Erbil Chamber of Commerce: Secrets of Doing Business in Kurdistan
The cabinet has set the budget for 2013 and it exceeds US $130 billion. We know that our region will receive a 17% share of the budget, minus the sovereign expenses.
Iraq’s Capital Markets | An Overview by Rabee Securities
Many investors come to Iraq and ask what they shall invest in while a better question would be what they should not invest in because Iraq is a vast land of investment opportunities. It nevertheless remains difficult to invest in Iraq as it is a very difficult place to operate in; a war-torn country where the financial knowledge equals almost to zero.
Banking in Iraq: 2013
Cash is today the safest method both in Iraq and Kurdistan. North Bank is therefore trying to gain the trust of all people – individuals and businesses – through various services including internationally-used credit cards or car loans. Another issue to resolve is the lack of skilled and experienced staff in the whole of Iraq – a result of the 23 years embargo in Iraq.
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.
Arab Idol 2013: First Time in Iraq at Tangram Hotel
November 2012 was the first time Arab Idol – the leading entertainment show in the Arab world – came to the Kurdistan region of Iraq to cover the country and find new pop-stars. What were the first experiences of the team and why is Arab Idol certainly coming back to Kurdistan next year?
Road Construction in Kurdistan: Senk Group
Kurdistan is a baby tiger growing in the mountains of the Middle East and it is the second fastest growing region in the world according to the World Bank. Mr. Zedbagi explicitly comments on what more should be done to improve the overall business climate in the Kurdistan Region. He also decribes the process of road construction within the Region and what makes Senk Group an ideal investment partner in Kurdistan.
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.
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.
Doing Business in KurdistanKurdistan ConstructionKurdistan Real EstateKurdistan Real Estate Interviews
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.
Banking in Iraq: North Bank’s Views of Banking in 2013
Cash is today the safest method both in Iraq and Kurdistan. North Bank therefore is trying to gain the trust of all people – individuals and businesses – through various services including internationally-used credit cards or car loans. Another issue to resolve is the lack of skilled and experienced staff in the whole of Iraq – a result of the 23 years embargo in Iraq.