Kurdistan Regional Government Prime Minister, Nechirvan Barzani and Deputy Prime Minister, Qubad Talabani, have held a meeting with the governors of Erbil, Sulaymani and Duhok to discuss ways to address the current financial crisis in the Kurdistan Region. In the meeting, which was also attended by the KRG Minister of Interior and a number of […]
By John Lee. A report this morning from Amnesty International claims that Peshmerga forces of the Kurdistan Regional Government (KRG) and Kurdish militias in northern Iraq have bulldozed, blown up and burned down thousands of homes in Arab villages. It says that although KRG officials have tended to justify the displacement of Arab communities on […]
‘If this financial crisis continues, it will have a great effect on the front lines. You cannot send your fighters with empty stomachs to the fight,’ Dr Fuad Hussein told a group of journalists from American media outlets on Friday morning. He added, ‘We need support and help. We are [in Washington] to explain this […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A Pipeline In The Pipeline: Can Exporting Natural Gas Save Iraqi Kurdistan? Beginning 2016 Iraqi Kurdistan will begin to build a new natural gas pipeline to Turkey. But analysts say […]
Kurdistan Regional Government (KRG) officials contiued their visit to Washington this week with meetings with Administration and defense officials, as well as senators and media organizations. The visit comes as falling oil prices, the responsibility of 1.8 million displaced people, and the ongoing war against ISIS have put tremendous financial strain on the KRG and […]
As a necessary step after the liberation of Shingal district mid November 2015, the Ministry of Interior of the Kurdistan Regional Government (KRG), Joint Crisis Coordination Centre (JCC) has conducted a rapid damage assessment on the early recovery needs for the town of Shingal. On the 13th of November 2015, the Peshmerga forces, supported by […]
Prime Minister Nechirvan Barzani yesterday received Mr. Marco Carnelos, Italy's ambassador to Iraq, accompanied by a diplomatic and military delegation. Mr. Marco Carnelos reiterated his country’s commitment to continue providing military and humanitarian aid to the Kurdistan Region. He commended the Peshmerga forces of the Kurdistan Region for their role in defending all the citizens […]
The Kurdistan Regional Government (KRG) has publishes its monthly oil export report for December 2015. KRG exported 18,105,734 barrels of crude oil (an average of 584,056 barrels per day (bpd)) in the month of December through the Kurdistan pipeline network to the port of Ceyhan in Turkey. Of this amount, fields operated by the KRG […]
By John Lee. Bloomberg reports that Dana Gas PJSC is still waiting for payment of the $1.98 billion that it and two other energy companies -- Crescent Petroleum and Pearl Petroleum -- were awarded by the London Court of International Arbitration (LCIA) in November. The court gave the Kurdistan Regional Government 28 days to pay […]
The Iraq Britain Business Council (IBBC) in conjunction with the Federation of Chambers of Commerce in the Kurdistan Region of Iraq are hosting a one-day London Business Forum to exchange information on business opportunities in Kurdistan and the United Kingdom. The event will be held on the 20th January 2016 at The English-Speaking Union, Dartmouth […]
By John Lee. Four new border crossings are planned to be opened between Iraq and Turkey. The new posts at Gülyazı, Aktepe, Ovaköy and Üzümlü are intended to relieve the pressure on the Habur border crossing (pictured), which was recently closed for security reasons, and which has just been reopened on a limited basis. Annual […]
By John Lee. Washington DC-based communications consultancy BGR Government Affairs LLC has reported that it has been actively lobbying in the United States on behalf of the Kurdistan Regional Government (KRG). In a statement made pursuant to the US’s Foreign Agents Registration Act (FARA), the company also confirmed that it had billed the KRG $150,000 for […]
