Tag Archives | Erbil News

Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.

Japan to open Consulate in Erbil

President Masoud Barzani received a Japanese embassy delegation headed by Ambassador Fumio Iwai, Japan’s Ambassador to Iraq. President Barzani and Ambassador Iwai spoke of the current political situation in Iraq and expressed optimism that matters will be moving in a more positive direction. The two sides also spoke of the military operations against the terrorists […]

Erbil launches Provincial Development Strategy

Erbil marks the launch of its Provincial Development Strategy 2016-2018 with a breathtaking audiovisual performance at the historic Citadel At an official ceremony at Erbil’s historic Citadel, the Governorate of Erbil launched its Provincial Development Strategy. The ceremony was presided over by H.E. Prime Minister of the Kurdistan Regional Government, Mr. Nechirvan Barzani, and attended […]

Germany Donates EUR 4m to Boost Community Policing

The Federal Republic of Germany has donated EUR 4 million to IOM Iraq to support its “Strengthening Community Policing in Iraq” project between March 2016 and December 2017. By supporting community policing in Iraq, IOM enhances overall efforts to advance democracy, human rights and the rule of law in Iraq in liberated areas. Community-policing models […]

PECB Signs Agreement with Citadel Engineering

PECB has announced that it has signed a new partnership agreement with Erbil-based Citadel Engineering Company, to distribute PECB training courses in Iraq. This partnership will ensure that the respective companies will give their contribution based on their expertise in offering and organizing PECB courses. Eric Lachapelle, CEO of PECB, said: “PECB has built a […]

Video: Winter Wreaks Havoc in Refugee Camps

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. More than three million people have been forced from their homes by ISIL’s onslaught in Iraq. Many live in deplorable conditions in camps where tents are collapsing under winter rains and some children […]

Southern Exports Remain High

By Simon Kent. Iraq’s southern oil exports remained close to their recent record of 3.37 million bpd, which was hit in November, Reuters reports. Possibly lessened by several days of maintenance work at the Single Point Moorings at the Basra terminals, the figures for December were slightly lower, at 3.27 million bpd. This closes a good year […]

Kurdish Regional Government Fights Reform Battle

By Simon Kent. The Kurdish Regional Government has announced a plan to implement a series of economic reforms in the face of a growing recession. Currently, the region has debt of up to $18 billion, a crisis made far worse by expenditures in the war against ISIS, the collapse in oil prices and a bloated […]

MSF Extends Activities in Baghdad

More people have been forced to flee from Ramadi, capital of Al Anbar Governorate in central Iraq, after violence broke out between Iraqi forces and Daesh in November. Many have crossed the River Euphrates in search of refuge in camps to the west of Iraqi capital Baghdad. MSF has launched an emergency logistics and medical […]

US Man gets 27 mths Jail for Iraq Fraud

By John Lee. A US District Court has sentenced an American man to 27 months in prison, followed by three years of supervised release, for operating two investment schemes that defrauded people of more than $200,000. Joseph T. Morris, aged 52, and two others set up a company whose initial focus was on establishing a […]