The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
The Iraq Britain Business Council (IBBC) took a significant group of members on a trade mission to KRI this week. Paramount was the need to review business opportunities and investment in the region and to learn directly from the Prime Minister Barzani his plans for business and industry. The group, led by Baroness Nicholson, UK […]
KRG Prime Minister Masrour Barzani has received a delegation from the Iraq Britain Business Council (IBBC) headed by its chairman and the UK Prime Minister's Trade Envoy to Iraq, Azerbaijan, Turkmenistan, and Kazakhstan, Baroness Emma Nicholson. The two officials discussed strengthening bilateral trade relations between the Kurdistan Region and the United Kingdom. The Prime Minister […]
By John Lee. Shares in DNO ASA, the Norwegian oil and gas operator, were trading down 7.5 percent on Thursday morning, after the company reported a net loss for the third quarter. The company reported what it described as strong third quarter revenues of USD 227 million, up 33 percent from a year earlier, on […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Civil society activists and journalists leave Baghdad in fear of being arrested On Oct. 9, an Iraqi journalist left Baghdad for Erbil, the capital of the Kurdistan Region of Iraq, […]
Genel Energy has announced the signing of a contract with Parker Drilling for the drilling of the QD-2 well on the Qara Dagh field (Genel 40% working interest, operator), in the Kurdistan Region of Iraq. The QD-2 well will test the structural crest 10 km to the north-west of the QD-1 well, which tested sweet, […]
By John Lee. Doctors Without Borders /Médecins Sans Frontières (MSF) has issued a statement on the situation along the Iraq-Syria border: As people continue to flee conflict in northeast Syria for Iraq, Médecins Sans Frontières (MSF) has launched medical activities at one site receiving refugees in Iraq along the border with Syria and has assessed […]
By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi President Barham Salih met separately Sept. 18 with four Kurdistan Regional Government (KRG) leaders — President Nechirvan Barzani, Prime Minister Masrour Barzani, parliament Speaker Rewaz Fayaq and Deputy Prime Minister Qubad Talabani in Erbil, the KRG […]
By John Lee. The Kurdistan Regional Government (KRG) has reportedly banned the import of grapes into the Kurdistan Region. Rudaw quotes Hussein Hama Karim, KRG's Agriculture and Water Resources spokesperson, as saying: "The ban is to protect our domestic product ... We will continue our efforts to completely ban the illegal import of products into […]
By Alice Bosley and Patricia Letayf, Co-Founders of Five One Labs. At Five One Labs, we work with idea or early-stage entrepreneurs from diverse communities to launch scalable, innovative businesses. We’ve had the privilege to work with tech startups like Dada, PHARX, Khanoo and more, and deeply understand the struggles that entrepreneurs who pursue apps, […]
By John Lee. The Kurdistan Regional Government (KRG) is to repay the debts of what it describes as "around 9,000 hardworking farmers". In a statement, the KRG said the Ministry of Agriculture and Water Resources will repay over IQD 222 billion (USD 186 million), in line with the new government’s objective of developing and diversifying […]
By John Lee. Manufacturers of red bricks are reportedly criticizing the Kurdistan Regional Government (KRG) for its failure to financially support the industry and capitalize on demand in the rest of Iraq. According to information obtained by Rudaw, the Kurdistan Region has 11 advanced brickworks, with the capacity to produce some 860 million bricks annually, […]
By John Lee. The Kurdistan Regional Government (KRG) has agreed that it will update and fully implement legislation on intellectual property, protecting the Kurdistan Region’s entrepreneurs, academics and businesses from infringement. A legal committee will also be established to review new draft legislation for approval in this session of the Kurdistan Parliament. (Source: KRG)
