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 […]
The Kurdistan Regional Government (KRG) has released its annual oil and gas audit report for 2020, which revealed several drops in production due to the COVID-19 pandemic. The region's total exported and consumed oil for the year stood at 165,942,861 barrels, about 5 million barrels less comparing to 2019. The average price of oil dropped […]
Deloitte report on Oil and Gas review in the Iraqi Kurdistan Region - Q1 to Q4 of 2020 The KRG has published a report containing verified statistics covering the Kurdistan Region's oil exports, consumption and revenues for period 1 January 2020 to 31 December 2020, along with the consolidated report for the year 2020. The report, […]
By Amnesty International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region of Iraq: Arbitrary arrests and enforced disappearance of activists and journalists Over the past year the authorities in the Kurdistan Region of Iraq (KR-I) have ruthlessly cracked down on journalists, activists […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG begins buying wheat from farmers for the first time The Kurdistan Regional Government (KRG) began buying wheat from farmers on Tuesday for the first time, following the completion of the newly constructed multimillion-dollar […]
Ten electricity plants were provided with transformers at a ceremony attended by Deputy Prime Minister Qubad Talabani in Koya town on Thursday. The Deputy Prime Minister commended the Koya transformer project and addressed developments in the electricity sector, including the Kurdistan Regional Government's decision to go all in on natural gas. "The power generation costs […]
KRG Prime Minister Masrour Barzani marked the official opening of the Mount Zawa Cable Car in Duhok province, which will create hundreds of new jobs in coordination with the Ministry of Municipality and Duhok Governorate. The $30 million project connects the Barzan region road to the top of Mount Zawa and includes new restaurants and […]
Genel Energy has announced that payments have been received from the Kurdistan Regional Government ('KRG') for its entitlement for oil sales during March 2021. Those payments are made up as follows: (all figures $ million) Payment Tawke 14.3 Taq Taq 2.1 Sarta 3.4 Total 19.8 As announced on 13 May, Genel and other KRI operators […]
