Tag Archives | Erbil News

Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.

Kurdistan to develop Vision 2030 supported by UNDP

The United Nations Development Programme (UNDP) signed a Memorandum of Understanding (MoU) with the Kurdistan Region of Iraq’s Ministry of Planning, in order to provide strategic guidance and technical support for the development of KRG Vision 2030. Held in Erbil on 03 February 2020, the signing reaffirms the Region’s commitment to achieve the Sustainable Development […]

Gulf Air Returns to Erbil

By John Lee. Bahrain’s Gulf Air has resumed services to Erbil International Airport (EIA). At the inaugural event in Erbil International Airport, Capt. Suhail Ismaeel said: “We’re happy to return to Erbil and operate direct flights to and from this Iraqi city … With three weekly direct flights between Bahrain and Erbil supplemented with great […]

$12m Contract for Radio Equipment in Iraq

By John Lee. Florida-based Scientia Global Inc. has been awarded a $12,149,039 firm-fixed-price Foreign Military Sales (Iraq) contract to procure combat effective Digital Mobile Radio Tier III equipment, development, deployment, training and support services. One bid was solicited via the internet with one bid received. Work will be performed in Erbil, Iraq; and Melbourne, Florida, […]

Leading Brands Iraq 2019 Award Ceremony

The first ever Leading Brands Iraq award ceremony was hosted at Rotana Hotel Erbil, Iraq. Popular brands of consumer goods in Iraq have received their awards in a ceremony attended by representatives of the Iraqi central government and the KRG, delegates of leading brands as well as academics and media. Kurdmax TV recorded the event […]

Ninewa Investment Forum

The Ninewa Investment Forum is taking place from 3rd to 5th December in Erbil. This two-day event will showcase investment-ready businesses to private investors from around the world. Presenting a portfolio of very attractive investment opportunities will spark a virtuous cycle of both exciting project opportunities and increased investor confidence. The event is organized by […]

Gulf Air to Resume Flights to Erbil

By John Lee. Gulf Air, the national carrier of the Kingdom of Bahrain, has announced the resumption of its direct services between Bahrain and Erbil in Iraq; further strengthening the airline’s existing Iraqi routes of Baghdad and Najaf. The airline’s services to Erbil will commence on 02 February 2020, and will see Gulf Air’s three […]

ASEC to run Qarachog Cement Plant

By John Lee. The Arab Swiss Engineering Company (ASEC) has reportedly signed a three-year agreement with Iraq’s KAR Group for the operation and maintenance of the Qarachough [Qarachog] Cement Plant near Erbil. According to World Cement, the plant has a capacity of 1.9 million tonnes per year. (Source: World Cement)

Startups in Iraq “to Multiply Rapidly”

Top Mountain LLC hosted the first annual Business Canvas Erbil conference which was attended by 120 participants and took place in the Dedeman hotel. The conference was funded by the European Union and German Federal Ministry for Economic Cooperation and Development through GIZ. The event was also sponsored by GroFin Iraq, a financing organization that […]

Iraq’s $1bn Used Car Parts Business

“It’s a money-making machine,” says garage owner Karhi Bakr, 59, about the import of secondhand car parts into the Kurdistan capital of Erbil. Containers full of parts from cars written off after accidents in the West continue to pour into the city, which has become a major hub for the trade. Some of the 200 or […]

Regulator “Blocks calls” to Korek Customers

By John Lee. Iraq’s Communications and Media Commission (CMC) has reportedly ordered operators to block calls between their customers and Korek users in a dispute over number portability. According to Rudaw, the regulator told mobile network providers that Erbil-based Korek had failed to meet its “contractual obligations” to allow customers to keep their phone number […]