The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
The Kurdistan Regional Government has approved Maersk Oil’s acquisition of a 40% non-operating interest in the Piramagrun and Qala Dze Production Sharing Contracts from Repsol Oriente Medio S.A. Repsol will continue to operate exploration activities and also hold a 40% interest. The Kurdistan Regional Government will hold the remaining 20% share of each block. The […]
Mr. Dara Jalil Khayat, the president of Erbil Chamber of Commerce and Industry, recently received Mr. Radvan Coksoz, Vice President of the Chamber of Commerce and Industry of Gaziantep in Turkey, along with members of the board of directors. The sides talked about ways to strengthen trade relations between the two cities. Mr. Coksoz announced in […]
The President of the Kurdistan Region, Masoud Barzani, today hosted the foreign diplomats and representatives from international organizations based in the Kurdistan Region in order to discuss the latest political and economic developments in Kurdistan as well as in Iraq as a whole. At the outset of the meeting, the Head of the KRG Department […]
The Head of the KRG Department of Foreign Relations, Minister Falah Mustafa, met with Alfred Bratanek, Deputy Head of Mission in the Austrian Embassy in Amman, Jordan along with a joint delegation from the Austrian and Slovenien Foreign ministries, to discuss the opening of a new visa center in Erbil. The Assistant Head of the […]
By John Lee. Dubai Chamber of Commerce and Industry (DCCI) plans to open an office in Iraqi Kurdistan during the first quarter of 2014. Hamad Buamim (pictured), DCCI president and CEO, told Gulf Business: “Kurdistan is a market that is experiencing considerable growth ... “Iraq as a whole, given its rebuilding efforts, has significant potential […]
The KRG Ministry of Natural Resources (MNR) gives public notice of the commencement of the sale of its first shipment of crude oil exported via Kurdistan Region’s new pipeline through Turkey to the Port of Ceyhan (pictured). MNR anticipates the sale of the first parcel of two million barrels of exported crude oil to occur […]
The Kurdistan Regional Government UK Representation is delighted to announce a seminar for a visiting Erbil Trade and Investment Delegation to the UK, led by Ms Nawroz Mawlood, the Head of Erbil Branch of the Board of Investment, on 21st January 2014 from 2.30pm to 5pm at the Middle East Association, 33 Bury Street, London […]
By John Lee. Petroceltic International has provided an operational update today together with guidance for its 2014 production outlook and exploration and development work programmes. Highlights 2013 production in-line with guidance at 25.2 Mboepd; 2014 forecast production range of 20.0 to 22.0 Mboepd Shakrok well in Kurdistan Region of Iraq drilling ahead at 1818 m […]
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. "Sorry, We’re Out of Money": Banks in Iraqi Kurdistan Out of Cash Locals in Iraqi Kurdistan have found themselves unable to withdraw cash from their banks, despite the fact […]
The Ambassador of Sri Lanka, Sumith Nakandala, has visited the Kurdistan Region and met with the Head of the KRG Department of Foreign Relations, Minister Falah Mustafa to discuss a wide range of issues including ways of enhancing bilateral relations. The meeting was attended by the Deputy Head of the DFR, Karwan Jamal and the […]
The Head of the KRG, Department of Foreign Relations, Minister Falah Mustafa, recently welcomed the non-resident Canadian Ambassador to Iraq, Bruno Saccomani, to discuss the ways in which both sides can work together more closely. This visit follows a similar visit by the Canadian Ambassador to Kurdistan this past October. The meeting was attended by […]
The Head of the KRG Department of Foreign Relations, Minister Falah Mustafa, has welcomed the new Ambassador of the Kingdom of Netherlands, Jeannette Seppen where they discussed a wide range of issues related to further strengthening ties between both sides. The Assistant Head of DFR, Siham Jabali and the Head of the Dutch Embassy Liaison […]
