Tag Archives | Kurdistan News

The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.

KRG briefs Middle East Institute

A delegation from the Middle East Institute, an American think tank, visited the Kurdistan Regional Government’s Department of Foreign Relations where they met with the Head of the DFR, Minister Falah Mustafa, and the Assistant Head of the DFR, Siham Jabali. The delegation, headed by former Ambassador Wendy Chamberlin, discussed their visit to Kurdistan, highlighting […]

Baroness Nicholson's Speech to Investment Forum

Speech given by Baroness Nicholson of Winterbourne, UK Trade Envoy for Iraq and Chairman of the Iraq Britain Business Council, to the ‘Investment Forum in Iraq and Kurdistan Region’, Rotana Hotel, Erbil: ‘I am indeed grateful for the privilege of addressing this eminent audience,and I thank most warmly the President of The Kurdistan Federation of […]

Afren Announce Full Year Results

By John Lee. Afren have announced their full year results for 2013, highlighting what they describe as record revenues and cash flows, production ahead of guidance, continued exploration success and significant balance sheet strength. Included here are the company results for their work in the Kurdish region of Iraq. You can see more detail on […]

UK Export Finance to Help Kurdistan Development

A delegation from the UK Export Finance Department visited the Kurdistan Department of Foreign Relations to discuss opportunities for building further relations with Kurdistan in various fields of infrastructure and investment. The UK delegation was led by Steve Dodgson, the Business Group Director of UK Export Finance and included the British Consul General, Hugh Evans […]

WesternZagros to Start Production at Sarqala

Following approval of its declaration of commerciality by the Kurdistan Regional Government (KRG), WesternZagros Resources has announced that it is moving to develop the first of its two significant light oil discoveries. Once its development plan for the Sarqala field is approved, the Company expects to produce up to 10,000 barrels per day (bbls/d) of […]

Oryx Petroleum Makes Oil Discovery

By John Lee. Oryx Petroleum has announced two positive updates on its operations in the Hawler license area in Iraqi Kurdistan, in which the company has a 65 perccent participating and working interest: Testing of the DD-4 appraisal well on the Demir Dagh field  achieved expected flow rates and confirmed reservoir and fluid characteristics. Henry Legarre […]

Swedish Ambassador visits Kurdistan

The Head of the KRG Department of Foreign Relations (DFR), Minister Falah Mustafa and the Assistant Head of the DFR, Siham Jabali met with the Swedish Ambassador to Iraq, Jörgen Lindström and the Head of the Sweden Section Office in Erbil, Jessica Svärdström today. They discussed different ways in which bilateral relations can be strengthened […]

Turkish Foreign Minister visits Kurdistan to boost mutual relations

Turkey’s Foreign Minister, Ahmet Davutoglu visited Kurdistan during the week, where he met with President Masoud Barzani and the KRG Prime Minister, Nechirvan Barzani to discuss further strengthening relations between Turkey and the KRG; and to attend the Second Sulaimani Forum at the American University of Iraq – Sulaimani (AUIS). The Turkish Foreign Minister Ahmet […]

Another Kurdistan Success for the MEA

The UK's Middle East Association in association with British Expertise took a highly successful trade mission to Iraqi Kurdistan from 22nd-27th February, visiting Erbil and Slemani. Comprising 16 delegates representing 14 companies, it was supported by the Kurdistan Regional Government and was received warmly at the highest level. The packed programme included meetings with the […]

BBK Bank Considers Kurdistan

By John Lee. The Bank of Bahrain and Kuwait (BBK) has announced plans to open a branch in Kurdistan this year. Abdul-Karim Bujeery, CEO of the bank, said: "The expansion in Kurdistan Region will be the next step to the bank , if the study of market [leads] to positive results." The bank hsa appointed […]

US Firms Line Up for Kurdistan

By Judit Neurink. This article was originally published by Rudaw, and is re-published by Iraq Business News with their kind permission. American Firms Line Up for Kurdistan, as Erbil Mulls US Ties Roll in the American brands! A US delegation for franchise businesses will be visiting the Kurdistan Region of Iraq soon, to see if […]

Baghdad's "Financial Blockade"

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. Baghdad's Financial Blockade: Iraqi Kurdistan Talks Independence While Locals Strike Conflict between Baghdad and Iraqi Kurdistan over oil exports has resulted in something of a financial crisis in the northern region. […]