Daily Newsletter
[27th of March/2013]
Kurdistan Region News
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Exxon to invest additional US$50 million in Kurdistan Region of Iraq oilfield
(ExxonMobil has allocated US$1.65bn to develop the Kurdistan Region of Iraq’s West Qurna 1
oilfield in 2013, marking a rise of US$50mn on the amount it allocated in 2012
In line with regional government’s contract terms, oil companies were expected to submit a work
plan, including development budget to the Kurdistan Region of Iraq's Oil Ministry.)
For the full article, please click here
Industry in Erbil
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Iraq Car Market Ripe for Rapid Expansion
(Western cars were banned in Iraq under Saddam Hussein. The country was flooded with VW Passats
that were shipped from Brazil between 1983 and 1990 in exchange for oil. Even now, cars up to 30
years old, including these Passats can still be seen on the roads, and car ownership is tiny at only 1 in
20.)
For the full article, please click here
Healthcare in Kurdistan
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Kurd Rebel Leader Orders Fighters To Halt Hostilities
(Jailed Kurdish rebel leader Abdullah Ocalan ordered his fighters on Thursday to cease fire and
withdraw from Turkish soil as a step to ending a conflict that has killed 40,000 people, riven the
country and battered its economy. By Ayla Jean Yackley.)
For the full article, please click here
Tourism in Kurdistan
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Hilton to manage new DoubleTree in Kurdistan
(Hilton Worldwide has signed an agreement with Kurdonia Company for Tourism & Hospitality
towards managing a new DoubleTree hotel in the city of Sulaymaniyah in Iraq’s semi-autonomous
region of Kurdistan.)
For the full article, please click here
Tourism in Erbil
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Georgia Becomes a Tourist Destination for Iraqis
(In a move that emphasizes the South Caucasus country's emerging ties with the Middle East,
Georgia’s largest carrier, Airzena Georgian Airways, has launched direct flights to Erbil, capital of
the autonomous northern region of Kurdistan in Iraq.)
For the full article, please click here
Daily Newsletter
[26th of March/2013]
Kurdistan Region News
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Dana Gas and Crescent Petroleum invests Dh3.67 billion in Kurdistan
(Dana Gas PJSC and Crescent Petroleum in their capacity as joint operators, have announced that the
total investment on behalf of the partners in gas operations in the Kurdistan Region of Iraq has
exceeded $1 billion (Dh3.67 billion). Total cumulative petroleum production from inception to date
has now reached 79 million barrels of oil equivalent from continuous production from the Kor Mor
field for the past four and a half years, making it the largest investment and highest level of
cumulative production achieved by private companies in Iraq’s oil and gas sector.)
For the full article, please click here
Erbil News
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Krystelle Bamford on the Erbil Literature Festival in Iraq
(‘IRAQ?” friends repeated, eyebrows raised, as if hoping my American accent had mangled the
Gaelic name of some lovely Highland town. “Well,” I’d say, “Erbil … Kurdistan, really.” This
seemed to put their minds at ease, if only because they weren’t entirely sure where it was.)
For the full article, please click here
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Iraqi Kurdistan: Prosperous Time For Erbil
(In the troubled security and political landscape of Iraq, the autonomous northern province of
Kurdistan has emerged in the past 10 years as an inspiring success story, yet still dreaming about
independence. Below is an article published by BBC News: The region's progress is on full display in
its capital city of Irbil, some 400km (249 miles) north of Baghdad. Iraqi Kurds, roughly estimated at
five million, have stunningly rebuilt a dirt-poor and traumatised society from scratch since they
gained their autonomy in 1991. Irbil is unmatched by any other city in post-Saddam Iraq and is
prospering like no other part of the country.)
For the full article, please click here
Economy of Kurdistan
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Booming Economy in Kurdistan Transforms Region into Business Hub
(Correspondent Kate Parkinson reports on the booming economy of Kurdistan where trade is
transforming the area into regional business hub.)
For the full article, please click here
Oil and Gas in Kurdistan
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Kurdistan to raise Genel and Gulf Keystone's profiles
(Iraq relies heavily on oil for its national revenue, with an estimated 95% of its budget funds coming
from hydrocarbons. However, the country has been plagued by a feud between the south, represented
by Baghdad, and the north, led by the semi-autonomous Kurdistan Regional Government (KRG.)
For the full article, please click here
Tourism in Kurdistan
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Iraq 10 years on: Good times in Kurdish Irbil
(In the troubled security and political landscape of Iraq, the autonomous northern province of
Kurdistan has emerged in the past 10 years as an inspiring success story.)
For the full article, please click here
Healthcare in Kurdistan
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New era dawns in Turkey for embattled Kurds: Siddiqui
(“I shall persist with the peace initiative even if costs me my political career. I’d drink hemlock
poison to end the hostilities,” said the prime minister.)
For the full article, please click here