Tag Archives | Erbil News

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

Ninewa Investment Forum

The Ninewa Investment Forum is taking place from 3rd to 5th December in Erbil. This two-day event will showcase investment-ready businesses to private investors from around the world. Presenting a portfolio of very attractive investment opportunities will spark a virtuous cycle of both exciting project opportunities and increased investor confidence. The event is organized by […]

Gulf Air to Resume Flights to Erbil

By John Lee. Gulf Air, the national carrier of the Kingdom of Bahrain, has announced the resumption of its direct services between Bahrain and Erbil in Iraq; further strengthening the airline’s existing Iraqi routes of Baghdad and Najaf. The airline’s services to Erbil will commence on 02 February 2020, and will see Gulf Air’s three […]

ASEC to run Qarachog Cement Plant

By John Lee. The Arab Swiss Engineering Company (ASEC) has reportedly signed a three-year agreement with Iraq’s KAR Group for the operation and maintenance of the Qarachough [Qarachog] Cement Plant near Erbil. According to World Cement, the plant has a capacity of 1.9 million tonnes per year. (Source: World Cement)

Startups in Iraq “to Multiply Rapidly”

Top Mountain LLC hosted the first annual Business Canvas Erbil conference which was attended by 120 participants and took place in the Dedeman hotel. The conference was funded by the European Union and German Federal Ministry for Economic Cooperation and Development through GIZ. The event was also sponsored by GroFin Iraq, a financing organization that […]

Iraq’s $1bn Used Car Parts Business

“It’s a money-making machine,” says garage owner Karhi Bakr, 59, about the import of secondhand car parts into the Kurdistan capital of Erbil. Containers full of parts from cars written off after accidents in the West continue to pour into the city, which has become a major hub for the trade. Some of the 200 or […]

Regulator “Blocks calls” to Korek Customers

By John Lee. Iraq’s Communications and Media Commission (CMC) has reportedly ordered operators to block calls between their customers and Korek users in a dispute over number portability. According to Rudaw, the regulator told mobile network providers that Erbil-based Korek had failed to meet its “contractual obligations” to allow customers to keep their phone number […]

SSK Recruitment to open Office in Erbil

By John Lee. UK-based recruitment agency SSK Recruitment is reported to be looking to open an office in Erbil. Bdaily quotes Managing director Adam Smith as saying: “With all the uncertainty surrounding Brexit, we decided to focus on building relationships in the Middle East. “The margins are significantly higher in the Middle East than here […]

AnadoluJet starts Flights to Erbil

By John Lee. A Turkish airline will start new services from Diyarbakir and Gaziantep to Erbil from 21st March. AnadoluJet, a subsidiary of Turkish Airlines, plans to offer three flights per week to each location. (Source: AnadoluJet)

Meeting Between UK and Iraqi Chambers of Commerce

On Wednesday 12th December, the Iraq Britain Business Council (IBBC) was pleased to host a first meeting between the British Chambers of Commerce and Chamber of Commerce & Industry representatives from the Kurdish Region of Iraq. Erbil Chamber of Commerce is a founding member of IBBC and the IBBC is now the affiliate Chamber for […]