Iraq has signed a landmark deal with the Gulf Cooperation Council (GCC) for a power line to import 500 megawatts of electricity by 2020, local reports said on Sunday.

According to the Iraqi Electricity Ministry, the 300-kilometre line will run from Kuwait to Iraq’s southern port of Faw and be financed by the GCC.

Electricity Minister Lo’ai Al-Khatteeb signed"...

ERBIL - Kurdistan Region Prime Minister Masrour Barzani received on Monday a delegation of lawmakers from Lebanon for talks on relations between Erbil and Beirut.

During the meeting, they shed light on the commercial ties between the Erbil and Beirut.

'I’m pleased to have received Lebanese parliamentary delegation led by @TeymourJoumblat — We discussed"...

SULAIMANI — Lawmakers are set to consider changes to the Kurdistan Parliament’s by-laws and committee structure.

Changes are being sought by the governing parties to sixteen of the 126 articles that make up the rules and procedures for legislative action, according to a Parliamentary source who spoke to NRT Digital Media on Sunday (September 15).

The most important"...

SULAIMANI — The Kurdistan Regional Government’s (KRG) Ministry of Interior explained on Monday (September 16) a directive they made to disburse 750 million IQD for a film festival in Duhok.

In the statement, the ministry said that “governorates make requests through the Ministry of Interior to other ministries. During the [previous] cabinet, the Duhok governorate asked for consent from the Ministry of Finance and the Minister of"...

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The We Company (the “Company”) has issued the following statement:

“The We Company is looking forward to our upcoming IPO, which we expect to be completed by the end of the year. We want to thank all of our employees, members and partners for their ongoing commitment.”

This communication does not constitute an offer to sell or the solicitation of an offer"...

ERBIL - The Kurdistan Region and Russia will sign a Memorandum of Understanding (MoU) on Monday to further strengthen the commercial ties between Erbil and Moscow.

The General Secretary of the Federation of the Chambers of Trade and Industry in the Kurdistan Region, Shivan Abdulrahman, explained in a statement that the MoU will be signed during an official ceremony in Moscow on Monday 'to promote economic ties between the two sides and draw"...

SULAIMANI — According to newly released documents, the Kurdistan Regional Government’s (KRG) Interior Ministry allocated 750 million Iraqi dinars for the 7th Duhok International Film Festival, which took place over the past week.

In a document sent to the governor of Duhok, KRG Interior Minister Rebar Ahmad signed off on the expenditure, an unusual disbursement of funds for the security-oriented ministry.

The"...

Anpario plc, a UK- based producer and distributor of natural animal feed additives, has attributed sales growth of 23 percent in the Middle East and Africa region on strong performances in Iraq, Israel and the United Arab Emirates, driven by sales of its Orego-Stim® and Mastercube, its pellet binder.

In its interim results for the six months to 30 June 2019, the company said:

“Turkey"...

Jefferies announced that today is the firm’s global trading day for Hurricane Dorian relief efforts in the Bahamas. Jefferies will offer investors around the world the opportunity to join efforts to assist those affected by the devastation of this event by trading with Jefferies.

As previously announced, Jefferies will donate all net trading commissions earned today from U.S., European and Asia equity, fixed income and foreign exchange trading."...