By John Lee. French company Schneider Electric has won a contract to build a power plant in Iraq. The 64MW plant will be built in the Nasir district in northern Dhi Qar province, near the stadium in the area. Schneider employs more than 140,000 people in over 100 countries. Last year revenues were $32bn. (Source: […]
By John Lee. The Gharraf [Garraf] oil field in Thi Qar [Dhi Qar] province, 85km north of the City of Nasiriyah, produced its first commercial output of oil on 31st August. Iraq's Ministry of Oil said the flow rate was 35,000 barrels a day, and peak production of 230,000 bpd was expected in 2017. Japan […]
By John Lee. The Thi Qar Investment Commission has approved an Investment License for a $60 million (USD) affordable housing project being developed by Iraq Dream Homes, LLC, a U.S. affordable housing development firm. The housing project “An Nasiriyah Dream Homes-Phase I” consists of 400 units of single-family affordable homes in a master-planned, sustainable community […]
By John Lee. The Iraqi province of Dhi Qar (Thi Qar) may get it's own oil company, according to a report from AIN. The Deputy Prime Minister with responsibility for Energy Affairs, Hussein al-Shahristani (pictured), discussed the issue with the Deputy Chairman of Dhi-Qar Provincial Council, Hadi Mohan, at his office in Baghdad. Shahristani instructed to […]
Levels of violence fell in Iraq last week, but the overall number of attacks was still above average. At least 69 people were killed and 179 injured in nationwide incidents. A total of 48 bombings left 42 people dead and over 160 injured. A rise in small arms attacks left 27 people dead and 11 […]
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 […]
A US company named as "EBM" is said to be considering investment in Thi Qar [Dhi Qar] province, according to Aswat al-Iraq. Luay Kheirallla, the director of Thi Qar Investment Commission, said that the company visited the area to investigate investment opportunities in fields of housing and tourism. (Source: Aswat al-Iraq)
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 […]
The Iraqi government has awarded contracts worth $199 million to two construction companies to build 2,000 homes in the southern provinces of Thi Qar [Dhi Qar] and Muthanna, reports Bloomberg. Markez Inc., an Iraqi-American company incorporated in Maryland, but with no contact address on its website, secured a $139 million deal to build 1,000 homes […]
Thi Qar [Dhi Qar] Investment Commission has granted a new investment licence to build 850-housing units in Shatra, in the north of Nassiriya city. The project, to be implemented by an Iraqi company, will cost $150 million [180 billion Iraqi dinars]. Another housing complex with a costing $16.5 million, and a $15 million shopping mall […]
The Entico Corporation is pleased to announce the Maysan and Thi Qar Reconstruction & Investment Summit on the 12th and 13th of May at the Grand Hyatt Hotel, Dubai, UAE. The event will be held under the patronage of H.E. Dr Khudier AlKuzai, Vice President of Iraq. The southern Iraqi provinces of Maysan and Thi […]
The Agency for Technical Cooperation and Development (ACTED) reports that 93% of entrepreneurs involved in its pilot apprenticeship scheme in Thi Qar [Dhi Qar] Governorate reported satisfaction with it, according to survey results assessing the scheme’s overall economic benefit and impact. Other preliminary findings are similarly positive: 69% of trainer employers reported that they increased […]
