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Germany – Kurdistan Iraq Business & Trade News – German Consul General, Erbil, Kurdistan, cultural ties, educational ties and more – brought to you by Iraq Business News

Crescent Petroleum to Increase Investment in Iraqi Gas

By John Lee. UAE-based Crescent Petroleum is reportedly planning a significant increase in its production of natural gas at its Pearl Petroleum operations in Iraq. President Badr Jafar (pictured) is quoted as saying that there will be an investment of $1 billion to boost production to 500 million cubic feet of gas per day by […]

Iraqi Govt Ministries to Attend Oil Conference in Berlin

Iraqi Government Ministries heading to Berlin for International Meeting in February Iraq’s oil and gas industry has started 2018 with invigorating news including new blocks to be offered at a bidding round in May, several high profile deals finalised with international companies as well as the continued upstream reforms led by Minister of Oil Jabbar […]

Germany now UNMAS’ Largest Contributor in Iraq

Germany now UNMAS’ largest contributor for clearance of explosive hazards in Iraq The United Nations Mine Action Service (UNMAS) welcomes an additional contribution of € 17 million ($20.2 million) from the Government of Germany towards survey and clearance of explosive hazards in support of humanitarian and stabilization initiatives. The overall contribution, totalling € 44.2 million […]

Germany supports WFP Assistance to Conflict-Affected Iraqis

The United Nations World Food Programme (WFP) has welcomed a contribution of €4.4 million (US$5.2 million) from the Government of Germany, which will provide cash-based assistance to almost a quarter of a million Iraqis for one month. Dr. Cyrill Nunn (pictured), Germany’s Ambassador to Iraq, said: “The German Government greatly appreciates its strong and effective […]

Germany ties Aid to Peace Efforts

By John Lee. Germany has said that its continuing aid to Iraq depends on peaceful efforts to solve the conflict between Baghdad and Erbil. Reuters quotes German Foreign Minister Sigmar Gabriel (pictured) as saying on Monday: “Our support is for Iraq as a unified state … We want to continue that, but the precondition is […]

Germany is Top Contributor to Stabilization in Iraq

The Government of the Federal Republic of Germany has contributed an additional US$ 94 million (€80 million) to two major UNDP programmes that are helping to stabilize newly liberated areas – the Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL) and […]

Fly Baghdad plans European flights, IPO

By John Lee. Fly Baghdad‘s Chief Executive Ali al-Hamdany has told Reuters that the budget airline plans to start flights to Europe and India next year, and is planning a stock market listing in 2020. It will also start flights to Ankara and Beirut in the coming weeks. It currently operates two Boeing 149-seat 737-700 jets […]

Mobile Health Teams reach People in Newly Liberated Areas

For more than 3 years, the people of Hawiija [Hawijah] district in Kirkuk governorate, were cut off from lifesaving health care and immunization services, leaving many children susceptible to vaccine-preventable diseases. “For years, I worried that my children may contract polio and measles or die,” said Hadija, a 32-year-old mother of 3. In September 2017, […]

Germany continues Support for Iraqi Children

UNICEF thanks the people of Germany for their continued support to the children of Iraq Years of conflict have severely curtailed the rights of children in Iraq. Their rights to protection from violence, education and access to safe drinking water are under assault from nearly every direction. “UNICEF is working with partners like the German […]

Germany Supports the Clearance of Explosive Hazards

The United Nations Mine Action Service (UNMAS) welcomes a renewed contribution of EUR 7 million from the Government of Germany for survey and clearance of explosive hazards, including improvised explosive devices and explosive remnants of war, in Iraq. The support will facilitate rehabilitation of infrastructure in areas retaken from ISIL/Da’esh, assist the stabilization process and […]

$400m for Reconstruction of Mosul and Newly Liberated Areas

The World Bank has approved a US$400 million financial assistance package today to support the recovery, reconstruction and rehabilitation of priority infrastructure to restore delivery of public services in areas of Iraq newly liberated from the Islamic State of Iraq and Syria (ISIS). The package represents an additional financing to the Iraq Emergency Operation for […]