The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. Mobile phone operators based in Iraqi Kurdistan have reportedly been told by the Iraqi government to move their headquarters to Baghdad, following the region’s recent vote for independence. Asiacell is based in the Kurdish city of Sulaymaniyah, while Korek is based in Erbil; Zain, however, is based in Baghdad. According to a […]
By Ali Hashem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Up until the last day before the Sept. 25 Kurdish independence referendum, Iran was still dealing with the event with a sense of disbelief and with the misconception that it would be called […]
Petrofac has secured a three-year master services agreement (MSA) to support Gazprom Neft Middle East B.V. with the provision of engineering services on a call-off basis for the Garmian field in the Kurdistan region of Iraq. The MSA was secured following a competitive tendering process and augments Petrofac’s extensive footprint in Iraq, where it has […]
Iraq has sent an official request to both Turkey and Iran to close all border posts with the Kurdistan Region until the latter hands them over to the federal government in Baghdad. “The Foreign Ministry submitted an official memorandum to the embassies of Turkey and Iran in Baghdad a week ago that included a formal […]
By John Lee. Genel Energy has announced that production at its Taq Taq field in Iraqi Kurdistan, in which it has a 44 percent working interest, averaged 13,475 barrels per day in September. This is considerably below the 2017 year-to-date average of 19,398 barrels per day. (Source: Genel Energy)
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. If people in Iraqi Kurdistan are not talking about the referendum on independence then they are discussing the arrival of new political alliance with the potential to change the Kurdish […]
By Cengiz Çandar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Probably no president was ever called "uncle" by his eminent counterparts and by the people on the street. Yet in every Middle East country where Kurds live, "mam" ("paternal uncle" in Kurdish) was the honorific title […]
On October 4, the Popular Mobilization Units (PMU) media outlet claimed that Iraqi forces had fully recaptured the town of Hawija; hours after the Iraqi Joint Operations Command (JOC) said it launched a fresh offensive targeting its centre. The PMU claimed that the decisive victory came as part of a second stage of operations launched […]
By John Lee. The Kurdistan Regional Government (KRG) has reportedly filed a complaint with the International Civil Aviation Organization (ICAO) following Baghdad's decision to close the region's airspace to international traffic. The closure came after Kurdish authorities refused to hand over control of the airports to the central government, following last week's referendum on Kurdish […]
By John Lee. The Central Bank of Iraq (CBI) announced on Tuesday that it will block foreign currency transfers to Iraqi Kurdistan, and stop selling dollars to four major Kurdish banks. The decision part of an effort to put pressure on Iraqi Kurdistan after its population voted overwhelmingly in favour of breaking away from Iraq […]
Jalal Talabani who served as the president of Iraq between 2005 and 2014 and was the first Kurd to hold the post died at the age of 83 in a hospital in Germany on 3 October 2017. First appointed as the country's president during the Transitional Period in April 2005, he was re-elected twice, in […]
Iran’s Ministry of Roads and Urban Development warned companies against shipment of oil products to and from the Iraqi Kurdistan “until further notice”. The decision is in line with Tehran’s series of measures in response to a referendum held in the semi-autonomous region on possible secession from Iraq which has drawn international criticism. “Given the […]
