Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
KRG Prime Minister Nechirvan Barzani on Thursday inaugurated the first electricity plant anywhere in Iraq to be converted to a combined cycle system. The conversion will increase the amount of electricity produced without using extra fuel to run the plant, to support the growing electricity needs of the Kurdistan Region and Iraq. Speaking at the […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
AKnews reports that Imad Ahmed, deputy for Kurdistan Regional Government (KRG)'s prime minister, laid the foundation stone of the $36m Hiwa Hospital for Children on Tuesday evening. The 150-bed charity hospital will be constructed on 35,000 square meters and from KRG's budget, the KRG website reported. The hospital will cater for patients from the prenatal […]
Ms. Suzan Aref, Director of the Women’s Empowerment Organization (WEO) in Erbil, recently gave a lesson in leadership to 45 students at the Mar Qaradakh School in Erbil. This school, which offers English language and computer training courses, is sponsored by the Start Social Development Organization in collaboration with the United States Consulate in Erbil. […]
Speech by KRG Prime Minister Nechirvan Barzani, at the STEAM Conference, Saad Palace Conference Centre, Erbil, 20th May 2012. Good morning and welcome to Erbil, the capital of the Kurdistan Region. I would like to welcome His Excellency Taner Yildiz, the Minister for Energy and Natural Resources, Mr Madhat Balkan, Chairman of the STEAM organization, […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
Starwood Hotels and Resorts Worldwide has signed an agreement with BCD Co. to manage a new-build Sheraton hotel in Erbil, Iraq. Scheduled to open in 2015, the Sheraton Erbil Hotel will mark the re-entry of Starwood in the country after 20 years. Located in the new part of the city, approximately 10 minutes from Erbil […]
Aswat al-Iraq reports that Japanese auto-maker Nissan will open its biggest service center in the Middle East in May in the city of Erbil. "Iraq started to take positive steps in investment by providing appropriate [conditions]," Ahmad al-Kaswani, general director of Carzone, told the news agency. Carzone is part of the Sardar Group. (Source: Aswat […]
The third annual German Industry and Trade Chamber exhibition in Erbil opened on Tuesday and will run for the next two days, according to AKnews. The products of German companies, which operate across Iraq in fields of automobiles, cosmetics, transportation and communications, will be on show. (Source: AKnews)
Levels of violence rose in Iraq last week. Security measures were gradually relaxed following the conclusion of the Arab League Summit which appeared to grant militants slightly more opportunity to conduct attacks. At least 29 people were killed and 19 injured in nationwide incidents. Tactics A total of 20 bomb attacks left 10 people dead […]
UAE-based Starlight Airlines, the largest cargo operator to and out of Iraq, has entered into an agreement with Emirates SkyCargo to launch cargo operations between its Sharjah hub and Erbil in the Kurdistan region of Iraq. Under the agreement, the service operates a Boeing 777 freighter to Erbil, twice a week initially, possibly increasing to […]
Japanese electronics group Sony has opened its first outlet in Iraq in the city of Erbil, amid ambitious plans to expand further into the competitive Iraqi market. The showroom will have the brand's latest electronics on sale and will also provide a costumer care and maintenance service, according to the director of Sony in Erbil. […]
