List of all articles filed under “kurdistan-sector-analysis” category.
Kurdistan Sector Analysis
Iraqi Banking Sector to grow with the Economy — 151 percent between 2011 to 2020
As Iraq finds itself soon midway through 2014, the banking sector has grown markedly in the previous year term, with established names getting larger and new names entering the field.
Autonomous Kurdistan has found itself with a comparative advantage in the telecoms department, with defacto faster Internet connections and consistent mobile service compared to the rest of federal Iraq.
In a region of nearly five million citizens and hundreds of new business operations, banking experts refer to autonomous Kurdistan as “underbanked” and thus see opportunity in opening branches there or creating entirely new banks.
As for Halal banking (Islamic Banking and Finance), We see prospectus for emergence and growth of Islamic finance and banking in Kurdistan in as much as the state is part of the larger Muslim MENA countries.
Korek is a big player in Iraq now, “we have nationwide coverage. We increased our market share by 4 percent in less than a year: we moved from 11 to 15.7 percent.”
For Nozad Dawood Fattah Al-Jaff, chairman of North bank, the goal is to be not only the largest bank in Iraq, but to be recognized as a strong regional player as well.
Newroz Telecom is building a high-speed broadband ADSL network in Erbil and Dohuk and laying more than 1,500 kilometers of fiber-optic cable, according to the Newroz Telecom website.
Among the small but growing band of investors in the Iraq Stock Exchange (ISX), the question most asked is whether 2013 will mark the start of a new bull market.
Investing in the agriculture sector is of continuing interest to the KRG, for reasons practical – becoming food self-sufficient- and also for reasons historical and cultural.
Imagine it is 2005 and the Internet penetration rate of Kurdistan (KRG) is near to zero, the only telecom was the government monopoly entity with aging exchanges and no fiber optics.
