The latest Korea – Iraq Business News – housing, construction, company Kogas, & more – brought to you by Iraq Business News
Eleven young Kurds finished a two-month course to learn Korean in a program sponsored by the LG company and the Kurdish-Korean Friendship Association. The programs aim wa to enhance bilateral cultural relations. "Learning the Korean language is a major link towards understanding the culture. Teaching the Korean language to Kurdish students is definitely a step […]
Turkish oil company Genel Enerji AS has reportedly agreed to sell part of its stake in three northern Iraq oilfields to South Korea’s UI Energy Corp. for more than $175 million [210 billion Iraqi dinars]. BusinessWeek reports that Genel Enerji will sell 5 percent stakes in the Dohuk and Tawke fields and 10 percent of […]
Kurdistan Regional Government (KRG) officials hosted a delegation of prominent South Korean companies on Wednesday in the first meeting of the Kurdistan-Korean Business Forum. South Korea’s Ambassador Suk Bum Park, Chairman of the Investment Board Minister Herish Muharam, and Head of the KRG Department of Foreign Relations Minister Falah Mustafa Bakir presided over the forum […]
A delegation from the South Korean STX company met officials from the State Company for Iraqi Ports on Wednesday to discus ways of boosting cooperation in the ship-building field, according to a report from Aswat al-Iraq. “The meeting ended with the agreement to send a delegation from the Iraqi company to Korea to benefit from […]
South Korea's state-run petroleum company said on Tuesday that it has discovered crude oil reserves in two blocks in northern Iraq. AFP reports that the Maeil Business Newspaper said the reserves in the Bazian and Sangaw North blocks in the Kurdistan autonomous region are estimated to total two billion barrels. But the Korea National Oil […]
