The Mid-Euphrates provinces of Babel, Karbala and Najaf have reportedly agreed to build a new airport in Babel province. Babel Deputy Governor, Engineer Ali Abdul Siheil, told AIN that the airport will be built by the French Company EDB at a cost of $2 billion. “There were extended meetings held among the representatives of the […]
Tag Archives | Karbala
The latest business news from Karbala, Iraq – oil, power, rail, housing projects & more – brought to you by Iraq Business News
Tags: Airports, Babel, EDB, France, Karbala, Kerbala, Middle Euphrates International Airport (MEIA), Najaf
40,000 Houses to be Built in Karbala
By John Lee. The National Investment Commission (NIC) has announced its intention to sign a contract with the local government of Karbala province to build 40,000 houses. NIC Chairman Sami al-Araji (pictured) said the housing complex (Thifaf Karbala), will be built by the UAE-based Bloom Properties, and is expected to be completed within eights years. (Source: […]
Tags: Bloom Properties, Housing, Karbala, Kerbala, National Investment Commission, NIC, UAE, United Arab Emirates
Over 2.5m Tourists Visited Iraq in 2012
By John Lee. Azzaman reports that more than 2.5 million tourists visited Iraq in 2012, most of them on pilgrimage to the country’s holy shrines. Data issued by the Ministry of Antiquities and Tourism show that Iraq has become a top destination for Muslim, mainly Shiite, tourist. The numbers are reportedly the largest since the country […]
Video: Iraqis Preparing to Mark Arbaeen
Iraq’s holy city of Karbala is hosting a religious ritual described as one of the largest in the country, reports Iran's PressTV, which says that more than nine million Shias from Iraq and other countries have poured into the city to commemorate Arbaeen. Arbaeen marks the 40th day after the martyrdom anniversary of Imam Hussein […]
New Housing Complex to be Built in Karbala
Karbala Investment Commission has laid the cornerstone for the housing complex in the Zahra neighborhood in Hindiya district, southern Karbala. The deputy chairman of the Commission, Ahmed al-Maliki, said the project would involve 500 housing units, an elementary school, kindergarten, nursery, markets, public parks and infrastructure services. It will be built on a 60-acre site […]
Tenders for Karbala Airport by End of Year
By John Lee. Zawya reports that Iraq’s government will invite international tenders for the Middle Euphrates Airport in Karbala before the end of December this year. Dr Abbas Hassani, the head of the Construction and Strategic Planning Committee in the provincial council, said: "Aeroports de Paris Ingenierie (ADPi) has completed the design, which cost $42m. […]
Tags: Aeroports de Paris Ingenierie (ADPi), Karbala, Kerbala, Middle Euphrates International Airport (MEIA), tenders
$4bn for New Refinery in Karbala
By John Lee. The Ministry of Oil has allocated $4 billion for the construction of a new refinery in Karbala. According to a report from Azzaman, the 150,000-bpd refinery will take four years to complete and it will be built by Iraqi technicians and engineers under the supervision of a team of international experts. The […]
250MW Power Station Opened in Karbala
Deputy Premier for Energy Affairs Hussein al-Shahristani (pictured) has opened a new 250-MW, gas-fired power station in Karbala. Sharistani said that the government is working on electricity generating stations in Babel, Karbala and Anbar provinces, while another 250-MW station will be opened in Hilla in the coming days. Iraq recently announced that it also plans […]
Work Starts on $200m Karbala Housing Project
By John Lee. The director of Karbala Investment Commission has announced that the cornerstone for a major housing complex has been laid. Ta'if Abdul Hussein told Aswat al-Iraq that the project will be implemented by a Turkish company along the highway linking Karbala and Najaf. The project consists of 1260 housing units, with associated infrastructure, […]
Passavant-Roediger Wins $23m Deal in Kerbala
By John Lee. Passavant-Roediger GmbH, a subsidiary of Dubai-based Drake & Scull, has won a contract to design and build a sludge treatment system for a wastewater plant in Kerbala. According to a report from Bloomberg, the contract is valued at about $23.4 million. Twelve sludge digesters will be installed, and the project will include […]
Thanks to syria, Gun Trade Grows in One of Iraq’s Safest Cities
By Mohammed Hamid al-Sawaf. 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. Syrian violence has seen illegal weapons dealers in Iraq get richer. Now even the relatively safe, prosperous city of Karbala, where locals must check their […]
Mid-Euphrates Airport to be Managed by Babel, Karbala, Najaf
By John Lee. The Provincial Council in Babel [Babil] has voted unanimously for "the participation of each of Karbala, Babil and Najaf provinces in managing the Mid-Euphrates airport, which is hopefully established in the land among the three provinces". The Head of the Investment Committee in the Council, Mahdi Aakul, told AIN: "The participation will […]