The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News
From Save the Children. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. BASRA, IRAQ: Living in 'one of the hottest places on earth' Children living in one of the hottest places on earth say rising heat and water shortages are impacting their lives daily, with award-winning […]
By John Lee. Baghdad-based Sar Albraa for General Contract and Trade has won a contract with the United Nations Assistance Mission for Iraq (UNAMI) for the "Construction of Stormwater and Water Networks in Al Kubiya Neighbourhood, Basra Governorate." The contract is valued at $235,510. The potential end date is given as Thursday, October 23, 2025. […]
By John Lee. Iraq's Oil Minister, Hayan Abdul Ghani, has unveiled the draft of an investment project for the Nahr Bin Umar gas field in Basra Province. The project will be submitted for approval to the Ministerial Energy Council and later to the Cabinet. This announcement came during a meeting of the advisory body to […]
The Iraqi Riyada Network for Access, Development, and Advancement (IRADA Network) was launched recently in Baghdad. It is the creation of a consortium of prominent institutions specializing in business development and entrepreneurship, including the RWANGA Foundation in Iraqi Kurdistan, Qaf Lab in Mosul, and Tafa3ul Hub from Basra. Institutions From Baghdad include Computiq, The Station, […]
By John Lee. The Saudi Export Development Authority (SEDA) has organized a trade mission to Iraq under the banner "Made in Saudi Arabia." The mission, held in Basra, aligns with the authority's goal of promoting non-oil Saudi exports, diversifying income sources, and expanding into promising regional and international markets. 28 Saudi companies and 130 Iraqi […]
From The Economist. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. A new railway will at last link Iran and Iraq The connection could shunt Iraq further into Iran's embrace. Read the full article here (subscription needed).
By John Lee. Iraq's Prime Minister, Mr. Mohammed Shiaa Al-Sudani, officially opened a Glass Reinforced Plastic (GRP) pipe manufacturing plant in Basra during his visit to the province recently. The Prime Minister emphasized that the Al-Narges [Narjis] Pipe Factory, with its modern machinery, inspection equipment, raw materials, and associated technologies, is the first of its […]
"AAA Holding Group, Led by CEO Amet Selman, Ushers in a New Era of Fertilizer and Agricultural Advancement in Iraq " AAA Holding Group, under the visionary leadership of CEO Amet Selman (pictured), in collaboration with the State Company for Fertilizer Industry, is set to redefine agricultural standards in Iraq with a groundbreaking initiative. The […]
By John Lee. Prime Minister Mohammad Shiaa Al-Sudani has laid the foundation for a water treatment project in Al-Zubair District, Al-Basra Governorate. The project, with an initial capacity of 140,000 cubic meters per day, aims to address salinity issues in the region. Additionally, a tri-treatment station with a production capacity of 4,000 cubic meters per […]
By John Lee. The German company Siemens has signed a contract for the long-term maintenance of the generation units at the Al-Rumaila gas plant in Basra province. Iraqi Minister of Electricity, Engineer Ziad Ali Fadel, welcomed the company's CEO and its technical team, and emphasized the need to prepare a work plan for maintenance projects, […]
The establishment of AAA Holding Group's new fertiliser plant in Basra has been one of the most significant investments in Iraq in recent years, helping to diversify the country's industry away from oil. With a major new expansion now underway, Iraq Business News interviewed the company's CEO, Amet Selman, about his vision for the business. […]
UNICEF, funded by Daewoo E&C, to provide early childhood education support to 750 children from disadvantaged areas of Basra UNICEF has signed a partnership with Daewoo E&C to provide 750 young children with access to early childhood education (ECE) services in disadvantaged areas in Basra Governorate. Co-led by the Basra Directorate of Education, this partnership […]
