Egyptian investors discuss cooperation with Kurdistan officials
"The Egyptian delegation's visit came after two Egyptian consulates were inaugurated in Arbil and Basra to expand cooperation, in addition to our interest to have presence in the Iraqi Kurdistan region," Egyptian Assistant Minister Ibrahim al-Ashmawi said in statements during a meeting held by the Egyptian delegation with a number of officials in the region on Monday.
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Turkish companies asset in Kurdistan over $ 621 million
A source from Kurdistan Investment Board declared today that the Turkish companies' assets in Kurdistan Region amount to US$ 621,090,000.
Confirming the figure, Haydar Mustafa, the Director General of Investigation & Information in the Board told AKnews on Wednesday that though there are many Turkish companies functioning in the Region but the majority of them are contractors, dealing with the Regions' Ministries for trade exchange.
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Sulaimaniya Airport becomes an important gateway for transportation
In the presence of the ministers of transportation and construction, the director general of Sulaimani International Airport and a large number of officials and businessmen, the Prime Minister of Kurdistan Regional Government Dr. Barham Ahmed Salih laid the foundation stone for Cargo village inside the airport in special ceremony on Tuesday, July 20. 2010.
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Arabs are major investors in the Kurdistan Region
Investment from Arab states have amounted for most of the investment in the Kurdistan Region. In the last two years $2.7 Billion worth of investment in various sectors of the Region, a senior official of the Board of Investment (KIB) told Aknews today.
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Rotana hotel helps put Erbil on map
“The new Erbil is coming,” says Dler Osman of the city’s tourism department, as he points out half-finished buildings and a new road running through the capital of Iraqi Kurdistan.
Foreign investment and companies are heading to the city as they aim to gain a foothold in an undeveloped Iraq as it emerges from war.
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Fly Dubai names ancient Erbil as newest destination
flydubai's CEO, Ghaith Al Ghaith, said: "Erbil is reinventing itself and undergoing an economic boom with new hotels, leisure and healthcare facilities, commercial towers and trade centres. The city's rapid development has been compared with that of Dubai and it is a beacon of progress for the rest of the country.
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Three Turkish banks to open in Kurdistan
Erbil, July 5 (AKnews) – The Director of Harem Bank declared today that three Turkish banks are going to open their branches in Kurdistan Region.
"A considerable trade progress between the Region and Turkey, especially in banking, can be seen after Kurdistan President, Massoud Barzani's visit to Turkey", Adham Kareem told AKnews on Monday.
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New Licensed Projects
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04-Jul-2010 05:49
License No: 281
Project name: Polteks factory for the production of iron
Investor name: Polteks Company.
Project Capital: 36,090,000 USD
Sector: Industry
Project Location: Erbil
Date of Licensing: 15/6/2010
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04-Jul-2010 05:45
License No: 280
Project name: Kolleen City
Investor name: Fare Care Company.
Project Capital: 18,248,000 USD
Sector: Housing
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Exhibitions
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31-Mar-2010 05:11
Fairs
6th Erbil International Trade Fair
18 - 21 October 2010
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