Kurdistan Region “Safe and Secure for Investment”


The Prime Minister of Iraqi Kurdistan has said the Region is safe and secure for investment, and encouraged foreign businesses to return to Kurdistan after the defeat of the so-called Islamic State (IS, ISIS, ISIL, Daesh) terror organization.

Speaking at the opening ceremony of a new five-star hotel in Erbil, Nechirvan Barzani said:

“Lebanese investors of this project, which cost $40 million, have proved that despite all the challenges and difficulties facing the region, Kurdistan is still a safe and trusted place for investors and businesses.

“Also their confidence and understanding that the Kurdistan Region is stepping towards a brighter and better future and it is considered a good destination for investment in the region.”

He added that the Kurdistan Regional Government is ready to offer assistance to investors who are interested in the Kurdistan Region.

Our government wants investors and businesses to focus on agriculture, tourism and industry in particular,” he said. “These three sectors, which have a good opportunity in the Kurdistan Region, are important part of the government reform plan in order to increase our income and move us gradually away oil dependency.

(Source: KRG)




Iraq to Loosen Purse Strings?


By John Lee.

A new report from the International Monetary Fund (IMF) predicts more government spending in the current year.

In its Regional Economic Outlook for the Middle East, the IMF says:

“In Iraq, the fiscal stance is expected to loosen somewhat as the receipt of previously delayed donor financing relaxes the cash constraint faced in 2016.”

The full report can be viewed here.

(Source: IMF)


Krdstan..ajrae separation referendum next August



Since 05/04/2017 10:51 pm (Baghdad time)

Baghdad balances News

He favored adviser to the President of the Kurdistan region, Mohammed Haji, on Thursday, a referendum of separation during the month of August next.

Haji said in a press statement, “The committee was formed on the issue of a referendum involving all political parties except the movement of change,” he said. “All parties identified representatives of the Referendum Commission, other than the change movement, which did not specify its representative to the Committee.”

He added, “All weights show that the referendum will be this year,” likely “to hold the referendum in the Kurdistan region during the month of August, a future.”

The Iraq and neighboring countries against the referendum in the Kurdistan region, while stressing the provincial government that the referendum is a legitimate right of the people of Kurdistan, similar to the peoples of the world.

Said Massoud Barzani, president of the region in a press statement recently, it’s time to start separation and stay with Iraq is not possible, he said. “We will be good neighbors of Iraq” .anthy 29 / d 24



Liberation of Entire Sinjar More Important than Hawija: Peshmerga Official


Liberation of Entire Sinjar More Important than Hawija: Peshmerga Official


ERBIL — All the Kurdish territories have been liberated from the Islamic State (IS) except a few areas in southern Sinjar district, said a senior Peshmerga official.

Deputy of Peshmerga Forces’ Chief of Staff, Salar Mohamed Jabari, told BasNews that the eastern half of Mosul has been completely liberated from the IS militants and only 25 percent of the western part of the city remains in the hands of the extremist group.

He stated the Peshmerga forces are still holding the front lines in some areas particularly in southern Kirkuk province, namely Hawija district as well as some areas in southern Sinjar town.

“We prefer to liberate the entire Sinjar before Hawija,” said the official, explaining that the liberation of entire Sinjar district will completely split the Iraq-Syria border route used by the IS militants, therefore, it is of greater significance to fully control Sinjar before Hawija.




Hakim calls for security leaders to present a plan and a specific time to resolve the battle of terrorism


History of edits:: 2017/5/3 18:36179 times readable
[Where – Baghdad]
called on the head of the National Alliance Ammar al – Hakim, on Wednesday, to provide honest and clear which determines the elimination of terrorist gangs Daesh time plan.
He said al – Hakim , in his speech during the celebration of the three satellites for the people of the house [peace be upon them] pursued by all of Iraq [where] that “our battle with terrorism must be resolved this time categorically and security leaders to provide a clear plan at a specified time to eliminate the security excesses in the capital and some provinces “noting that” thanks to God and discourage the people of Iraq was liberated most of those who care about neighborhoods in the city of Mosul , humpback and we are proud of our heroes in the armed forces who have proved to the world that Iraq is a fierce fighter whenever he had the right leadership and effective planning. ”
He noted that “we are fighting to bring peace and to promote good and to devote coexistence between citizens and the reconstruction of the country and prosperity, and our mission in this battle a message of life, hope and a bright future for the homeland and the citizen , ” asserting that ” the advisory opinion of the religious authority in Ulkipaia Jihad have contributed to transform the battle of sectarian battle as stolons the terrorists, a national battle to eliminate sectarianism and racism and entrench national unity and unite the Iraqi people in this confrontation. ”
He added that ” the popular crowd is a legitimate child of this holy fatwa where the line epics along the other of our armed forces heroine titles, bringing the ordeal turned into a grant and the challenge into an opportunity, and we are at the doorstep of this anniversary , we call on the media and researchers to document this great humanitarian dimension of the fatwa Ulkipaia Jihad and took testimonies of displaced people and all citizens in the liberated areas who viewed those tournaments and sacrifices in order to liberate them and who have been providing the service and care for them. ”
He said , “The recycling security sites is a strategic necessity and can not protect the homeland and the citizen the same mentality that has remained leading their positions for a long time”, calling for ” a review of the performance and evaluation of leadership and ensure its ability to meet the security challenges in the next stage, the more closer to the military victory whenever for so new plans and procedures to control security inside cities and will seek to compensate terrorism defeat to harm civilians and targeting them indiscriminately. ”
He explained that “Iraq is an independent, sovereign and foreign relations are an Iraqi decision sincere and does not need to tutelage from one region boil over low internal problems of all countries state so everyone advise you to pay attention to the internal own affairs instead of interfering in Iraqi affairs.”
However , that “young people who are fighting on the fronts, and young people who Imlye university halls of political and young actor are a great tool for nation – building and reconstruction and prosperity and change its tracks for the better.”
He stressed that “our battle with corruption is not less than the sanctity of our fight with terrorism , but corruption is more dangerous than terrorism because it is an internal enemy which is eating away at the body of the state and the conscience of the people and their legitimate duty and moral and national to stop the excesses of public money at any price.”
He said that “next year in Iraq , there are a lot of events and variables , and we need a tough, bold and decisive decisions and we have to be as assigned to us the responsibility to lead this country to the shore of safety,” adding that ” the events of the region overlapping and that the meeting was held at the summit level between the countries axis in the region of Iran, Saudi Arabia, Turkey, Egypt and Iraq] has become an urgent need to rearrange things and stop the bleeding. ”