Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
By Mahmut Bozarslan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Demonstrations turned violent earlier this month as thousands of people protested the dire economic situation in Iraqi Kurdistan, with many demanding that Massoud Barzani (pictured) step down as regional president. Developments that brought the […]
Iraq’s youngest airline, FlyBaghdad, is in talks to start flying to Dubai and plans to launch European routes in early 2016, according to a report from Gulf News. The airline’s Regional Commercial Manager, Mohammad Abdali, told the news agency that the Iraqi-owned airline started domestic flights to Erbil, Sulaymaniyah, Najaf and Basra from its hub […]
By Simon Kent. Aberdeen based oil and gas company MOL Group have reduced their planned investments at Akri Bijell in the Kurdish region of Iraq, Rigzone reports. The new plans will see one well operational at 2200 bpd, while Bijell 4 and Bijell 6 appraisal wells encountered more geological complexity than envisaged. MOL have struggled in the region […]
By Simon Kent. Carlson Rezidor, the international hotel group with over 1,300 hotels in over 100 countries, has announced that it has finalized a deal for a new hotel, 3kms from Erbil International Airport. According to Gulf News, the 260-room hotel will be located in the Western suburbs and contain an all-day dining restaurant, speciality restaurant, lobby bar, […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's gateway to Europe, the northern city of Erbil is the first bottleneck on a long and uncertain journey for a growing number of Iraqis choosing exile:
U.S. Soldiers at the regional contracting office in Erbil hosted the first in-theater vendor training day to cultivate the critical relationship between local vendors and U.S. forces on the ground. Topics discussed with potential vendors ranged from the solicitation process to reading and understanding what is required in military contracts. Since their arrival in Erbil, […]
By John Lee. The Chaldean Catholic Archbishop of Erbil, Bashar Warda, has reportedly said he plans to open a Catholic university in Erbil in October. Speaking in Australia, he said university "will embrace our Christian and Yazidi young men and women who were forcefully displaced from their areas and homes in the Plain of Nienveh in […]
By John Lee. Turkish Airlines has added Erbil to its list of flight destinations operated from/to Istanbul Sabiha Gökçen International Airport. Beginning July 20th, roundtrip flights between Istanbul and Erbil are being operated four times per week on Mondays, Wednesdays, Thursdays and Saturdays; from September 16th, flights will be increased to 7 per week. (Source: […]
By John Lee. Emirates Airlines is to resume passenger flights to Erbil from 15th August. The Dubai-based carrier suspended flights in March following security concerns relating to the 'Islamic State' group (IS, ISIS, ISIL). There will be four weekly return flights, on Mondays, Tuesdays, Thursdays and Saturdays, using Airbus A330-200 aircraft; as a precaution, the […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Archbishop of Lyon Monseigneur Philippe Barbarin visited Erbil, Kurdistan region in northern Iraq, to participate in the opening ceremony of the Saint-Irénée school for Iraqi children who fled Mosul after IS militants took control […]
By Robert Tollast. Sterling, the international Health, Safety and Environment oil and gas and construction specialists, have expanded their HSE training site in Erbil. Sterling focus on HSE consulting, building capacity to mitigate risks and environmental hazards, as well as preventing and dealing with major incidents in construction and the energy sector. The expanded centre will […]
By Simon Kent. Sources at Ceyhan have told Reuters that there is insufficient oil in the Iraqi State Oil Marketing Organization (SOMO) tanks at the port to fill planned cargoes. Both BP and Spain's Cepsa have cancelled shipments, and no oil has gone to SOMO storage for the past ten days. According to sources, this […]
