Number of Foreign Companies in Kurdistan Up 55%

According to a report from AKNews, 1,602 foreign companies have branches in Iraqi Kurdistan.

The latest figures from the Kurdistan Company Registration Directorate show that 18 months ago there were 1027 foreign companies operating in the region, meaning there has been an increase of 55 per cent.

There are also 10,100 local companies working side by side or jointly with the foreign companies.

Dlzar Ismael, the director for the office, said the number is increasing day by day and more companies are in line to be licensed.

(Source: AKnews)

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