The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By Padraig O'Hannelly. The Kurdistan Regional Government (KRG) has upped the ante in the continuing dispute with Baghdad over oil export revenues. In response to what it describes as "the Iraqi federal government ... not sharing revenues in accordance with the Iraqi Constitution", the KRG has threatened to take legal action against anyone who buys […]
The Kurdistan Regional Government (KRG) threatened on Wednesday to take legal action against buyers of Iraqi oil unless the autonomous region is paid its share of revenue from any sales. The full text of the statement from the KRG follows: Under Article 112 of the Iraqi Constitution, the Iraqi federal government is legally required to […]
The Head of the KRG Department of Foreign Relations (DFR), Minister Falah Mustafa, received the new British Consul General to Kurdistan Region, Mr Angus McKee. During the meeting which was attended by Ms Siham Jabali, Assistant Head of the DFR, Minister Mustafa congratulated Mr McKee on his new posting and expressed the DFR’s readiness to […]
By Anne-Laure Barbosa at Constellis Consulting Reporting remains almost completely interrupted in the provinces of Nineveh and Salahuddin, and the data available does not account for the large number of kidnappings and high levels of sectarian violence rumoured in territories held by ISIS. As the ISF continues its attempts at pushing north towards Tikrit from their […]
By John Lee. Oryx Petroleum Corporation announced a production and drilling update on Monday for the Demir Dagh field in the Hawler license area in the Kurdistan Region of Iraq, including test results for the Demir Dagh-6 appraisal well (“DD-6”). Oryx Petroleum is the operator and has a 65% participating and working interest in the […]
By John Lee. Israeli prime minister Benjamin Netanyahu (pictured) has expressed his support for Kurdish statehood, taking a position that appears to clash with the US preference to keep Iraq united. In a speech to a Tel Aviv thinktank on Sunday, Netanyahu called for the establishment of an independent Kurdistan as part of a broader […]
Kurdistan Region President Masoud Barzani visited the Iraqi Kurdistan Parliament yesterday, requesting the Parliament to immediately undertake the task of creating an independent electoral commission for the Region, and to begin preparations for holding a referendum for the people of Kurdistan to decide their future. In his remarks to the Parliament, the President urged Members […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. The president of the Kurdish region of northern Iraq has asked his parliament to prepare for a referendum on independence, potentially paving the way for the break-up of the country of Iraq. Al […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi Prime Minister Nuri al-Maliki on Wednesday rejected an assertion by the country's autonomous Kurdish region that its control of disputed territory is here to stay.
By John Lee. Iraq’s Supreme Court has turned down a request from oil minister Abdul Kareem al-Luaibi [Elaibi] to issue a temporary injunction against the Kurdistan Regional Government to prevent direct oil exports from the region. According to a report from Rudaw, the unanimous ruling prompted the KRG to declare victory in its dispute with Baghdad […]
By John Lee. Bloomberg reports that Iraqi Kurdistan will keep Peshmerga troops in the nearby oil hub of Kirkuk until people there can vote on whether to join the Kurdish enclave. Safeen Dizayee (pictured), spokesman of the Kurdistan Regional Government (KRG), said: “As a people, we have the right to be independent, but the issue […]
On Wednesday, June 25th 2014, the first hypermarket under the French Auchan banner was opened in the Kurdistan Region of Iraq. This 6,000 sqm store is part of a 106-shop mall, located near the center or Erbil [Hewlêr]. The opening of this store is based on a franchise agreement between the Auchan Group and SI Retail, one […]
