By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has held a meeting with a delegation from the banking sector, including Jordan Kuwait Bank and the Bank of Baghdad. According to a statement from the KRG, the meeting focused on potential collaborations and projects to enhance the banking infrastructure and spur economic […]
Tag Archives | Kuwait
The latest news on Iraq – Kuwait business – investment, Disputes and more – brought to you by Iraq Business News
Khor Abdullah Dispute: Saudi Arabia sides with Kuwait
By John Lee. Kuwait and Saudi Arabia have renewed their call for Iraq to respect the agreement between the Iraq and Kuwait on the regulation of maritime navigation in the Khor Abdullah waterway. In September, the Iraqi Federal Supreme Court declared the agreement to be unconstitutional. A joint statement issued on Wednesday at the conclusion […]
Iraq's Telecom Towers become part of $2.2bn Group
By John Lee. Qatar's Ooredoo, Kuwait's Zain Group and TASC Towers Holding of Dubai are to create the largest tower company in the MENA region, in a cash and share deal. The enlarged tower company, comprising approximately 30,000 towers, has a combined estimated current enterprise value of USD 2.2 billion. Ooredoo and Zain will equally […]
Iraq-Kuwait Tension Escalates
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Iraq-Kuwait tension escalates amid renewed focus on maritime boundary Kuwait is ramping up pressure on Iraq to safeguard a 2012 deal on the demarcation of boundaries in a small but vital […]
Plans for Historic GCC-Iran-Iraq Dinner in NY "Collapse"
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Scoop: Plans for historic GCC-Iran-Iraq dinner in New York collapse Plans for a historic meeting in New York gathering the foreign ministers of Gulf Arab states, Iran and Iraq have collapsed at the […]
GCC Criticises Iraq Ruling on Khor Abdullah
By John Lee. The Gulf Cooperation Council (GCC) has called on Iraq to address what it says are the, "negative effects of developments over the Khor Abdullah maritime agreement." Their statement follows a declaration from the Iraqi Federal Supreme Court that the law approving the agreement between the Iraq and Kuwait on the regulation of […]
Militia State or Transport Hub: Iraq Can't be Both
By Baria Alamuddin, for Arab News. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Militia state or transport hub: Iraq can't be both The unveiling of a bounty of megaprojects should be Baghdad's moment of decision: Does it want to perpetuate its isolation […]
Reshaping Iraq-Kuwait Maritime Boundaries and Sovereignty
By Mohammed Muayad Koperly and Haider Zaki Qasim, for Iraq Business News. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Supreme Federal Court's Nullification of the Khor Abdullah Agreement: Reshaping Iraq-Kuwait Maritime Boundaries and Sovereignty As a reader interested in geopolitical affairs […]
Iraqi Court Annuls Border Agreement with Kuwait
By John Lee. The Iraqi Federal Supreme Court has declared the law approving the agreement between the Iraq and Kuwait on the regulation of maritime navigation in the Khor Abdullah [Khawr Abd Allah] to be unconstitutional. It said that Law No. 42 of 2013 is in violation of Article 61/IV of the Iraqi Republic Constitution, […]
Iraq Reopens Safwan Border Crossing with Kuwait
By John Lee. Iraqi Prime Minister Mohammed Shiaa Al-Sudani officially reopened the Safwan Border Crossing with Kuwait on Saturday after extensive renovations aimed at increasing capacity and efficiency. During his visit, Prime Minister Al-Sudani toured the facility, inspected its operations, and met with travelers from Gulf Arab countries, instructing officials to facilitate the entry of […]
Kuwait Funds allow UNHCR to continue Services to Refugees in Iraq
Funds from Kuwait Fund for Arab Economic Development allow UNHCR to continue delivering essential services to refugees in the Kurdistan Region of Iraq UNHCR, the UN refugee agency in Iraq, in cooperation with the Kurdistan Regional Government and Ministry of Interior, with generous financial support from the Kuwait Fund for Arab Economic Development, opened a […]
Agility awarded $1.65bn in Dispute with Iraq's Korek
By John Lee. The International Court of Arbitration of the International Chamber of Commerce (ICC) has released its findings in the arbitration case between Iraq Telecom Limited, a subsidiary of Kuwait's Agility Public Warehousing Company KSCP, and International Holdings Limited, an affiliate of Agility, as claimants; and Korek Telecom Limited and Sirwan Saber Mustafa Barzani, […]