Tag Archives | KRG

GKP outlines Payments to Govts for 2023

By John Lee. Gulf Keystone Petroleum (GKP) has just published details of its payments to governments for the year 2023: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ("Gulf Keystone") for the year ended 31 December 2023 as required under Disclosure and […]

Foreign Investment "undermined by Corruption" in Kurdistan

By Dr. Joel Ruet, for Diplomatic Courier. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Foreign investment undermined by corruption risks in Iraqi Kurdistan Iraqi Kurdistan was once seen as a beacon of promise in the troubled country, but things have changed in recent […]

83 Schools Completed in Bardarash

Mahdi Khalil Amin, Director of Education in Bardarash [Dohuk], announced that the region has seen the construction of 13 new schools and renovations to 70 others over the past four years, totalling an investment of IQD 10.5 billion [$8 million]. These projects included not only building new schools but also adding classrooms to existing facilities. […]

Iraq has "No Intention" of Restarting Kurdish Oil Pipeline

From OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Has No Intention of Restarting Kurdish Oil Pipeline Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export some 350,000 bpd to […]

Bank of Baghdad joins KRG's Financial Inclusion Initiative

By John Lee. Following approval from the Central Bank of Iraq (CBI), the KRG has announced that the Bank of Baghdad will join its 'MyAccount' financial inclusion initiative. In a statement, the KRG said: "Bank of Baghdad's participation will help increase banking products and services and accelerate the emergence of consumer credit for the people […]

Iraq "Plans to Reopen Own Oil Pipeline"

By Jack Dutton for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq plans to reopen own oil pipeline as talks to restart Kurdish route stall The move to reopen the pipeline will irk the Kurdistan Regional Government, as it introduces […]

Genel Energy outlines Payments to Govts for 2023

By John Lee. Genel Energy has just published details of its payments to governments for the year 2023: Introduction and basis for preparation This report sets out details of the payments made to governments by Genel Energy plc and its subsidiary undertakings ('Genel') for the year ended 31 December 2023 as required under the Disclosure […]

KRG Investment Delegation visits France and Italy

By John Lee. An delegation from the Kurdistan Regional Government (KRG) conducted a diplomatic mission to France and Italy from 26th to 29th March 2024, with a focus on investment. The mission was led by Safeen Dizayee, Head of the Department of Foreign Relations, and Dr. Mohammed Shukri, Chairman of the Kurdistan Board of Investment. […]

War of Words Continues re KRG Oil Exports

By John Lee. The Iraqi Oil Ministry has responded to criticism from the trade body representing international oil companies (IOCs) operating in Iraqi Kurdistan, as they mark the one-year anniversary of the closure of the Iraq-Turkey Pipeline (ITP) connecting northern Iraq with the Mediterranean port of Ceyhan. Highlighting the economic cost of the pipeline closure, […]