The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. Direct flights have been launched between Iran's Western city of Oroumiyeh [Urmia] and Erbil in Iraq Kurdistan. The Director of Oroumiyeh International Airport, Kamal Parhizgar, said the flights would be scheduled on Sundays and Thursdays. (Source: PUKmedia)
By John Lee. Italy’s new ambassador to Iraq, Massimo Marotti (shown here presenting his credentials to Minister of Foreign Affairs, Hoshyar Zebari, in January), has said that Italy considers the Kurdistan Region as the “gateway” to Iraq. On a recent visit to Erbil, he said: "Trade between the Kurdistan Region and Italy has reached $4 billion […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. As the world discusses the legacy of the Iraq war on the 10 year anniversary of the US-led invasion, one group that appears to have clearly benefited from the conflict is Iraq's […]
Representatives of 500 CSOs have presented their vision for an agreement between public authorities and civil society in the Kurdistan region of Iraq following four months of consultations. The draft agreement, which will serve as a basis for upcoming discussions with Parliament and Government, is intended to improve cooperation between public authorities and civil society […]
From Jewish News One. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. A decade after war and the toppling of dictator Saddam Hussein, Iraq's Kurdistan is experiencing a construction and economic boom: (Source: Jewish News One)
Minister Falah Mustafa received the new Polish Consul, Mr Roman Jerzy Chalaczkiewicz, to the Kurdistan Region yesterday. The new consul has previously served as ambassador to Iraq (1997-2002) and in other countries in the Middle East, including United Arab Emirates. The assignment of the new consul follows the inauguration of their consulate in June last […]
Afren has announces an update on the on-going testing programme on the Hunt Oil Middle East (HOME) operated Simrit-2 well, yielding incremental flow rates of 5,368 bopd, with a cumulative rate of 18,952 bopd from six of the 12 zones tested. Following the conclusion of drilling operations at the Simrit-2 well, located on the northern […]
Italy’s new ambassador to Iraq last week visited the Kurdistan Region for the first time and met President Masoud Barzani. He came with a delegation from SACE, Italy’s export credit and project finance agency. President Barzani and Ambassador Massimo Marroti, who arrived from Baghad, discussed bilateral relations and explored ways to further strengthen ties. Their […]
By John Lee. The Iraqi parliament passed the 2013 budget of the 138 trillion Iraqi dinars ($118.5 billion) on Thursday, allocating to Kurdistan just a fraction of the oil revenue the region requested, reports Wall Street Journal. Ibrahim al-Mutlaq, a member of the parliamentary finance committee, said the budget allocates 750 billion Iraqi dinars ($644 […]
Spain's Ambassador to Iraq yesterday presented the Head of the KRG's Department of Foreign Relations with the document naming Mr Dawood Jaff as Spain's Honorary Consul to the Kurdistan Region. Ambassador José Turpin visited Erbil to present the exequatur to Minister Falah Mustafa. Minister Mustafa stated: "This is an important step forward and we believe […]
President Masoud Barzani welcomed Italy’s new ambassador to Iraq Mr. Massimo Marotti in his office in Salahaddin today to discuss bilateral relations and explore ways to further strengthen ties. The meeting focused on the ongoing political challenges facing Iraq, relations between Italy and the Kurdistan Region, and the crisis in Syria. Ambassador Marotti said Italy […]
Genel Energy has said it expects to export oil by pipeline from its fields in Iraqi Kurdistan by 2014. The company's CFO, Julian Metherell (pictured), said: "We can expect by 2014 to be accessing the export markets from our major assets, whether that is through Baghdad controlled infrastructure or through Kurdistan." Genel posted full year revenues […]
