By John Lee. The KRG's Ministry of Trade and Industry jointly has opened a Project Development Center in Ministry's headquarters. The center, established with the United Nations Assistance Mission for Iraq (UNAMI), is the first of its kind in the Kurdistan Region. According to a report from AKnews, Trade Minister Sinan Chalabi (pictured) said the […]
By John Lee. Northern Ireland's Enterprise Minister, Arlene Foster (pictured), has today signed a Memorandum of Understanding (MOU) with the Kurdistan Regional Government, which will strengthen trade links and define areas of co-operation between the two regions. The MOU is the result of the Minister’s visit to Kurdistan in October 2011 when she met with […]
By John Lee. Turkey has started importing the crude oil from the Kurdistan Region of Iraq, and will hold negotiations over direct sales to the natural gas. The Turkish Energy Minister said in a press conference on Friday that "Turkey has started importing five to ten trucks of crude oil per day from Kurdistan, and […]
By John Lee. Turkey's Energy Minister, Taner Yildiz, said the ministry has started technical work with Iraq's central government on shipping crude oil from Basra, in southern Iraq, via the Kirkuk-Ceyhan pipeline to Turkey's Mediterranean coast, according to Reuters. The announcement came days after the KRG said it might sell natural gas directly to Turkey […]
By John Lee. Several Saudi companies have expressed a desire to invest in the Kurdistan Region. Assaf Ben Nasser, President of Administration & Human Resources of the Western Region and General manager of several factories in Saudi Arabia, and Abdulaziz Ben Othaymeen, a Saudi businessmen, told Puk Media that the commercial, industrial and investment markets […]
Minister Falah Mustafa, the Kurdistan Regional Government's Head of Foreign Relations, met Lord Howell, Foreign Office Minister in the House of Lords, in London. He also met other ministers and British parliamentarians, and thanked them for their support for the Kurdistan Region. Minister Mustafa and Lord Howell discussed ways of deepening the already good relations […]
The KRG will participate in the inauguration ceremony of the United Nations' 56th session of the Commission on the Status of Women for the first time, with the participation of more than 190 countries. Dindar Zebari told Iraqi News agency: “The meeting will evaluate progress on gender equality, identify challenges, set global standards and formulate […]
The Foreign Minister of Poland was joined by Prime Minister Nechirvan Barzani and the Foreign Ministers of Sweden and Bulgaria to officially inaugurate the new Polish consulate office in Erbil today. The plans to establish a presence in the Kurdistan Region were announced last year by Poland’s Ambassador to Iraq, Mr Stanislaw Smolen, and were […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
The foreign ministers of Sweden, Poland and Bulgaria yesterday arrived together in the Kurdistan Region where they met President Masoud Barzani and Prime Minister Nechirvan Barzani to discuss ways to strengthen cooperation and to talk about the latest political developments in Iraq and the ongoing crisis in Syria. President Barzani welcomed the three foreign ministers, […]
The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford and currently based at the Norwegian Institute of International Affairs. It is reproduced here with the author’s permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. […]
Iraq gave a veiled warning to France's Total on Wednesday not to make deals with the KRG without the approval of central government in Baghdad, reports Reuters. Kurdistan said on Tuesday it expects more oil majors to follow Exxon in striking deals in the region; Total has already said that it was interested. Iraqi Deputy […]
