By John Lee. Rotana has opened a new 5-star hotel in Iraqi Kurdistan. According to a press release, the Slemani Rotana features 240 spacious rooms and suites with a convenient location on Salim Street in the center of Sulaymaniyah. Facilities include a state-of-the-art gym, a spa, a piano bar, and a variety of restaurants. The […]
Prime Minister Masrour Barzani has laid the foundational stone for the Kurdistan Regional Government's Wheat Marketing Project in Slemani (Sulaymaniya). The $122 million project will be implemented by Qaiwan Group, in accordance with international standards, and finalized by 2025. At the inaugural ceremony, the Prime Minister described the agriculture project as a strategic investment to […]
By John Lee. KRG Prime Minister Masrour Barzani recently laid the foundation stone for a new 100-metre wide highway in Slemani (Sulaymaniyah). The 146-kilometre road will be built in three phases through a cost-sharing arrangement between the KRG and the Qaiwan Group. The first stage, valued at IQD 400 billion ($336 million), is planned to […]
Mott MacDonald has been appointed by Qaiwan Group to provide engineering, procurement and construction management services for the new Xarajyan oil terminal in Iraqi Kurdistan. The facility will handle petroleum products such as gasoline, diesel, aviation turbine fuel, kerosene, fuel oil and liquefied petroleum gas. Qaiwan Group is a 2000-strong privately-owned company headquartered in Sulaymaniyah, […]
By John Lee. Kurdistan's Qaiwan Group has secured two loans totalling $105 million to refinance part of the firm's investment in the 442-MW Bazian Power Plant (pictured). According to a report from Trade Arabia, Deutsche Bank has arranged an eight-year $75-million buyer credit, along with the Dubai branch of Lebanon's Bankmed. The finance is being […]
GE (NYSE: GE) has signed a contract with ENKA to supply power generation equipment for a new 750-megawatt (MW) combined-cycle plant being developed by Qaiwan Group in Iraq. GE will provide four 9E gas turbines and one steam turbine for a new power plant in Sulaimaniyah to support the government’s goal of strengthening the electricity […]
Erbil Governorate has compiled and published a list of the top downstream oil companies in Kurdistan. [Note: This list was originally compiled and published by Marcopolis - Ed.] Unlike the upstream sector, Kurdistan's refining industry is almost the exclusive preserve of locals, among them KAR Group, one of the region's largest private companies, which operates […]
Erbil Governorate has compiled and published a list of the top oil distribution companies in Kurdistan [Note: This list was originally compiled and published by Marcopolis - Ed.]: Qaiwan Group A diversified conglomerate based in Suleimaniyah with activities in construction (Qaiwan Towers, Qaiwan City, Sulaimaniyah Heights), energy (Baziyan Refinery, Petrol Stations, Oil Trading), retail and […]
Erbil Governorate has compiled and published a list of the top oil companies in Kurdistan [Note: This list was originally compiled and published by Marcopolis - Ed.]. Please click here to see a list of oil companies with licences granted by the Ministry of Oil in Baghdad. [NEW: An updated list can now be found […]
