By John Lee. The Iraqi cabinet has agreed to allocate 3 billlion dinars [$2 million] to the Municipality of Baghdad to expand Street 77 and Street 80, and the Baghdad-Kut, Rustumiya road. The funding will be made from the emergency reserve for the fiscal year 2021. (Source: Govt of Iraq)
By John Lee. Linxon Sweden AB has signed a contract with the Iraqi Ministry of Electricity to build 132-KV power transmission stations in Baghdad, Kut and Diwaniya. The contract was signed in Stockholm in the presence of the Ambassador of the Republic of Iraq in Stockholm, Mr. Ahmed Al-Kamali. Linxon is a joint venture company […]
Iraq's National Investment Commission (NIC) in coordination with the Ministry of Migration and Dislocated are pleased to announce the investment opportunity of the construction of new housing compounds on the land lots which areas and ownership are shown in the table below: No. Province Area Ownership of land Type Type of Investment 1 Diwanyah 20 […]
By John Lee. The Ministry of Oil has extended the closing date for tenders for the new 100,000-bpd refinery in Kut. Companies interested in investing must submit their documents by the end of working hours on Tuesday, 4th October 2018. More information here. For further information please contact [email protected] or [email protected] (Source: Iraqi Ministry of […]
By John Lee. Iraq's Ministry of Oil has invited international companies to bid for three new oil refineries, to be build on BOOT or BOO bases: Kut, in Wasit governorate, with a capacity of 100,000 bpd; Hadeetha, in Anbar governorate, with a capacity of 70,000 bpd; Diwaniya governorate, with a capacity of 70,000 bpd. (Source: […]
By John Lee. The Ministry of Oil has extended the closing date for supplying information packs relating to the tenders for the new refineries in Kut and Samawa. The packs will be available until the close of business on 16th March 2017 (instead of Tuesday the 28th February), while the last date for receipt of […]
By Ammar Alsawad for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. On Feb. 28, hundreds of pro-Sadrist university students in Kut attacked Iraqi Prime Minister Haider al-Abadi's procession with stones and water bottles. Abadi's security forces fired tear gas and live […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Sajad Saadi has dreams of becoming the next Mark Zuckerberg, the now-seriously wealthy American who helped found Facebook while he was at university. And to get that particular party started, […]
By John Lee. Iraq's new oil minister, Jabbar al-Luaibi, has invited international oil companies to invest in four new oil refineries across the country: Kirkuk: 150,000 bpd; Kut: 100,000 bpd; Samawa: 70,000 bpd; and, Basra: 100-150,000 bpd. Contracts will be considered on both BOT (Build–Operate–Transfer) and BOO (Build–Own–Operate) bases. The Minister made the announcement during […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Abu Al Hawa market in Kut has been selling alternative remedies for around two centuries now. But as one historian points out, the place is about more than just self-medication. […]
By John Lee. A Malaysian firm has won a 71-billion Iraqi dinar ($61-million) contract to develop the southern area of Kut in Wasit [Wassit] province, according to a report from Al-Shorfa. Wasit governor Mahmoud Talal said: "The contract includes developing and rehabilitating the southern neighbourhoods of town by developing and paving streets and implementing water, […]
By John Lee. National Engineering Services of Pakistan (NESPAK) has awarded an irrigation project known as East Gharraf [Gharaf], reports The News. A spokesperson for the company said that Dr Mansoor Ahmad Hashmi, vice president of Water Resources Division at Nespak, will sign the agreement with the Ministry of Water Resources in Iraq by the […]
