Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
Erbil's Deputy Governor said on Saturday that they plan to construct two new overpass projects along with underpasses to ease the traffic in the north of the city. The two projects are intended for the Kaka Ziyadi Koya and Zober Bilal intersections in Erbil, Tahir Abdullah told AKnews, adding that many cars loaded with university […]
Prime Minister Barham Salih [Barham Saleh] and France’s Ambassador to Iraq today opened a French centre for research inside Erbil Citadel, the world’s oldest continuously inhabited settlement. As well as launching the Iraq office of l’Institut Francais du Proche-Orient (IFPO - the French Institute for the Near East), Prime Minister Salih and Ambassador Boris Bouillon […]
The President of the Kurdistan Chamber of Commerce announced the arrival of the British trade delegation headed by the President of the British Business Council in Iraq, to strengthen ties between Kurdistan and Britain. Dara Jalil Khayat told AKnews that the purpose of the visit is to develop business relations between Britain and Kurdistan “in […]
From 6th November 2010 airberlin will be operating one non-stop flight each week from Düsseldorf to Erbil in Northern Iraq. In addition the airline will also be offering fortnightly flights from Düsseldorf to Sulaymaniyah. Many of the seats have already been booked by a tour operator. The flights to Iraq are now available for booking […]
Erbil will host Iraq’s major construction sector trade fair later this month as the country’s demand for private sector housing and infrastructure continues to grow. The third Project Iraq trade fair will bring together some 300 exhibiting companies from all over the world on 27 - 30 September and is expected to attract 50,000 professional […]
Conference on bridging the research gap The Kurdistan Regional Government (KRG) Ministry of Higher Education and Scientific Research will hold an international conference on revitalising scientific research, from 14 to 16 December in Erbil, capital of the Kurdistan Region. The goal of this conference is to connect university departments and individual scientists with their counterparts […]
DNO's shares were up 0.9% in mid-morning trading on the Oslo stock exchange, following the release of July production figures. DNO’s working interest production increased from 23,478 bopd in June to 27,279 bopd in July, and net entitlement production increased from 15,135 to 17,621 bopd. The increase is mainly due to higher deliveries of crude […]
Turkish bank Vakifbank will open a branch in the northern Iraq Kurdish city of Erbil by the end of this year, according to Turkish newspaper Hurriyet Daily on Friday. “We have submitted an application to the central Iraqi government to open a new branch of the bank in Erbil,” Suleyman Kalkan, Director General of the […]
Emerging from the global financial crisis unscathed, several Turkish banks plan to expand into neighbouring countries. Following Ziraat Bankas, Bankas and Kuveyt Türk, leading Turkish bank Albaraka Türk is also planning to open a branch in Erbil, northern Iraq, Fahrettin Yahi, the general manager of the bank, said yesterday. The growing business volume between Turkey […]
A 55 billion U.A.E. dirham ($15 billion) property development that was to have been built in Iraqi Kurdistan by Dubai-based developer Damac Properties has been cancelled, reports Abu Dhabi-based newspaper The National on Thursday. The Tarin Hills project was to be a mixed-use development including luxury villas, two five-star hotels, a theme park, golf course, […]
The Second Fair for Municipalities, Constructions, and Ceramics was opened on Monday, 12th July, in Erbil city. “The fair will last for one week,” a source from the fair told Aswat al-Iraq news agency on Sunday. He noted that 259 foreign firms from 10 countries are participating in the fair. AK News reports that Iran, […]
Investment projects in the capital of Kurdistan region, Erbil, are estimated at $7.5bn, the deputy governor reported on Tuesday. "We expect that investment will increase in the coming years,” Tahir Abdullah said. The projects have been carried out in different sectors, such as industry, reconstruction, agriculture and housing projects in Erbil, Abdullah noted. A member […]
