The latest Kirkuk, Iraq Business News – security, land, farming, infrastructure and more – brought to you by Iraq Business News
Overview Levels of violence have been rising in Iraq over the past four weeks. The increase has been gradual, but consistent and last week saw more than 40 attacks reported countrywide for the first time since mid-December. Recent days have seen a particularly concerning rise in militant activity and social tensions in the northern city […]
Overview Levels of violence rose slightly in Iraq last week, although conditions have generally been quiet so far in 2011 and the number of weekly security incidents has not yet exceeded 40. The majority of violence is currently taking place in Baghdad and Mosul, although last week saw several attacks in the provinces of Anbar […]
Overview Last week saw considerable violence in Iraq, particularly in Baghdad. There was also a spate of attacks in Mosul and two especially bloody bombings in Karbala. Over 100 fatalities and up to 250 injuries were recorded in total around the country. There was also an increase in targeted shootings in the capital, resuming a […]
Iraq’s Kirkuk province resumed power supplies to the national grid on Friday, after a deal that ended a dispute this week over the provision of electricity. The oil-rich northern province that produces more electricity than it is allocated, announced on Monday that it would stop supplying power to the national network, a decision it implemented […]
According to a report from AFP, Iraq's northern Kirkuk province said it had stopped supplying electricity to the national grid on Tuesday, in a bold move to force the central government's hand in a dispute over power rationing. "Kirkuk province has decided to cut the power going out from its electricity stations to other provinces […]
Trends in 2010 demonstrated that violence is still a concern in Iraq. With opportunities for investment arising in 2011 the outlook for the country is fast improving, but companies looking to take part in Iraq’s economic redevelopment will have to take security into consideration if they are to succeed. Weekly Violence The above chart shows the […]
Overview Last week saw a rise in the number of attacks taking place in Iraq. Militant activity was concentrated in the centre of the country and in the northern city of Mosul. There were at least three suicide bombings in Anbar and Ninawa provinces while a Kurdish civilian was reportedly kidnapped in Kirkuk. As warned […]
Kirkuk Investment Commission said on Sunday that 3 Iraqi companies are competing for the contract to build a mall worth 3 billion Iraqi dinars [$2.6m] in the city. The Investment Commission added that there is also a plan to build 800 residential units to the south of Kirkuk. (Source: Al Sumaria TV)
A new wireless broadband network is to be launched in Iraq by Fanoos Telecom. Fanoos will begin deployment of the WiMAX network in Sulaimaniyah, Mosul and Kirkuk, using the existing tower infrastructure from AsiaCell. Rollout is expected to be complete by the end of the year. The network will address both the residential and enterprise […]
Iraq plans to build four new refineries with an announcement expected in 2011, the country's deputy Oil Minister Motassam Akram Hassan said on Sunday, adding that the bidding round could be conducted for all four refineries at once. Reuters reports that total expenditure on the four plants is expected to be at least $9 billion. […]
Speaking to AKnews on Friday, Kirkuk Council member Ahmad Askari said Kirkuk's budget for 2010 was 121 billion Iraqi Dinars ($103 million), but so far only $34m has been spent on providing services; according to the provincial councils' law the reminder should be returned to Baghdad, if not spent. "It is unlikely that the province […]
Work has started on a bridge a linking Kirkuk to Mosul at a total cost of 6 billion Iraqi dinars [$5m], as part the Provincial Development Budget (PDB) for the year 2010, a local official in Kirkuk told Aswat al-Iraq news agency. “The Sadr al-al-Nahr bridge will link Mosul to Kirkuk in the district of […]
