The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. KRG' Contracts, Laws and Oil Exports are Unconstitutional and Nullified, Federal Supreme Court Decides Federal Supreme Court-FSC in Iraq issued, after ten years of debate and deliberate procrastination tactics, a long-waited constitutional […]
By Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Death of Oil Federalism? Implications of a New Iraqi Court Ruling The legal decision and its political fallout are threatening some of the country's […]
By John Lee. Iraq's Federal Supreme Court has ruled that sales of oil and gas by the Kurdistan Regional Government (KRG), independently of the central government in Baghdad, is unconstitutional. In a statement on Tuesday, the court said that the Oil and Gas Law of the Kurdistan Regional Government, No. (22) of 2007, violated the […]
PM Masrour Barzani meets with representative of Deutsche Bahn railway company KRG Prime Minister Masrour Barzani on Thursday met with the representative of the German Deutsche Bahn railway company for Europe and the Middle and Near East. In the meeting, attended by the German Consul General in Erbil, the company's representative briefed the Prime Minister […]
DNO ASA, the Norwegian oil and gas operator, today reported record revenues exceeding USD 1 billion in 2021, up 63 percent from a year earlier, on the back of high oil and gas prices and solid production performance. Annual operating profit climbed to USD 321 million, reversing operating loss of USD 315 million in 2020. […]
Erbil-based travel and tourism operator London Sky is the newest member to join the Iraq Britain Business Council (IBBC). Aso Hussein, General Manager, said: "We are delighted to join the international community that is IBBC and look forward to supporting members in their business and personal travel requirements. We very much believe in the highest […]
UK-based Aggreko has announced that it has completed commissioning of the largest flare-gas-to-power project in the Middle East to date at 165 MW capacity. The plant is situated nearby the Saqala [Sarqala] Field, Garmain block, South East Kurdistan. The 165 MW modular power plant has run at full capacity for 72 hours in the project's […]
By John Lee. The Kurdistan Development Corporation (KDC) has bought the majority shareholding of Erbil-based KREDCO Real Estate Limited Company. KREDCO has previously been described as a joint venture between the KDC and the Kuwait-based National Real Estate Company (NREC). According to a disclosure to the Kuwaiti stock exchange, NREC said it sold its 51-percent […]
The United Nations World Food Programme (WFP) and Kurdistan Regional Statistics Office (KRSO) signed a new agreement on research into food security, to support informed decision-making on efforts to support vulnerable families in the Kurdistan Region. An important element of the partnership is training, and helping strengthen the skills and expertise of KRSO staff in […]
The World Health Organization (WHO) handed over more than 20 tons of urgently needed medical technologies to the Ministry of Health in the Kurdistan region of Iraq. The 117-pallet consignment contains a variety of emergency medical devices, mechanical and intensive care unit beds, personal protection equipment (PPEs), and in-kind medical furniture that will contribute to […]
By John Lee. The Kurdistan Regional Government (KRG) has reportedly signed a memorandum of understanding (MoU) with The Digital School to implement digital school programs and enhance cooperation in digital learning in the region. The Digital School describes itself as "the first integrated Digital school which provides remote learning in a smart and flexible way, […]
By John Lee. Australia's SBS News has published CCTV footage purporting to show the explosion that temporarily closed the Kirkuk-Ceyhan pipeline earlier this week. It appears to show an electricity pylon falling on the pipeline. According to Kurdish news agency Rudaw, a group affiliated with the Kurdistan Workers' Party (PKK) had claimed responsibility for the […]
