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Top News In Erbil News Today - Breaking & Trending Today

More Details of New Dam in Erbil | Iraq Business News

By John Lee. The Kurdistan Regional Government (KRG) has issued details of the Goma Span Dam, which is currently under construction in Erbil. With an area of 6.125 million square meters, it will be the biggest dam in Erbil province when completed, and the third largest in the Kurdistan Region after the Dukan and Darbandikhan ....

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Fitch Rates Iraq's RTB Bank 'CCC+' | Iraq Business News

By John Lee. Fitch Ratings has assigned Erbil's Region Trade Bank for Investment and Finance Private Shareholding (RTB) a Long-Term Issuer Default Rating (IDR) of 'CCC+', and Viability Rating (VR) at 'ccc+'. It says the rating reflects the bank's, "limited franchise, unstable business model, volatile and concentrated customer deposit base and weak albeit improving profitability." ....

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Work Starts at Chinese Solar Plant in Erbil | Iraq Business News

By John Lee. KRG Prime Minister Masrour Barzani has laid the foundation stone at the first solar power plant in Erbil province. The 25-MW plant is being developed by a consortium consisting of Pluto Otto Cycle and Chinese companies Getting International Energy (which also has interests in neighbouring Jordan) and Shenglong Electric. The deal to ....

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KRG to build Housing Units for Low-Income Earners

Dr. Mohammad Shukri Mohammad Saeed, head of the Kurdistan Region Investment Board, has made an announcement regarding housing units for low-income earners, stating that they will be ready for occupancy by the middle of next year. During an interview with the official website of the Kurdistan Regional Government, Dr. Saeed shed light on the lengthy ....

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Erbil Start-Up Midient raises $125,000 | Iraq Business News

By John Lee. Erbil-based start-up Midient has reportedly received a "pre-seed round" investment of $115,000 from regional accelerator Flat6Labs for its loyalty program product Kurdivia. According to Iraqi Innovators, the company was co-founded by Ahmed Jamal, Mohammed Shahoyi, and Omer Sabah. It was also picked for a $10,000 pilot investment by Canadian venture fund Loyal ....

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