Ben Novak

Best Wine in Lebanon

The second largest winery in Lebanon Château Kefraya earned the highest wine grade in the history of Lebanese wines with its red Comte de M 2009 making it the best wine in Lebanon according to Robert Parker. 

Goran Net: Interview with Goran Net

Mr. Noori discusses various regulations that could facilitate their operation in the Kurdistan region of Iraq. These regulations include removal of every monopoly and privatization of land lines and cables. Also, there is a great need for a total review of all the 21 licenses issued by the Ministry of Communication. Nevertheless, the fiber-optic network in Kurdistan is witnessing a rapid expansion and progress at the moment.

Investor’s Viewpoint: “Iraqi Stocks” Investment Worth the Risk

Mark DeWeaver, Principal at Quantrarian Capital Management
Iraq is set to experience rapid economic growth due to several factors including enormous untapped, low-cost oil reserves, recovery from a civil war, a transition from a state-controlled economy to a market economy, and excess demand for almost everything. Whether compared to Russia in the early 90’s or to the story of the Chinese economy, Iraq, including the Kurdistan Region, is a powerful emerging market. Mr. DeWeaver views the case of Iraq as one in which the potential reward by far exceeds the risks.

Education in Kurdistan: Salahaddin University-Hawler

Dr. Mohammed R. Mochtar, Vice President for Administration and Finance Affairs at Salahaddin University-Hawler
Salahaddin University has a plan to reform its educational system and programs. A crucial part of this plan is to convince the private sector to make available and share their resources and so contribute to the reform of the educational system in the Kurdistan Region. Dr. Mochtar also stresses the importance of strong relations with other regional and international universities.

Electricity in Kurdistan: Power Distribution Projects

Iraq, including the Kurdistan Region, requires an enormous amount of materials which are currently still being shipped in or transported by trucks into the country. The country still represents only a workshop for installation – and it will remain so until there are new factories established which will cater for the local demand. Regarding the electricity consumption, the government is unable to anticipate the growth and thus is always behind the demand.

Kurdistan International Bank: Islamic Banking in Iraq

Bustam Al-Janabi, Managing Director (CEO) of Kurdistan International Bank
Kurdistan International Bank provides comprenehsive banking services since 2005. It is an investment-oriented institution based on Islamic banking. Kurdistan International Bank has doubled its profits when compared to last year and the same is expected to happen in 2013, says Mr. Al-Janabi.

ATCONZ: Housing Projects in Kurdistan

80% of the real estate investments in the Kurdistan Region are local. The prices of real estate are high as there is neither functioning mortgage system, nor an insurance to cover that. Atconz believes the real estate business in Kurdistan needs another 10 years to settle down at a sustainable level. Atconz is leading the real estate market in the Kurdistan Region in terms of quality.

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