Najaf Investment Commission has announced that it granted six new licenses for investment in various sectors, with a total value of $98.5 million [115 billion Iraqi dinars]. The head of the board, Wafi Albhash, told AKnews that the investment licences included: a five-star hotel valued at $36.2 million, consisting of 12-storeys, 210-rooms and 10 hotel […]
Iraq Business News brings you the latest news on developments and opportunities in leisure and tourism industries in Iraq.
Swiss-Belhotel International is pleased to announce the signing of a management agreement with Sardar Investments Pty. Ltd, a part of Sardar Group, for the management of a 4 star international hotel in Erbil. Erbil, a historical city (6000 BC) and the capital of Iraqi Kurdistan, is home to a large number of international companies, government […]
Iraq Business News recently had the pleasure of interviewing the Kurdistan Regional Government's High Representative to the United Kingdom, Ms Bayan Sami Abdul Rahman. Iraq Business News: Ms Abdul Rahman, thank you for taking the time to speak with us today. May I ask you firstly for your opinion about the ongoing protests in the […]
By Leanne Case. Years of war and suffering in Iraq have left a legacy of destruction which includes ancient monuments and broken cities. During my time there I pestered those that I knew to share both their stories and images of what once was. One doesn’t have to go far to discover a land of […]
Iraq’s Prime Minister, Nouri al-Maliki, has called on Iraqis not to depend on the country’s oil fortune only, reiterating the necessity to develop other sectors of the economy such as agriculture and tourism. “Iraq is the homeland of agriculture and tourism, and it is not right to keep on fully depending on its oil fortune,” […]
The United Nations has prepared a comprehensive Briefing Book on Iraq, and presented it to Prime Minister Nouri al-Maliki. The book is comprised of two parts: The first part addresses key policy issues, including: macroeconomic challenges, development planning and prioritization, governance and public sector reform, anti-corruption, private sector development, social protection and the challenges of […]
A unique event is about to unfold in Iraq, where for the first time ever a cinema multiplex will open in the recently constructed Family Mall in Erbil, the region’s newest shopping and leisure destination. “This is a one of a kind project,” says Gino Haddad, CFO and Business Development Director for Empire Cinemas. The […]