Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
On November 19, U.S. Ambassador Stuart Jones visited Erbil to assess efforts to address the urgent humanitarian needs of displaced populations in the Iraqi Kurdistan Region (IKR). To date, the United States Government (USG) has contributed more than $202 million in support of the international humanitarian response to the complex emergency in Iraq, which began […]
By John Lee. Emirates resumed its twice-weekly passenger flights to Erbil on Sunday. The route is erved by an Airbus A330-200 aircraft in a 3-class configuration. The service will increase to four weekly flights from 4th December 2014. Sheikh Majid Al Mualla, Emirates Divisional Senior Vice President Commercial Operations, said: “We have been closely monitoring […]
By Robert Tollast. Luay al-Khairullah has reason to be optimistic. As Chairman of the Dhi Qar Provincial Investment Commission, I spoke to him last year about the planned Nasiriyah Integrated Project (NIP) a 300,000 barrel a day capacity refinery not far from his home town. It's a project that will create much needed jobs and provide […]
By John Lee. Nechirvan Barzani (pictured), Iraqi Kurdistan's Prime Minister, has denied reports that Iraq’s State Oil Marketing Organization (SOMO) will open an office in Erbil. Kurdish MP, Dilshad Sha’ban, has also told BasNews: “After we heard reports of SOMO wants to open office in Kurdistan region, we followed on the report, and we found […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Many Christian families have fled ISIL seeking refuge in other areas in Iraq. Erbil shelters many internally displaced people, including an unfinished mall which houses 400 families. Aidah Nouh is not the only […]
GE (NYSE: GE) has signed a contract with ENKA to supply power generation equipment for a new 750-megawatt (MW) combined-cycle plant being developed by Qaiwan Group in Iraq. GE will provide four 9E gas turbines and one steam turbine for a new power plant in Sulaimaniyah to support the government’s goal of strengthening the electricity […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. French expats in Erbil, Iraq, say they try to lead a normal life, despite threats against French citizens by the Islamic State. At the French school here, the walls have been enhanced and armed […]
By John Lee. Turkish officials close to their country's energy policy have announced that a total of 8 million barrels of oil have been exported via the Turkish port of Ceyhan. According to officials, while some buyers have been deterred by legal threats from Baghdad, the number of buyers is in fact increasing. The Kurds […]
By Patrick Schmidt. Kurdistan Regional President Massoud Barzani has announced coming reforms for the Kurdish security forces, most famous for the Peshmerga. The reforms would bring all units under a single unified command. In the past, the Minister of the Peshmerga did not have control over all troops, and the force was in some cases […]
By Patrick Schmidt. The Kurdish Minister of Natural Resources, Ashti Hawrami (pictured) announced that the Kurdistan Regional Government (KRG) has sold 7 million barrels of oil on the international market. He remains confident that the KRG will win the ability to sell oil in the US markets. Currently, the KRG produces 300,000 barrels of oil per […]
By Patrick Schmidt. A Kurdish oil tanker has arrived at the Croatian port of Omisalj and is preparing to begin offloading its cargo in the coming days. This delivery represents a success for the Kurdish Regional Government (KRG) in finding a buyer for their crude following legal threats from Baghdad. These threats have previously deterred […]
By Patrick Schmidt. Following recent gains of Kurdish security forces, in addition to a recent setback in Jalawla in northern Diyala, American officials have hinted that various government agencies have begun supplying Kurdistan with weapons to fight the Islamic State of Iraq and the Levant (ISIL). To date, America has mostly focused its attention on […]
