Tag Archives | KRG

KRG "Bans Cryptocurrency Trading"

From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG Interior Ministry Bans Cryptocurrency Trading, Warns of Legal Action The Kurdistan Region's Ministry of Interior of the issued a directive on Sunday prohibiting citizens and commercial entities from engaging in digital currency transactions […]

Political Deadlock has Left KRI "Dangerously Exposed"

By Winthrop M. Rodgers, Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Political Deadlock has Left Iraq's Kurdistan Region Dangerously Exposed amid Iran War The stalemate over government formation is affecting the semi-autonomous region's ability to deal with the fallout of the […]

First Phase of Erbil Green Belt Project nears Completion

From the Kurdistan Regional Government (KRG). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. First Phase of the Erbil Green Belt Project Nears Completion As part of ongoing efforts to combat climate change and promote a healthy environment, the Erbil Green Belt Project -- one […]

Will Iraqi Kurds look to Ukraine for Defenses?

By Winthrop Rodgers, for Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Amid US inaction over Iranian fire, will Iraqi Kurds look to Ukraine for defenses? While Washington has failed to heed calls to supply advanced air defenses directly to the Kurdistan […]

GKP outlines Payments to Govts for 2025

By John Lee. Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2025: 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 2025 as required under Disclosure and Transparency […]

Kirkuk Oil Exports Resume via Ceyhan Port

By John Lee. The Ministry of Oil has announced the resumption of crude oil pumping and exports from Kirkuk through Türkiye's Ceyhan port, with an initial export capacity of 250,000 barrels per day (bpd). The restart follows an agreement between the federal government and the Kurdistan Regional Government (KRG), enabling the reactivation of a key export […]

Report: Job Creation and Workers' Rights in the Kurdistan Region

By John Lee. The Kurdistan Regional Government (KRG) has published a new report titled "Job Creation and Workers' Rights in the Kurdistan Region". In its summary, the report emphasises: To date, 303,000 workers in the Kurdistan Region have been registered in the social security scheme. Notably, 225,000 of these registrations occurred within the last five […]

DNO Sees Long-Term Oil Production in Kurdistan Licences

By John Lee. DNO has outlined the licence timelines and expected production outlook for its development and production assets in the Kurdistan Region of Iraq. In its recently-issued Annual Report for 2025, the company said the Tawke licence is due to expire in 2026, but includes an automatic five-year extension option that would extend the […]

UK Firm Wins Contract with ILO in Iraq

By John Lee. UK-based Development Analytics Ltd has won a contract with the International Labour Organization (ILO) for: "Evidence-based Inclusive policy development for improved labour market performance and integration of marginalized groups in Northern Iraq" - reference rfx_2312_ROAS. The contract value was not disclosed. The objective of this assignment is to support the Kurdistan Regional […]

KRG Says Region Received Only 41% of Federal Entitlements

By John Lee. The Kurdistan Regional Government (KRG) has outlined what it claims is a significant funding shortfall in transfers from the Federal Government over the past three years, describing the situation as a "financial gap" and an effective blockade on investment. According to its data, the Kurdistan Region's total constitutional entitlement between 2023 and […]

KRG Completes 172 Road Projects in 2025

By John Lee. The Kurdistan Regional Government has said it completed 172 road projects in 2025, strengthening transport infrastructure across the Kurdistan Region with a total investment of IQD 92,463,000,000 (approximately USD 63.4 million). The works comprised new road construction, as well as rehabilitation and asphalting of existing routes, spanning all governorates and self-administration districts. […]

SOMO Responds to Report on DNO's Activities in KRI

By John Lee. The State Oil Marketing Organisation (SOMO) has issued a clarification in response to a Reuters report on 26 September 2025 regarding DNO's export activities. SOMO reaffirmed its commitment to fulfilling all obligations within its mandate and under existing agreements with the Kurdistan Regional Government (KRG), continuing efforts to ensure the smooth flow […]