imported 2024-03-17 17:43:07
Listed as the third largest computer market within the Gulf region, Kuwait is expected to have favorable IT conditions this year. According to the Business Monitor “the country is projected to spend over $900 million in 2012 within the IT sector alone, which is a 9% increase from previous years. Due to high oil revenue, Kuwait is one of the most advanced IT states in the region.”
There are 12 foreign banks present in Iraqi banking sector. Most of the banks are from Lebanon, followed by banks from the Gulf and Turkey.
There are currently 11 Islamic banks operating in Iraq. According to the World Bank statement from 2010, “the Islamic banking activities in Iraq started in 1993, where the Iraqi Islamic Bank for Investment and Development was established as the first Iraqi Islamic bank. Islamic banks now have 83 branches and 1504 employees, with the ratio of branches and employees of the Islamic banks to that of all private banks being broadly similar at 19 percent and 17 percent.
The two largest banks in Iraq is Trade Bank (Public) and North Bank (Private). View the latest list of the largest banks in Iraq.
José Carlos Lyra de Andrade, President of FIEA (Alagoas State Federation of Industries)
The President of FIEA, José Carlos Lyra de Andrade, talks about the industry sector in Alagoas, mentioning the importance of the sector for the state’s economy, the potentials and challenges of the industry, and also some investment opportunities.
Rui França, State Secretary of Communication
Alagoas State Secretary of Communication, Rui França, talks about the national and international image of the Northeastern Brazilian State. He also mentions some of the actions being taken to improve this image and attract more tourists and investors.
Teotonio Brandão Vilela Filho, Governor of Alagoas
The Governor of Alagoas, Teotonio Brandão Vilela Filho, introduces the Northeastern Brazilian State, mentioning its history, economy, potentials, challenges, areas of development and investment opportunities.
Alberto Cabús, Director of Fika Frio, presents his company specialized in fruit processing for ice cream and pulp production. He also mentions the importance of sustainability in his industrial process and vision for the future.
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).
Empire World, a private real estate and investment company in the Erbil (Kurdistan Region of Iraq), just launched an innovative website, one of the best in its sector.
