Kurdistan Sectors

List of all articles filed under “kurdistan-sectors” category.

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.

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.

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.

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.

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