A member of the Dutch parliament, Van Bommel who is currently in Kurdistan Region on an official visit, said that the Netherlands is willing to increase its representation in the semi-autonomous region. During a meeting with President of the Kurdistan Region, Massoud Barzani, he said that the goal of his visit to Kurdistan is to […]
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 proxy Iraq […]
Following a demonstration in Erbil by 700 mine action professionals late last year, the Kurdistan Regional Government will review their pay and working status to ensure that they are fairly rewarded for their vital work. The deminers marched to the Kurdistan Parliament in November to submit their demands. The Speaker Dr Kamal Kirkuki spoke on […]
The Kurdistan Regional Government (KRG) is planning to implement services projects costing a total of 67 billion dinars ($57 million) in the areas of Khaniqin, Jalawla' and Sadiya, according to Aswat al-Iraq. Khaniqin and other adjacent areas are among the areas disputed between the central government and Kurdistan, a problem which it is hoped will […]
India’s first ambassador to be appointed to Iraq in the last nine years yesterday made his first visit to the Kurdistan Region, to meet President Masoud Barzani and to discuss economic partnership opportunities with the Kurdistan Regional Government. The three-day visit was Ambassador Reddy’s first trip to the Kurdistan Region since assuming his post in […]
The Ministry of Agriculture and Water Resources of the Kurdistan Regional Government (KRG) gave loans to almost 1,500 individual projects in 2011, reports AKnews. Nuri Ismael, The Ministry's loans and marketing director, told the news agency that the agricultural banks in Sulaimaniya, Erbil, and Duhok provinces as well as Garmiyan area have given a total of […]
AKnews reports that an Italian company is planning to set up an olive processing factory in the region. The KRG's Agriculture Minister, Jamil Suleiman, told the agency that the Ministry allocated 600 acres of land for growing olives, following a request from the company to facilitate the project. In the second phase, the Ministry will […]
In an effort to enhance cooperation and trade relations with the Kurdistan Region, the Swedish Minister of Health and Social Affairs, Mr Göran Hägglund, visited the region with a business delegation this week. During his visit, Sweden announced that it will upgrade its diplomatic presence from an honorary consulate to an Embassy Office. The visit […]
Nouri al-Maliki has said that the iraqi Government has no intention to cancel the contract with ExxonMobil to develop the West Qurna 1 oil field. "We haven't cancelled its contract in the south," said Mr. Maliki in an interview with The Wall Street Journal. "We are looking for a way for [ExxonMobil's] other contracts in […]
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 is reported to be in talks with the United States about the exploration deals signed by ExxonMobil in Iraqi Kurdistan without Baghdad's approval, according to a report from Reuters. Deputy Prime Minister for Energy Affairs Hussain Al Shahristani (pictured) said that Iraq was considering several options, not sanctions, over the deal and there was […]
Speech by KRG Minister Herish Muharam, Chairman of the Kurdistan Investment Board, to “Iraq – Untapped Opportunities” Conference in London. Ladies and Gentlemen, I’m very pleased to participate in this important conference on the untapped opportunities in Iraq. As the Chairman of the Kurdistan Board of Investment, it’s my pleasure to be speaking to you, […]
