The latest news on Turkey – Iraq business – air Industry, infrastructure & more – brought to you by Iraq Business News
A plan to construct a new oil pipeline, with a capacity of 1 million barrels per day, between Iraqi Kurdistan and Turkey has drawn positive responses from many in the oil industry, according to a report from Investors Chronicle. Paul Atherton, finance chief of Heritage Resources, said: "This is an excellent opportunity for Heritage to […]
KRG Prime Minister Nechirvan Barzani announced a strategic, tripartite energy agreement yesterday between companies from the Czech Republic, Turkey and the Kurdistan Region to build a new power plant. The agreement brings together the Czech Export Bank, Czech company PSG International, Turkey’s Renaissance Construction and KAR Group, the Kurdistan Region’s largest company, to build and […]
The Middle East Association (MEA) is pleased to inform you of the UKTI UK-Turkey Partnership for Opportunities in Iraq and Caspian Gas Forum, which are taking place at the Çırağan Kempinski Hotel in Istanbul during 3-5 July 2012. Tickets are available for either event or both events together, and UK-based delegates can receive 20% discount […]
KRG Prime Minister Nechirvan Barzani led a KRG delegation to the 2012 World Economic Forum in Istanbul on June 4 and 5. He also attended private meetings with Prime Minister Recep Tayyip Erdoğan and other senior Turkish officials, including Foreign Minister Ahmet Davutoglou. In their meeting, Prime Minister Erdoğan welcomed the KRG delegation and discussed […]
Iraq has signed a $55 million contract with Turkey’s Bilal Insaat to build 1,200 housing units in the northern province of Kirkuk, according to the Kirkuk Investment Commission. The residential compound, to be caalled New Haweeja City, will be completed within 30 months in al-Haweeja town in Kirkuk province. According to the report from Bloomberg, […]
A new electricity line from Turkey to Mosul was inaugurated on Saturday, according to a report from AIN. The Head of the Energy and Services Department at Mosul Provincial Council, Zuhair al-Jobbery, told the agency that the cable will initially transfer 50 MW of power. After four days of test operations, the line will eventually […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
Levels of violence fell slightly in Iraq last week. At least 43 people were killed and 125 injured in nationwide incidents. A total of 43 bomb attacks left 24 people dead and 106 injured. There were no suicide bombings recorded although a number of militants were killed whilst handling explosive devices that detonated prematurely. A […]
AKnews reports that Iraq's Ministry of Industry has signed a £3-million contract with a Turkish company for the production of fire extinguishers. The company signed the deal with Iraq's state-owned al-Kanadi company, which is headed by Yousuf Hussein Yousuf. "The contract came within the allocations of the investment plan for the years from 2010 until […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
Iraq has warned Turkey against following through with a deal to build new pipelines carrying oil and gas from Iraqi Kurdistan, reports International Business Times. Turkey signed the pipeline deal with the Kurdistan Regional Government on Sunday, bypassing the central government in Baghdad. The BBC quotes Ali al-Moussawi, an adviser to Iraq's president, as saying, […]
Prime Minister Nechirvan Barzani at a major energy conference in Erbil yesterday said that Kurdistan’s relations with Turkey in the energy sector have entered a new phase. He expressed his optimism that after his recent visit to Turkey, more political will and understanding will lead to stronger economic relations. In his speech at the energy […]
