By John Lee. Saudia Airlines has announced that it will start direct services to Erbil in October. The service will offer three flights per week from Jeddah. (Source: Saudia Airlines)
Saudia Airlines to fly to Erbil
Tag Archives | Kurdistan News
The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
Video: Iran claims Missile Attack on Kurdish Rebels in Iraq
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iran's Revolutionary Guards Corps (IRGC) confirmed on Sunday that it had launched deadly missile attacks against Kurdish rebels in northern Iraq a day earlier. Rockets struck the headquarters of two Iranian Kurdish opposition […]
Iraqi Kurds help Iranian Kurds as Sanctions begin to bite
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Kurds throw lifeline to Iranian Kurds as sanctions begin to bite As Washington tightens the screws on Iran with crippling sanctions to bring the ayatollahs to their knees, […]
"Dangerous Cars" being Imported into Kurdistan
According to a report from Rudaw, thousands of poor quality, overturned or water-damaged American cars have been imported to the Kurdistan Region over the past two years, due to the facilitations made by the KRG to car traders in a bid to increase revenues at customs points. Statistics produced by the ministry of trade and […]
Applications Open for Start-Up Incubator
Applications are now open for the Five One Labs Incubator in Sulaimani. The Startup Incubator is a three-month, full-time program for entrepreneurs looking to work intensively to launch their businesses. The program will run from mid-September through mid-December and will end with a Demo Day in December. More information here. (Source: Five One Labs)
Altun Kupri Bridge Re-Opens
By John Lee. The Altun Kupri (Alton Kopri) bridge linking Kirkuk and Erbil provinces has been re-opened. According to a brief statement from the Iraqi Govt, the bridge is vital for commerce and for fostering enduring ties between communities. The route has been closed following clashes between Peshmerga and Iraqi forces in October. (Source: Iraqi […]
Sulayminyah Tobacco Factory to be turned into Arts Centre
Sulayminyah has, since its founding 200 years ago, been dedicated to the arts and now the Kurdistan Regional Government has dedicated six million dollars to create a cultural arts centre in the city. Click here to view the video from Al Jazeera.
DNO Reports Payment for Tawke Deliveries
By John Lee. DNO ASA, the Norwegian oil and gas operator, has reported receipt of USD 69.03 million as payment for May 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' […]
GKP confirms Shaikan Payment
By John Lee. Gulf Keystone Petroleum (GKP) has confirmed that a gross payment of $27.0 million ($21.2 million net to GKP) has been received from the Kurdistan Regional Government for Shaikan crude oil sales during May 2018. (Source: GKP)
DNO Presses Foot on Accelerator in Kurdistan
DNO ASA, the Norwegian oil and gas operator, today announced plans for its first dividend distribution to shareholders in 13 years following release of strong half-year 2018 results, including revenues of USD 289 million which were up 83 percent from the same period last year. The Company also reported a net profit of USD 61 […]
Deloitte report on Kurdistan Oil and Gas - New Data
Third Deloitte report on Oil and Gas Review in the Iraqi Kurdistan Region, with newly added disclosures on local sales – Q1 of 2018 New verified data on the Kurdistan Region’s oil exports, consumption and revenues have been published, covering the period from 1 January 2018 to 31 March 2018, after a review of the […]
German Companies Encouraged to Invest in Kurdistan
Prime Minister Nechirvan Barzani received the new Consul General of Germany to the Kurdistan Region, Ms. Barbara Wolf and her accompanying delegation. In the meeting, which was also attended by Kurdistan Regional Government’s representative in Germany, Mr. Dilshad Barzani, Consul General Wolf thanked the KRG for its assistance to the German Consulate General in Erbil. […]