There's More to Iraq than the Headlines

It has been a rough couple of weeks in Iraq, with a string of major attacks bringing the death toll for the year to nearly 2,500.

But despite the upsurge in sectarian attacks, the country is still managing to make progress on a number of fronts.

In the energy sector, for example, Shell has announced that production will start at Majnoon as early as next month, while in the north of the country WesternZagros Resources has announced that it has started its latest drilling program at the Garmian Block.

In construction, Dubai-based DAMAC Properties has begun work on Princess Tower, a 26-storey, luxury furnished apartment complex in Baghdad, while property consultancy Colliers identifies a “clear market opportunity” to develop branded hotel projects in Erbil.

As always in Iraq, instability and other challenges continue to feature, and quite understandably these are the stories that make the headlines in the mainstream media, but here at Iraq Business News we remain committed to bringing you the full picture from a business perspective.

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