Tag Archives | Basra News

The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News

Row Continues Over Fate of Maaqal Port

The director of the Media Department of the Iraqi Ports Directorate said on Sunday that the ports department had studied the possibility of closing Maqel [Maaqal] port, but concluded that it is not feasible because of the large financial revenues generated by the port and the ease of transfer of goods through it. Anmar al-Safi […]

IOM to Implement Business Development Services in Iraq

The International Organization for Migration (IOM) Iraq Mission has signed an agreement with the United Nations Office for Project Services (UNOPS) to set up a project to support local private and semi-private Business Development Service (BDS) providers in the Governorates of Anbar, Basrah and Erbil. The project aims to develop sustainable business models and engage […]

Romanian Housing Project in Basra

A Romanian company has received initial approvals to implement a residential project in Basra, according to an official from the Basra Investment Commission (BIC). “The BIC granted its initial approval to a Romanian company to carry out a residential project, which will include 6200 units in al-Kazieza region, northern Basra,” the source told Aswat al-Iraq […]

Iraq Rises as Western Nations Fall

Iraq's developing situation continues to astound me when I contrast it with much of the west. Take the UK, where Prime Minister David Cameron has on 20 October announced £81bn ($127bn) of cuts from total government expenditure of £661bn ($1,040bn), the largest budget cuts in decades by a large margin. All this it needs to […]

Conference on Oil Ministry Strategy in Basra

Iraq’s South Oil Company has organized a special conference on the strategy of the Iraqi Oil Ministry in the field of training and technology transportation, with the participation of major specialized global companies, the company’s Training Director said on Sunday. Hassib Attiya said “the activity of the strategic conference for training and technology transportation began […]

Dates in Basra

An official in the Iraqi Ports Department reported on Wednesday that a ship carrying Iraqi dates is en-route for one of the Gulf States, the first shipment of this once world-famous Iraqi product to leave the country since the U.S.-led invasion in 2003. AKnews reports that the director of the Department’s media office, Ammar al-Safi, […]

Cornerstone Laid for Housing Project in Basra

The foundation stone for a project to build 1,000 housing units for the Political Prisoners Association in Basra for  was laid on Thursday, according to the PPA chief. “The implementation of this project in Basra mirrors the central government’s care for political prisoners and recognises their sacrifices under the former regime,” Jassem Muhammad Jaafar said […]

Currency Counterfeiters Caught in Basra

An Iraqi police source said that army forces arrested a gang of currency counterfeiters during a security operation in Basra 550 km south of the Iraqi capital, Baghdad. The official source said that the gang consisted of two people, and the security forces found nearly $90,000 [105 million Iraqi dinars] of counterfeit currency on site, […]

Iraq's Ministry of Oil Invites You to Basra Oil & Gas 2010

Basra Oil & Gas Conference and Exhibition 2010, the most important oil and gas event in the oil rich city of Basra, will take place between 25th and 28th of November at the Basra International Fair Ground. We currently have 150 participants operating in the oil & gas industry from 25 countries. Our goal through […]