The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
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. Blank Pages: Financial Crisis Kills Off Iraqi Kurdish Media, Endangers Fourth Estate Before the current financial and security crisis, some of the media in Iraqi Kurdistan had been thriving. Now, […]
The Washington DC-based think tank the Bipartisan Policy Centre (BPC) says the United States must look for a new reliable strategic partner such as the Kurds, to replace Turkey, as Turkey is no longer a dependable ally. According to the BPC, Turkey has failed to secure the length of its 560 mile with Syria against the […]
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. Matter of National Security? The Turkish-Kurdish 'Secret Agreement' An 18-month-old “secret agreement” between Iraqi Kurdistan and Turkey goes for 50 years and potentially affects national security and oil exports. Nobody […]
By John Lee. At a meeting of the Kurdistan Regional Government's Council of Ministers (pictured), the Minister of Agriculture and Water Resources, Abdul-Sattar Majid, presented the plans of his ministry to improve the agriculture sector, and outlined the challenges that face the agriculture sector in the Kurdistan Region. The ministry’s ultimate goal, which is guaranteeing […]
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. Activists and government agencies in Iraqi Kurdistan have drafted amendments over the past few months to the autonomous region’s existing law combating domestic violence, introducing measures aimed at better protection of women's and children's […]
By John Lee. Genel Energy's chief executive has said he may step down as CEO as early as the end of this year to become Chairman. Reuters reports that Tony Hayward (pictured) also told the FT Commodities Summit in Lausanne, Switzerland, on Wednesday that low oil prices will trigger consolidation in the oil industry in […]
The International Finance Corporation (IFC), a member of the World Bank Group, is investing up to $18 million in Saudi dairy company Al Safi Danone’s Iraq-based subsidiary, to expand its operations in order to improve domestic food security, boost Iraq’s non-oil sector, and reduce its reliance on imported dairy products. IFC’s long-term investment, which is […]
By John Lee. Exports of Kurdish and Kirkuk oil through the Turkish port of Ceyhan have reportedly risen to 420,000 bpd. According to BasNews, this is up from 270,000 bpd in March. 2.5 million bpd were exported through Basra, giving a total of 2.92 million bpd, down from the March record of 2.98 million bpd. […]
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. Extremists, Oil or Kirkuk? Iraqi Kurdistan's Next Big Crisis: Its Presidency Several weeks ago Iraqi Kurdish MPs got into a fist fight in Parliament. The cause: Whether the current President […]
By John Lee. Islamic State (IS, ISIS, ISIL) militants set fire to an abandoned oil field near Makhmour and Qaraj, east of Erbil, on Wednesday. Anofficial told BasNews that the oil field is located between Peshmerga and IS militants’ frontlines, about 2 kilometres away from Peshmerga forces. It is believed that the oil field was […]
The Kurdish airline Zagros Jet has been granted permission to fly domestically within Iraq. According to a report from Ruday, this adds Bagdad, Sulaimaniya, Basra and Najaf to its list of destinations. The new service will start April 20 when the airline will begin offering six flights each week from Erbil to Baghdad. Moafaq Sherwani, […]
By John Lee. BasNews reports that Kurdistan's Ministry of Peshmerga and the Italian Consulate in Erbil are planning to cooperate on the construction of a hospital for wounded Peshmerga in Erbil. Peshmerga Minister Mustafa Said Qadir met with the Italian Consul Carmelo Ficarra and two Italian companies on Sunday to discuss the project, and a […]
