The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
By John Lee. The Kurdistan Regional Government (KRG) has expressed concerns and signaled its opposition to legislation put forward by the Iraqi parliament on Thursday that it says would once more cut the Kurdistan Region's share of the federal budget. The Council of Ministers issued the following statement: "The Kurdistan Regional Government commends the Kurdistan […]
Kurdistan's Deputy Prime Minister HE Qubad Talabani to Speak at the Virtual Kurdistan Iraq Economic Forum Inaugural Conference set to navigate the economic future Kurdistan and Iraq Conference will include online sessions available live and on demand for all attendees Delegates will gain insights into the latest policy and project announcements, crucial for successful investment […]
KRG Prime Minister Masrour Barzani on Monday headed to Europe to meet with senior European officials to discuss the benefits of increased trade with the Kurdistan Region and to strengthen diplomatic ties. The Prime Minister will lead a government delegation visiting several European countries as part of the Kurdistan Regional Government's roadmap to diversify its […]
DNO ASA, the Norwegian oil and gas operator, today reported boosting Kurdistan output to 113,700 barrels of oil per day (bopd) in the third quarter, reversing declines triggered by oil market convulsions in the wake of Covid-19. Production from the DNO-operated Tawke and Peshkabir fields was up 12 percent from the prior quarter following a […]
US Consul General Robert Waller visited the American University of Kurdistan (AUK) and met with its president, Dr. Randall Rhodes. They announced the "Support to American-Style Higher Education in Iraq" program, with a $4 million grant from the U.S. Department of State. AUK is now partnered with six U.S. universities. This grant will support accreditation […]
By John Lee. French telecoms company Orange Group has reportedly launched legal proceedings against the Iraqi government with the International Center for Settlement of Investment Disputes (ICSID), part of the World Bank, for more than $400m that it alleges was expropriated by the country's regulator. The case relates to the company's investment in Korek, the […]
Newly-constructed COVID-19 Isolation Ward opens in Dohuk A 20-bed Isolation Ward designed to handle the most severe COVID-19 patients has been officially opened by the Governor of Dohuk in partnership with the United States Agency for International Development (USAID) and the United Nations Development Programme (UNDP) in Iraq. Constructed by UNDP and funded by USAID, […]
By John Lee. Iraq's Minister of Oil, Ihsan Abdul Jabbar Ismael [Ihsan Abduljabbar] (pictured) has reportedly proposed setting up a joint oil company to manage the production and export of oil from Iraqi Kurdistan. According to Shafaq News, the new company would be "linked technically and administratively to the presidency of the region and the […]
KRG Prime Minister Masrour Barzani convenes Supreme Economic Council KRG Prime Minister Masrour Barzani today presided over a meeting of the Supreme Economic Council to discuss challenges and opportunities for greater economic growth and prosperity in the region. Joined by Deputy Prime Minister, Qubad Talabani, Prime Minister Barzani affirmed the government is pursuing its ambitious […]
Welcoming the agreement between the Federal Government of Iraq and the Kurdistan Regional Government (KRG) on the status of Sinjar district in Ninewa as a "first and important step in the right direction", the United Nations Assistance Mission for Iraq (UNAMI) expressed hope that it would pave the way for a better future. Sinjar witnessed […]
Five One Labs, a start-up incubator for Iraqi and Syrian entrepreneurs based in the Kurdistan Region of Iraq (KRI), has launched Five One Invest, an investment initiative that creates more efficient deal-making and matchmaking opportunities for local investors and increases access to capital for entrepreneurs as they scale. Five One Labs co-founder Alice Bosley said: […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Duhok tourist sites welcome more than 12,000 visitors in two weeks Tourist sites in Duhok province have seen upwards of 12,000 tourists in the two weeks since holidaymakers were allowed in from other parts […]
