Tag Archives | Basra News

The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News

Iraq Duty Free plans First Downtown Store in Baghdad

By John Lee. Iraq Duty Free is reported to be in the process of securing approval to operate the first downtown duty free store in Iraq. The project, to be located in Baghdad, is expected to begin early next year, and open in June 2020. The company is also expanding at Basra International Airport and […]

No End In Sight To Basra’s ‘Poisoned Water’ Crisis

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. By Saleem al-Wazzan. Drinking water in Basra has been found to contain a disastrous cocktail of bacteria, as well as too much salt. Although multiple causes for this are clear, […]

Two More New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Brick factory – State Company for Construction Industries Chlorine and Caustic Soda plant at Basra paper mill – State Company for Petrochemical Industries (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

Two More New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Arar Border Crossing Point – General Commission for Border Crossings Housing Compounds for Basra Federal Appeal Court Employees – Supreme Judiciary Council (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

Video: Iraq Protests – Graduates Demand Jobs

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Thousands of university graduates in oil-rich Iraq are protesting outside government ministries in Baghdad, demanding jobs. Unemployment for young adults stands at 22 percent and the government admits it has not planned for […]

Iran Bolsters Commercial Team in Iraq

By John Lee. The new acting head of Iran’s Trade Promotion Organization (TPO) has said that Iran has appointed a second commercial attaché to Basra. Hamid Zaboum is also quoted as saying that a third attaché will also be send to Sulaymaniyah. (Source: Tehran Times)

New Investment Opportunity in Iraq

By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Sponge iron factory in Basra – State Company for Iron and Steel (SCIS) (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

Cabinet approves Draft Law on Public-Private Partnership

The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mr. Adil Abd Al-Mahdi. It approved: the recommendation of the Ministerial Energy Council on the service contract for Al-Mansuriyah oil field in Diyala province; a draft law on public-private partnership to strengthen cooperation between government agencies and the […]

Water Crisis in Basra

By John Lee. Iraqi authorities have failed to ensure for almost 30 years that Basra residents have sufficient safe drinking water, resulting in on-going health concerns, Human Rights Watch (HRW) said in a report released today. The situation culminated in an acute water crisis that sent at least 118,000 people to hospital in 2018 and […]