The Saudi Press Agency, the kingdom’s official news agency, reported today that a draft law calling for the creation of a separate sovereign wealth fund will be debated by the consultative Majlis Al-Shoura on 9-10 June. The move represents a…
Day: June 7, 2014
KRG adamant about oil and government income sharing
The Kurdistan Regional Government (KRG) which controls the three northern Iraqi provinces of Dohuk, Erbil and Sulaimaniyah remains adamant it will continue to export crude oil independently despite objections from Iraq’s central government. The future of the KRG oil and…
MEED Kurdistan projects conference opens in Erbil amid oil export controversy
MEED’s third annual Kurdistan Projects conference opens in Erbil on Sunday amid hopes that Iraqi Kurdistan’s economy is entering a period of unprecedented expansion. At total of 60 speakers representing government and business in the Kurdistan region of Iraq plus…