Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
By John Lee. Mass Global Investment Company has selected GE steam turbine technology to increase the efficiency and the output of the Erbil Power Plant in Iraq's Kurdistan region. In operation since late 2008, the Erbil plant plays a vital role in meeting the growing power needs of Kurdistan, Iraq. Under the new agreement, GE […]
By John Lee. Nawzad Hadi, Governor of Erbil, has visited the Kore-Qandil road project to review progress. On his visit Mr. Hadi was accompanied by Deputy Governor Tahir Abdullah, general directors of roads, municipality and water resources in Erbil, in addition to the Mayor of Shaqlawa. They started their visit at the Kore-Qandil road, a […]
The Canadian Ambassador to Iraq and Jordan, Mr Mark Gwozdecky, met with Minister Falah Mustafa yesterday as part of his farewell tour of Kurdistan. Ambassador Gwozdecky has served in his post for over three years. He will return to Ottawa to head the Middle East Bureau at their Ministry of Foreign Affairs. During their meeting, […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. As central Iraq grapples with a surge in violence and a longer-term struggle to wean its economy off a dependence on oil, the economy of the autonomous Kurdish region in northern Iraq, of which […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Taxi drivers in Erbil, the capital of the semi-autonomous Kurdistan region in northern Iraq, are keen to tell every non-Kurdish person they give a ride to that there are more hotels […]
The UK's Middle East Association (MEA), in partnership with UK Trade & Investment (UKTI) and the Kurdistan Regional Government (KRG), will be leading a trade delegation to Iraqi Kurdistan this September (22nd-27th) to coincide with the ninth Erbil International Trade Fair, Iraq’s largest general trade exhibition. Mission participants will have the opportunity to exhibit at […]
Bin Shabib & Associates (BSA) LLP recently supported the French Business Council Dubai and Northern Emirates, in hosting a cocktail reception at the Divan hotel in Erbil. The reception was attended by representatives from several French companies looking to invest in Kurdistan, government officials, Regulator of Insurance Authority, the French Embassy, the President of the […]
By John Lee. According to property consultancy Colliers, there is a "clear market opportunity" to develop branded hotel projects in Erbil. Construction Weekly Online reports occupancy rates are increasing, and the construction of a new airport in the city has had a positive effect on the numbers of both business and leisure tourists. The total […]
By Abdel Hamid Zebari for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The economy of the Kurdistan region of Iraq fluctuates according to the state of relations between Baghdad and the Kurdistan Regional Government. A key indicator of the region’s economy, real estate, […]
By John Lee. A delegation from Erbil has visited the city of Brasov in Romania. Led by Deputy Governor Tahir Abdullah, the business group discussed the establishment of direct transport links from Erbil to Bucharest, and the provision of visas at the Romanian consulate in Erbil. Furthermore they addressed the issues of tourism and the participation […]
The Iraq Britain Business Council has boosted its operations in Iraq by opening a new office in Erbil. The IBBC’s new office is inside UB Holding at UB Plaza in Erbil’s Gulan Street. In the coming weeks an office manager will be hired. VIP guests included KRG Trade and Industry Minister Sinan Çelebi, British Consul […]
The Louis Berger Group has announced that it will help the Kurdistan Regional Government (KRG) to start up the Erbil Stock Exchange (ESX) in Iraq’s Kurdistan region, a joint endeavor of the Iraqi government and private sector to build a modern securities market. “The launch of the ESX initiative is yet another testimony of the […]
