Tag Archives | Karbala

The latest business news from Karbala, Iraq – oil, power, rail, housing projects & more – brought to you by Iraq Business News

Investment Opportunities: 7 Solar Energy Projects

By John Lee. The National Investment Commission (NIC) has published details of a new round of solar energy projects: The Ministry of Electricity is please to invite local, regional and international Independent Power Producers (IPP) to submit Expressions of interest (EOI) to embark into a proposed reverse auctioning round for SEVEN (7) Green field solar […]

Karbala University taking steps into E-Transformation

As part of the continues support of the United Nations Development Programme (UNDP) to the University of Karbala, a workshop has been conducted for the period 1 to 5 April on the e-learning modules, gathering twenty senior officials and academics from Karbala University, as part of the technical support provided by the Public Sector Modernization […]

Iran FM, Iraqi Tribal Leaders Meet in Karbala

Iranian Foreign Minister Mohammad Javad Zarif met a group of Iraqi tribal leaders from south of the country in the holy city of Karbala. During the last leg of his meetings with Iraqi officials, elites and representatives of Iraqi society from various ethnicities and regions, Zarif sat for talks with the tribal leaders and clans’ […]

Private Sector Development Strategy in Karbala

UNDP is helping to launch the Private Sector Development Strategy in Karbala The Governorate of Karbala in cooperation with the United Nations Development Programme (UNDP) and support of the Food and Agriculture Organization (FAO) organized a conference to roll out the Holly Karbala Private Sector Development Strategy (2018-2030) in Karbala province. The Holly Karbala Private […]

$8m Project to plant 70,000 Date Palms

By John Lee. An Iraqi Shi’ite Muslim foundation is reportedly planning to plant a total of 70,000 date palms south of Baghdad. According to Reuters, it has already planted 16,000 date trees outside Karbala [Kerbala]. The scheme is backed by a state loan of IQD 10 billion ($8.43 million). (Source: Reuters)

Iraqi Depositors ‘Trapped’ In Iranian Banking System

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 Abbas Sarhan. The Iranian banking system was seen as an attractive alternative to Iraq’s shaky financial institutions. But a recent, drastic devaluation in the Iranian rial means Iraqi money […]

6 New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced six new investment opportunities in Iraq: New Housing Compounds, Ministry of Water Resources Lime plant in Karbala, Iraqi Cement State Company Caustic/chlorine plant in Khor al-Zubair, State Company for Petrochemical Industries Industrial and medical gases, Al-Zawraa State Company Chlorine plant in Muthanna, General Company for […]

FIFA Lifts Ban on Iraq Hosting Int’l Matches

By John Lee. Soccer’s governing body FIFA has lifted its three-decade ban on Iraq hosting international football. FIFA President Gianni Infantino is quoted as saying that this will allow international matches to be played in Erbil, Basra (pictured) and Karbala, where the security situation was considered to be “stable“, but not yet in Baghdad. Iraq […]

Rotork to supply Karbala Refinery Project

By John Lee. British-based engineering company Rotork is to supply the Karbala Refinery project in Iraq. According to a press release from the company, Rotork will provide large quantities of IQ3 non-intrusive intelligent electric valve actuators, designed specifically for automated flow control systems in hazardous environments. Due to open in 2020, the State Company of […]

4 Metropolitan Transport Opportunities in Iraq

By John Lee. Iraq’s National Investment Commission (NIC) has included four subway and metropolitan rail projects in its list of major strategic projects to be presented during the Kuwait International Conference for Iraq Reconstruction, to be held in Kuwait from 12th to 14th February: 1. Baghdad Metro The project consist of two lines with total […]