Banks in Iraq | List of Top Banks in Iraq and Kurdistan
The two largest banks in Iraq is Trade Bank (Public) and North Bank (Private). View the latest list of the largest banks in Iraq.
Real-Estate Companies in Kurdistan | List of Top Kurdish Real-Estate
Real-estate sector in Iraq’s Kurdistan is the second most dynamic sector after oil and gas. According to figures from the Kurdistan Investment Board (KIB), since the passage of an investment law in 2006, around $20 billion has been invested in Kurdistan. More than half of that, or $11.1 billion, has gone into the housing sector, the other sources state that 51% of all capital investment in the Region has been in real estate (around $9.8 billion to date).
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Telecommunication Companies in Iraq & Kurdistan | Telecom List
Top Telecommunication Companies in Iraq & Kurdistan
Zain Iraq – 53% market share AsiaCell – 31% market share Korek Telecom – 15.7% market share
Introduction to the Telecom Sector in the Kurdistan Region of Iraq
penetration rate in the telecom sector stands around 75-78%, which is below penetration rates of the other Arab countries where it is 100% (for example 110% internet penetration rate in Saudi Arabia). The telecom sector experiences an exponential growth of 11.6%, where the penetration rate went in less than 7 years from 5% to 75%. The largest operator in the market is Zain with a 53% market share, followed by AsiaCell with a 31% market share and Korek Telecom with a 15.7% market share.
Kurdistan Oil Companies | List of Oil Companies in Kurdistan
Oil and gas reserves are undoubtedly the most important assets for Iraq’s Kurdistan. According to OPEC, Iraq’s resources of 143 billion barrels of crude oil and 126.7 trillion cubic feet of gas are the fourth largest in the world after Venezuela, Saudi Arabia and Iran. However, Iraq’s oil production is almost half that of Iran, meaning there is plenty of room for growth.
Kurdistan accounts for 43.7 billion barrels of proven oil reserves, 25.5 billion more barrels of unproven reserves and between 3 and 6 trillion cubic meters of gas (30% of Iraq’s proven oil reserves). If Kurdistan was a country, the amount of oil and gas reserves would place it among the top 10 oil rich countries in the world.
Kurdistan’s Largest Companies | List of Top Companies in Iraq’s Kurdistan
Marcopolis.net presents a list of the largest companies in the Kurdistan Region of Iraq. The emphasis is on local, mostly private sector companies. Most of the largest companies in Kurdistan are large diversified conglomerates with a mix of foreign and local capital.
Among the top 10 list are 2 telecom operators, 1 bank and 7 diversified conglomerates. Most of the labor force is employed in the public sector (more than 50%), thus the private sector in Kurdistan represents less than 50% of the economy. Due to lack of reliable data and statistics the main limitation of the list is that it does not provide the exact ranking from largest to smallest, rather it should be regarded as a general overview of the main players from different sectors of the economy in the Kurdistan Region of Iraq.
Investment Banking Collapse in Bahrain and the GCC
The main problem of the investment banking in Bahrain and the GCC is the speed of adoption of the regulations. The regulators unlike their European or US counterparts are pushing the regulations, not allowing for a period of adjustment.
Fatal Flaws of the Regimes in the Middle East and in Bahrain
Bahrain as well as the neighbouring countries will not be able to meet the political challenges in 20 years. “There are many fatal flaws in the system” according to Dr. Mulla such as insufficient amount of consolation between different parties.
Morocco Tourism Destination: Land of the Setting Sun
AbdelHamid Addou, Director General of Morocco National Tourist Office
Morocco is perceived as an authentic and living culture destination. This is our position and our equity, that means that Morocco is perceived as an old and told destination in terms of preserved nature.