Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
Major U.S. hotel brands are moving into the north of Iraq, a reflection of growing economic development in the Kurdistan region of a country that most U.S. consumer brands have long avoided. Marriott International signed agreements on Sunday with Empire Iraq to manage two new properties in Iraq’s Erbil. The agreements, signed at the newly […]
Kuwait will open consulates in Erbil and Basra in the next few days in an effort to increase the country’s investment in the regions, the Kuwaiti Embassy in Baghdad said today. Kuwait's ambassador to Iraq Ali al-Muamman said: "Kuwait is working to expand diplomatic and economic relations with Iraq by opening consulates in various Iraqi […]
Former British Prime Minister Sir John Major concluded a historic three-day visit to the Kurdistan Region in which he received a warm welcome from officials and the public and praise for the bold decision he took in 1991 that laid the foundations for the progress and achievements in Kurdistan today. During his visit, the former […]
Best Western International, a leading international hotel chain, has announced its plans to open its first hotel in Erbil. A signing ceremony was held recently with Glenn de Souza, Best Western International’s vice president international operations for Asia & the Middle East, and Halgord Azzo, CEO of Golden Mountains Company, owner of Best Western Premier […]
Rabee Securities has announced the opening of a new branch office in Erbil, in Iraqi Kurdistan. The company statement says that the "city of Erbil is fast becoming a commercial and industrial hub in Iraq. Rabee Securities' Erbil branch will be the first branch of an ISX licensed broker dealer to start operations in this […]
The foundation stone was laid for a new $10m [12 billion Iraqi dinar] commercial complex and shopping centre in Erbil on Sunday. Samir Abdullah, Minister of Municipalities and Tourism of the Government of the Kurdistan Region, emphasised the importance of Kuwaiti investments in the region. Nasser Al Sayer, Chairman of the Kuwait Al-Sayer Group of […]
A book fair exhibiting 15,000 titles has been opened in Erbil city’s Central Library. The book fair, organized by the media group Hana Group, in line with its motto “Books for all”, brings together 25 publishers from Iraq, Syria, Jordan, Saudi Arabia, Lebanon, Egypt and Iran and is expected to continue for 10 days. The […]
Overview Levels of violence rose in Iraq last week, with a particular increase in the number of attacks targeting civic employees in Baghdad. There were also clusters of violence in the cities of Fallujah, Ramadi, Mosuk and Kirkuk, as well as in the north of Babil province. The south was relatively quiet, as was most […]
Swiss-Belhotel International is pleased to announce the signing of a management agreement with Sardar Investments Pty. Ltd, a part of Sardar Group, for the management of a 4 star international hotel in Erbil. Erbil, a historical city (6000 BC) and the capital of Iraqi Kurdistan, is home to a large number of international companies, government […]
An international investment magazine has ranked Erbil in fifth position among top Middle East cities with potential for foreign direct investment. This places Erbil ahead of Muscat and Riyadh. FDI Magazine, a subsidiary of the Financial Times, in this month's edition, ran a feature on Middle East cities of the future, ranking cities by economic […]
Japanese auto-maker Nissan has opened its main sales office in Iraq in the capital of the Kurdistan Region, Erbil. Nissan becomes the second major Japanese car manufacturer to have an office in the Kurdish capital, after Toyota. Sardar Cars Group will be the sole agent for Nissan in Iraq which has based its office in […]
State authorities and CEOs of all major airports in Iraq will congregate at the Iraq airports expansion ,cargo ,logistics conference. The Ministers and the CEOs who have expressed their interest to participate are , Minister of Housing & Reconstruction- H.E.Kamaran Ahmed Abdullah , Minister of Interior, Kurdistan - H.E.Karim Sinjari,Minister of Trade and Industry - […]
