Tag Archives | KRG

Galiawa Group Opens New Steel Factory in Erbil

By John Lee. KRG Prime Minister Masrour Barzani has inaugurated the Van Steel Iron Factory in Erbil. According to a statement from the KRG, the factory, operated by Galiawa Group, is now the largest iron and steel facility in the Kurdistan Region and Iraq. In his speech, Prime Minister Barzani thanked Galiawa Group for their […]

"Kurdistan Region's Political Fortunes are Fading"

By Renad Mansour, for World Politics Review. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. In Iraq, the Kurdistan Region's Political Fortunes Are Fading Last month, the Iraqi army clashed with Kurdish peshmerga forces in the district of Makhmour, leading to multiple injuries […]

New Flour Mill Opens in Iraqi Kurdistan

By John Lee. On Sunday, November 19, 2023, the Kurdistan Regional Government's Prime Minister, Masrour Barzani, officially inaugurated the Distar Factory, a cutting-edge wheat flour mill, located in Domiz, Duhok Governorate. During his speech, Prime Minister Barzani emphasised the KRG's dedication to enhancing the agricultural sector and securing food security as top priorities. He outlined […]

Delayed Polls could Undermine Kurdish Autonomy

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Delayed polls could undermine Kurdish autonomy in Iraq After extensive delays, Iraqi Kurdistan is slated to hold regional parliamentary elections on Feb. 25 next year. The vote, already postponed twice, threatens […]

Erbil to Plant a Million Oak Trees

By John Lee. Erbil plans to plant one million oak trees within the next five years, according to a statement from the Kurdistan Regional Government (KRG), which adds that 300,000 of these trees are already planted. The project from the Ministry of Municipalities and Tourism is intended to enhance the greenery along the 120 Metre […]

Share Rise on Possible Resumption of Kurdistan Oil Sales

By John Lee. On Sunday, senior officials from the Iraqi Federal Government in Baghdad met with KRG Prime Minister Masrour Barzani and his team to discuss the resumption of oil exports via the Iraqi-Turkish Pipeline (ITP) the Turkish port of Ceyhan. Deputy Prime Minister for Energy and Minister for Energy Affairs and Oil, Hayan Abdul-Ghani, […]

KRG rolling out "One Window" e-Govt System

By John Lee. The Kurdistan Regional Government (KRG) has said it is rolling out its "One Window" e-government system across all government institutions in the near future. Statement from KRG: The "One-Window" system revolutionises administrative processes for citizens in the Kurdistan Region, making it easier to handle official documents at government offices. This system, currently […]

Recentralization "Imperils Iraq's Stability and Fuels Regional Tensions"

By Mohammed A. Salih, for the Foreign Policy Research Institute (FPRI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Recentralization Imperils Iraq's Stability and Fuels Regional Tensions Iraq is at a pivotal juncture, diverging from its post-2003 vision of a federated state as […]

KRG commits over $53m Annually for Cancer Treatment

By John Lee. The Kurdistan Regional Government (KRG) has allocated more than 70 billion Iraqi Dinars [$53 million] annually for the procurement of cancer medications, equipment, and medical supplies. Speaking at the laying of the foundation stone for the LINAC Radiotherapy Radiation Cancer Treatment Centre in Duhok, KRG Prime Minister Masrour Barzani also appealed to […]

National Bank of Iraq (NBI) joins MyAccount Initiative

The KRG announced that the National Bank of Iraq (NBI) has formally joined the 'My Account' financial inclusion initiative, bringing the number of participating banks to five: Ashur, BBAC, Cihan, NBI, and RT. This is part of efforts to provide beneficiaries with more banking choices, products, and services and foster healthy competition in the financial […]

KRG PM meets Kurdistan Region Investors

On the 17th of October 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) convened a meeting with a group of investors from the Kurdistan Region. Prime Minister Barzani underscored the KRG's steadfast commitment to advancing the investment sector. He highlighted the cabinet's ongoing efforts to facilitate projects for both local and foreign […]