The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
Kurdistan Region President Masoud Barzani says that the time has come for the people of Kurdistan to make a decision through a referendum on their future. In a statement this week, he also criticized those who have made hostile statements about the holding of a referendum in Kurdistan. “In the last few days, a number […]
By Amberin Zaman for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. When the Iraqi Kurds come to Washington, it is often to ask for guns to fight the Islamic State (IS). Now they are pleading for cash, warning that their campaign against the jihadis is threatened […]
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were up 28 percent on the London market this morning, after the Kurdistan Regional Government's Ministry of Natural Resources clarified its export payment plan for foreign oil companies. Other companies with exposure to Iraqi Kurdistan, includingn Genel Energy and DNO, also saw their shares rise significantly. […]
By John Lee. An explosion on Friday has damaged a section of the pipeline that supplies gas for about half of the electricity generation in Iraqi Kurdistan. The KRG's Interior Ministry said an investigation was underway to find the cause of the explosion near the district of Shwan. The pipeline feeds gas from the Khor […]
Text of speech by Prime Minister Nechirvan Barzani at the conference held today to announce the roadmap for reform and modernisation of the Ministry of Finance and Economy and debate the current financial crisis in the Kurdistan Region: Dear Distinguished Guests, Good morning to you all. I would like to thank representatives of foreign countries, […]
With no let-up to the war in Syria, UN, humanitarian and development agencies in Iraq have appealed for $298 million in ongoing assistance for nearly 250,000 Syrian refugees in Iraq. The appeal was made at the launch of the Iraq chapter of the Syria Regional Refugee and Resilience Plan (3RP) in Erbil today, attended by […]
Under the ongoing Warm Winter 2015-2016 campaign in several countries, and with a budget of QR 11 million, Qatar Red Crescent Society (QRCS) has completed a large-scale winterization project in Al-Anbar Governorate. The $494,000 (QR 1.8 million) project is aimed at alleviating the suffering of internally displaced Iraqis who fled the fighting in the governorate. […]
Prime Minister Nechirvan Barzani yesterday received a delegation from the European Union Mission to Iraq led by Mr. Constantinos Vardakiz, acting Head of the EU Mission to Iraq and Head of the EU Office in the Kurdistan Region, along with representatives assigned to the Kurdistan Region by EU member states. The EU delegation noted with […]
Following a recent visit by senior Kurdistan Regional Government, KRG, delegation to the United States to brief the US Administration about the financial crisis in the Kurdistan Region, and to request US support, yesterday Prime Minister Nechirvan Barzani received the US Ambassador to Iraq, Mr. Stewart Jones and his accompanying diplomatic team. In the meeting, […]
A delegation of 20 Kurdish officials and businessmen, in London for the Iraq Britain Business Councils (IBBC)'s London Business Forum, visited the University of Wolverhampton last week to exchange ideas and explore partnerships with businesses in the West Midlands and the university itself. Dr Dara Jalil Khayat, President of Kurdistan Federation of Chambers of Commerce […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. They are among the most trusted allies of the international coalition in the fight against ISIL in Iraq. Kurdish fighters benefit from military and political support. But they are also being accused of […]
By John Lee. The head of the KRG Committee to Respond to International Reports, Dindar Zebari (pictured), has said that the KRG rejects all accusations made about Peshmerga forces by Amnesty International. He told K24: “The Peshmerga have liberated large swaths of territory from Daesh [IS] and have helped civilians regardless of their ethnic and […]
