Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
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. […]
The United Nations Assistance Mission for Iraq (UNAMI) has a requirement for Provision of Upgrade, Reapair and maintenance of Public Announcement (PA) System for the newly constructed buildings at UNAMI Regional Headquarters, Erbil, Iraq. The system should effectively cover the entire compund and making public announcements clearly audible in all areas and buildings within the […]
Kurdish oil minister Ashti Hawrami (pictured) has confirmed the names of the six exploration blocks awarded by the Kurdistan Regional Government to ExxonMobil: Al Qush, northwest of Erbil city and formerly assigned to Komet Group but withdrawn for lack of development; Bashiqa, southeast of Al Qush town; Pirmam in Erbil; Betwata; Qura-Hanjeer, southwest of Chamchamal; […]
A new silo with a storage capacity of 60,000 tons of wheat is under construction in Erbil province, according to AKnews. An advisor to the Iraqi Kurdistan Regional Ministry of Trade and Industry, Faris Majid, told the news agency that the new project, worth $21 million, occupies a 70-acres site on the Erbil-to-Gwer road in […]
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 […]
