The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
Last week Erbil hosted for the fourth time the Project Iraq construction trade exhibition, together with the Elenex Iraq energy and electricity show. This year's construction fair was the largest so far, attracting exhibitors from 20 countries and thousands of visitors. Project Iraq 2011, the 4th International Trade Exhibition for Construction & Environmental Technology for […]
Students from various universities in Germany visited the Kurdistan Region recently as part of a fact finding mission. The visit by 14 students was organised by the Kurdistan Students Union in collaboration with Middle East Excursion (MEE), a project that aims to improve links between the Middle East and the international community, particularly with Germany. […]
Aiming to play their role in the transformation of Kurdistan into one of the most go-ahead regions of the Middle East, large numbers of students from the Kurdistan Region have been flocking to UK universities, backed by a scholarship programme. The University of Huddersfield has enrolled 30 Kurds – for courses that range from computer […]
DNO International today [Wednesday] received a second payment of USD 60 million from the Kurdistan Regional Government in respect of oil exports from the Tawke field operated by the Company in northern Iraq. A first payment of USD 103.7 million was received in June 2011. The Company had previously reported temporary reductions in production from […]
The Iraqi-Italian Economic Forum was opened in Erbil on Monday, with the participation of between 40 adn 50 Italian companies, along with representatives from the Italian Chambers of Commerce and Industry and Iraqi Chambers of Commerce. The forum, also attended by Iraqi Kurdistan Region’s Minister of Industry & Trade, Sinan al-Chalaby [Chalabi] and the Minister […]
The new head of the European Union Delegation to Iraq, Ambassador Jana Hybášková, paid her first visit to the Kurdistan Region to discuss political and economic ties. In a meeting with Kurdistan Region President Masoud Barzani, recent developments, the current programs and role of the EU in Iraq, and the relationship between the Kurdistan Regional […]
The Kurdistan Regional Government’s Head of Foreign Relations Minister Falah Mustafa Bakir today welcomed to Erbil his counterpart from the Veneto Region of Italy. Minister Bakir and the KRG’s Representative to Italy Ms Rezan Kadir together met Dr Diego Vecchiato, the Director of the Department of International Relations of the Veneto Regional Government. On his […]
Levels of violence rose slightly in Iraq over the past week, with attacks concentrated in Baghdad and the districts surrounding it, as well as the two northern cities of Mosul and Kirkuk. There was also a slight spike in activity around the town of Dujayl in Salah ad-Din province. While bombings around the country […]
The Kurdistan Regional Government's Minister of Trade, Sinan Chalaby [Chalabi], told AKnews that the number of Jordanian companies in Iraqi Kurdistan is expected to double by the end of the year. Currently 50 Jordanian companies do business in the Kuristan Region. According to Chalabi, this figure is expected to increase to 100 by the end […]
Turkish entrepreneurs have been invited to bid in a 6,000 megawatt electricity grid tender with a total value of $7 billion in northern Iraq, the Habertürk daily has reported. The tender for the construction of the grid is due to be open for bids on Thursday. According to the Turkish daily, the invitation to participate […]
WesternZagros Resources has announced encouraging results from a recently-completed study of the drill cuttings from its Kurdamir-1 well (pictured) utilizing advanced technology. The study, by Weatherford Laboratories in Houston, confirmed the potential of a gross oil and gas interval over 1,900 metres thick in the Kurdamir-1 well. These results significantly increase the Company's confidence of […]
Tony Hayward (pictured), the Chief Executive Officer of Genel Energy Plc, a group formed via a merger of Vallares Plc and Turkey's Genel Enerji, said he plans acquisitions in Iraqi Kurdistan. Reuters reports that the former boss of BP told reporters in Istanbul that the company plans to make the acquisitions with its $2.2 billion […]
