Tag Archives | Erbil

The latest business news from Erbil, Kurdistan, Iraq – banking, airlines, hotels, property and more – brought to you by Iraq Business News

Hermes Datacomms opens New Office in Erbil

Hermes Datacomms, a leading global provider of managed networks for the upstream oil and gas industry, part of the SpeedCast Group, today announced the opening of its newest office in Erbil, Iraq. The new facility is in direct response to increasing demand for services from the oil and gas sector in Iraq and will enable […]

Auchan Hypermarket Closes

By John Lee. The French retailer Groupe Auchan has announced that its hypermarket in Erbil has closed down. The company described the closure as a “non-anticipated decision … by the SI Retail shareholders, the English-law firm managing locally the hypermarket, due to the difficult situation encountered in the country.” SI Retail signed an Auchan franchise […]

Oilfield Torched near Erbil

By John Lee. Islamic State (IS, ISIS, ISIL) militants set fire to an abandoned oil field near Makhmour and Qaraj, east of Erbil, on Wednesday. Anofficial told BasNews that the oil field is located between Peshmerga and IS militants’ frontlines, about 2 kilometres away from Peshmerga forces. It is believed that the oil field was […]

OFFTEC Opens First Branch in Iraq

Jordanian-based OFFTEC, a subsidiary of OFFTEC Holding Group, announced the opening of its first branch in Iraq. Located in the city of Erbil, the new branch further builds on OFFTEC ‘s growing network, which encompasses multiple branches across Jordan, Palestine and Sudan, all of which specialize in the provision of innovative business and technology services […]

Germania Suspends Erbil Flights

By John Lee. Germania has suspended air services to Erbil, which has come under increasing threat from Islamic State (IS, ISIS, ISIL) terrorists. Germany’s Federal Ministry for Transport (Bundesministerium für Verkehr und digitale Infrastruktur – BMVI) has prohibited all flights by German airlines to Erbil until 30th March 2015 (inclusive). Lufthansa, Austrian Airlines, Emirates, Etihad […]

Erbil Business Conference Highlights Open markets

The first day of the Erbil Business Conference highlighted the interest of the Kurdistan Regional Government (KRG) to attract investment and to operate within the principles of open markets whilst battling the perception that it is a dangerous place to operate. The Conference started with a speech by the Prime Minister of the Kurdistan, Nerchivan […]

FM Receives Armenian Ambassador

By John Lee. Iraqi Foreign Minister, Dr. Ibrahim Al Jaafari, received the Armenian Ambassador to Iraq, Karen Grigoryan, at his office on Sunday, and discussed with him bilateral relations, opening joint cooperation horizons through accelerating the preparation for holding the first meeting of the Iraqi-Armenian Committee, excluding the diplomats from visas, facilitating the procedures for […]

New Recruiter Opens in Kurdistan

Worldwide Recruitment Solutions (WRS), an international recruitment company serving the needs of oil and gas consultancies, contractors, operators and service companies, are now fully operational in the Kurdistan region. WRS’ Erbil office, located on Golan Street in the increasingly popular and cosmopolitan city of Erbil, opened early in 2015. Managing Director Mark Brown explains the […]