Kuwait Food Company Americana Group and TGI Fridays will enhance their partnership with a new agreement for Americana to open 35 new Fridays restaurants over the next five years. This agreement will give Americana a total of 90 Fridays ...
Tags: quick service restaurants, Kuwait Food Company, Agriculture
The volume of crude from the northern Iraq region of Kurdistan being held in tanks at Turkey's Mediterranean oil hub of Ceyhan has reached 1 million barrels, Turkish energy minister Taner Yildiz told reporters Wednesday in a press ...
A consortium in partnership with Qemmet El-Iraq will overhaul and manage the 2 MTPA Muthanna Cement Plant in Muthanna Governorate on 14-year contract. A consortium of ASEC Cement, a portfolio company of ASEC Holding, and Iraq s Qemmet ...
Tags: ASEC Cement, Iraqi Market
Wool & Silk is excited to be exhibiting in October at The New York International Carpet Show (NYICS) for the fourth year in a row. In addition to winning the Best Modern Design award at Domotex in 2012, Wool & Silk also won two awards at ...
Germany’s Federal Minister of Transport, Building, and Urban Development, Peter Ramsauer, led a business delegation to Erbil to meet Kurdistan Regional Government officials and participate in the first Germany-Kurdistan Region ...
Tags: Building, Urban Development, Economic Forum
The UK’s leading trade association for oil and gas supplies and services on Thursday concluded its first mission to the Kurdistan Region. Dr Ashti Hawrami, the Kurdistan Regional Government’s Minister of Natural Resources, met ...
Tags: KRG, Hawrami, UK Energy Delegation
Atlasjet Airlines has confirmed further details of its plans to launch new subsidiaries in Iraq and South Sudan later this year. According to the managing director of Zagros Air (Iraq), Can Akcay, Atlasjet’s joint venture carrier ...
Tags: Atlasjet Airlines, new subsidiaries, Iraq
An international jury at the Emerging Markets Airport Show in Dubai has voted Erbil International Airport the best airport amongst emerging market airports with less than five million passengers per annum, across Africa, the Middle East and ...
Tags: Emerging Markets Airport Show, Dubai, Erbil International Airport
Qatar Airways has introduced its latest gateway in the Republic of Iraq with the launch of scheduled flights to the central city of Najaf. Following its move into Iraq six months ago with the start of flights to both the capital Baghdad ...
Tags: Qatar Airways, gateway, Iraq
Underlining its commitment to help strengthen Iraq’s energy infrastructure, GE Oil & Gas has established a new technology and service center near Basra City. The facility, which was opened earlier this month, brings the latest GE ...
Tags: Oil Production, GE, Oil, Gas
Bulgaria’s Minister of Foreign Affairs, Nikolay Mladenov (pictured), has opened a new Bulgarian Embassy in Baghdad. The Minister’s Chief of Staff, Valeri Rachev, has been appointed Ambassador in Baghdad on a temporary basis ...
Tags: Bulgaria, Minister of Foreign Affairs, Nikolay Mladenov
Prime Minister Nouri al-Maliki held talks with ExxonMobil chief Rex Tillerson (pictured) on Monday. AFP reports that the meeting was the first between the two since the firm signed an oil exploration agreement with Kurdistan in October ...
Tags: Maliki, Exxon Boss, Rex Tillerson, oil exploration agreement
In 2012, 947,600 passengers used Erbil’s new International Airport, a 53% increase on the previous year, whilst cargo tonnage also increased dramatically, with a 54% increase to 27,849 tonnes per annum. The 2012 passenger count ...
Tags: Erbil, International Airport, 2012
President of Iraqi Kurdistan, Masoud Barzani, hosted foreign diplomats and representatives of international organizations based in Erbil last week to discuss the latest political and economic developments in Kurdistan and in Iraq and to ...
By Omar al-Shaher, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Privately held Iraqi banks have almost entirely relinquished their traditional functions ...
Tags: Questions, Private Banks, Iraq