The World Bank Group and the Kurdistan Regional Government (KRG)-Iraq, have launched a social protection program of support to promote equity in living standards and reduce vulnerability. The program is aligned with the government’s efforts to develop a comprehensive social protection system and contributes to the goals of KRGs Vision 2020 of “freedom, health, welfare, […]
In the context of his visit to Britain, Minister Falah Mustafa, the Head of KRG Foreign Relations met with Tobias Ellwood, Middle East Minister at the Foreign Office, and during their meeting both sides discussed the current situation in the Kurdistan Region and Iraq and the threats of the terrorist organization of Daesh. The Head […]
By John Lee. BasNews reports that Iraqi Prime Minister Haidar al-Abadi secretly tried to block the Turkish government's deal to lend $500 million [583 billion Iraqi dinars] to the Kurdistan Regional Government (KRG). According to sources, Abadi made the request to Turkish President Recep Tayyip Erdoğan in a telephone call. A later request to Turkish […]
By John Lee. Turkey has agreed to provide a $500-million [600 billion Iraqi dinar] loan to the Kurdistan Regional Government (KRG) to help pay the wages of state officials. According to a report from Daily Sabah, the loan will be repaid by either being set off from Turkey's crude oil debts or being repaid directly […]
Kurdistan Region Prime Minister, Nechirvan Barzani told the press that Kurdistan Regional Government is committed to the agreement reached between Erbil and Baghdad last December on oil export and Kurdistan Region's share in the 2015 federal budget. In a meeting held yesterday with representatives of media outlets in Kurdistan Region, Prime Minister Barzani highlighted the […]
Turkish President Recep Tayyip Erdogan on Thursday received in Ankara Kurdistan Regional Government Prime Minister Nechirvan Barzani and his delegation. The two sides discussed the latest developments in the region, the war against the Islamic State terrorist organisation, ISIS and the role of Kurdistan Peshmerga Forces. They also discussed the agreement reached last December between […]
Kurdistan Regional Government Prime Minister, Nechirvan Barzani, yesterday received the Japanese Ambassador to Iraq, Mr. Kazuya Nashida. The Japanese Ambassador thanked the Kurdistan Regional Government for its stance and support following the murder of the Japanese citizen in Syria at the hands of the Islamic State terrorist organization, known as ISIS. He conveyed his condolences […]
A Kurdistan Regional Government senior delegation, headed by Prime Minister Nechirvan Barzani was received in Baghdad yesterday by Iraq’s Prime Minister Haider al-Abadi and a number of Iraq’s federal government officials. The two sides held two meetings during this one day visit of the Kurdistan Region delegation to Baghdad. The main objective of the meetings […]
President Masoud Barzani received a United States military and diplomatic delegation at his office today. The U.S. delegation was headed by General Joseph Votel, the Commander of the Special Operations Command as well as the U.S. ambassador to Iraq and other U.S. defense and state officials. During the meeting President Barzani shared his perspective on […]
By Mohammed A. Salih for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A law to found a paramilitary National Guard force in Iraq to assist in the fight against the Islamic State (IS) has put Kurds at loggerheads with other communities in northern […]
The Kurdistan Region of Iraq Needs an Estimated US$1.4 billion this Year to Stabilize the Economy The Kurdistan Regional Government (KRG) is facing an economic and humanitarian crisis as a result of the influx of Syrian refugees (starting in early 2012) and more recently the Internally Displaced Persons (IDP) in 2014. According to a newly […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were down 10 percent on Friday morning, after it announced the suspension of crude oil exports by truck from Iraqi Kurdistan. The company said it remains in a dialogue with the Kurdistan Regional Government's Ministry of Natural Resources ("MNR"), in order to receive the outstanding payments […]
