Doing Business with Iraqi Companies
Jorge Eduardo Baldi, Exploration Manager at Repsol shares his insights into doing business in Iraqi Kurdistan and especially dealing with Iraqi and Kurdish companies.
List of all articles filed under “kurdistan-topics” category.
Jorge Eduardo Baldi, Exploration Manager at Repsol shares his insights into doing business in Iraqi Kurdistan and especially dealing with Iraqi and Kurdish companies.
Falcon Security was established in 2003 as one of the first companies to be registered not only in Iraq but also as a local company. Falcon Security, a part of Falcon Group, is currently employing 540 local people and about 75 expats. Their main business is in the oil service; providing security services for the executives and employees as they move back and forth to the oil fields. Falcon Security operates all over Iraq; from Basra to Baghdad to Kirkuk to Erbil.
Repsol is an international oil company (originally from Spain) that has been working in Kurdistan since mid-2011. Repsol has ongoing explorations in two blocks in the region and hopes to follow the success route of oil discoveries in Iraqi Kurdistan.
$25 billion had been spent on the development of the Erbil governorate in between 2004 and 2012, resulting in profound changes in different sectors, including construction and infrastructure, which predisposed Erbil to become an important trade center not only for Iraqi Kurdistan but for all of Iraq; thus becoming, for some, the economic capital of Iraq. Accommodating 37 nationalities and 27 consulates, Erbil boasts with an unemployment rate of about 5% and was named the tourism capital of 2014.
Kurdistan Top Stories
Falcon Security: Professional Security Services in Iraq
Licensed by the Iraqi Minister of Interior and the KRG, and with offices and operations centers in Baghdad, Basra, Erbil, Kirkuk, Dohuk and Sulaymaniyah, Falcon Security is in a strategic position to provide professional security services anywhere in Iraq.
Autonomous Kurdistan has found itself with a comparative advantage in the telecoms department, with defacto faster Internet connections and consistent mobile service compared to the rest of federal Iraq.
Saad Hassan, Vice Chairman of Qaiwan Group of Companies, one of the major diversified companies headquartered in Sulaymaniyah with an annual turnover of US$ 3 bn, talks about the biggest challenge for companies when doing business in Iraq and Iraqi Kurdistan.
Saad Hassan, Vice Chairman of Qaiwan Group of Companies, an operator of the Bazian Refinery near Sulaymaniyah, talks about the expansion plans and the strategy.
Azad Mustafa Hussain, Vice-Chairman of Mass Global Investment Company chalks out the growth of the group that is responsible for 22 hour electricity supply in Iraqi Kurdistan and is the largest power-industrial conglomerate in Iraqi Kurdistan.
Ibrahim Al-Sofy, General & Executive Manager of Al-Sofy Group of Companies talks about Iraqi Kurdistan, the retail and agriculture sector and business environment.