KRG Prime Minister Masrour Barzani has welcomed the launch of the KRG's first e-procurement portal, introducing transparency and accountability to public tenders in ways that bring more efficiencies to public finances; support the emergence of small and medium businesses, and allow us to incubate new industries to accelerate our reform agenda. In a statement, the […]
Prime Minister Masrour Barzani's statement on the passage of the Law of Electronic Signatures and Transactions: I strongly welcome the Kurdistan Parliament's passage of the amended 'Electronic Signatures and Transactions' federal bill today. The passage of this important piece of legislation - a collaborative effort across the whole of government with support of global best […]
KRG Prime Minister Masrour Barzani has inaugurated the second and third phases of Erbil's 150-KM ring road in a special ceremony. The two phases are a part of the 70-kilometer highway around Erbil, which will serve to connect the Kurdish capital with Duhok and Sulaimani, while also facilitating trade with neighbouring countries. "It is a […]
Kurdistan Region's medicine market sees fundamental changes in pharmaceutical regulations The Kurdistan Regional Government's (KRG) Ninth Cabinet took effective measures to regulate the medicine market, making fundamental changes in its crackdown on illegal and counterfeit medications imported to the Kurdistan Region. The KRG in 2019 enhanced its efforts to regulate the medicine market and provide […]
The Head of the KRG's Board of Investment, Mohammad Shokri, has laid the groundwork for the provision of 892 residential units in Zakho administration with a budget of 48.8 billion dinars [$33.4 million]. The project comes after 2,073 people with limited income filled online applications to be eligible for the residential units in Zakho. This […]
KRG Prime Minister Masrour Barzani has attended the launch ceremony of Kurdistan Innovation Institute (KII), designed to support innovators and researchers. The KII was founded at the initiative of Prime Minister Barzani, who continues to support Kurdistani youth in the pursuit of their hopes and ideas. "Today is a milestone in our collective growth; as […]
IBBC and GEMS host Iraq education conference in Dubai and resolve to focus on important outcomes On the eve of Iraq Britain Business Council (IBBC)'s Dubai Iraq conference, GEMS and IBBC together hosted and convened an important education conference bringing together key Government of Iraq and KRG ministerial representatives, UK universities, IBBC members and Skills […]
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. Kurdistan government in Iraq hopes digitalization will bring investment The Kurdistan Regional Government has made progress digitizing government services, but investors say more is needed to attract serious capital […]
Inward investment in the Kurdistan Region's agriculture rose from 1.5% to over 10% under the Kurdistan Regional Government's (KRG) Ninth Cabinet, which has been working to diversify the Kurdistan Region's economy sector by mainly focusing on developing the sector. The KRG has been working on building strong industrial and agricultural infrastructure in the Region to […]
By Basima Abdulrahman, Rania Baker and Ahmed Tabaqchali, 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. Iraq Economic Review: KRG's Financial Conundrum | Iraq's Real Estate Boom […]
Transforming Kurdistan Region's water sector through digitalization The Kurdistan Region's Ministry of Agriculture and Water Resources is working towards adopting a smarter approach to water management by working towards digitalizing the water sector, another goal on Prime Minister Masrour Barzani's agenda for the reform and digitalization of government services. Paving the road to developing water […]
By John Lee. KRG Prime Minister Masrour Barzani has inaugurated the Lanaz Refinery in Erbil. According to a statement from the KRG, the inauguration paved "the path to hundreds of new employment opportunities for Kurdistani youth at the facility, which boasts of a production capacity of 75,000 barrels of crude oil per day." The statement […]
