Tag Archives | Deloitte

Deloitte Report on Oil and Gas in Kurdistan

Pursuant to the Kurdistan Regional Government Council of Ministers resolution No.73 (3 February 2016) establishing an independent review of the oil and gas industry, today new verified data on oil exports, consumption and revenues have been published covering the period from 1 July 2017 to 31 December 2017. This is a continuation from the first […]

KRG approves revised Salary Distribution System

In its regular meeting on Wednesday, the Kurdistan Region Council of Ministers discussed and adopted proposed revisions to the salary distribution system, based on funds currently available and projected. In a press conference after the meeting, Prime Minister Nechirvan Barzani briefed the media on the revised salary distribution system. He said the KRG fully understands […]

Deloitte Report on Oil and Gas in Kurdistan

As the Kurdistan Regional Government has promised, and to prove its commitment to transparency in the entire oil and gas sector of the Kurdistan Region, today the first report by the international auditing company, Deloitte, is released. The report, which includes verified numbers of export and sales of oil in the Kurdistan Region for the […]

New Guide to Doing Business in Iraq

Deloitte Middle East (DME) has launched a guide to doing businesss in Iraq. The “Doing business guide -  Understanding Iraq’s tax position” addresses the key tax considerations for doing business in Iraq, alongside key economic, industry and market drivers which impact starting up a business there. The complexity of tax compliance in Iraq has grown […]

KRG Signs Oil Audit Deal with EY

The Kurdistan Regional Government signed an agreement with the multinational professional services firm, EY (Ernst & Young), to audit oil and gas processes in the Kurdistan Region. During the signing ceremony on Wednesday, Prime Minister Nechirvan Barzani described the agreement as an important step by the Kurdistan Regional Government to be more transparent in the […]

IBBC-BUIC Roundtable: Academic Engagement with Iraq

The Iraq Britain Business Council (IBBC), jointly with the British Universities Iraq Consortium (BUIC), held a daylong event sponsored by the British Council in London on different aspects of academic partnerships between Iraq and UK. Baroness Nicholson of Winterbourne, IBBC Executive Chairman, HE Prof Al- Mosawi, Cultural Attache of the Iraqi Embassy, Amir Ramzan, Director […]

UK Trade Mission Visits Kurdistan

Some of Britain’s most successful businessmen and women will fly to Erbil tomorrow (September 23rd) on a Trade Mission designed to show the UK’s continuing support for the resilience of the Kurdistan region of Iraq’s infrastructure, society and economy. Organised by the Iraq Britain Business Council (IBBC), the group will spend three days meeting senior […]

Deloitte Reports on MENA Oil, Gas M&A

A new report from Deloitte, entitled "Mergers and Acquisitions in the Oil and Gas Industry -- Current upstream M&A issues and transaction considerations", looks at the factors affecting investment in Iraq: "Iraqi production, which has now passed the 3 million barrel per day level, is benefiting from foreign investors with the expertise to exploit these […]

Deloitte to Open Iraq Office

Global accounting and audit firm Deloitte plans to open its first office in Iraq and is working on an add-on acquisition to grow its Middle Eastern presence, according to report from Reuters. Omar Fahoum, chairman and chief executive of Deloitte Middle East, told Reuters that the company will open a branch in Baghdad in the […]

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