Tag Archives | KRG

KRG Deputy Minister "Calls Iraq's Development Road Project Unfair"

From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG Deputy Minister Calls Iraq's Development Road Project Unfair KRG Deputy Minister Agrin Abdullah says Iraq's Development Road bypasses Kurdish areas, urging a railway via Kirkuk and Erbil before construction advances. Click here to […]

Kurdistan Region Advances Police Reform

From the United Nations Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region advances police reform to strengthen public trust and improve services The Kurdistan Region's Ministry of Interior, in partnership with the United Nations Development Programme (UNDP), is advancing […]

SOMO starts Compensating IOCs for Outstanding Oil Payments

By John Lee. A first cargo of top-up barrels has been lifted following an allocation by the State Oil Marketing Organization (SOMO) to compensate Gulf Keystone Petroleum (GKP) and other international oil companies (IOCs) party to the tripartite interim export agreements. The barrels reconcile export sales during Q4 2025 to international prices and begin to […]

Iraqi Finance Ministry "Sets New Dinar Rate for Selected Projects"

From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Finance Ministry Sets $100 at 150,000 Dinars in Budget Iraq has set $100 at 150,000 dinars for certain housing payments, but Kurdistan Region investors lack access to the same official-dollar mechanism. Click here […]

Iraq "Approves $267m in Pending Farmer Payments"

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Approves $267M in Pending Farmer Payments, $45M for Kurdistan The Iraqi government has approved 350 billion Iraqi dinars (around $267 million) in pending 2025 dues for farmers nationwide, with 58.6 billion dinars (around […]

KRG Disputes Dana Gas Deal, "will take All Appropriate Measures"

By John Lee. The Kurdistan Regional Government (KRG) has said that Crescent Petroleum and Dana Gas, the joint operators of the Khor Mor field, commenced gas supplies from the Kurdistan Region to Iraq's Ministry of Electricity without its approval or authorisation, in breach of their contractual obligations. According to the KRG, it was notified on […]

"No Further Legal Challenge" in Bina Bawi Dispute

By John Lee. Genel Energy has confirmed that there will be no further legal challenge in its dispute with the Kurdistan Regional Government (KRG) regarding the Bina Bawi field. In April, the company announced that its subsidiary, Genel Energy Miran Bina Bawi Limited (GEMBBL), has been ordered by the London Court of International Arbitration (LCIA) […]

KRG's 'Gashanawa' Project to Support 100 SMEs

By John Lee. The Kurdistan Regional Government (KRG) has launched the second phase of the Gashanawa [Shine] Project, which will provide financial support of between IQD 1 million ($763) and IQD 150 million ($114,500) to 100 small and medium-sized enterprises in the agricultural and industrial sectors. According to the KRG's Department of Media and Information, […]

KRG Reports on Progress of Projects

By John Lee. The Kurdistan Regional Government (KRG) has issued its official data report for projects undertaken by its Ninth Cabinet (2019-2026), including official data for the following sectors: Banking System Electricity Infrastructure Employment Opportunities Environment Electricity Infrastructure Food Security Investment Public Services Reform Road Infrastructure Society and Government The Kurdistan Region's Global Standing Water Security […]

Iraq Water Flow "Doubles" after Agreement with Turkey

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Water Flow Doubles after Agreement with Turkey: Iraqi PM Advisor Upstream water flows to Iraq have increased significantly as a nearly two-year water agreement between Baghdad and Ankara entered the implementation phase, an advisor […]