AKnews reports that the Vice Chairman of the Babil Investment Commission has complained that Iraq’s investment law has been “paralyzed” by the state’s failure to implement it effectively in ministries and government departments. Abbas al-Tai told the agency that Iraq is one of the best places in the world for investors as it lacks many […]
Overview Levels of violence have been rising in Iraq over the past four weeks. The increase has been gradual, but consistent and last week saw more than 40 attacks reported countrywide for the first time since mid-December. Recent days have seen a particularly concerning rise in militant activity and social tensions in the northern city […]
The deputy director of the Babel Investment Commission said that an Iranian company has been granted an investment licence to build an oil refinery in the province. Abbas al-Tai told AKnews that the Iranian company, IR Haval, will set up the refinery for filtering diesel oil, which is produced in abundance by the Iraqi refineries. […]
The head of the Babil Investment Commission said on Saturday that they had received an offer from a U.S. company to build a 250 MW power plant in the province. According to a report from AKnews, Alaa Herba explained that American company 'California Source', which specializes in the energy sector, had submitted a comprehensive proposal […]
