By John Lee. The President of Kurdistan Region, Massoud Barzani (pictured), has approved the budget for 2013, officials from Ministry of Justice from KRG said. This follows the budget's approval last week by a majority of the Kurdistan parliament. (Sources: Kurdsat, AIN)
The UK's Middle East Association (MEA), in partnership with the Kurdistan Regional Government, will be leading a Trade Delegation to Iraqi Kurdistan from 28th April to 3rd May 2013, visiting Erbil and Duhok. The Kurdistan region remains one of the MEA’s major success stories. Last October we took another large UK trade delegation to the […]
By John Lee. The Kurdistan Regional Government is reported to have signed new agreements with Gazprom Neft, the oil-producing subsidiary of Russian gas monopoly Gazprom. "We are satisfied with Gazprom Neft's work in the region. New agreements have been reached with this Russian company in recent days," KRG President Masoud Barzani (pictured) was quoted as […]
By John Lee. Exxon Mobil has begun exploration for oil in Kurdistan Region, according to a report from PUKmedia. Safeen Dezae, Spokesman for the KRG, told the news agency that the company began its first stage of exploration with the scoping of locations; the second stage will involve exploratory drilling. Regarding the impact of the […]
By John Lee. Talks aimed at resolving the oil payments dispute between the Kurdistan Regional Government (KRG) and the Iraqi Federal Government are believed to have reached deadlock. Hopes of a resolution had been raised last week, but coalition legislator Ammar Tohme told Bloomberg that the political factions failed to agree on the amount of […]
From Iran’s PressTV. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Turkey has reportedly struck a massive oil and gas agreement with Iraq's Kurdistan Regional Government, a move that would strain Ankara's ties with the US and the central government in Baghdad. According to […]
Officials from the Dutch Ministry of Foreign Affairs and their mission in Baghdad came together in Erbil yesterday to officially open their embassy liaison office. The Secretary-General of the Dutch Ministry of Foreign Affairs, Mrs Renée Jones-Bos, was in the Kurdistan Region during the opening of the Erbil Embassy Liaison Office, which will be headed […]
By Bushra Al Mudhafar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It seems that a prospective national meeting of political parties in Erbil, the capital of the Iraqi Kurdistan Region, is imminent. But questions remain as to whether such a meeting can […]
Russian Foreign Minister Sergey Lavrov hosted President Masoud Barzani in the Russian Foreign Ministry on Thursday for discussions on "bilateral relations" and the situation in Iraq and Syria. In today’s meeting, both sides emphasized the need to strengthen relations between Russia on the one hand and Iraq and the Kurdistan Region on the other. Foreign […]
By Bassem Francis, translated from Al-Hayat (Pan Arab) for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Justice and Reform Movement in Nineveh has refused to build an oil refinery in a region they see as being “occupied by Kurdistan and monopolized by […]
President Masoud Barzani departed from Erbil International Airport on Tuesday with a high-level delegation to make his first official visit to the Russian Federation. During the visit, President Barzani is expected to meet senior Russian officials to discuss a number of important matters, including relations between the Kurdistan Region and the Russian Federation, political developments […]
By Abdel Hamid Zebari for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Kurdistan Region of Iraq is preparing to change its investment approach to focus on new areas of foreign and local investment — including tourism, agriculture and industry — after […]
