From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan's unemployed youth blame the government Jobless youth in the Kurdistan Region blame the government for their situation as unemployment and poverty have increased under an economic crisis and the coronavirus pandemic. Click here […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Family power grab in Iraqi Kurdistan raises fears of intra-Kurdish violence Talabanis strip their cousin of all powers amid a power struggle in the Kurdistan Regional Government's Patriotic Union […]
By John Lee. DNO ASA, the Norwegian oil and gas operator, today announced that the Kurdistan Regional Government has approved the Company's acquisition of ExxonMobil's remaining 32 percent interest in the Baeshiqa license, doubling DNO's stake. In parallel, commerciality has been declared on the license with plans submitted for fast-track development including early production from previously […]
By Saman Dawod for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan water crisis blamed on climate and Iran Iraq's Kurdistan Regional Government (KRG) has asked citizens to ration water. Click here to read the full story.
DNO ASA, the Norwegian oil and gas operator, has reported operating profit of USD 61 million in the quarter ending 30 June 2021, its second consecutive profitable quarter since the onset of the COVID pandemic. Revenues totaled USD 184 million, up USD 14 million from the previous quarter, as higher oil and gas prices more […]
The Council of Ministers of the Kurdistan Region of Iraq has approved Soran and Zakho as autonomous administrations, in a meeting led Prime Minister Masrour Barzani. Prime Minister Barzani cited the size and significance of both districts as reasons to grant them autonomy, and proposed that self-governance would ease the workload of people in those […]
KRG receives share of federal budget, ends salary cuts Prime Minister Masrour Barzani on Sunday led a meeting with the Kurdistan Region's Economic Council to address the resumption of full salary pay for government employees. Prime Minister Barzani reiterated that the KRG pays salaries from available revenue, and that they can do so more reliably […]
The ninth cabinet of the Kurdistan Regional Government (KRG) started 27 multisectoral projects from March 2020 to June 2021, as it reaches the 2nd anniversary since its foundation. The KRG invested $332 million on housing projects, developed a $250 million wheat marketing project, distributed $2.56 billion worth of business licenses, and completed the MED Steel […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Talabani family feud at center of power struggle in Iraqi Kurdistan party The apparent takeover of the Iraqi Patriotic Union of Kurdistan party by Bafel Talabani is more family […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad sends 200 billion dinars to Erbil: Ministry Baghdad sent 200 billion dinars to the Kurdistan Regional Government (KRG) on Sunday, the finance ministry announced. "Today, the first sum of money amounting to 200 […]
By John Lee. Washington DC-based law firm Arent Fox LLP has entered an agreement with the Kurdistan Regional Government (KRG) to provide legal advice on various issues including legal and regulatory matters in the United States. It will also advise on strengthening the KRG's alliance with the United States, tracking and monitoring legislation in Congress, […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi checkpoints bar Kurdish traders from exporting vegetables, fruits Checkpoints between the Kurdistan Region and southern Iraq prohibit regular exports for Kurdish produce farmers. Several domestic produce items are in season but do not […]
