The latest security news from Iraq – Baghdad & Iraq Provinces security reports and more – brought to you by Iraq Business News
Najaf Provincial Council has made a preliminary agreement with a Chinese company for it to build a power station, the head of the energy committee in Najaf told AKnews. He said the $79 million [95 billion Iraqi dinars] oil-fired station will have a capacity of 100 megawatts. According to AKnews, the agreement came after the […]
The director of construction and planning in Najaf Province announced on Wednesday that a site was allocated in Najaf to build a new international airport which shall be put forward for investment. Abdul Kareem al-Khawaja told Aswat al-Iraq that the new airport will have two runways specified to international standards.. Commenting on the existing Najaf […]
Turkish Airlines operated its first direct flight from Istanbul to Najaf on Tuesday. AKnews reports that the plane carried Turkish businessmen to the holy city. The airline will operate three flights from Istanbul to Najaf every week with plans to increase the number of flights gradually to reach 7 flights per week. Head of Najaf […]
According to a report from Bloomberg, the $130 million [150 billion Iraqi dinar] contract to build a 500-megawatt power station in central Iraq has been won by the Baghdad Company for Gas Turbines Ltd. The privately owned company was founded in 1993, and re-registered in 2003. The company is scheduled to build the natural-gas fired […]
According to a report from Azzaman, the Province of Najaf is to build 10,000 flats to house school teachers as part of a new policy to upgrade education in schools across the province. Governor Adnan al-Zarqai said his local administration has decided to place more emphasis on developing all aspects of education in the province. […]
Najaf Investment Commission has announced that it granted six new licenses for investment in various sectors, with a total value of $98.5 million [115 billion Iraqi dinars]. The head of the board, Wafi Albhash, told AKnews that the investment licences included: a five-star hotel valued at $36.2 million, consisting of 12-storeys, 210-rooms and 10 hotel […]
In a move to enrich Kufa University's educational and research activities, Kufa University president Dr. Abdul Razzak Al-Issa signed a broadband service agreement with Omnnea. The broadband service will be used to allow both Kufa University faculty and students to conduct research, hold video conferencing and to utilize e-learning curriculum. Dr. Al-Issa stated, "One of […]
Iraq's Minister for Transport has said a tender to build an airport in the Middle Euphrates region is expected to be floated in October. According to Reuters, he could not give an estimated cost for the project, which will be located between the holy Shi'ite southern cities of Najaf and Kerbala, but other sources estimate […]
The Najaf Investment Commission approved 17 investment licences to build a total of 19,000 houses in Najaf at a cost of $1.9 billion, according to the chairman of the commission, Wafi al-Bahash. Aswat al-Iraq reports that the Commission has recently approved more than 125 licenses in all fields, including 17 to Iraqi and foreign companies […]
A member of Najaf provincial council announced on Friday that Turkish Airlines will run four flights a week between Istanbul and Najaf airport, increasing to seven flight s a week from next month when services to five other Iraqi airports will begin. Abdul Hussein Abtan told AKnews that the civil aviation authorities in Iraq and […]
The manager of Najaf refinery has announced that the refinery’s contribution to the province’s economy exceeded 6bn Iraqi Dinars (IQD) in 2010. Laith al-Gharrawi [Laith al-Azzawi] told AKnews that the refinery refined 5.5m barrels of oil in 2010, bringing in a revenue for the province of 6.47 billion IQD ($5.5m), according to the law ratified […]
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 […]
