The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. Qatar's Ambassador to Iraq, Khalid bin Hamad Al-Saliti, met with the former President of the Kurdistan Region of Iraq, Massoud Barzani, in Salahaddin on Wednesday. The discussion revolved around the significance of the relations between Qatar, Iraq, and the Kurdistan Region. During the meeting, the Qatari Ambassador expressed his country's intention to […]
By John Lee. Canadian oil development and exploration company ShaMaran Petroleum has announced that all non-essential capital expenditures in the Atrush block (pictured) have been cancelled or postponed, while it engages with bondholders to seek additional balance-sheet flexibility. The company's operations remain heavily impacted by the continued closure of the Iraq-Turkey pipeline (ITP), connecting Iraq's […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Will Turkey agree to resume oil shipments from northern Iraq? The transfer of crude oil from Iraq to Turkey remains suspended, almost four months after an arbitration ruling found that Ankara […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Turkey extends flight ban on Iraqi Kurds' Sulaimaniyah airport over alleged PKK support Turkey said its latest ban is in response to "the intensification of activities by the PKK […]
By John Lee. The Shoshme [Shushme] border crossing in Halabja has been opened. According to the KRG, the gate is open for tourist traffic between the Kurdistan Region of Iraq (KRI) and Iran. (Source: KRG)
By Joseph Daher for The New Arab. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. With Iraq's new budget, Baghdad goes after Kurdish oil Taking advantage of festering divisions within Kurdistan and the weakening of the KRG government, Iraq's central government has seized its […]
By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has said that the KRG is committed to supporting the construction of dams across the Kurdistan Region. Speaking at the laying of the foundation stone for the Bastora Dam in Erbil governorate, Masrour Barzani said the government has decided to build as many […]
By Sardar Aziz for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How China dominated Iraq's solar energy market As Iraq continues to struggle to provide electricity to its people, cheap Chinese technology is helping the country, as well as the […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq's new budget affects oil arrangement with Kurdistan region The success of Iraq's largest-ever budget is partially dependent on oil prices, and follows the federal government asserting more […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. UK 'extremely supportive' of KRG digitalization process: Diplomat The largest fishery in the Kurdistan Region and Iraq will be built in Duhok province. In the first phase, the fishery will produce 200 tons of […]
By John Lee. KRG Prime Minister Barzani has laid the foundation for the Dabeen Cement Factory in Safeen. Full statement from KRG Prime Minister, Masrour Barzani, at the opening of the plant: On Thursday June 22, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) attended the foundation stone laying ceremony of the […]
By John Lee. KRG Prime Minister Masrour Barzani has launched Invest Kurdistan, a new platform dedicated to investment in the Kurdistan Region. Oddly, the statement did not provide a link to this new platform, but we found it here: https://invest.gov.krd/ From a business perspective, the key points highlighted in the statement are as follows: Investment Opportunities: […]
