The latest Mosul Business News – security, company news, oil refineries and more – brought to you by Iraq Business News
By Harith Hasan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Mosul, the capital of Ninevah province, has become one of the most important strongholds of al-Qaeda in Iraq. The city’s large area and its borders with Syria and Turkey make it of […]
By John Lee. A source at Mosul Airport has told Reuters: "Security forces closed Mosul airport without giving any reason. All flights are cancelled. "To begin with [the authorities] said there was information about a hijacked plane, and then they said it was closed for maintenance purposes, but there are no maintenance works." The closure […]
According to police, at least 11 people were killed and 28 more wounded in the latest violent wave of attacks in Iraq on Monday. Xinhua News, quoting an anonymous police source, said that three people were killed and 20 others injured when a car bomb exploded in a market in the Tall Afar area west […]
By John Lee. According to a report from World Bulletin, a new 750-megawatt (MW) power plant in Mosul city is planned to be completed and operating by September 2013. Build and run by Turkey's Calik Energy [Calik Enerji], it will be Iraq's fourth-largest power station; the company's other plant at al-Khairat in Karbala is the […]
By Abdullah Salem. 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. After extremists set off bombs on Iraq’s most dangerous oil field, the resulting fire burned for a month. The result: toxic smoke, two deaths, accusations, environmental […]
Kartet, a subsidiary of the Turkish conglomerate Karadeniz Holding, has reportedly re-applied for a licence to export 200MW from Turkey to Iraq. According to the report from Argus, such exports ceased in 2011, but Kartet has applied to export power through the 154kV Turkey-Iraq power interconnector. The regulator EPDK will give other firms until 20th […]
By Saleh Elias. 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. An old Mosul mechanic is shocking locals by restoring scrapped, vintage cars and making lots of money. The aging mechanic even talks to the vehicles to […]
By John Lee. The Iraqi Government and Lufthansa Consulting continue their successful collaboration to establish international standards for the country’s future aviation development: During the recent Iraqi-German Business Forum in Berlin, the Governor of the Nineveh Governorate, H.E. Athil Abdulazeez Al Najafi, and Lufthansa Consulting signed a Memorandum of Understanding regarding the development of Mosul […]
By John Lee. The board of the Export-Import Bank of the United States (Ex-Im Bank) voted to guarantee a JPMorgan Chase loan totaling $35 million to Devco International LLC (Devco) of Tulsa, Okla., for the design and construction of a sulfur purification plant in Mosul, Iraq. Ex-Im Bank's financing will support approximately 380 U.S. jobs, […]
By John Lee. UNESCO's Iraq Office and the Governorate of Ninewa signed an agreement to start a project under which UNESCO will carry out a complete set of studies to protect one of the region's historical icons: Al Hadba Minaret. After several meetings and an expert mission, UNESCO Iraq Director Mohamed Djelid met on Friday, […]
By Abdul-Muhaymen Basel. 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. In Mosul, still one of the most dangerous cities in Iraq, wearing a suit makes you a target for kidnapping or murder. The unexpected result of […]
Levels of violence fell in Iraq last week, but the overall number of attacks was still above average. At least 69 people were killed and 179 injured in nationwide incidents. A total of 48 bombings left 42 people dead and over 160 injured. A rise in small arms attacks left 27 people dead and 11 […]
