The latest news from Kurdistan – security updates, reconstruction and more – brought to you by Iraq Business News.
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. In Iraq, the toughest female competitors, best-equipped facilities and most experienced coaches are considered to be in the Kurdish-majority northern region: View on YouTube
By John Lee. The Kurdistan Regional Government has reportedly started repaying its debts, clearing half of what it owes to private banks and 10 percent of what it owes contractors. According to Rudaw, the KRG will now service its remaining debts every month. KRG finance minister Rebaz Hamlan (pictured) told the news agency that the […]
By Nahwi Saeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. President Barham Salih on Oct. 27 announced that he has developed a proposal for resolving the dispute over Kirkuk between Baghdad and Erbil. Without going into detail, he said his plan focuses on the ethnic and […]
Security forces have reportedly confiscated many USD and Euro bills and 88 million Iraqi Dinars (IQD) in counterfeit banknotes in Erbil province since the start of 2018. According to Kurdistan24, 100 suspects have been arrested for dealing and trading in counterfeit dinar. Full story here. (Source: Kurdistan24)
Tawke Licence: The Kurdistan Regional Government notes the updates by DNO and Genel Energy on November 1st regarding production increases under the Tawke Production Sharing Contract (PSC). The KRG is pleased with the efforts of the Tawke PSC Contractors in the Peshkabir area of the Tawke PSC Licence, where production has risen to over 50,000 […]
Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), has announced the launch of non-stop service to the city of Sulaymaniyah in the north of Iraq. The new service from the carrier’s primary hub in Sharjah marks Air Arabia’s fourth destination in Iraq and 152 worldwide. From November 6, 2018, […]
The number of tourists visiting the Kurdistan Region this year reached a record high, according to Mr. Mawlawi Jabar, Chairman of the General Board of Tourism. In an interview with the Kurdistan Regional Government website, Mr. Jabar noted: "In the first six months of 2018, 1.3 million tourists visited the Kurdistan Region, mostly from central […]
By Fehim Tastekin for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. While Turkey was eagerly anticipating a new government in Baghdad to sort out many problems with Iraq, a last minute decision by the outgoing prime minister has added a fresh item […]
DNO ASA, the Norwegian oil and gas operator, today announced production at the Peshkabir field in the Kurdistan region of Iraq has ramped up to 50,000 barrels of oil per day (bopd), meeting the end-2018 target ahead of schedule and below budget. One of two recently completed wells, Peshkabir-7, is producing over 10,000 bopd from […]
Survivors of Gender-Based Violence (GBV) in the Kurdistan Region of Iraq (KRI) can now dial “119” to receive support, counselling, and referrals to community-based services and resources in the region. On 26 September, UNFPA and the General Directorate for Combatting Violence Against Women (GDCVAW) in KRI launched the first helpline for gender-based violence survivors. The […]
Prime Minister Nechirvan Barzani attended the ground-breaking ceremony of the 150-meter ring road project of the city of Erbil. In a speech during the ceremony, Prime Minister Barzani said: “The 150-metre road project is one of many projects which were prepared for implementation by the Kurdistan Regional Government. If it had not been for hardships […]
Prime Minister Nechirvan Barzani opened Zakho Tunnel in a ceremony attended by cabinet ministers, members of Parliament, the Republic of Turkey’s Consul General to the Kurdistan Region, and a number of KRG officials. In a speech during the ceremony, Prime Minister Barzani said: “Opening of this tunnel on this important international highway that links the […]
