Iraq’s North Bank Posting Record Growth, Maintaining Top Position
For Nozad Dawood Fattah Al-Jaff, chairman of North bank, the goal is to be not only the largest bank in Iraq, but to be recognized as a strong regional player as well.
imported 2024-03-17 17:43:07
For Nozad Dawood Fattah Al-Jaff, chairman of North bank, the goal is to be not only the largest bank in Iraq, but to be recognized as a strong regional player as well.
Newroz Telecom is building a high-speed broadband ADSL network in Erbil and Dohuk and laying more than 1,500 kilometers of fiber-optic cable, according to the Newroz Telecom website.
Bahrain Top Stories
Bahrain’s National Interests and Foreign Policy 2013-2014
The current political climate in Bahrain has produced a general misunderstanding of the Kingdom in regional and international affairs. What are the key interests of Bahrain?
Among the small but growing band of investors in the Iraq Stock Exchange (ISX), the question most asked is whether 2013 will mark the start of a new bull market.
Investing in the agriculture sector is of continuing interest to the KRG, for reasons practical – becoming food self-sufficient- and also for reasons historical and cultural.
“Investors look for some pillars when they make their analysis of an investment climate. One is them is the legal framework. Kurdistan’s investment law was found to be the friendliest law for foreigners, with a high scale of incentives, flexibility in dealing with investors, giving good rights and position to the foreigners and protection measures.”
For the last several years the semi-autonomous Kurdistan region of northern Iraq has been attracting a relatively large, continuously growing, amount of investment; including local investment, foreign direct investment, and foreign/local partnerships.
The “Empire World Project” is a prime example of the new Kurdistan; a combination of business and leisure, and showcases the promising increase in investment and business confidence.
Korek Telecom is a big player in Iraq with a nationwide coverage. Korek’s market share now stands at 15.7%. The Iraqi telecom operator offers the best quality and price. Also, a year ago Orange and Agility became Korek’s partners, bringing in finance and know-how. Mrs. Gebara also discusses the 3G connection in Iraqi Kurdistan and the story of Korek going IPO.
Tourism is one venue of economic growth that presents immense potential, as the region is a geographical marvel that is steeped in rich history and culture. Erbil, the functioning capital of the Kurdistan region, was chosen as the 2015 capital of Arab Tourism.