Tag Archives | Turkey

The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News

US Man Pleads Guilty in $8m Investment Scam

By John Lee. An US man has pleaded guilty to stealing more than $8 million from a Turkish investor, U.S. Attorney Tom Beall said. Nagy Shehata, 57, Olathe, Kansas, pleaded guilty to one count of conspiracy to commit wire fraud. In his plea, he admitted the crime occurred while he was president of Premier Investment […]

Many Obstacles to Kurdistan Independence Referendum

By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan faces many Obstacles to Independence Referendum Iraq’s Kurdistan Regional Government (KRG) announced May 24 that it had formally informed the United Nations Security Council of its intention […]

Genel Co-Founder Nat Rothschild Resigns

By John Lee. Genel Energy has announced that Nathaniel Rothschild and Simon Lockett have resigned from the Board. Accordingly, they will no longer stand for re-election at the Annual General Meeting of Genel Energy on 6 June 2017. Rothschild, along with form BP boss Tony Hayward, created the company in 2011 when their investment company […]

Iraq bans Turkish Tomatoes

By John Lee. In a bid to boost local tomato production, The Iraqi government has banned the import of tomatoes from Turkey. A statement from the Iraqi Ministry of Agriculture and Water Resources said the tomato production of Najaf and Karbala is enough to supply all of domestic demand. Rudaw reports that Iraq imported tomatoes […]

Iraq’s Turkmen want Kirkuk to become a Separate Region

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The spokesperson for Turkmen political parties in Kirkuk tells NIQASH that his people don’t want to be part of Kurdistan, that they do want a semi-independent region and they hope […]

Turkey contributes $750,000 to Stabilization in Mosul

The Government of Turkey has contributed US$750,000 to the UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). Based on priorities identified by the Government of Iraq and local authorities, FFS helps quickly repair public infrastructure, provides grants to small businesses, […]

Qandil: Controversial Kurdish Region, Inside the Kurdish Region

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. You don’t need to drive very far from the major Iraqi Kurdish city of Sulaymaniyah to exit the terrain controlled by the government of Iraqi Kurdistan. Twenty minutes from the […]

Presidents Barzani and Erdogan Meet in Turkey

President Masoud Barzani visited Turkey to be received by President Recep Tayyip Erdogan to discuss a series of important issues facing the region. During the meeting President Barzani and President Erdogan spoke of the ongoing military operation against the terrorists of the Islamic State in the city of Mosul where President Barzani reiterated his position […]

Shaikan Crude to be Exported by Truck

Gulf Keystone Petroleum (GKP), operator of the Shaikan Field in Iraqi Kurdistan, has said the Kurdistan Regional Government’s Ministry of Natural Resources (MNR) is to begin exporting all Shaikan crude production via trucks to Turkey, from the end of February. Subsequently, no Shaikan crude will be injected into the Kirkuk-Ceyhan export pipeline at Fishkhabour, until […]

Video: The struggle for an independent Sinjar

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A power struggle is underway in the northern Iraqi town of Sinjar. Much of it is in ruins after Kurdish fighters, aided by US air strikes, defeated ISIL. But many of them are […]

Etihad Foods seeks long-term Iraq Sugar Deal

By John Lee. Reuters reports that Etihad Food Industries is looking to sign one- or two-year raw sugar importing contracts with large trading firms after its current contract with Alvean runs out in November. Haidar al-Noumany, Commercial Director, told the news agency that Etihad imported 1.047 million tonnes of raw sugar last year for its Babil-based […]