Real-Estate Sector in Kurdistan: Low-Risk High-Return
Exclusive interview with Peshraw Majid Agha, Chairman of Empire World and Falcon Group.
List of all articles filed under “kurdistan-videos” category.
Exclusive interview with Peshraw Majid Agha, Chairman of Empire World and Falcon Group.
Exclusive interview with Peshraw Majid Agha, Chairman of Empire World and Falcon Group.
Two years ago an ISP or a data company had always had a disadvantage in comparison to a 2G mobile company, as the latter always had an upper hand because the voice application was more popular.
The Internet penetration rate in Iraqi Kurdistan is a subject to controversy. Kawa A. Junad, CEO of Newroz Telecom, the largest and leading Internet provider in Kurdistan, believes that the penetration rate is around 7% in Kurdistan and 1% in the greater Iraq.
Newroz Telecom had a plan to position Iraq on the global map by building data transfer infrastructure that would have connected the East to the West with a data hub in Baghdad, which would have competed with traditional sub-marine cables going throught the Suez Canal.
Newroz group is a regional telecom group. Allai Newroz Telecom is a shareholding company with local and international investors. Furthermore, Newroz Telecom holds shares in other companies and projects.
According to the Iraqi constitution, Iraqi Kurdistan’s Ministry of Communication has a right to issue numerous licenses.
The role of the private sector in Iraqi Kurdistan is gaining momentum. Since 2005 the KRG changed it’s attitude towards the private sector and now perceives the private sector to be an important part of the economic development of the region.
Kawa A. Junad discusses the future of the Internet in Iraq’s Kurdistan. According to Junad, Kurdistan will become a hub for new technologies and the deployment of 4G LTE will enable further development of ICT.
Kawa A. Junad, CEO of the largest Internet service provider in Iraqi Kurdistan, which boasts 85% market share, argues that Newroz Telecom has been playing a key role in reducing the Internet prices by connecting Kurdistan to Turkey via a fiber optic cable.