Tag Archives | KRG

Capital Gain Tax on IOCs in Iraq

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Many countries impose capital gain tax on individuals, companies and corporations when a profit realized from the sale of assets. National and state legislation often has a large array of fiscal obligations […]

Barzani meets German Foreign Minister

The President of the Kurdistan Region, Masoud Barzani, has met the German Foreign Minister, Frank-Walter Steinmeier in Berlin. Foreign Minister Steinmeier welcomed President Barzani to Germany and spoke about his visit to Erbil back in 2008, highlighting his desire to visit Kurdistan again soon. He added that he was aware of the rapid developments happening […]

Canadian Ambassador meets with KRG

The Head of the Kurdistan Regional Government (KRG) Department of Foreign Relations (DFR), Minister Falah Mustafa welcomed the nonresident Canadian Ambassador to Iraq and Jordan, Mr Bruno Saccomani today to discuss the future of bilateral relations between Canada and the KRG. This visit comes as a follow-up of the Ambassador's visit to the DFR in […]

KRG Natural Resources Monthly Report

The KRG Ministry of Natural Resources (MNR) announces the publication of its first Monthly Report. The Report contains the latest information on production and export in the Kurdistan Region, domestic refining and consumption, well activity, rig counts and map, employment figures and updates on Production Sharing Contracts. The report will help interested citizens, companies and […]

KRG President Addresses EU Parliament

Kurdistan Region President Masoud Barzani today [Wednesday] addressed a special meeting of the Foreign Affairs Committee in the European Union’s Parliament in Brussels. In an event attended by a large number of MEPs, in his address the President talked about the latest political and security developments in Iraq, in Kurdistan and in the wider region. […]

Swedish Diplomat Visits DFR

The Head of the Swedish Embassy’s Section Office in Erbil, Jessica Svärdström, who is also the Deputy Head of Mission at the Swedish Embassy in Baghdad, met with the Head of the KRG Department of Foreign (DFR), Minister Falah Mustafa and the Assistant Head of the DFR, Siham Jabali, to discuss relations and matters of […]

Gaziantep Chamber to Open Erbil Office

Mr. Dara Jalil Khayat, the president of Erbil Chamber of Commerce and Industry, recently received Mr. Radvan Coksoz, Vice President of the Chamber of Commerce and Industry of Gaziantep in Turkey, along with members of the board of directors. The sides talked about ways to strengthen trade relations between the two cities. Mr. Coksoz announced in […]

Barzani Hosts Annual Diplomatic Corps Mtg

The President of the Kurdistan Region, Masoud Barzani, today hosted the foreign diplomats and representatives from international organizations based in the Kurdistan Region in order to discuss the latest political and economic developments in Kurdistan as well as in Iraq as a whole. At the outset of the meeting, the Head of the KRG Department […]

Austria to Open Visa Centre in Erbil

The Head of the KRG Department of Foreign Relations, Minister Falah Mustafa, met with Alfred Bratanek, Deputy Head of Mission in the Austrian Embassy in Amman, Jordan along with a joint delegation from the Austrian and Slovenien Foreign ministries, to discuss the opening of a new visa center in Erbil. The Assistant Head of the […]

KRG Confirms Oil Export through Ceyhan

The KRG Ministry of Natural Resources (MNR) gives public notice of the commencement of the sale of its first shipment of crude oil exported via Kurdistan Region’s new pipeline through Turkey to the Port of Ceyhan (pictured). MNR anticipates the sale of the first parcel of two million barrels of exported crude oil to occur […]

Kurdistan Begins Oil Exports via Turkey

By John Lee. Turkish Energy Minister Taner Yildiz (pictured) said today that Kurdish oil has started flowing to the Turkish port of Ceyhan via the new pipeline, but it will not be shipped to world markets without agreement from Baghdad. According to Reuters, the Minister said he hopes a deal allowing exports to begin can […]