The National, United Arab Emirates — ERBIL, IRAQ // In a single fell swoop earlier this summer, the UAE became the biggest source of foreign investment for the northern region of Iraq known as Kurdistan.
The announcement by Damac Properties of a US$4.5bn (Dh16.52bn) property development outside the capital city of Erbil has proven to be the beginning of a wave of investment by UAE companies looking to join in the economic revivalMore…
Kurdistan Regional Government — Representatives of 50 German companies and Germany ’s Ambassador to Iraq yesterday concluded a trade mission to the Kurdistan Region.
The largest business delegation to visit the Region so far met with Prime Minister Nechirvan Barzani and other Kurdistan Regional Government officials, and attended the annual Erbil International Fair.
Mr Christof Weil, Germany ’s Ambassador to Iraq, joiMore…
Kurdish Globe — Prime Minister of the Kurdistan Regional Government (KRG) Nechirvan Barzani discussed with the commanders of U.S. forces in northern Iraq and in Mosul the long-term security agreement that is scheduled to take place between Iraq and the United States.
Sunday, Barzani received in his Erbil-based office Maj. Gen. Mark Hertling and Maj. Gen. Thomas and discussed with them the security and politicMore…
Kurdish Globe — The UN will provide technical and financial support to the Region.
The United Nations and the government of Kurdistan Region signed an agreement on October 13 in which the UN will provide technical and financial support to the Region for three years.
Signing the agreement was David Shearer, deputy to the UN Secretary-General's top envoy to Iraq, Staffan De Mistura. "According to this agreemMore…
Kurdish Globe — "Erbil, target of investors who have a long-term goal in Iraq."
Erbil and Suleimaniya host two international trade fairs, bringing hundreds of local, regional, and international companies together.
Erbil International Fair 2008, organized by IFP Iraq under the auspices of the Kurdistan Regional Government (KRG), opened on October 15 and will run for five days until October 19.
Five-hundMore…
Your Industry News — Kurdistan Regional Government Prime Minister Nechirvan Barzani signed a series of ground-breaking agreements with the Korean National Oil Company (KNOC) late September.
These finalize a set of earlier preliminary agreements under which KNOC will be granted rights to explore and drill on several sites in the Kurdistan Region in exchange for valuable support on a range of infrastructure projects.More…
The Canadian Press — CALGARY — Addax Petroleum Corp. (TSX:AXC) has taken a one-third interest in the Sangaw North production sharing contract in the Kurdistan region of Iraq.
The Calgary-based company, focused on East Africa and the Middle East, did not disclose the dollar value Thursday of its interest in the licence area operated by Sterling Energy PLC.
The purchase price "comprises the reimbursement of SterMore…
World Politics Review — The "Commentary" by Sam Brennan, "The Misrule of Massoud Barzani: Iraqi Kurdistan's Yasser Arafat," is erroneous and ill-informed.
Mr. Brannen begins with the statement that the "Kurdish north is increasingly a source of unrest" and "becoming a danger both to the country and to its own people." What "unrest" and "danger" is he referring to? There is no political violence or unrest in the KurdiMore…
Reuters — DUBAI, Oct 4 (Reuters) - The UAE's Crescent Petroleum and affiliate Dana Gas DANA.AD have begun supplying gas in Iraq's Kurdistan region after completing the first stage of a $650 million project, the companies said in a statement on Saturday.
Gas was flowing at 75 million cubic feet per day (cfd) from the revamped Khor Mor field and supply will rise to 300 million cfd in the first half of 2009More…