Tag Archives | KRG

$18m New Projects started in Zakho

KRG Prime Minister Masrour Barzani has laid the foundation stones on Tuesday for several projects budgeted at over 26 billion Dinars [$18 million] in the Zakho Autonomous Administration. The projects include the construction of several highways and schools, as well as the renovation of Zakho's old bazaar. Prime Minister Barzani stressed the importance of the […]

Iraqi Kurdistan to launch "Special Economic Zones"

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan to launch SEZs for imports substitution Minister Muhammad Shukri discusses the Kurdistan Regional Government's (KRG) plans to set up 16 zones for life beyond oil. The full article can be viewed […]

SOMO warns Int'l Companies not to buy Oil from KRG

By John Lee. Iraq's State Oil Marketing Organization (SOMO) has announced that it had taken "marketing measures" and informed all international companies not to buy crude oil from the Kurdistan Region of Iraq (KRI). SOMO Director, Alaa Al-Yasiri, also told the state-run Iraqi News Agency (INA): "The Federal Court issued a decision stipulating the invalidity […]

New Road Opened in Soran, Kurdistan

KRG Prime Minister Masrour Barzani has inaugurated the new Spilk-Khalifan highway in the Soran Autonomous Administration. The 8.5-km highway has been implemented at a cost of 64.2 billion Iraqi Dinars [$44 million]. At the inauguration ceremony, the Prime Minister described the highway as one of the many strategic projects aimed at enhancing the economic infrastructure […]

$24m for Flood Defences in Erbil

KRG allocates 35 billion Dinars to mitigate the impact of flooding in Erbil province Under the direct supervision of Prime Minister Masrour Barzani, the Erbil Flood Conference was launched on Saturday. The Conference will last for two days and is also being attended by various officials of the Kurdistan Regional Government (KRG), as well as […]

Digitization of Pension Management System in Kurdistan

UNDP, USAID and KRG support digitization of the Public Pension Management Information System in Kurdistan The United Nations Development Programme (UNDP) in Iraq and Kurdistan Regional Government (KRG) of Iraq, with support from the United States Agency for International Development (USAID) has launched a new Public Pension Management Information System (PPMIS) in Kurdistan. The system […]

KRG launches new Tendering Process for Medicines

By John Lee. The Kurdistan Regional Government (KRG) has announced a new tendering process for medicines. According to a statement from the KRG, the new system will stabilise the price of 230 different medications. KRG Prime Minister Masrour Barzani commented: "Through transparent contracts, we will provide our citizens with better quality medicine at a lower […]

KRG opens New Data Center

KRG Prime Minister Masrour Barzani on Sunday visited the Kurdistan Regional Government's Department of Information Technology (DIT). After reviewing the work of the Department, Prime Minister Barzani inaugurated the government's Central Data Center, a sophisticated and protected system that provides information in all different sectors, and helps elevate the work of KRG institutions. Prime Minister […]

US Consul says Existing KRG Oil Contracts must be respected

By John Lee. The US's newly-appointed Consul General in Erbil has said that existing contracts between international oil companies (IOCs) and the Kurdistan Regional Government (KRG) must be respected. Consul Irvin Hicks Jr. made the comment following a meeting with the KRG's Minister of Natural Resources, Kamal Muhammed Salih, on Wednesday. In a statement issued […]

KRG Condemns SOMO Threats to Buyers of Kurdish Crude Oil

From the Kurdistan Regional Government: The Kurdistan Regional Government strongly condemns the letter issued on 23 August 2022, by Iraq's State Oil Marketing Organization (SOMO) that threatens legal action against buyers and traders of crude oil produced in the Kurdistan Region. SOMO's letter is nothing more than another drip in a stream of disinformation published […]

KRG launches new Digitised Driving Licence System

By John Lee. The Kurdistan Regional Government (KRG) has launched a digitised driving licence system. In a press release this week, KRG Prime Minister Barzani is seen renewing his own driving license using the new system. Prime Minister Barzani praised the Ministry of the Interior and the company in charge of implementing the new process, […]