Eid Holiday Boosts Kurdistan Tourism

The media secretary at the Kurdistan Regional Government's Ministry for  Tourism said on Saturday that nearly 37,000 tourists visited Kurdistan during Eid al-Adha. Kan'an Baha'addin told AKnews during the four days of the Eid 15,000 tourists visited Erbil province, 13,000 Dohuk, and 8,500 Sulaimaniya. Eid al-Adha is an Islamic celebration that takes place at the […]

Iraq Issues Tenders for Supplies of Food

Iraq's State Foodstuff Company (SFSC) has issued an international tender to purchase: 30,000 tonnes of sunflower oil 2-3,000 tonnes of baby milk powder, and 30,000 tonnes of vegetable ghee. Full details can be downloaded below: vegetable-ghee_14.11.2010.5 english vegetable-ghee_14.11.2010.6 arabic sunflower-oil_14.11.2010.3 english sunflower-oil_14.11.2010.4 arabic milkpowder_14.11.2010.1 english milkpowder_14.11.2010.2 arabic

Microsoft Makes First Trip to Kurdistan

Aiming at helping the regional government of Kurdistan to develop its technological sector, a leading delegation from the Microsoft Corporation made its first visit to the capital Erbil on Sunday. The visit was made possible by an invitation by the two-year old Department of Technology of the Kurdistan Regional Government (KRG) that has set a […]

USF Intellignece Conference to Boost Iraq’s Financial Security

United States Forces-Iraq provided a forum for members of Iraq’s intelligence community to network across ministries in an effort to assess and promote processes leading to developing a more financially-secure and self-sustaining nation as U.S. Forces continue to draw down. The Intelligence Officer Financial Manager Conference was conducted at the Babylon Conference center here Nov. […]

WesternZagros 3rd Quarter Results

WesternZagros Resources Ltd. (TSX VENTURE:WZR) has announced its results for the period ended September 30, 2010. On October 14, 2010, the Company safely and successfully completed well control operations at the Kurdamir-1 well, which is WesternZagros' second exploration well in the Kurdistan Region of Iraq ("Kurdistan"). The open hole in the well has been plugged […]

Iraq Receives $156m Russian Helicopters

Iraq has received the last two in an order of eight Russian-made multi-purpose helicopters which cost 156 million dollars, the US army has said. The purchase is Iraq’s latest effort to bolster the capacity of its armed forces ahead of a complete withdrawal of US forces by the end of next year, as the US […]

Iraq and Kuwait to Share Border Oilfields

Kuwait and Iraq have reached an initial agreement on sharing border oilfields, Kuwaiti Oil Minister Sheikh Ahmad al-Abdullah al-Sabah said on Wednesday, according to a report from Reuters. 'They [the two countries] have agreed in principle. We have signed it from Kuwait's side. They [Iraq] will be signing it maybe this week or next week,' […]

DNO Raises Funds, Directors Buy Shares

DNO International ASA, the first foreign company to pump oil in Iraq since the 1970s, has raised 360 million Norwegian kroner ($60 million) to fund exploration drilling and license acquisitions. DNO sold 45 million shares at 8 kroner each, a 5.8 percent discount from the previous closing price. The offering was oversubscribed, the company said. […]

Iraq Boycotts Nobel Prize Ceremony

Iraq is among the countries reportedly boycotting the Nobel Peace Prize ceremony in Oslo. A Nobel official said that China has been putting unprecedented pressure on a number of countries to stay away from the prize-giving ceremony. This year's prize has been won by Liu Xiaobo, who is currently serving an 11-year prison sentence for […]

Iraqi Trade Ministry Introduces Income-based Rationing

The Iraqi trade Ministry has announced that the ration card, known as the Public Distribution System, will now operate on a sliding-scale dependent on a citizen’s income. Walid al-Helo told AKnews that the ministry is trying to combat poverty in Iraq by expanding the scope of the system despite international pressure on the country to […]

Heritage Oil Gains on Kurdistan Update

Shares in Heritage Oil Plc (LSE: HOIL), the independent upstream exploration and production company with operation in Iraqi Kurdistan, were up more than 5% this morning after the company issued an Interim Management Statement for the periond July 2010 to 17 November 2010. Highlights The Miran West-2 well, in the Kurdistan Region of Iraq, has […]

Weekly Security Update for 18th Nov 2010

Overview Security measures are currently heightened in Iraq for 'Eid ul-Adha, and this will likely remain the case until the weekend. Checkpoint searches will be tighter while many official offices will be closed. Public discussions on the government-formation process will also be interrupted until 21 November. Despite the increased security measures, however, militants will still […]