The latest business news from Karbala, Iraq – oil, power, rail, housing projects & more – brought to you by Iraq Business News
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.
Central markets have resumed trading in the holy province of Karbala for the first time since the 2003 U.S.-led invasion of the country, a local official said on Thursday. “We have started to activate central markets, which have been idle for the past years due to the absence of subsidy and a lack of cheap […]
The Karbala Provincial Council has allocated around ID 30 billion (approx. $25m) to pave a number of roads in the province, a local official said on Wednesday. “The total length of the roads is 100 km,” Abbass Nasser Hassani, member of the council, told Aswat al-Iraq news agency. He said that the roads are located […]
A committee has been formed in Karbala on Wednesday to specify fees for sand transportation from the province to other places in Iraq. “The process aims at increasing Karbala revenues in 2010,” Tareq al-Kheqani, a member of the Karbala Provincial Council, told Aswat al-Iraq news agency. He said that the new revenues will be devoted […]
Around 11 thousand tons of wheat arrived in Karbala province on Tuesday, said a member of the Karbala Provincial Council. “The wheat is imported from Australia,” Tareq al-Kheqani told Aswat al-Iraq news agency. He said that flour will be distributed to people in Karbala within one week to push down an increase in flour prices […]
