The latest business news from Karbala, Iraq – oil, power, rail, housing projects & more – brought to you by Iraq Business News
There are obstacles that curb the execution of the Karbala-Anbar railroad, a member of the Karbala Provincial Council said on Monday. “The railroad passes through an archeological site between the two provinces,” Hussein Shadahan told Aswat al-Iraq news agency. He added that the Iraqi Transportation Ministry originally approved the project around four months ago. (Source: […]
(Source: Aswat Al Iraq) The second bridge was opened in Karbala on Thursday at a cost of 10 billion dinars [$8m], according to the governor’s media spokesman. “Municipalities Minister Riyad Gharieb, Health Minister Saleh Mahdi al-Hasnawi, Karbala Governor Amal al-Din al-Herr and Representative of the UN in Karbala, Ali Kamouna, as well as political and […]
The Iraqi Water Resources Ministry began work on Tuesday to implement a water management project in Karbala province. “The project is to be executed by the ministry’s staff,” the ministry said in a release as received by Aswat al-Iraq news agency. It said that the project is funded by Iraq with ID5 billion, but executed […]
A delegation representing two Turkish companies expressed readiness to implement health and housing projects in Karbala, the head of the Karbala council said on Tuesday. “The Turkish delegation presented housing and health proposals to be implemented in Karbala, including the establishment of two specialized hospitals,” Mohammad al-Moussawi told Aswat al-Iraq news agency. “The local government […]
The extension of two sewage networks has been completed in Karbala at a cost of 32 billion Iraqi dinars , the head of the reconstruction and strategic planning committee said on Tuesday. “A local company has finalized the project at a cost of 32.515 billion Iraqi dinars,” Dr. Abbass Nasser Hasani told Aswat al-Iraq news […]
An international industrial fair was opened in the holy Shiite city of Karbala on Thursday, with participation from 100 firms from all over the world. “Chinese, Spanish, Zimbabwean, Egyptian, African, Asian and Gulf countries are taking part in the 20-day international event,” Fahim Naji, the managing editor of the Chinese organizer, told Aswat al-Iraq news […]
Work continues on the start of a project to build 250 low-cost housing units in Karbala province. “The units will be allocated to poor families in the province,” a provincial source told Aswat al-Iraq news agency on Sunday. She explained that each unit will cost ID10 million. “The 250 units will be completed within four […]
Karbala’s Investment Commission on Tuesday signed a Memorandum of Understanding with a group of eight Romanian firms that are willing to invest in the province. “The document indicates investment projects within the fields of housing, farming, environment, and roads,” a local source told Aswat al-Iraq news agency. He noted that the Romanian delegation has been […]
The value of Iranian exports to Iraq is expected to exceed $8 billion this year, Iranian embassy’s commercial attaché in Baghdad said. Ali al-Haydari said Tehran’s trade and commercial links with Baghdad boomed shortly after the overthrow of the former regime by the U.S. in 2003. The exchange of trade was a trickle under former […]
Two sanitary sewage projects were finalized in the district of al-Hindiya, eastern Karbala, at a total cost of nearly two billion Iraqi dinars (roughly $1.6 million), a local service official said on Sunday. “Two local firms finalized two projects for sewerage in al-Hindiya, (20 km) northern Karbala, at a cost of 1.994 billion Iraqi dinars,” […]
The first international commercial conference was opened on Monday by the Karbala Chamber of Commerce, with the participation of the Indian ambassador to Baghdad and the Karbala governor. “Our embassy will do its best to improve investment operations in Iraq and Karbala” said the Indian ambassador. “This investment conference is one of a series to […]
A Chinese company delegation has signed a memorandum of understanding (MoU) to carry out three housing and commercial projects in Karbala.
