The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News
By John Lee. The Iraqi government has awarded a contract to rehabilitate a steel plant in the province of Basra to Turkey’s UB Holding, according to report from Bloomberg. An official at the Iraqi Ministry of Industry and Minerals told the news agency that the contract would be signed within a month. UB Holding will […]
By Abu Iraq and Khalid Waleed. This article was originally published by the Institute for War and Peace Reporting, iwpr.net, and it is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News Iraq's government sacked a senior energy […]
Reinforcing and strengthening the airline’s commitment to Basra, Emirates adds three additional flights between Dubai and the Iraqi southern port city, increasing the service from four to seven flights per week. Effective today (Wednesday 1st August), EK 945 will depart daily from Dubai at 13:55 hours and touch down at Basra International Airport at 14:45 […]
By John Lee. Basra Investment Commission (BIC) has granted an investment licence for a $162-million tourism project in central Basra. Khalaf al-Badran (pictured), Chairman of the BIC, said: "The license for the 'Basra Times Square' project was granted to Dier Company for Contracts ... This project will achieve great benefit and will be a remarkable […]
By John Lee. The Ministry of Industry and Minerals has announced an agreement with a Japanese Company to build a new plant for nitrogenous fertilizers in Basra province. A statement from the Ministry said: "The MoI represented by the Petrochemical Industries and Fertilizers Commission concluded a non-binding goodwill letter and Confidentiality Agreement with the Japanese […]
As part a major effort to boost its presence in Iraq, the Iraq Britain Business Council (IBBC) has opened its first office in Basrah. Later this year the Council will open another in Erbil, then Baghdad. Speaking at the opening ceremony in Basrah the IBBC's Executive Chairman Baroness Nicholson of Winterbourne said: "I am delighted […]
By John Lee. Japanese car giant Toyota says it wants to open a sales center in Basra province, and Basra Investment Commission (BIC) has offered to help facilitate the project, according to a report from AIN. Saleh Rauf, the Executive Director of Toyota, said: "The Company has an earnest and ambitious plan to start this […]
flydubai, Dubai’s innovative low-cost airline, has added another Iraqi destination to its network, with four-times weekly flights to Basra scheduled to begin on 8 August 2012. Basra joins the capital, Baghdad, plus Najaf, Sulaimaniyah, and Erbil, swelling flydubai’s Iraqi route map to five points, one of the most comprehensive networks to Iraq in the region. […]
Basra will soon become the scene of multi-billion dollar construction projects to be implemented by major foreign firms, according to a statement issued by Basra Investment Commission. According to a report from Azzaman, most of these projects will be in the city of Basra, giving it more than 70,000 new, modern apartments for low-income groups, […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
State Company of Fertilizer / South Region announces the following tenders : *Tender no : 67/T/SOF/2011/B Cooling Tower side stream filteration unit - two unit separate (One for each train) *Tender no : 13/T/SOF/2012/C Galglass 3G tanks 1000 m3 , 2000 m3 *Tender no : 24/T/SOF/2012 Lean Solution Pump (p-202 A, B) for CO2 Removal […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
