Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
By John Lee. Turkish carrier AJet has announced the launch of its new direct flight service between Ankara and Erbil, strengthening air connectivity between Turkey and Iraq. The service operates twice weekly, allowing passengers to travel quickly and comfortably from Ankara Esenboğa Airport to Erbil, one of Iraq's major economic hubs. With AJet's non-stop flights, travellers […]
By John Lee. The Orbital Green Belt Project has been launched in Erbil Governorate to encircle the city with a protective green zone, part of the wider master plan. The initiative is designed to improve the urban environment, mitigate climate impacts, and enhance residents' quality of life. The project will plant 7 million olive and […]
From the International Labour Organization (ILO): Study Visit for Knowledge Exchange on Public Works Programmes and Labour-Intensive Investment Approaches in Iraq As part of its ongoing efforts to promote decent employment and support sustainable local development, the International Labour Organization (ILO) organized a study visit to Erbil and Duhok governorates from 19 to 23 July […]
By John Lee. The US State Department has announced the end of Ordered Departure Status for personnel at the U.S. Embassy in Baghdad and U.S. Consulate General in Erbil, effective July 17, 2025. Department Spokesperson Tammy Bruce (pictured) stated that personnel who had been temporarily relocated outside Iraq will begin a phased return to their […]
By John Lee. The Khurmala oil field, located in the Makhmour district west of Erbil province, was struck by two unidentified drones at approximately 8:30 PM on Monday, 14 July 2025. According to the Joint Operations Command's Security Media Cell, there were no human casualties, with the damage limited to material losses. Authorities have initiated […]
By John Lee. The Central Bank of Iraq (CBI) has held a three-day training workshop in Erbil on the "Core Standards for Detecting Counterfeit Currency," in collaboration with its branch office in the Kurdistan Region. Organised by the CBI's Banking Studies Center, the workshop runs from 1st to 3rd July 2025 and includes participation from […]
By John Lee. The QS World University Rankings has listed 10 Iraqi universities in its 2026 (sic) ranking. Highest rated was the University of Baghdad, which was ranked in the range 741-750th worldwide. Next came Al Nahrain University in Baghdad, ranked in the range 951-1000. Two Iraqi universities -- Mustansiriyah University (Baghdad) and the University of […]
By John Lee. The Erbil branch of the Central Bank of Iraq (CBI) held a training workshop on "National and Sectoral Risk Assessment Procedures" in collaboration with the CBI's Banking Studies Centre and the Office of the Compliance Monitor. The event brought together representatives from private banks, non-banking financial institutions, and electronic payment companies operating […]
By John Lee. During the launch of the Canada-Kurdistan-Iraq Business Council in Erbil, the Chairman of the National Investment Commission (NIC), Dr. Haider Muhammad Makiyya, underscored the importance of expanding economic partnerships as a foundation for stable national economies. Dr. Makiya revealed that Iraq had attracted over $90 billion in investment over the past two […]
By John Lee. The International Labour Organization (ILO), in partnership with the Central Bank of Iraq (CBI) and funded by the Italian Agency for Development Cooperation (AICS), conducted a five-day training workshop in Erbil to equip Iraqi financial institutions with the expertise required to develop green microfinance products supporting sustainable small and medium-sized enterprises. Participants […]
By John Lee. Rwanga Foundation has unveiled plans for the Kulak Solar Village, Iraq's first fully off-grid, solar-powered community. Located southeast of Erbil, the pilot village will include 32 homes and house nearly 200 residents, serving as a model for rural climate resilience and energy self-sufficiency in one of the world's most climate-vulnerable regions. Entirely […]
Al Uroush Automotive Limited becomes authorised Rolls-Royce Motor Cars dealer in Erbil, Iraq Rolls-Royce Motor Cars Iraq will offer the full Rolls-Royce model portfolio and dealer services at a temporary facility with showroom planned for 2026 First dealer in the country since the foundation of the brand 120 years ago Luxury market in Iraq is […]
