Posts Tagged ‘news’

Jazirat AI Aaras (Wedding Island) to be developed in Baghdad

Thursday, February 4th, 2010
Wedding Island Baghdad

Wedding Island Baghdad

Iraq’s Tourism Board is seeking investors for the Development of Jazirat AI A’ras, also known as Jazirat Janain, a romantic island in the heart of historic Baghdad, on the Tigris River.

The island is wholly owned by the Tourism Board and is ready for immediate development into a multi-use resort and recreational tourist attraction.

The developer will master plan, design, construct, operate, and maintain the island as a private “for-profit” venture, leasing the land from the Tourism Board. (more…)

Siemens Healthcare wins $69m contract with Iraqi Ministry of Health at Arab Health

Thursday, January 28th, 2010
Health

Health

The Siemens Healthcare Sector, one of the world’s largest suppliers to the healthcare industry and a trendsetter in medical imaging, laboratory diagnostics and medical information technology, announced today a contract win of $69m to supply state-of-the-art diagnostics imaging equipment to all Ministry of Health hospitals across Iraq.

From : AME Info FZ LLC (more…)

Iraqi Housing Sector Booms

Wednesday, January 27th, 2010

“House building across the country creates far reaching opportunities for local and internal firms in Iraq”

 

Iraq Construction

Iraq Construction

 

From the Eye On Iraq: The Mayor of Baghdad, Sabir al-Issawi, has revealed a five-year plan to build 300,000 housing units in the city. According to al-Issawi, the country is talking with a wide variety of developers from across the world who are interested in investing in the country’s real estate market. The Iraqi government has identified the need for more than 1.5 million residential units countrywide.

A New Zealand construction firm, Atconz Real Estate Development, said Iraq is one of the most exciting emerging markets at present, and is about to start work on a $100 million project to build 1,565 residential units in a suburb of Irbil, the capital of the Kurdish region.

(more…)

Iraq South Oil to install new offshore oil platforms to boost production

Wednesday, December 16th, 2009

Iraq aims to install four new floating oil terminals and three new undersea oil pipelines that will boost export capacity to 8 million barrels per day from a current 1.9 million bpd, a top oil official said.

Dhiya Jaafar, current chief of Iraq’s South Oil Company (SOC), which oversees the bulk of exports from the country’s vast oil reserves, on Wednesday told reporters work should be completed on the new terminals and pipelines in the second half of 2011. “There is a plan ready and it is under execution to establish four floating platforms and three new undersea pipes and we aim to finish this work in the second half of 2011,” he said, adding this would boost capacity to 8 million bpd. (more…)

Welcome to Iraq Business News Blog

Wednesday, August 5th, 2009

New Iraqs Flag

By the name of God we begin this blog.

Simple words the we write here to educate the world about Republic of Iraq news, the land pf legends and prophets, It is the site of the Garden of Eden, of the Noah’s Great Flood, and the birth of Abraham.

We put here up-to-date news that interests the Foreign Investor and business men about what is new in Iraq and the Arabian Gulf, concerning Business news economy analyses or stories from Iraq’s realty.

We welcome any one who wants to share his expertise or participate in a  Constructive criticism which supports and help improve Iraq’s Economy.

Post a comment or contact us for articles.

Thank you

Eng. Kadhum