Tag Archives | KRG

Will Turkey resume Oil Shipments from Northern Iraq?

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: Will Turkey agree to resume oil shipments from northern Iraq? The transfer of crude oil from Iraq to Turkey remains suspended, almost four months after an arbitration ruling found that Ankara […]

With Iraq's New Budget, Baghdad "goes after Kurdish Oil"

By Joseph Daher for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. With Iraq's new budget, Baghdad goes after Kurdish oil Taking advantage of festering divisions within Kurdistan and the weakening of the KRG government, Iraq's central government has seized its […]

How Iraq's New Budget affects Oil Arrangement with KRI

By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq's new budget affects oil arrangement with Kurdistan region The success of Iraq's largest-ever budget is partially dependent on oil prices, and follows the federal government asserting more […]

KRG PM Launches 'Invest Kurdistan'

By John Lee. KRG Prime Minister Masrour Barzani has launched Invest Kurdistan, a new platform dedicated to investment in the Kurdistan Region. Oddly, the statement did not provide a link to this new platform, but we found it here: https://invest.gov.krd/ From a business perspective, the key points highlighted in the statement are as follows: Investment Opportunities: […]

KRG PM Barzani meets with President Erdogan

On Tuesday, June 20, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) met with President Recep Tayyip Erdogan of the Republic of Türkiye in Ankara. At the start of the meeting, Prime Minister Barzani extended his congratulations to President Erdogan on his victory in the recent elections and conveyed his sincere hopes […]

US Chamber of Commerce visits Iraqi Kurdistan

On Monday, June 19, 2023, Prime Minister Masror Barzani of the Kurdistan Regional Government (KRG) held a meeting with Steve Lutes, Vice President of Middle East Affairs at the US Chamber of Commerce. Accompanied by a delegation from the Chamber and Irvin Hicks, the US Consul General in the Kurdistan Region, the meeting aimed to […]

KRG PM receives Netherlands' Ambassador to Iraq

On Monday, June 19, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) held a meeting with Hans Sandee, the Ambassador of the Kingdom of the Netherlands to Iraq. Their discussions centred around the latest political developments in Iraq, with a specific focus on the Kurdistan Region's relationship with the Kingdom of the […]

KRG working to Standardise the Banking System

By John Lee. KRG Prime Minister Masrour Barzani has said that, while the KRG's financial reforms project is still in its preliminary stages, its ultimate goal is to digitise the public sector's payroll, benefiting 1.2 million civil servants. Additionally, the project aims to involve the private sector to ensure accessibility and convenience for everyone in […]

UK 'Extremely Supportive' of KRG Digitalization

From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. UK 'extremely supportive' of KRG digitalization process: Diplomat The United Kingdom is assisting in the Kurdistan Regional Government's (KRG) digitalization strategy and is "extremely supportive" of its transformation into a digital government, one of […]

KRG produces Electricity in Garmian from Flare Gas

By John Lee. The Kurdistan Regional Government (KRG) has taken a step towards reducing the environmental impact of waste gas and harnessing it to generate electricity from oil wells. One notable achievement is the Garmian power plant, a 165 MW station that utilises flare gas recovery from the Hasira oil wells to produce electricity. Completed […]

Jordan and Iraq Strengthen Health Cooperation

By John Lee. The Health Minister of Jordan, Firas Hawari, and the President of the Kurdistan Region of Iraq, Nechirvan Barzani, have emphasized the importance of strengthening health cooperation between Jordan and the Kurdistan region. During their meeting in Erbil, they discussed enhancing ties, leveraging Jordan's expertise, and providing support in health to the Kurdistan […]