News
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Economic integration with Turkey an antidote to tensions in Iraq
Tuesday, 17 January 2012Turkish and Iraqi business partners have faith that an accelerated economic integration between the two, driven by booming demand in Iraq’s ever-evolving north, will forge stability in the region while minimizing the possible adverse impacts of political tensions that some fear could ignite conflicts in the war-torn country. Some observers argued that recent political tension in the fede...
Tags Business | Construction | Healthcare | Turkey
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Turkish discount retailer branches out to Erbil
Tuesday, 17 January 2012Well-known Turkish discount retailer Kaliteli İndirim Marketleri (KİM) is planning to open two stores in northern Iraq's Kurdistan Region, in its first investment abroad, according to a top executive. “We have met all the necessary official requirements and inked deals in January. We will in...
Tags Business | Investments | Retailer -
Finally, Carrefour opens its doors in Iraq's Erbil
Sunday, 15 January 2012ERBIL, Iraq - Today, January 15, the French hypermarket chain Carrefour opened its first store in Iraq, at Erbil's Family Mall. The opening ceremony was attended by the French Consul General in Erbil Frederic Tissot, British Consul General in Erbil Chris Bowers, Erbil Governor Nawzad Hadi, ...
Tags Hypermarket | Luxurious | Shopping -
Erbil most desirable city for foreign investment
Wednesday, 11 January 2012ERBIL - Erbil Governorate is the most desired destination for foreign investment in 2011, with over $1.2 billion USD (1.5 trillion IQD) channeled into the capital of Kurdistan Region in 2011.Erbil Governorate received the lion’s share, $1.26 billion USD (1.5 trillion IQD). That is about 57% of th...
Tags Business | Investments