Iraq's Oil Minster, Abdul Kareem Luaibi [Elaibi], has opened the second unit of the Diwaniya refinery, which will produce 10,000 bpd, raising the total production to 20,000 bpd. The year-long project cost 63 billion dinars [$53 million] and was carried out in cooperation with the ministry of industry & minerals. The plant will produce: Naphtha: […]
Wasit Provincial Council is currently puting a committee together to discuss plans to transform Damlaj Lake into centre for tourism, according to a report from AKnews. The panel will discuss how to increase the 435 sq km lake's capacity of water storage, and to attract and discuss investment opportunities with foreign and domestic companies. The proposed […]
Two local governments started construction on more than 500 housing units to the west of the city of Diwaniya. Total investment in the scheme is said to be $84 million, according to Aswat al-Iraq. Ahmed Hashim, acting head of the Investment Commission, told the agency that the sites of the projects were handed over to […]
Iraq’s cabinet has approved a $692 million [810 billion Iraqi dinar] contract for the construction of a cement factory in southern Iraq, according to Arab News. Government spokesman Ali Al-Dabbagh (pictured) said the factory will be built in Diwaniya province, 150 km south of Baghdad, and will cover an area of about 185 acres. The […]
According to a report from Iraq's National Media Centre, the provincial government in Diwaniya will close the regional offices of mobile phone operator Zain Telecom on Saturday, in solidarity with the campaign to boycott the company to pressure it to improve its services. The Chairman of the council's Committee on Transport and Communications complained about […]
Diwaniya council has signed memorandums of understanding with two international companies to implement a number of projects in the province, according to the Aswat al-Iraq news agency. "Chairman of the council, Jubeir al-Juburi, signed memorandums of understanding with a representative of a Korean company to build huge oil-fueled generators," said Muayad al-Ansari, a media advisor […]
Levels of violence continue to creep up in Iraq. Tuesday’s deadly attack on a government building in Tikrit serves as a reminder that terrorist groups retain the ability to conduct horrific attacks in the country. Otherwise terrorist activity was concentrated in Baghdad and Mosul. The south saw a slight rise in activity but it remains […]
The urgent need for housing in Iraq is clear for all to see, with one government estimate putting the demand as high as 2.5 million new units by 2015, but who are the people who will supply that demand? Iraq Business News recently had the pleasure of interviewing one of the main players in Iraq's […]
AKnews reports that an Australian company has started construction on a new 400-bed hospital in Qadisiya. The five-story hospital, costing about $135 million, will be built on an area of 6,648 square meters by the Australian Construction Company (ACA) over a period of 33 months in the provincial capital, Diwaniyah. The hospital is divided into […]
With unrest in several Arab cities, many in the region are worried about the risk of contagion. The latest flashpoints are Egypt, Tunisia, Yemen, Jordan and Algeria; but is Iraq vulnerable as well? The people certainly have a lot to complain about. Electricity The heat and increased use of air conditioning put a major strain […]
