By John Lee. Progress on combined-cycle power generation projects in four central Iraqi provinces has been reviewed in a meeting between the Minister of Electricity and representatives of Chinese contractor Shanghai Electric. The projects cover stations in Najaf, Karbala, Diwaniyah, and Babil. According to the Ministry of Electricity, Minister Ali Saad Wahib directed the company […]
By John Lee. Electronic applications for loans from the Iraqi Housing Fund are to open on 23 August for a four-day period, with each day allocated to a different group of governorates. Applications open at 10am on the day assigned to each governorate. According to the Ministry of Construction, Housing and Public Municipalities, the schedule […]
By John Lee. Iraq has announced that executive procedures for its one-million-residential-plot initiative will begin on 1 September 2026, with provincial governors directed to finalise land identification and complete the necessary legal and administrative steps. According to the Prime Minister's Office (PMO), Prime Minister Ali al-Zaidi chaired the fourth session of the Supreme Coordination Council […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Electricity expenditure in Iraq 10 times higher than actual need: NGO The money spent on Iraq's electricity sector is 10 times higher than what is actually required to provide full power supply, the head […]
By John Lee. According to the Ministry of Electricity, current electricity generation has reached around 22,000 megawatts, with governorate allocations calculated based on net generation after accounting for exemptions including government hospitals, water stations, losses, loads and auxiliary equipment. The ministry said allocations are distributed according to approved percentages set by the Higher Coordination Committee […]
By John Lee. The Ministry of Construction, Housing, and Municipalities has opened the Sayyid Mohammed Mohammed Sadiq Al-Sadr Bridge in Diwaniyah, improving connectivity and traffic flow within the city. The bridge, inaugurated by the Director General of Roads and Bridges Hussein Jassim Kadhim in the presence of Diwaniyah Governor Abbas Al-Zamili, has a total length […]
By John Lee. The Iraqi government has approved annual allocations of IQD 100 billion (USD 76.3 million) for each province covered by the Reconstruction Fund for the Most Impoverished Areas. The funding applies to five provinces: Basra Babil Diwaniyah Muthanna Najaf The allocations form part of ongoing efforts to support development and improve economic conditions […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Saturday laid the foundations of three integrated water and infrastructure projects in the districts of Al-Shafiya, Nafar, and Al-Salahiya in Al-Diwaniyah province. The projects, covering wastewater, stormwater, transmission lines, and pumping and treatment stations, have a total cost of approximately 114 billion Iraqi dinars (about USD […]
By John Lee. The Iraqi Oil Exploration Company has completed the two-dimensional seismic survey programme at "Ziggurat-Uruk" in Muthanna and Diwaniyah provinces ahead of schedule. Director General Osama Raouf Hussein visited the Fourth Seismic Team on Thursday and praised the national workforce for completing the project 12 days earlier than planned, achieving 104% of the […]
By John Lee. Iraq's Ministry of Oil has started work to expand the Diwaniya Refinery by adding a new 70,000-barrel-per-day (bpd) processing unit, bringing the refinery's total capacity to 90,000 bpd. Minister of Oil, Eng. Hayan Abdul Ghani, confirmed the Ministry's commitment to enhancing production at Iraqi refineries, with a focus on achieving self-sufficiency in […]
By John Lee. At the 5th Baghdad International Water Conference, Iraq and Germany officially launched the joint Climate-resilient Water Resource Management (CWRM) project-an initiative designed to address Iraq's deepening water crisis with sustainable and practical solutions. Implemented by the Ministry of Water Resources in cooperation with Germany's development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), […]
By John Lee. Iraq's Ministry of Finance signed two new credit agreements on Tuesday with the French development agency, Agence Française de Développement (AFD), to finance critical infrastructure projects in the sanitation sector. The first agreement includes a €30-million supplementary loan for the sewage project in Khalidiya district, Anbar, raising total funding for the project to […]
