The investment commission in Basra has revealed a project to build 552 housing units in Basra’s Faw district, the head of the commission said on Monday. “Each unit is made up of three stories and 12 apartments of 100 square meters each,” Haydar Ali told Aswat al-Iraq news agency. A theme park project will also […]
Tag Archives | Basra News
The latest news from Basra – renovation, building, investment & more – brought to you by Iraq Business News
Bulgarian Trade Delegation Meets Basra Officials
Sheikh Ahmed al-Seleity received a trade delegation from Bulgaria and the trade attaché in the Bulgarian embassy in Baghdad to facilitate investment in Basra
Drainage System in Basra
Work has begun on a drainage system project in Basra’s al-Qibla area at a total cost of 21 billion Iraqi dinars.
Dutch Firm to Launch Investment Ventures in Basra
Basra’s Governor Shaltagh Abboud al-Mayyah said on Sunday that he discussed with the Dutch company IPS means of launching investment ventures in the southern Iraq city.
Turkish Businesses to Invest in Basra
The Governor of Basra Province Shiltagh Aboud discussed with the Turkish Chancellor in Basra Ali Ridha as well as Turkish businessmen opportunities of investment in the province.
Turkish interest in Basra
The governor of Basra has met with the Turkish consul to discuss possible investment opportunities in the province, an official statement said on Tuesday. The meeting was also attended by members of a Turkish association, according to a statement released by the governor’s office and received by Aswat al-Iraq news agency. The visit aims to […]
Wool Exported to Iran
Local wool has been exported to Iran through the Abu Falous Port in Basra province, the public relations and media director at the State Company for Iraqi Ports said on Sunday. “The Iranian ship Rahmat has landed at Abu Falous Port to transport Iraqi wool to Iran,” Anmar al-Safit told Aswat al-Iraq news agency. ( […]
Outrage in Basra as Kuwait drills cross-border deposits
A Kuwaiti project to drill an oil deposit shared with Iraq has sparked outrage in Iraq's southern oil province of Basra.
Workers strike and demonstrate in Basra
Last week as many as 700 workers at the 150,000 barrel per day refinery 16 kilometers west of Basra held a three-hour strike.
Kuwait Developments:Progress alongside Iraq.
It has been an exciting few weeks in Kuwait where the Government approved a $104bn development plan - the proximity and historic links to Basra where similar high impact developments in the oil and gas sector are starting, promises to create economic heat in the North of the Gulf.
Compressors for Basra
The project to install and operate central air compressors at the shipyard of the Iraqi Ports Company in Basra has been completed. “The compressors are of the reciprocating type,” Anmar al-Safi, the company’s media director, told Aswat al-Iraq news agency on Thursday. He said that the project was executed by the company’s technical staff. ( […]
Residential Compounds for Oil Companies in Basra
An investment permit will be given to an Iraqi-Turkish company to establish residential compounds for oil firms in Basra, a local source said on Tuesday.


