By John Lee. Emirati low-cost airline Air Arabia has announced the launch of its new route from Sharjah to Basra in Iraq. The new direct flights will connect Sharjah International Airport to Basra International Airport with a frequency of three flights per week starting from June 03, 2024 Schedule to Basra, effective June 03, 2024 […]
Tag Archives | Basra News
The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News
Power China to build Desalination Plant in Basra
By John Lee. Following the recent visit of the Prime Minister to Basra, the Iraqi Cabinet has decided to authorise the Basra Governor to negotiate and sign the framework agreement with the coalition of companies executing the desalination project in the province. According to a statement from the Media Office of the Prime Minister, this […]
Iraq takes Delivery of New Crane Barge
By John Lee. Iraq has taken delivery of a new crane barge, the "Shanashil". Speaking at an inauguration ceremony held at Umm Qasr Port in Basra province, Oil Minister Hayan Abdul Ghani highlighted the significance of this initiative, aimed at supporting national capabilities in managing and maintaining oil ports. He said the new vessel will, […]
Iraq Advances Agri Sector with New Fertiliser Facilities
By John Lee. Prime Minister Mohammed Shia al-Sudani has opened two major new fertiliser production facilities in Basra. The phosphates (DAP) plant was developed by AAA Holding Group, led by CEO Dr. Amet Selman. With a capacity of 500,000 tonnes per year, this extension marks a critical step towards enhancing the support for the Iraqi […]
Launch of the Joint Coordination Forum (JCF) in Basra
Launch of the Joint Coordination Forum (JCF) in Basra: A Collaborative Milestone for Sustainable Development and Climate Resilience in Iraq H.E. Mr. Asaad Al-Aidani, Governor of Basra and Mr. Ghulam Mohammad Isaczai, the Deputy Special Representative of the Secretary-General, Resident Coordinator, and Humanitarian Coordinator (DSRSG/RC/HC) have launched the Joint Coordination Forum (JCF) in Basra. The […]
Chinese Company Presents Plans for Integrated Steel Project in Basra
By John Lee. The board of Iraq's Industrial Cities Authority has discussed the establishment of an integrated industrial city for iron and steel production at the site of the State Company for Iron and Steel (SCIS) in Basra, as part of the Basra Economic Capital project. The industrial city will integrate sponge iron [direct reduced […]
Shell Quits Nebras Petrochemical Project
By John Lee. British oil and gas company Shell has withdrawn from the proposed $11-billion Nebras [Nibras] petrochemical project in Basra. According to Argus Media, the company said it made the decision, "after in-depth evaluation on the feasibility of the Nebras integrated petrochemicals complex with our government partners." The company added: "This decision is in […]
New Industrial City to be built in Basra
By John Lee. A committee of the Ministry of Industry has approved a plan to build an industrial city at the site of the General Company for Iron and Steel in Basra. According to a statement from the Ministry, the new development will be build in collaboration with a Chinese company, and based on the […]
90 Investment Opportunities at Basra Industrial Partnerships Forum
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani inaugurated the Basra Industrial Partnerships Forum, a two-day event organized by the Ministry of Industry and Minerals in collaboration with the private sector. According to a statement from the PM's office, the forum showcased successful industrial projects in mineral investment, fertilizers, agricultural sprayers, iron, steel, and chlorine […]
Siemens Energy to supply Five New Substations in Iraq
By John Lee. The Ministry of Electricity (MoE) of the Republic of Iraq has awarded Siemens Energy a contract to deliver five High Voltage Substations on a turnkey basis to address the increasing demand for power transmission in Iraq, providing power to around 2.5 million homes. The government of Iraq is focusing on strengthening the […]
Sar Albraa Wins Contracts with UNAMI
By John Lee. Baghdad-based Sar Albraa for General Contract and Trade has won two contracts with the United Nations Assistance Mission for Iraq (UNAMI): "Construction and Connection of Storm water Networks in Al Ahrar Neighborhood, Basra." The contract is valued at $358,515, with a potential end date of November 30, 2026. "Construction and Connection of Storm […]
Iraqi PM Welcomes Chinese Investment in Industrial Projects
By John Lee. Prime Minister Mohammed Shiaa Al-Sudani met with Zhang Jiming, the CEO of China's Changxin Company [Shanxi Changxin?], and accompanying delegation. The Prime Minister highlighted Iraq's abundant investment opportunities during the meeting, expressing the government's commitment to providing necessary facilitations for major international companies. Shang Xin Corporation, a prominent Chinese company with global […]