Daily Newsletter
[5th of July/2013]
Kurdistan Region News
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Massoud Barzani is the only President for Kurdistan Right Now
(The current political divide in the Kurdish Parliament has the potential to cause tension and
instability in the Kurdistan region. This is why the most appropriate mechanism to squelch these
issues, and preserve stability and security in the region, is to extend the presidency of Massoud
Barzani. He is the most suitable candidate for the position, because he is a historic Kurdish
personality and the respect he garners could be a binding factor for Kurdish society.)
For the full article, please click here
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Kurdistan Parliament Extends Barzani Presidency, Opposition Enraged
(After weeks of heated political debate, the Kurdistan Region’s parliament decided on Sunday in a
majority vote to extend Massoud Barzani’s term as president for another two years. The decision
angered opposition MPs who broke up the session, jeered and whistled in protest and damaged
property inside the hall.)
For the full article, please click here
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Kurdish region no longer possesses a legal president
(While President Masoud Barzani was in a meeting with the French President François Hollande,
discussing the Kurdistan Region’s booming economy and democracy, his Kurdistan Democratic
Party was in another meeting with Jalal Talabani’s party, Patriotic Union of Kurdistan, breaching the
laws and violating the most basic principles of democracy in their effort to extend Barzani’s
incumbent term for another two years. However, a surprising development occurred when a few of
the PUK’s Politburo members and the KDP agreed, in a clandestine meeting, to postpone extending
Barzani’s term until August 19, 2015, and to extend the Parliament’s term to be continued till
November 1, 2013.)
For the full article, please click here
Erbil News
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Celebrity Maya Diab inaugurates Sony World new branch in Erbil, Kurdistan
(Headquartered in Erbil, Baghdad and Basra, Sony World announces the opening of its new branch in
Erbil, Kurdistan at Royall Mall. The inauguration happened in the presence of celebrity Lebanese
singer and TV presenter Maya Diab alongside Sony Middle East & Sony Iraq CEOs, as well as high
profile Japanese Sony executives.
One day before the opening, a dinner was held at the Erbil Rotana Hotel for all Sony World
executives and top managers in Iraq. During the event, Maya Diab enticed the presence with a short
but amazing performance where she sang her latest songs.)
For the full article, please click here
Oil and Gas in Erbil
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Falcon Group: Diversification Key to Market Leadership in Iraq
(One of the largest business firms operating in the autonomous region of Kurdistan, and indeed,
throughout Iraq, is the multifaceted Falcon Group.
Founded in 2003, the year of Saddam Hussein's overthrow, the Falcon conglomerate offers a range of
services; including the large Falcon Construction unit; Falcon Oil & Gas, Falcon Batch Plant, a
concrete manufacturer; and Falcon Security; a growing executive protection firm.)
For the full article, please click here
Economy of Kurdistan
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KRG forces Baghdad with Turkey pipeline
(Sparks fly as workmen weld together a pipeline set to carry crude from the self-ruled Kurdistan
region of Iraq to Turkey, defying the central government and shifting the energy balance of power in
the region. 600 km away, Iraqi officials in Baghdad’s heavily fortified oil ministry are threatening
dire consequences if the pipeline is completed, but appear powerless to prevent the Kurds exporting
oil without their consent.)
For the full article, please click here
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Reversing immigrant tide: more iraqi kurdish return home, than leave
(The economic crisis in Europe, combined with improving economics and security in Iraqi Kurdistan,
is seeing former refugees and other migrants come back home. But are these factors also stopping the
region's dreaded brain drain and its youth from leaving?
Only eight years ago it was Hazar's dream to be able to immigrate to Europe. To him, the West was a
secure and imaginable heaven. Using people smugglers, and travelling a dangerous route, the young
Iraqi Kurdish man managed to make his way to France. Which is why it seems all the more strange
that after eight years in “heaven”, Hazar is now returning to a place he once thought was hell.)
For the full article, please click here
Industry in Kurdistan
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Dutch Firm Says Kurdistan Can Build Better and Cheaper Roads
(Better soil may be the solution for more durable roads and highways in Kurdistan, according to a
Dutch company that wants to introduce a new technology to the autonomous Iraqi region.
Representatives from Netherlands-based Terra Stab met with the Kurdistan Regional Government
(KRG) recently to discuss how a new technique, known as “soil stabilization,” could solve a big
problem: building a large network of roads that can last, despite the wear-and-tear from large
truckloads and cargo.)
For the full article, please click here
Daily Newsletter
[2nd of July/2013]
Kurdistan Region News
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Iraqi Kurdistan pressures Baghdad with Turkey oil pipeline push
(Sparks fly as workmen weld together a pipeline set to carry crude from the self-ruled Kurdistan
region of Iraq to Turkey, defying the central government and shifting the energy balance of power in
the region. Some 600 kilometers away, Iraqi officials in Baghdad’s heavily fortified oil ministry are
threatening dire consequences if the pipeline is completed, but appear powerless to prevent the Kurds
exporting oil without their consent.)
For the full article, please click here
Economy of Kurdistan
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Hawrami: Kurdistan-Turkey Pipeline to finish in three months
(Speaking at the Iraq Energy Conference in London, Dr. Ashti Hawrami, the Natural Resources
Minister of the Kurdistan Regional Government (KRG), announced on Wednesday 19 June 2013 that
the project to extend an oil pipeline from the Kurdistan Region to Turkey will be completed by the
end of September this year.)
For the full article, please click here
Industry in Kurdistan
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Iraq: Chevron & Total expand Kurdish drilling
(Iraq's Kurds have consolidated their growing energy sector with Chevron Corp securing a third
exploration block in the semi-autonomous northern region and France's Total buying a majority stake
in another.)
For the full article, please click here
Tourism in Kurdistan
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Government to offer tourism loan
(The Higher Tourism Board of the Kurdistan Regional Government (KRG), announced that the KRG
Ministry of Finance has finalized the regulations and procedures for tourism loans.)
For the full article, please click here