Category: iraq business development
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Iraq Investment & Export Opportunity
Iraq has a growing economy despite political unrest over the past two decades; in 2012, the Iraqi economy grew by approximately 10 percent. One of the strongest areas for Iraqi economic investment and export to the West (specifically the United States) is oil. Oil While Iraq has the second largest proven oil reserves in the…
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Telecommunications in Iraq
Telecommunications is a booming business in Iraq, with estimated 48% penetration. There are 3 major licensed providers: Asiacell (successfully issued IPO in 2013) Zain Iraq Korek Telecom Other Telecommunication Companies include: Iraqi Telephone and Postal Company (ITPC) Itisaluna, Kalimat Telecom Iraqtel VitalTel Hi Link Telecom Omnnea Newroz Telecom Regional Telecom (new in 2013) Since 2003,…
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Iraq Investment Incentives
To create a stronger and more fruitful investment environment in Iraq, the government issued amendments to Law 13 in 2006, and passed them in 2007. These legislative amendments were meant to aide in the attraction of foreign investors to Iraq. Please read below for a list of Iraq investment incentives: Non-Iraqis may own land for…