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Turkish Albaraka Bank Opens Branch in Erbil

Despite severe crises between Turkey and Iraqi Kurdistan in the past, relations between the two have improved dramatically in recent years. Turkey now has a consulate in the Kurdistan Region and its businesses have dominated the region’s market.
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Erbil Auto Show Sells Most Expensive Car in Kurdistan

“People have good information about our cars and, just as at other auto shows, people wanted to take pictures with us,”...
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International Crisis Group’s In Pursuit of Peace Award 2011

International Crisis Group’s In Pursuit of Peace Award 2011/ New York . Rudaw columnist Namo Abdulla attended the ceremony and produced this video. You can read his column @http://www.rudaw.net/english/science/op-ed-contributors/4241.html ...
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Erbil Firm Promotes Iraq’s Stock Market, Investments

“We are opening the office to serve the investors in Erbil.”...
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Kurdistan Says Its Gas Can Quench Nabucco Pipeline for 100 Years

Kurdistan's Minister of Natural Resources says the semiautonomous region has massive natural gas reserves, which could supply the needs of the projected Nabucco pipeline for at least 100 years....
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Korek Telecom Denies Belonging to KDP

Korek Telecom’s managing director denies allegations that his company belongs to the KDP and has revealed that he is one of the company’s four shareholders....
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Golden Era for Iraqi Kurdistan

More than 23 tons of gold were brought into Iraqi Kurdistan last year through the regional capital’s airport alone, according to the government, and economics observers say this is an indication of the improving socioeconomic status of the people in the semiautonomous region....
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Kurdistan’s Gets $9.5 Billion In Iraqi Budget

Iraq’s parliament passed the country’s budget for 2011 in late February, amounting to 96.6 trillion Iraqi dinars, approximately US$81.5 billion. Almost US$9.5 billion of this will go to the Kurdistan region....
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At Last, Kurdistan's Oil Flows

Oil finally started to flow again from Iraqi Kurdistan Thursday, after an agreement was reached between Baghdad and the semiautonomous region. Some experts believe this “big step” will pull the world’s biggest oil companies to Kurdistan....
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Erbil Bank Manager Arrested Over Missing US$2.14 million

Both the former general manager and the chief accountant of the Federal Bank in Iraqi Kurdistan’s capital, Erbil, have been arrested for allegedly embezzling 2.5 billion Iraqi dinars (US$2.14 million) worth of bank funds....
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