The latest Karbala investment news – Housing Crisis Karbala / Kerbala, building project, construction and more – brought to you by Iraq Business News
By John Lee. Iraq signed an agreement to build a 525-MW solar power plant in Karbala. The project will be built by a consortium of companies led by the Norwegian Scatec, whose main shareholder is Equinor (formerly Statoil). Also involved are Egypt's Orascom and Iraq's Al-Bilal. The signing comes after recent announcements of renewable energy […]
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 […]
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 […]
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:
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 […]
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 […]
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 […]
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 […]
By John Lee. Iraq has reportedly announced plans to build affordable homes for workers in Karbala. According to Trade Arabia, large plots of land have been already allocated for the project, which will be funded by local investors and the General Federation of Iraqi Workers. More here. (Source: Trade Arabia)
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Pollution in southern Iraq is being blamed for killing thousands of fish. Locals say the government has allowed sewage to poison the livelihoods of fishermen. Al Jazeera's Simona Foltyn reports from Karbala province:
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Despite COVID-19, political crisis, Iraqi Shiites march on Karbala The commemoration of Arbaeen in Iraq was different this year due to the unique circumstances of the pandemic and political conflict. Shiites across the […]
By John Lee. The new Chair of Iraq's National Investment Commission (NIC) has been visiting investment opportunites throughout the country. During a visit to Wasit Province, Suha Dawood Najar [Suha Dawud Elias Al-Najjar] (pictured) said that Iraqi investors hae the financial and professional capacity to gear up with the Iraqi economy, especially if partnered and […]
