Iraq News » Basra News Iraq » Basra » Finance: How Iraq's Basra turned an extreme climate into industrial gain
STORY: As temperatures soar in Basra in southern Iraq, this sea water salt factory embraces the heat. The Basra Salt Factory uses large concentration basins to harness sea water and produce salt. A ...
News Iraq » Basra » Finance: Idle workers, empty wharves: Hormuz blockade hits Iraq’s oil hub of Basra
In the Iraqi oil hub of Basra, maintenance contractor Fawzi spends his days cooling his heels waiting for work that seldom comes, as the Middle East war puts ...
News Iraq » Basra » Finance: IFC Signs $500 Million Contract With Iraq’s Basrah Gas For Associated Gas, Development Of Major Port
CAIRO, Sept 13 (Reuters) – The World Bank’s International Finance Corporation (IFC) signed a $500 million investment contract with Iraq’s Basrah Gas Co. on Saturday for associated gas and the ...
News Iraq » Basra » Finance: Iraq, Turkey discuss oil-for-financing deal to fund Development Road project
Iraq is discussing an oil-for-financing agreement with Turkey to establish a fund for the Development Road project.
News Iraq » Basra » Finance: China Tightens Grip on Iraq’s Energy Future with Massive Basra Megaproject
Add Yahoo as a preferred source to see more of our stories on Google. China’s Geo-Jade Petroleum has signed a swathe of major contracts that give Beijing control over Iraq’s first fully integrated ...
News Iraq » Basra » Finance: Iraq devalues dinar to 1,520 per US dollar, state news agency says
Oct 7 (Reuters) - Iraq's cabinet approved a new exchange-rate structure for the dinar, setting a rate of 1,520 dinars per US dollar, roughly 14.5% below the previous official rate, according to a ...
News Iraq » Basra » Finance: China Tightens Grip on Iraq’s Energy Future with Massive Basra Megaproject
China's Geo-Jade Petroleum has secured a comprehensive contract package for Iraq’s first fully integrated energy project in Basra. These deals are part of broader strategic agreements like the 2019 ...