The latest Mosul Business News – security, company news, oil refineries and more – brought to you by Iraq Business News
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 […]
The Province of Nineveh [Ninawa], of which Mosul is the capital, will soon turn into a major oil producing region in Iraq, with output estimated at 200,000 barrels a day, an Iraqi oil official said. According to the report from Azzaman, the official, who refused to be named, said the crude will mainly flow from […]
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 […]
Overview Recent days have seen deadly suicide attacks in Mosul and Ramadi. There has also been a worrying increase in the number of shooting attacks in Baghdad. However, last week otherwise saw a slight reduction in the total number of attacks taking place in Iraq. Incidents were concentrated in the capital, with no incidents recorded […]
A housing project called Ayn al-Iraq, consisting of 20,000 residential units at a total cost of $2 billion, was announced during a ceremony at the Ninewa International Hotel in Mosul city, according to a report from Aswat al-Iraq. “The mega project is being implemented by 57 Iraqi and foreign companies at a cost of $2 […]
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 […]
Northern Iraq’s Batna Oil Field in Nineveh Province has resumed production after 20 year stoppage, an official at Nineveh Oil Comission said on Tuesday, The official expressed the hope that production would exceed 2,000 barrels per day (bpd). “The comissioning of Batna Field, one of the oil fields in northwest Mosul’s Zummar town, stopped more […]
A branch of the Project Management Institute (PMI) in the Arab Gulf was opened in the city of Mosul, to make a qualitative leap in managing projects, Ninewa's governor said on Wednesday. “The PMI opened a branch in the city of Mosul with around 120 engineers and administrators,” Atheel al-Nijiefi said at the 2010 development […]
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 […]
The Ninewa Investment Commission approved the building of a large shopping mall at a cost of 34.260 billion Iraqi dinars ($29 million), according to Aswat al-Iraq on Monday. The mall will be in the al-Nour neighborhood of eastern Mosul, and it will be built by a Turkish company. This is the Commission's 29th investment permit. […]
Iraq Minister of Water Resources, Jamal Rashid [Abdul-Latif Rashid], said that cracks in a water dam in Mosul are costing half a million dollars per year. The Minister said that his ministry is about to offer tenders for international companies to repair the cracks and to reach the stage where the essential level of water […]
Mosul's gas-fueled power station has been shut down due to an act of sabotage in western Mosul city, which cut the gas pipeline that feeds the facility, according to a report from Aswat al-Iraq. “A bomb hit the pipeline in the al-Mansoor area, western Mosul city,” said a release issued by the Iraqi Electricity Ministry […]
