The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. Germany's BASF, one of the world’s leading producers of construction chemicals, has joined with French cement and concrete materials leader Lafarge to set up a new plant to make chemicals for the construction industry in Iraqi Kurdistan, according to a report from TradeArabia. Dick Purchase (pictured), head of BASF Construction Chemicals division […]
Tuesday marked the conclusion of Kurdistan Projects, a three-day event organized by MEED which successfully attracted a large number of international companies pursuing investment and business opportunities. Attendees heard from senior KRG officials, government experts, and leading private sector representatives on a wide range of topics. This is the third year MEED has hosted a […]
President of the Entrepreneurs Union of Kurdistan, Samir Ismail Daizi, has announced that a delegation of entrepreneurs of the region will pay a visit in Tunisia in September 2014. During a Tunisian-Kurdish business forum held, Monday in Erbil, on the theme "opportunities of partnership and trade exchanges", Daizi said that the visit scheduled by the […]
Tunisair announced two direct flights per week to Kurdistan at the first Tunisia – Kurdistan Economic Forum hosted by the KRG in Erbil. Tunisian government officials, representatives of more than 50 companies, as well as journalists were among the delegation aboard the first Tunisair flight to arrive in Kurdistan. At the well-attended forum, KRG Minister […]
Last week the Municipality of Dubai proposed a twinning project with the capital of the Kurdistan Region, Erbil, to foster cooperation on a number of issues, especially regarding the real estate market, e-governance and reducing bureaucracy in government institutions. The proposal came at a Kurdistan – United Arab Emirates trade forum held in Erbil on […]
By Harith Hasan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. KRG Risks Isolation in Iraq by Exporting Oil through Turkey The announcement this month that the Kurdistan Regional Government (KRG) was exporting oil independently of the Iraqi central government was an […]
The Prime Minister yesterday addressed the Kurdistan Parliament at length regarding the Region's financial situation, disputes with Baghdad, natural resources, and other matters. An excerpt of his address is below: “The Kurdistan Region’s policy from the beginning has been based upon solving outstanding issues with Baghdad. We want to find a solution and reach an […]
Dubai Chamber of Commerce and Industry has urged Iraqi banks and financial companies to expand their networks within the Islamic economy through Dubai which is working hard towards becoming the capital of Islamic Economy in the World during a roundtable discussion on “Islamic Finance” held in Divan Hotel, Erbil, Kurdistan. The meeting, which identified the […]
The KRG abhors the practice of so-called honour killing, and is committed to combating violence against women in all its forms. The current case of Dunya will be managed by the judicial system, which is mandated to handle such matters. Without prejudice to this case, which is currently under investigation, the KRG restates unequivocally its […]
The Kurdistan Regional Government has announced the successful delivery via pipeline of the first quantities of natural gas from the gas field at Summail to fuel the Duhok Power Station (pictured). The Summail Gas Field lies within the area of the Duhok Production Sharing Contract (PSC) and is operated by the Norwegian company DNO, which […]
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. All Talk, No Action: Iraqi Kurdistan’s New Freedom of Information Law Toothless Iraqi Kurdistan has a new freedom of information law. Despite being lauded by all local political parties, the […]
HKN Energy Ltd. (HKN) has announced that it has notified the Kurdistan Regional Government of Iraq (KRG) that the Swara Tika discovery is a “Commercial Discovery” pursuant to the terms of the Sarsang Production Sharing Contract. HKN, as operator of the Sarsang Block, has drilled two wells on the Swara Tika structure. The Swara Tika-1 […]
