Browsing: construction

Iraq has ended a contract awarded to Italy’s PEG company for design and consultancy services in a $17-billion rail project and replaced it with Oliver Wyman of the US.

Iraq is planning to award new road projects involving tackling traffic congestion in the capital Baghdad within phase 2 of a master plan unveiled in 2023, according to the Construction and Housing Ministry.

The British economy fell into recession in the final quarter of 2023, according to official figures released on Thursday.