15 Aug 2010
(MENAFN) Iraq’s investment authority announced that the government has accepted tenders from 35 companies to build 1 million new housing units nationwide, Al Sabah newspaper reported.
According to the daily paper, technical details of the deal are still to be finalized, including the lending facilities from financial houses, but the work would commence in the next few months.
The companies awarded the tenders, out of 117 who applied, come from North America, Europe, including Germany, and Asia. The units will be built across the country, from Basra in the south, in the capital Baghdad and Mosul in the north.
The 2003 invasion of Iraq by international coalition forces caused destruction and damage to a large portion of the housing sector, particularly in and around Baghdad.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more