Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
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 […]
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 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 […]
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 […]
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 […]
Prime Minister Masrour Barzani on Wednesday launched Erbil's first-ever agriculture fair, for farming and animal products. The fair is supervised by the Iraqi ministry of agriculture and the Kurdistan Region ministry of agriculture and water resources. PM Barzani said the fair is an important step towards developing Iraq's agriculture. "This fair will be a starting […]
Climate Change Awareness Raising Workshop The UN Environment Programme (UNEP) in Iraq, in partnership with UNDP and Ministry of Environment, conducted a two-day training workshop in Erbil on Climate Change within the implementation of the Iraq National Adaptation Plan Project (NAP) aiming at "building the institutional capacity to advance the National Adaptation Plan process in […]
By John Lee. The Deputy Assistant Secretary at the US Embassy in Baghdad, Jennifer Gavito, and Consul General Robert Palladino joined Erbil's Governor, Umed Khoshnaw, to announce additional U.S. funding for further renovations of the Hamam, and to create a children's center at the Erbil Citadel. U.S. funding to the Erbil Citadel now totals $1.5 […]
Water Accounting and Water Productivity Assessment Training workshop FAO-Iraq conducted a two-day training workshop in Erbil on Water Accounting and Water Productivity assessment within the implementation of an FAO project aiming at agricultural Water Resource Management Improvement, Water accounting with a baseline water productivity assessment" to demonstrate the value of water accounting (WA) and water […]
By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has opened a new wheat marketing center in Erbil, a year after announcing the project. In a statement on Twitter, Masrour Barzani said: "In less than a year, we are back to inaugurate the $250-million wheat marketing project in Erbil. A great new […]
By Dennis Ross, 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. A Pro-Israel Summit in Erbil Breaks New Ground At great personal risk, Iraqi civil society leaders gathered to demand entry into the Abraham Accords, and […]
Supporting Iraq's Local Economic Development through Sustainable Energy Solutions - New Projects Launched Three innovative projects aimed at promoting sustainable energy solutions were launched today in partnership with the European Union and the United Nations Development Programme (UNDP) in Iraq and the governorates of Erbil, Sulaymaniyah, and Duhok. The projects, which were designed by the […]
