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.
imported 2024-03-17 17:43:07
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 $9.8 billion to date).
Empire World, a private real estate and investment company in the Erbil (Kurdistan Region of Iraq), just launched an innovative website, one of the best in its sector.
Oil and gas reserves are undoubtedly the most important assets for Iraq’s Kurdistan. According to OPEC, Iraq’s resources of 143 billion barrels of crude oil and 126.7 trillion cubic feet of gas are the fourth largest in the world after Venezuela, Saudi Arabia and Iran. However, Iraq’s oil production is almost half that of Iran, meaning there is plenty of room for growth.
Kurdistan accounts for 43.7 billion barrels of proven oil reserves, 25.5 billion more barrels of unproven reserves and between 3 and 6 trillion cubic meters of gas (30% of Iraq’s proven oil reserves). If Kurdistan was a country, the amount of oil and gas reserves would place it among the top 10 oil rich countries in the world.
Marcopolis.net presents a list of the largest companies in the Kurdistan Region of Iraq. The emphasis is on local, mostly private sector companies. Most of the largest companies in Kurdistan are large diversified conglomerates with a mix of foreign and local capital.
Among the top 10 list are 2 telecom operators, 1 bank and 7 diversified conglomerates. Most of the labor force is employed in the public sector (more than 50%), thus the private sector in Kurdistan represents less than 50% of the economy. Due to lack of reliable data and statistics the main limitation of the list is that it does not provide the exact ranking from largest to smallest, rather it should be regarded as a general overview of the main players from different sectors of the economy in the Kurdistan Region of Iraq.
Also, S&P estimates Abu Dhabi’s GDP per capita at US$ 110,000 in 2012.