Iraq to form $1.3bn venture for Faw project
Arab OPEC member Iraq has decided to create a $1.3 billion venture to oversee the execution of the Grand Faw ...
Country: Other Middle East
Aqaba offers “New Gateway” to Iraq
New pre-arrival clearance protocols and reduced terminal handling charges for containers in transit, mean that Jordan’s deep-water Aqaba Container Terminal ...
Kuwait’s real estate sales hit $2.5bn in Q1
Kuwait's real estate sector witnessed a pick-up in real estate activity in the first quarter, driven in particular by strong ...
Kuwait’s growth to recover on higher oil prices: QNB
Kuwait’s economic growth is expected to recover on higher oil prices, which will enable an expansionary budget and higher project ...
Iraq, UAE reach deal to develop Basra, Diyala oil fields
The Iraqi Ministry of Oil signed on Sunday initial contracts with the UAE Crescent Petroleum company for exploration and development ...
ABB Wins Orders from Iraq’s Ministry of Electricity
Swiss-Swedish group ABB has won orders from the Ministry of Electricity in Iraq to deliver five fixed and 15 mobile ...
Mitsubishi awarded $110 million Iraq Port Contract
Japan’s Mitsubishi Corporation has been awarded a contract for port construction in the Republic of Iraq. Extended by the General ...
Hanwha receives $230mn Payment for Construction of New City in Iraq
South Korea’s Hanwha Engineering and Construction (E&C) has said it has received an additional payment of $230 million from the ...
Russia’s Rosneft discovers new oil field in Iraq
Bashneft International, a subsidiary of Russian state-owned oil company Rosneft discovered a new oil field in Iraq as a result ...
Middle East construction costs ‘world’s flattest’
The Middle East will see the flattest increase in the cost of construction globally this year, as the effect of ...
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