The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
The Kurdish Regional Government’s President Masoud Barzani has been telling a delegation of Iraq Britain Business Council members the door to trade with the Kurdish region was wide open. He said: "I hope that as companies you will support us at this critical time in the development of Kurdistan. "There are British businesses here already […]
In Salahaddin on Monday KRG President Masoud Barzani welcomed the outgoing German Ambassador Christian Berger, who came to bid farewell to the Kurdistan Region as he concludes his term in Iraq. President Barzani thanked the Ambassador for the important contributions of the German people and government toward the ongoing development of Kurdistan, and Germany’s significant […]
The Middle East Association is pleased to be hosting a VIP Lunch with Bayan Rahman, High Representative to the UK of the Kurdistan Regional Government at Bury House on Wednesday 27th June. Please find the flyer and registration form (corrected) attached. Bayan Sami Abdul Rahman began her career as a journalist in the UK and […]
Following a visit by a delegation of Dutch companies to Kurdistan last week, AKnews reports that about 100 Dutch companies have expressed an interest in working in the region for the first time. The companies attended an economic forum promoting the Kurdistan Region and looking at prospects for Dutch investors. Azad Ahmed, from the Chamber […]
The Kurdistan Regional Government's Head of Foreign Relations officially opened a new Representation Office in Vienna on Saturday, making it the 13th KRG representation office abroad. At the same time, Austria's Vice Chancellor and Foreign Minister announced that Austria also plans to open a representation office in Erbil as well. Minister Falah Mustafa opened the […]
The KRG's Ministry of Agriculture and Water Resources had decided to ban the importation of more vegetables and fruit in order to boost the local production, reports AKnews. From the beginning of July it will impose the ban on sunflower seeds, watermelon, melon and eggplant, said Nuri Ismael, loan and marketing director at the Ministry. […]
AKnews reports that a joint business delegation from Jordan and Palestine will arrive in Iraqi Kurdistan Region this week for a business conference. Dara Jalil Khayyat, head of the Kurdistan Union of Chambers of Commerce and Industry, said fifteen businessmen from Jordan and two from Palestine will arrive on Tuesday, and will hold an economic […]
AKnews reports that Kurdistan's Minister of Finance and Economy says he cannot afford to increase the housing grant. Bayiz Talabani [Bayiz Saeed Mohammad Talabani] (pictured) attended a budget meeting on Thursday to answer reports of parliamentary committees. Talabani said: "Now 18,000 staff and civil servants get paid from the Kurdistan Regional Government." It was suggested […]
Flights between Tehran and the Kurdistan Region began for the first time on Monday, said Tehran-based Mahan Airlines. Hossein Hosseini, the Director of Marketing for the airline, said “We are delighted to announce Erbil as our first new route for 2012. We have seen significant growth in Northern Iraq economy during past two years and […]
Iraqi Kurdistan needs to spend 200 billion dinars ($172 million) a year on homebuilding, an adviser to the housing ministry, Ammar al- Najjar, told Bloomberg in an interview. “We are capable of resolving the housing crisis in the coming 10 years through building 5,000 units a year ...We’ll need 200 billion dinars a year to […]
A plan to construct a new oil pipeline, with a capacity of 1 million barrels per day, between Iraqi Kurdistan and Turkey has drawn positive responses from many in the oil industry, according to a report from Investors Chronicle. Paul Atherton, finance chief of Heritage Resources, said: "This is an excellent opportunity for Heritage to […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
