Tag Archives | Kerbala

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

Investment Opportunities in Iraq's Oil Refineries

By John Lee. Iraq's Minister of Oil has announced upcoming investment opportunities in the refining industry. Minister Hayan Abdul-Ghani said the plans include increasing refining capacities as follows: Al-Amarah refinery (150,000 barrels per day); Al-Muthanna refinery (100,000 barrels per day); Kirkuk refinery (100,000 barrels per day); Qayyarah refinery (70,000 barrels per day), and, a new […]

Karbala Oil Refinery to Begin Production in mid-March

By John Lee. The Iraqi Minister of Oil, Hayan Abdul-Ghani, has announced that the Karbala Oil Refinery will begin commercial production in mid-March 2023. The refinery's products, including gasoline and kerosene, will meet the highest European standards and specifications (Euro 5). Production capacity will gradually increase, reaching 140,000 barrels per day by the end of […]

Iraqi Youth Graduate from UNDP's Job Matching Project

Iraqi youth graduate from UNDP's job matching project The United Nations Development Programme (UNDP) celebrates the graduation of the first wave of Iraqi youth from a Job Matching Project implemented in partnership with the Ministry of Youth and Sports, local government in Karbala Governorate, and several private sector companies. A total of 150 unemployed Iraqis […]

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: