This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Power Station Attack First Sign that Iraqi Kurdish Protestors are Ready to use Violence? Just after protests about power cuts, somebody fired rockets at a Chamchamal power station. Is this […]
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Qaiwan secures $105m Loans for Iraq Power Plant
By John Lee. Kurdistan's Qaiwan Group has secured two loans totalling $105 million to refinance part of the firm's investment in the 442-MW Bazian Power Plant (pictured). According to a report from Trade Arabia, Deutsche Bank has arranged an eight-year $75-million buyer credit, along with the Dubai branch of Lebanon's Bankmed. The finance is being […]
Exxon's Six KRG Oil Blocks Named
Kurdish oil minister Ashti Hawrami (pictured) has confirmed the names of the six exploration blocks awarded by the Kurdistan Regional Government to ExxonMobil: Al Qush, northwest of Erbil city and formerly assigned to Komet Group but withdrawn for lack of development; Bashiqa, southeast of Al Qush town; Pirmam in Erbil; Betwata; Qura-Hanjeer, southwest of Chamchamal; […]
New College of Education Started in Chamchamal
On Thursday, two Kurdish higher education officials laid the foundation stone of the College of Education in Chamchamal [Chemchemal], 45 km east of the oil rich Kirkuk, 255 km north of Baghdad. The Kurdistan Region’s minister of higher education and scientific research and the president of Sulaimaniya University jointly laid the stone for the $3.4m […]