Iraq Business News brings you the latest news from Erbil, Kurdistan, Iraq – including Banking, Airlines, Hotels, Property and more.
By John Lee. A formal signing ceremony has been held in Dubai to mark the launch of a partnership between France's TotalEnergies and Erbil-based Cihan Group, which has now become the authorised supplier of the company's motor oils and lubricants in the Kurdistan Region of Iraq. According to a statement from Cihan, the agreement aims […]
By John Lee. On Sunday, Erbil International Airport (EIA) marked the departure of its first direct flight to Athens, operated by Aegean Airlines. The launch event was attended by Nikolaos Stergioulas, Greek Consul General in the Kurdistan Region, and Ahmed Hoshyar, Director of Erbil International Airport. Consul General Stergioulas and Mr. Hoshyar highlighted the strategic […]
By John Lee. The Kurdistan Regional Government (KRG) has given an update on the renovation of Erbil Citadel. The 6,000-year-old site was designated a World Heritage Site by UNESCO in June 2014. One of the oldest continuously inhabited settlements, with over 6,000 years of history. Covers 110,000 square meters. Includes 506 houses. Completed Work: Stone […]
By John Lee. Kuwait-based Safir Hotels & Resorts has announced its entry into Iraqi Kurdistan with a new 5-star hotel in Erbil. The management contract was officially signed between Hariri Building & Contracting Co. HARCO Offshore, the hotel's owning company, represented by Mr. Mostafa Al-Hariri, Chairman of the Board, and Safir International Hotels & Resorts, […]
By John Lee. Greece's Aegean Airlines has announced a new direct route between Athens Airport to Erbil International Airport in Iraqi Kurdistan. Flights will commence on 23rd February and operate twice a week, every Wednesday and Sunday. (Source: Aegean Airlines)
By John Lee. The US Agency for International Development (USAID) has announced a $20 million investment over four years to enhance water and sanitation services in Iraq, benefiting 2.5 million people across five governorates: Maysan [Missan], Diwaniyah, Ninewa, Baghdad, and Erbil. Implemented by the United Nations Children's Fund (UNICEF) under the Government of Iraq's leadership, […]
By John Lee. Saudi Arabia's Ambassador to Iraq, Abdulaziz Al-Shammari, is quoted as saying that a commercial representation office for Saudi Arabia is being established in Erbil, as part of broader efforts to strengthen trade ties between Saudi Arabia and Iraq. The office will function under the commercial consulate in Baghdad. In a statement to […]
By John Lee. The Kurdistan Regional Government, led by Prime Minister Masrour Barzani, has laid the foundation for a $480 million emergency water supply project in Erbil. Set for completion within 550 days, the project aims to fully resolve the city's water shortage by treating 480,000 cubic meters of water daily and supplying 20,000 to […]
From the Iraq Britain Business Council (IBBC): British International University in Iraq Opens New Campus in Erbil The new British International University in Iraq, a project between IBBC members London University, GEMS, and CISQ, was officially opened by the Prime Minister of the KRG, Mr. Masrour Barzani, on Saturday, 7th September. The event was attended […]
By John Lee. Lufthansa has announced the resumption of flights to Erbil and Amman from Tuesday 27th August. Flights to these destinations, and to Beirut, Tel Aviv and Tehran, had been suspended due to what the German airline described as "exceptional circumstances in the region." Flights to Beirut, Tel Aviv and Tehran, remain suspended, while […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Erbil to shut down over 100 illegal refineries: Governor More than 100 illegal refineries in Erbil province were ordered to shut down on Sunday by the governor; additionally, a deadline was set for legal […]
By John Lee. Erbil-based Prime Water Technology has won a series of contracts with the United Nations Office for Project Services (UNOPS) for the restoration of three boreholes in Sinjar: Lot 1 - Restoration of Al-Qabousiyah borehole: Contract value $225,063; Lot 2 - Restoration of Beir Shireen borehole: Contract value $307,389; Lot 3 - Restoration […]
