Interviews

imported 2024-03-17 17:43:07

Portrait of Libyan Businessman: The Interview with Mohamed Raied

Mohamed Raied, Chairman of Al-Naseem Food Industries
“Everyone knows it was difficult for 40 years, especially difficult for the private sector in Libya. I had started with a food stuff trade in 1989 on a small scale with one shop in Misrata, then had an ice cream factory in 1993 and first I had only a basic ice cream machine that would produce 2,000 pieces/cups,” recalls Mohamed Raied. Today, Al Naseem is trying to be number one in Libya in producing dairy products.

Libyan Investments: Latest Analysis of Investments in Libya

Khaled Al Bakory, CEO of Privatization and Investment Board (PIB)
Most of companies from all over the world are concentrating on investments in the oil sector of Libya. However, the country has, according to Al Bakory, other attractive investment opportunities, particularly in the health and transportation sector. The aim of Privatization & Investment Board of Libya has been to attract variety of investment projects, including tourism and transportation.

Healthcare Sector in Iraqi Kurdistan Recording Double Digit Growth

A revival of the health care sector in Iraqi Kurdistan happened 6 or 7 years ago. Healthcare facilities in Erbil, including private hospitals, experienced an increased demand as, due to security concerns in Iraq, more and more patients from different regions of Iraq started to come for treatment. In that time, Zozik Group opened its Soran Hospital. At present, Soran Hospital has 50 beds, 6 operation rooms, an IVF section, and all the other specializations except for the open heart operations and brain surgeries.

$25 Billion Spent on Development of Erbil Governorate Between 2004-2012

$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.

Erbil Stock Exchange: Mapping the Development of Capital Markets in Iraqi Kurdistan

The idea of establishing a stock exchange in Iraqi Kurdistan dates back to 2007. Erbil Stock Exchange recently signed a new agreement with Nasdaq Omex, which will substantially facilitate companies participation whether they are local or foreign. All companies in Iraq, not only those in Erbil or other parts of Iraqi Kurdistan, will have the opportunity to be enlisted on Erbil Stock Exchange.

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