abdul Karim, said that the contract involves collaboration in the field of drilling and reclamation of oil wells, noting […]

Blue Water to open Office in Iraq

By John Lee. Blue Water Shipping's Energy and Projects Division has announced plans to open an office in Iraq. Thomas Bek, Global Director of Energy & Projects at Blue Water, said: "Our customers in the energy sector operate internationally, and it is, therefore, a strategic objective that we continuously develop our organization to meet the […]

Irish Company to Advise Iraq on Financial Info Management System

By John Lee. Iraq's Ministry of Finance has signed a contract with the Irish-based consultancy AARC Ltd to provide "advisory services regarding the preparation of functional and technical requirements and IFMIS [integrated financial management information systems] bid documents." According to a statement from the Ministry, the project has an implementation period of 17 months, and […]