Tag Archives | Erbil News

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

Refinery Targeted in Rocket Attack

By John Lee. A rocket attack that targeted an oil refinery in the Khabat area of Erbil on Sunday has been widely condemned. Six rockets were fired at the Kawergosk refinery, which is owned by KAR Group, reportedly damaging a storage tank. The Iraqi Security Media Cell said it located a launch base near the […]

The Station Opens Branch in Erbil

By John Lee. The Station Foundation for Entrepreneurship has opened its fourth branch in Erbil, According to a press release from The Station, the opening marks a significant step forward in ensuring that Kurdistan's youth can contribute to the ecosystem's enhancement and build a connected network of entrepreneurs, creatives, and innovators who can reach across […]

Iran's Cross-Border Strikes: A Pattern in Search of a Policy

By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran's Cross-Border Strikes: A Pattern in Search of a Policy The latest strike on Iraq points to a brazen, illegal, and dangerous strategy of exercising […]

Iran Attack on Erbil goes beyond Retaliation for IRGC Deaths

By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran missile attack on Erbil goes beyond retaliation for IRGC deaths The attack early Sunday could also be related to both the now stalled Iran nuclear talks and Iraqi […]

Partnership Supports Private Sector Development in Kurdistan

New partnership supports private sector development in Iraq's Kurdistan Region The United Nations Development Programme (UNDP) in Iraq and the Kurdistan Regional Government's Ministry of Planning (MoP) have today signed a new Memorandum of Understanding (MoU) that will boost the private sector by encouraging the growth of micro, small and medium enterprises (MSMEs). The MoU […]

London Sky joins IBBC

Erbil-based travel and tourism operator London Sky is the newest member to join the Iraq Britain Business Council (IBBC). Aso Hussein, General Manager, said: "We are delighted to join the international community that is IBBC and look forward to supporting members in their business and personal travel requirements. We very much believe in the highest […]

KDC Buys KREDCO Real Estate

By John Lee. The Kurdistan Development Corporation (KDC) has bought the majority shareholding of Erbil-based KREDCO Real Estate Limited Company. KREDCO has previously been described as a joint venture between the KDC and the Kuwait-based National Real Estate Company (NREC). According to a disclosure to the Kuwaiti stock exchange, NREC said it sold its 51-percent […]

New Air Route between Erbil and Gaziantep

By John Lee. Turkey's Ministry of Transport and Infrastructure has announced that flights from Gaziantep to Erbil will begin on 24th January. AnadoluJet will operate the route on Mondays and Thursdays. (Source: Turkish Ministry of Transport and Infrastructure)

Dana Gas achieves 50% Gas Production Growth in 3 yrs

Dana Gas and its partner, Crescent Petroleum, have reported record sales gas production from their operations in the Kurdistan Region of Iraq (KRI), reaching 452 million cubic feet of gas per day (MMscf/d) at the end of 2021. The production milestone is the culmination of numerous process improvements at the Khor Mor gas plant, including […]

Erbil and Iran sign MoU to Increase Trade

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Erbil and West Azerbaijan provinces sign MoU to increase trade The governors of Erbil and Iran's Kurdish-majority West Azerbaijan provinces met on Tuesday and signed a memorandum of understanding (MoU) to increase trade movement […]

Iraq reported to have closed Belarusian Consulates

By John Lee. Iraq's Iraqi Ministry of Foreign Affairs has reportedly ordered the closure of the honorary consulates of Belarus in Baghdad and Erbil. According to Rojnews, the decision was made due to the ease with which Iraqis were being granted visas to travel to Belarus, and the continuing refugee crisis on that country's border […]