Iraq Business News brings you the latest news on developments and opportunities in leisure and tourism industries in Iraq.
Best Western International, a leading international hotel chain, has announced its plans to open its first hotel in Erbil. A signing ceremony was held recently with Glenn de Souza, Best Western International’s vice president international operations for Asia & the Middle East, and Halgord Azzo, CEO of Golden Mountains Company, owner of Best Western Premier […]
Basra's Investment Commission says it is making efforts to attract local and foreign investors to the Al-Ahwar (The Marshes) areas south of Iraq, according to a report from Aswat al-Iraq. Haidar Ali Fadhil, Director of the Commission, added that all sectors will be considered, but with a focus on tourism and agriculture in particular. The […]
German Foreign Minister Guido Westerwelle said on Wednesday that Iraq had been deemed safe enough for potential investors to visit, after meeting his Iraqi counterpart Hoshyar Zebari (pictured) in Berlin. While discouraging tourism to Iraq, the German Foreign Ministry updated its travel warning to say that non-touristic visits 'could be considered' if sufficient precautions were […]
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 […]
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 […]
