Basra Governor, Shaltagh Abboud al-Mayah, discussed on Monday with Jordanian minister of finance businessmen’s contribution in the reconstruction operations in the province, according to an official statement. “The minister expressed his ministry’s readiness to provide all facilities and to receive Iraqi employees to train them in banking, accounting and tax,” said the statement received by […]
Tag Archives | Basra News
The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News
Approval on Service, Hygienic Projects in Basrah
Basrah province council, in its session held at the beginning of the current week, approved 49 water and hygienic projects which exceeded 130 Billion dinars funded from oil income and province borders taxes. In a statement to the committee, chairman of development and construction in local government Mustafa Ateeh, said to Eye media agency "The […]
Tags: Basra News, Public Works
Turkish Consul to Increase Investments in Basra
The volume of Turkish investments in Basra is so big and we will increase the number of Turkish companies working in the city to 1000 next year, the Turkish consul said on Monday. “Our main goal is to increase the number of Turkish companies working in Basra,” Ali Reda said during the inauguration of a […]
Basra Endorses 49 Service Projects
The Basra Provincial Council on Saturday endorsed 49 service projects in the fields of health and water at a total cost of 130 billion Iraqi dinars (ID), financed from oil proceeds and border outlet revenues in the province, according to the council's deputy chairman. "The council approved 27 water projects at 88.6 billion dinars and […]
Tags: Basra News, Public Works
International Fair in Basra
An international fair for food and agricultural products opened on Monday at Basra’s International Airport. “The fair will last for four days,” a local source told Aswat al-Iraq news agency. He noted that 150 local and foreign firms are participating in the fair. ( Aswat Al Iraq )
Lebanese, Turkish Discuss Housing in Basra
A group of eight Lebanese and Turkish firms on Monday discussed with Basra’s governor new housing compounds in the province. “We discussed housing projects in the province,” the Basra governor Shaltagh al-Mayiah told Aswat al-Iraq news agency. He noted that the Basra Local Authority encourages Arab and foreign companies to invest in the province. ( […]
Power Station Rehabilitated in Basra
Work has been completed to reinstate a power station in Basra province. “The project was finalized in two months,” a local media source told Aswat al-Iraq news agency. He noted that the project’s cost totaledID913 million. ( Aswat Al Iraq )
Indians Discuss Investment in Basra
Indian Charge d’ Affaires in Baghdad discussed on Monday with Basra deputy governor ways of boosting investment cooperation and the possibility to open an Indian consulate in the province, according to an official spokesman of the deputy governor. “Deputy Governor Nezar Rabia al-Jaberi discussed on Monday (May 24) with Indian Charge d’ Affaires in Baghdad, […]
Basra Council to Vote on New Projects
Basra Provincial Council will be voting on the new projects on Tuesday (May 18). “The projects are funded by Basra revenues from oil production and border points,” a source from the council told Aswat al-Iraq news agency on Tuesday. He noted that the council will have a meeting tomorrow to approve the projects. The oil-rich […]
Basra expects big participation at oil fair
The fair, which will be held between Nov. 25 and Nov. 28, aims to enhance the war-torn country's economic development, while focusing on Iraq's contribution to the future world energy supply.
Tags: Basra News, Exhibitions
Basra Bridge Budget Increased to ID500m
The Basra council decided on Wednesday to increase funds allocated to the al-Tanouma bridge project from 125 million to 500 million Iraqi dinars ($424,000), according to the chairman of the Basra council according to the Aswat al-Iraq news agency. “The extra money will be used to overcome difficulties facing the project,” he explained. “The approved […]
German Company Seeks to Increase Investments in Basra
A German company met with the Basra Investment Commission on Wednesday to discuss increasing its investments in the province, according to a commission official. “The IQ MARTRADE Company is considering investment in berth 8 at Khour al-Zubeir port, and is also keen to establish a factory to make oil pipes in the province,” Ahmad Wahied […]