Tag Archives | Erbil News

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

“Severe Punishment” for Price Hikes Targeting Tourists

By John Lee. Erbil’s mayor has reportedly warned hotel and motel operators against taking advantage of the increased numbers of tourists by driving up prices and breaking contracts: Nabaz Abdulhamid told Rudaw: “Any hotel or motel owner that hikes up the prices and revokes the signed contracts will be punished severely.” In the past three […]

Chevron to Resume Drilling in Kurdistan

By John Lee. US-based Chevron plans to resume drilling at the Sarta 3 block in Iraqi Kurdistan. According to a report from Bloomberg, the company had temporarily halted exploration work in October after the Kurds voted in favour of independence. Chevron acquired Reliance Exploration & Production DMCC‘s 80 percent interest and operatorship of the production sharing contracts […]

Human Rights Training for Teachers in Kurdistan

The United Nations Assistance Mission for Iraq (UNAMI) Human Rights Office (HRO) in cooperation with the Ministry of Education in Kurdistan Region of Iraq organized a four-day training course in Erbil for 23 teacher, including 9 females, during 13 – 16 November on human rights education. This was the second in a series of courses […]

Govt demands Asiacell & Korek Relocate to Baghdad

By John Lee. Mobile phone operators based in Iraqi Kurdistan have reportedly been told by the Iraqi government to move their headquarters to Baghdad, following the region’s recent vote for independence. Asiacell is based in the Kurdish city of Sulaymaniyah, while Korek is based in Erbil; Zain, however, is based in Baghdad. According to a […]

Baghdad Suspends Int’l Flights to Erbil

By John Lee. Direct international flights will be suspended to and from Erbil International Airport (pictured) starting from Friday evening, following a decision by the Iraqi cabinet and Prime Minister Haider al-Abadi, an airline official has told Xinhua. The move follows the region’s vote for independence in Monday’s referendum. Airlines including Qatar Airways, EgyptAir and […]

Plans for Flights between Erbil and Urmia

By John Lee. An Iranian official has been quoted as saying that plans are in progress for direct flights between Erbil International Airport (pictured) and the city of Urmia, in Iran’s Kurdistan province. Ahmad Montazami, the head of the Iranian Foreign Ministry’s office in Urmia, told Fars News Agency that the service could be started […]

DNO Joins ExxonMobil on Baeshiqa License

DNO ASA, the Norwegian oil and gas operator, today announced an agreement with ExxonMobil to join the Baeshiqa [Bashiqa, Bashika] license in the Kurdistan region of Iraq. DNO will assume operatorship of the license with a 40 percent paying (32 percent net) interest, acquiring one-half of ExxonMobil’s position. ExxonMobil retains a 40 percent paying (32 […]

Launch of Iraq’s First Tech Startup Coworking Space

By Hal Miran, Editor-in-Chief, Bite.Tech. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. TechHub has officially been launched, making the first tech startup coworking space in Iraq a reality. We have housed nine members so far, as well as numerous expert-led entrepreneurial workshops and events, […]

IOM Emergency Unit Assists IDPs from Tal Afar

This past week the International Organization for Migration (IOM), the UN Migration Agency, sent emergency teams from its Erbil, Iraq, mission to provide front-line non-food item (NFI) assistance to an informal settlement of internally displaced persons (IDPs). The settlers are principally nomadic herders fleeing ISIL’s last remaining major stronghold in Iraq: Tal Afar. Following the fall […]

Bangladesh Embassy to open Office in Erbil

Kurdistan Region Prime Minister Nechirvan Barzani received Mr. Abu Magsoud Forhad, Bangladesh’s Ambassador to Iraq. Ambassador Forhad discussed his government’s intention to open in Erbil an office of his country’s Iraq embassy. Discussing the situation of the Bangladeshi nationals, resident in Iraq and Kurdistan Region, he said opening of embassy’s office in Erbil will facilitate […]