The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
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 […]
By John Lee. Norwegian oil and gas operator DNO reported record oil and gas output in 2014, but the results were impacted by one-off impairment charges in the fourth quarter driven in part by the drop in global oil prices. Gross output was up 66 percent last year to 117,482 barrels of oil equivalent per […]
Kurdistan Regional Government’s Prime Minister, Nechirvan Barzani, yesterday in Erbil received the Austrian Foreign Minister, Sebastian Kurz and his accompanying delegation, which included the Chairman of the Foreign Relations Committee of the European Parliament, the Austrian Ambassador to Iraq and a number of senior officials from the Austrian Foreign Ministry, as well as Iraq’s Ambassador […]
Head of the KRG Foreign Relations, Minister Falah Mustafa, today received Ambassador of Armenia to Iraq Mr Karin Gregorian to discuss bilateral ties. In his first visit to the Kurdistan Region, Ambassador Gregorian commended Kurdistan Region for its political and economic developments as well as its culture of peaceful coexistence and religious tolerance. He briefed […]
By Denise Natali for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. US-led efforts to counter the Islamic State (IS) with Kurdish peshmerga partners is having a backlash on Sunni Arab communities. Relying on Iraqi Kurds to act as coalition boots on the ground may help eliminate […]
By John Lee. The European Union (EU) is to open a representative office in Iraqi Kurdistan. The Kurdistan Regional Government (KRG) representative to the EU, Dlawar Azhgayi, told BasNews: “It is an important message that Europe is nurturing its relationship with the Kurdistan Region." He added that the process of choosing the representative has already […]
The Canadian Ambassador to Iraq, Mr Bruno Saccomani and his accompanying delegation today visited the KRG Department of Foreign Relation to brief Minister Falah Mustafa on Canada’s military, humanitarian, and developmental support and to discuss the future of bilateral relations between Canada and Kurdistan. Ambassador Saccomani said, “The government of Canada has been very supportive […]
By John Lee. The tanker of oil from Iraqi Kurdistan, which had been waiting off the US coast for six months due to legal proceedings, is reported to have finally set sail on Tuesday. According to a report from BasNews, the United Kalavyrta [United Kalavrta] (pictured) is now headed for the Straits of Gibraltar, following […]
The UN refugee agency's Special Envoy Angelina Jolie is in Dohuk, Iraq, visiting Syrian refugees and displaced Iraqi citizens in the Kurdistan Region of Iraq to offer support to 3.3 million displaced people in the country and highlight their dire needs. Since Ms Jolie's last visit to Iraq in September 2012, the scale and gravity […]
By John Lee. The Kurdistan Regional Government (KRG) is reported to be about to sign a three-year contract with Jordan to improve its healthcare system. KRG Health Minister, Rekawt Hama-Rashid, told BasNews: “We have some projects in the next years such as separating the private sector healthcare from the public sector, and introducing health insurance. […]
Shares in Genel Energy were down 3 percent on Wednesday morning following the company's trading and operations update in advance of the its full-year 2014 results, which are scheduled for release on 5 March 2015. The information contained herein has not been audited and may be subject to further review: HIGHLIGHTS A combination of low […]
Kurdistan Region Prime Minister, Nechirvan Barzani, yesterday received in Erbil Archbishop Giorgio Lingua, Apostolic Nuncio in Iraq and his accompanying delegation. Archbishop Giorgio Lingua said that the Vatican follows the situation in the Kurdistan Region very closely. He conveyed Vatican’s gratitude to the Kurdistan Region for sheltering and assisting the internally displaced persons and refugees, […]
