Tag Archives | Kerbala

The latest Karbala investment news – Housing Crisis Karbala / Kerbala, building project, construction and more – brought to you by Iraq Business News

New Paper Factory opened in Karbala

By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has opened the Al-Kawthar Paper Factory in Karbala. The plant has a capacity of 250 tons of paper per day, which covers 17 percent of the Iraq's needs. It can also produce 150 tons per day of cartons, covering 15 percent […]

Iraqi Cabinet Approves Scatec Solar Projects

By John Lee. The Iraqi Cabinet has approved the Ministry of Electricity entering into a the contract for the construction of two solar energy projects in Karbala (300 megawatts) and Alexandria/Iskandariya (225 megawatts). The Ministry of Oil had previously announced the project in October, involving a consortium of companies led by the Norwegian Scatec, whose […]

CITIC Construction Wins $3.7bn Iraq Power Deal

By John Lee. China's CITIC Construction has won the bid for the first and second phases of AI Khairat heavy oil power plant in Iraq. Yang Jianqiang, Deputy President of CITIC Construction, held talks with Mazin Wajih, Chairman of Harlow International, in Dubai representative office, and received the letter of acceptance issued by Mazin Wajih. […]

PM Doubles Allocation of Visas for Arbaeen

By John Lee. Iraqi Prime Minister Mustafa Al-Kadhimi has ordered a doubling of the number of visas granted to visitors from Islamic countries who want attend the Arbaeen pilgrimage in Karbala. Just days ago, Iraq's Supreme Committee for Health and National Safety has approved the entry of 30,000 thirty thousand visitors from Iran and 10,000 […]

Iraq Approves 40,000 Foreign Pilgrims for Arbaeen

By John Lee. Iraq's Supreme Committee for Health and National Safety has approved the entry of 30,000 thirty thousand visitors from Iran and 10,000 from the rest of the world to attend the Arbaeen pilgrimage later this month in Karbala. Visitors will be required to show evidence of negative PCR test for COVID conducted within […]

Video: COVID and Security Concerns over Ashura in Iraq

From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Preparations are under way in Karbala to mark Ashoura, a Shia Muslim commemoration. People have started heading to the city despite concerns about security and COVID-19. Al Jazeera's Mahmoud Abdelwahed reports from Karbala:

Innovative Projects Launched in Karbala

Three innovative projects focusing on environmental sustainability, jobs for unemployed youth and digitization of the public sector have today been launched by the United Nations Development Programme (UNDP) in Iraq in partnership with the Governorate of Karbala. The project launches reaffirm UNDP Iraq's commitment to supporting communities in Karbala, and included: Job Matching for Karbala […]

Video: Activist's Killing triggers Protests in Karbala

From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Protesters in the Iraqi city of Karbala are demanding answers after an anti-government activist was shot dead in an apparent targeted killing. Ehab al-Wazni was killed close to his home by gunmen in […]

GE Closes Financial Deal for Iraqi Electricity Projects

Iraqi Ministry of Finance and GE Mark Financial Close of Power Up Plan The Iraqi Ministry of Finance (MoF), GE and their financial partners have celebrated the financial close -- a critical milestone that marks the final step of a loan agreement becoming effective -- of the Power Up Plan 4 (PUP4). Under PUP4, GE […]

Iraqi Cabinet approves New "Alternative Energy" Power Plants

By John Lee. The Iraqi Cabinet has agreed to approve a recommendation from the National Investment Commission (NIC) for the Ministry of Electricity to proceed with an investment project for the construction of seven "alternative energy" power plants. The new power stations are to be built in Karbala, Wasit, Babylon, and Al-Muthanna provinces. (Source: Govt […]