The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
Hungary is keen to improve trade and relations with Iraq, and along with the re-opening of its embassy in Baghdad it plans to open a consulate in Erbil. The announcement came on Sunday after a meeting between Hungary's deputy foreign minister, its Ambassador to Iraq, and the Chairman of Kurdistan's department of External Relations. According […]
The following article was written by Anahit Khatchikian and Roni Alasor, and published by Ararat News -- it is reproduced here with their permission. The opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. On economic level Federal Kurdistan Region (Iraq) has been compared by Western […]
Overview Levels of violence rose in Iraq last week to the highest level seen this year. The graph below indicates that there were over 70 major attacks recorded countrywide, the majority of which took place in Baghdad. There were several incidents also recorded in eastern Anbar province, a slight fall in the number of attacks […]
By Chris Bowers, British Consul General in Erbil. This article was originally published by Rudaw, and is re-published with permission by Iraq Business News. Imagine a visitor who arrives at Erbil International Airport. He passes a car showroom and heads to a hotel. He flicks a switch and is pleased to see the room illuminated […]
Sterling Energy Plc has issued its Interim Management Statement for the period beginning 1 January 2011. HIGHLIGHTS Sangaw North-1 exploration well is drilling ahead at 3,760m. Production, net to Sterling from the Chinguetti field, averaged 629 bopd for the first quarter 2011 (Q1 2010: 714 bopd) Adjusted EBITDA in first quarter of $0.6 million (Q1 […]
As part of the reform program announced by President of Iraqi Kurdistan, Massoud Barzani (pictured), and the Kurdistan Regional Government (KRG), all land allocations to private companies and investors have been suspended for two months, pending a new, more efficient mechanism for land allocations. This decision excludes agricultural and industrial projects, as well as projects […]
By Tariq Abdell, Iraq’s political risk analyst, Founder & CEO of Mesopotamia Insight. The opinions expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. Mr Gates, U.S. Defense Secretary, recent visit to Iraq underlines Washington's uneasiness and frustration with Baghdad's indecisiveness and lack of strategic foresight […]
Overview Levels of violence rose in Iraq last week, with a particular increase in the number of attacks targeting civic employees in Baghdad. There were also clusters of violence in the cities of Fallujah, Ramadi, Mosuk and Kirkuk, as well as in the north of Babil province. The south was relatively quiet, as was most […]
Several Kurdistan Regional Government ministers joined Turkey’s Minister of Finance Mehmet Şimşek and other officials at a ceremony to celebrate Turkish Airlines’ first flight into Erbil International Airport today. Turkish Airlines’ first flight from Istanbul to the Kurdistan Region’s capital of Erbil arrived at 11.40 this morning, carrying more than 40 businessmen who were the […]
The Kurdistan Region is once again preparing to host more than ten trade shows this year. Now firmly established as the centre for Iraq’s largest trade exhibitions, the fairs provide a meeting point for international companies, local firms and government officials from all parts of Iraq. The trade fairs are held in dedicated exhibition spaces. […]
Overview There was a fall in the number of violent incidents taking place in Iraq last week, although there was a spate of attacks around the centre of the country on Monday, leaving a number of people dead. In general, violence remains concentrated in Baghdad, the dstricts immediately surrounding it, and the northern city of […]
Spain’s official foreign trade agency yesterday [Monday] launched a two-day business forum in Erbil to strengthen commercial ties between Spain and the Kurdistan Region. At the forum, 50 leading Spanish companies met government officials and representatives of over 150 local firms. On behalf of Prime Minister Barham Salih, the Chairman of Kurdistan’s Investment Board Minister […]
