The latest Karbala investment news – Housing Crisis Karbala / Kerbala, building project, construction and more – brought to you by Iraq Business News
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Karbala Provincial Council announced March 3 the formation of a committee to follow up on the issue of adding the city — which is home to about 300 […]
By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Ibtisam al-Hilali, a member of parliament for the Karbala governorate and member of the State of Law Coalition, led by Nouri al-Maliki, stated Feb. 12 that the governorate’s provincial […]
The largest cargoes ever to arrive in Iraq have been unloaded at Basra Multipurpose Terminal (BMT), in the port of Umm Qasr. The four LPG Bullets with unit weights of 665 tons were carried on the MV Happy Star. They measure 65 meters in length and 12 meters in diameter, and will be used at […]
By John Lee. AFP reports that Iraqi officials laid the cornerstone of a new Mid-Euphrates Airport, 35 kilometres (20 miles) south of Karbala. The $500-million project will be carried out by the UK-based Copperchase, with work supervised by the Khayrat al-Sibtein company, which belongs to the Imam Hussein shrine (pictured). During the ceremony, Karbala Governor […]
By Changiz M. Varzi for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. A day after millions of Shiite Muslims marked Arbaeen, the annual pilgrimage to the Hussein mosque in the Iraqi city of Karbala, the front pages of Iranian dailies on […]
By John Lee. Singapore-based Electro-Voice has supplied the sound system for the recently opened Karbala Olympic Stadium in Iraq. According to Entertainment Technology Press, audio for the project was provided by Baghdad-based APCO Electronics, which chose a sound system from Electro-Voice, including a multi-zone digital audio system, horn-loaded loudspeakers, amplifiers, microphones and wireless systems. The […]
By Wassim Bassem for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. When the Iraqi Commission of Integrity Court entered a default judgment Oct. 16 against the head of the Karbala Real Estate Registration Directorate, ordering her imprisonment for tampering with […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Every year, the number of pilgrims visiting religious sites in Iraq increases. After Iranians were not allowed to travel to Mecca to perform the hajj this year due […]
By John Lee. Work on a the $6-billion Karbala Refinery Project has reportedly been suspended. According to Korea Times, the work has been halted "due to the Iraqi government's late construction payment, raising concerns about its solvency." The Engineer, Procure and Construct (EPC) contractor for the Karbala Refinery Project is HDGSK, a South Korean joint […]
By John Lee. ALE has been awarded several contracts at the Karbala Refinery Project. The deals include the provision of approximately 50 crawler, rough terrain and mobile cranes, the execution of heavy lifting operations, as well as the heavy transportation of approximately 45 oversized items, weighing up to 250 tonnes each. The project has already […]
By Wassim Bassem, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Once-lively Caravan Stops Crumble Along Abandoned Silk Road In an interview with Al-Monitor, 85-year-old Hussein Khazraji described how he used to cross the distance between his hometown, Najaf, and Karbala on foot in the […]
Honeywell has announced that it will provide industry-leading process technology and advanced automation controls to Iraq’s Karbala refinery, now under construction in Karbala Province, about 120 kilometers south of Baghdad. According to a statement from the company, the grassroots refinery will use industry-leading refining processes from Honeywell UOP and automation controls from Honeywell Process Solutions […]
