Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
AKnews reports that there will be fewer international expos in Erbil this year. . Latif Aref, head of Erbil International Fair, told AKnews that in the previous year 13 international expos were held in Erbil, while only 10 are planned for 2012. An expo will be organized every month except for July and August, because […]
Levels of violence fell in Iraq over the past week, with attacks concentrated in Mosul, Baghdad and Kirkuk. There was a scattering of incidents throughout the central provinces and a notable bombing attack on oil and gas infrastructure in Basrah province. Bomb attacks left at least 15 people dead and 77 injured, a decline from […]
Avnet Technology Solutions, an IT solutions distribution leader and an operating group of Avnet, Inc. (NYSE: AVT), will hold a special training program “HP Networking Academy” in association with HP Networking division. As part of Avnet’s Value Add program the training is designed to enrich the skill set of channel partners and to update them […]
Construction has started on Best Western’s first two hotels in Iraq which will operate under the Best Western Premier brand in Erbil, the capital of Iraqi Kurdistan, reports Hotelier Middle East. The 82-room Best Western Premier Erbil Airport will be the first to open in 2013, located near to the recently-opened Erbil International Airport. This […]
The U.S. government through the United States Agency for International Development (USAID) participated this week in the 4th Iraq Agro-Food Expo in Erbil, showcasing the success of the USAID-Inma Agribusiness Program and highlighting beneficiaries. The success of this program is an example of US-Iraqi cooperation, under the auspices of the Strategic Framework Agreement, in support […]
The Claremont Group has expanded its international development operations into the rapidly growing commercial and residential real estate market in the Kurdistan region of northern Iraq. The New York-based real estate firm has launched construction on a major modern residential community in the region's capital of Erbil, Iraq's most secure and fastest-growing city. The Atlantic, […]
Kurdistan’s private sector held a press conference on Wednesday to announce the forthcoming 7th annual Erbil International Trade Fair, Iraq’s largest general fair. The trade fair this year, which takes place from 24 to 27 October, will be the largest in terms of size and the number of companies, highlighting the rapid economic growth in […]
Rudaw reports that a delegation from the Sheraton hotel chain recently visited Erbil to explore the possibility of building a hotel. Omed Kayfi, head of Kurdistan Region tourism department, told Rudaw, “so far ... Marriott, Hilton and Turkish Divan brands are building hotels in Erbil ... Sheraton has also visited the Kurdistan Region to assess […]
DNO International today [Wednesday] received a second payment of USD 60 million from the Kurdistan Regional Government in respect of oil exports from the Tawke field operated by the Company in northern Iraq. A first payment of USD 103.7 million was received in June 2011. The Company had previously reported temporary reductions in production from […]
The Iraqi-Italian Economic Forum was opened in Erbil on Monday, with the participation of between 40 adn 50 Italian companies, along with representatives from the Italian Chambers of Commerce and Industry and Iraqi Chambers of Commerce. The forum, also attended by Iraqi Kurdistan Region’s Minister of Industry & Trade, Sinan al-Chalaby [Chalabi] and the Minister […]
Hilton Worldwide is set to open its first hotel in Erbil, the flourishing capital city of Iraqi Kurdistan, under a management agreement with New York based real estate developer The Claremont Group. Comprising of 200 serviced apartments, DoubleTree Suites by Hilton Erbil is expected to open at the end of 2013. The new hotel will […]
Erbil’s employment committee announced today that it has overseen for the first time the recruitment of 1,868 new primary and secondary school teachers in the province. AKnews reports that the names of the new recruits were announced in a ceremony at the Health Directorate Conventions Hall at the heart of the provincial capital. At the […]
