By John Lee. From September 17 to 21, 2023, Veteffect, RVO and the Dutch Consulate General-agricultural team organized a Horticultural Orientation Mission to the Kurdistan region of Iraq (KRI). Because of urbanization and climate change, protected horticulture offers attractive opportunities for business, food security and jobs in KRI. According to a statement just issued from […]
By John Lee. The Kurdistan Regional Government (KRG) has announced that BBAC Bank has joined the 'My Account' financial inclusion initiative, increasing the total number of participating banks to four: Ashur, BBAC, Cihan, and Region Trade Bank (RTB). It said this is part of ongoing efforts to expand the initiative and provide citizens with more […]
By John Lee. The Kurdistan Regional Government (KRG) has said that customs duties and taxes at border crossings will now be levied exclusively in Iraqi dinars instead of US dollars. Full statement from the KRG: According to Decree No. 227 of the Council of Ministers, dated September 20, 2023, customs duties and taxes at border […]
Kurdistan Region Boosts Water Resources with 13 New Dams The ninth cabinet of the Kurdistan Regional Government (KRG) has made significant strides in enhancing water availability across the region. Their primary focus has been the construction of dams and reservoirs, with the completion of four dams and ongoing work on 13 additional ones. The combined […]
Kurdistan Region Strengthens Commercial Ties with Pakistan On Wednesday, October 11, 2023, Kamal Muslim, the Minister of Trade and Industry for the Kurdistan Regional Government (KRG), held a meeting with Ahmed Amjad Ali, the Ambassador of Pakistan to Iraq. During the meeting, both parties discussed strategies to enhance bilateral trade relations, with a special emphasis […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraqi Kurdistan's rail ambitions lead anywhere? The Kurdistan Regional Government (KRG) is reviving longstanding efforts to build a railway that would connect neighboring Iran and Turkey through territory it controls. The development follows […]
By John Lee. A factory in Erbil is recycling road materials, specifically asphalt, to reuse them for road maintenance and construction, according to a statement from the Kurdistan Regional Government (KRG). It says this project, run by public sector employees, is one of the most modern asphalt recycling facilities, with a daily production capacity of […]
By Hayder Al-Shakeri for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Underbelly of Iraq's 'Economic Boom' Most ordinary enterprises are forced to navigate an economic system […]
By Maha Yassin for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Scaling Up Iraq's Energy Transition: Is Now the Right Time? Iraq is expected to experience a […]
By John Lee. The industry group representing international oil companies (IOCs) in Iraqi Kurdistan has said that its member companies won't be able to produce oil for pipeline exports until there is clarity on how IOCs will be paid for past and future oil sales, as they are currently owed nearly $1 billion in unpaid […]
By Dashti Adil for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan's Electricity Crisis: Challenges and Sustainable Solutions KRG policymakers must embrace solutions that both expand […]
By Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. How to Stop Iraqi Kurdistan's "Bleeding" Federal pressure and disastrous internal missteps have brought the KRG to the brink, raising the need for more active […]
