Search results for "kurdistan"

Palestinian Authority Opens Consulate in Kurdistan

This week the Palestinian Authority became the 22nd country to establish a diplomatic representation in the Kurdistan Region. The Consulate General will be headed by Ambassador Nazmi Hazouri, and will join the other countries that have already established a strong presence in the region with Consulate Generals. Ambassador Hazouri, who arrived in the region in […]

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Polish Region Signs Declaration of Cooperation with Kurdistan

Representatives of Poland’s Malopolska Region on Monday in Erbil signed a Declaration of Cooperation with the Kurdistan Region. The agreement marks a significant step in relations between Poland and Kurdistan. The declaration was signed by Mr Marek Sowa, the Marshal of Poland’s Malopolska Region, and the Kurdistan Regional Government (KRG) Minister of Trade and Industry […]

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British Film Festival in Kurdistan

By Chris Bowers, British Consul General in Erbil. This article was originally published by Rudaw, and is re-published with permission by Iraq Business News. A great British poet, Samuel Coleridge, wrote in 1817 that art in its best form required a “willing suspension of disbelief”. What he meant by that is that most literature or […]

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Kurdistan Economy to Grow by 12% Next Year

Barham Salih [Saleh], the Prime Minister of Kurdistan’s Regional Government,  said he expects 12 per cent growth in the region’s economy next year. Speaking at the opening ceremony of the Sulaimaniyah Trades Fair, Salih (pictured) praised the economic boom in the Kurdistan Region. “This city [Sulaimaniyah] used to be like a military camp, a war […]

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Scotland can work with Kurdistan’s Aberdeen

By Tavish Scott, Member of the Scottish Parliament. This article was originally published by The Scotsman, and is re-published here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A familiar face walked across the hotel lobby. Former BP boss Tony […]

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Kurdistan Investment Board to Devolve Powers to Provinces

The Chairman of Kurdistan’s Investment Board said that the board will adopt a more strategic approach and devolve investment licensing powers to its three provincial directorates. Minister Herish Muharam, speaking at the ‘Iraq: Untapped Opportunities‘ conference in London, said, “To increase the efficiency of our Investment Board, we are delegating more of our operations to […]

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Kurdistan Declines to Confirm Shell Contacts

At the ‘Iraq: Untapped Opportunities‘ conference in London on Tuesday, Padraig O’Hannelly, for Iraq Business News, pressed the Chairman of the Kurdistan Board of Investment, H.E. Herish Muharam, on reports that the KRG had been in discussions with Shell: IBN: “Is it true that Shell was in discussions with Kurdistan relating to exploration contracts, and […]

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Afren Updates on Kurdistan Operations; Shares Rise

As part of its interim management statement, Afren plc has issued an update on its operations in Iraqi Kurdistan. The shares are up 11% since the statement: On 2nd November, the Company announced completion of the acquisition of a 60% operated interested interest in the Barda Rash PSC and 20% non-operated interest in the Ain […]

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Kurdistan-Related Oil Shares Rally

Share prices  in companies related to oil exploration in Kurdistan rallied on Monday, as stories circulated about a resolution of the dispute between Baghdad and Erbil on the recognition of oil contracts. This came despite an escalation in tensions between the two administrations regarding these contracts, which was brought to a head with the announcement […]

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Dana Gas Updates on Kurdistan Operations

In its third quarter report, Dana Gas has given on update on its Kurdistan operations: “In the Kurdistan Region of Iraq, construction and commissioning of the LPG plant and supporting facilities are now complete, and gas is being delivered to the Erbil and Sulaymania power stations at peak rates in excess of 300 million standard […]

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ExxonMobil’s Kurdistan Gamble

An adviser to the Resources Minister of the Kurdistan Regional Government (KRG) confirmed on Friday that ExxonMobil has signed agreements to explore for oil and gas in six blocks in Iraqi Kurdistan, according to Dow Jones. This is big news, as the Baghdad government has previously excluded companies operating in the Kurdish region from oil contracts […]

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Claremont Group Poised to Grow in Kurdistan

The Claremont Group has expanded its international development operations into the rapidly growing commercial and residential real estate market in the Kurdistan region of northern Iraq. The New York-based real estate firm has launched construction on a major modern residential community in the region’s capital of Erbil, Iraq’s most secure and fastest-growing city. The Atlantic, […]

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