Tag Archives | Karbala

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

Work Starts at Mid-Euphrates Airport

By John Lee. AFP reports that Iraqi officials laid the cornerstone of a new Mid-Euphrates Airport, 35 kilometres (20 miles) south of Karbala. The $500-million project will be carried out by the UK-based Copperchase, with work supervised by the Khayrat al-Sibtein company, which belongs to the Imam Hussein shrine (pictured). During the ceremony, Karbala Governor […]

Millions of Iranians enter Iraq for Shiite Ritual

By Changiz M. Varzi for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  A day after millions of Shiite Muslims marked Arbaeen, the annual pilgrimage to the Hussein mosque in the Iraqi city of Karbala, the front pages of Iranian dailies on […]

Electro-Voice supplies Sound System for Karbala Stadium

By John Lee. Singapore-based Electro-Voice has supplied the sound system for the recently opened Karbala Olympic Stadium in Iraq. According to Entertainment Technology Press, audio for the project was provided by Baghdad-based APCO Electronics, which chose a sound system from Electro-Voice, including a multi-zone digital audio system, horn-loaded loudspeakers, amplifiers, microphones and wireless systems. The […]

Iran Favours Visa-Free Regime with Iraq

An Iranian deputy foreign minister expressed Tehran’s willingness to ease visa requirements for incoming tourists from Iraq if Baghdad’s government would agree to do so for Iranians traveling to the Arab country. “I have announced in my latest consular trip (to Iraq) that we are willing to remove the visa requirements or take any measure […]

Why is Iraq not Profiting from Religious Tourism?

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Every year, the number of pilgrims visiting religious sites in Iraq increases. After Iranians were not allowed to travel to Mecca to perform the hajj this year due […]

Will Iranian Pilgrims forsake Mecca for Karbala?

By Ali Mamouri for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News.  Saudi newspapers reported Sept. 15 that Shiites are expected to replace their pilgrimage to Mecca with religious visits to Iraq’s Karbala instead. According Al-Riyadh newspaper, Iran’s Supreme Leader Ayatollah Ali […]

Iraq is Back in Business, According to Wyndham Group

By Simon Kent. Foreign Direct Investment (FDI) is rising again in Iraq, The Wall Street Journal reports. The piece notes General Electric’s billion dollar contract in January, which is of course government spending, to highlight how multi-nationals are increasingly confident as the self declared Islamic State begins to collapse. The piece also notes how FDI is […]

Karbala Refinery Project “Halted … Solvency Concerns”

By John Lee. Work on a the $6-billion Karbala Refinery Project has reportedly been suspended. According to Korea Times, the work has been halted “due to the Iraqi government’s late construction payment, raising concerns about its solvency.” The Engineer, Procure and Construct (EPC) contractor for the Karbala Refinery Project is HDGSK, a South Korean joint […]

Iranian University to Offer Services to Southern Iraq

By John Lee. Iran’s Amirkabir University of Technology has plans to offer educational services in Southern Iraq. Amir Golroo, assistant professor at the university’s Department of Civil & Enviromental Engineering, told Trend that a separate office for Amirkabir University is being built on campus at of one of Iraqi universities: “We are especially focusing on […]