17.11.

2012

Sulaymaniyah | Iraq Business News

Islam 1.10

-0.90% |

Elaf Bank 0.88

+2.33% |

khaleej 1.02

0.00% |

Awsat 1.36

0.00% |

Ashur 0.91

+1.11% |

Economy 1.05

-2.78%

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Tag Archive | "Sulaymaniyah"

Automobile Factory to be Built in Sulaymaniya
Posted on 06 September 2012. Tags: Cars, China, Sulaimaniya, Sulaimaniyah, Sulaymaniya, Sulaymaniyah

By John Lee. Sulaymaniya’s general directorate of investment has said that a local company called ‘Mario‘ is building an automobile factory on a 22 hectare (90 donum) site. The company will initially import parts from China and assemble them at the new plant; at a later stage the factory will also make the parts itself, according to a report from AKnews. The land has been allocated in an industrial area near Arabt, 27km south of Sulaymaniya, and there is the option to expand the site depending on requirements. (Source: AKnews)

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Kurdistan to Build $5.9m Dam in Sulaimaniya
Posted on 23 June 2012. Tags: Dams, Kurdistan, Sulaimaniya, Sulaimaniyah, Sulaymaniya, Sulaymaniyah, Water, Zhina Gharib

KRG’s Ministry of Agriculture and Water Resources has signed a contract to build a dam in the Qaradakh parish of Sulaimaniya, reports AKnews. The Chami Smora project will cost 6.96 billion IQD (approx. $5.9 million), and the companies Birkar and Zhina Gharib have undertaken to complete it within 820 days. The dam will be 20 meters high and will hold two million cubic meters of water from a brook from Diwana River. Akram Ahmed, general director of dams in Kurdistan, said the project is a strategic one intended to alleviate the drought the area has been suffering from in the recent years. (Source: AKnews)

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Industrial Town to be Built in Sulaimaniya
Posted on 12 January 2012. Tags: Arbat, Iran, Sulaimaniya, Sulaimaniyah, Sulaymaniya, Sulaymaniyah

Mudarabah and the Shapely Value Dr. Mark A. DeWeaver North Bank Numbers give Hope to Iraqi Economy Ahmed Mousa Jiyad

Implications of the IEA Iraq Energy Outlook

A 3,000 acre industrial town is to be built in the Arbat district of Sulaymaniyah Governorate, according to a report from AKnews. Sulaymaniyah Investment Commission met with a number of private companies this week to discuss the master plan for “The Industrial Town of Arbat District”, which will involve an initial investment of $3 billion USD (3,500 billion IQD). Yasin Mahmoud, spokesman for Kurdistan Investors Union, told AKnews the construction of almost 450 factories of various sizes will begin this year because all formal bureaucratic boxes have been ticked. Mahmoud said that Iran is especially interested in the project because the EU and U.S. are imposing economic sanctions on the Islamic Republic. It hopes the project is launched soon so that it can rescue some of its factories by relocating them to Arbat district, explains Mahmoud. “It will become a very important project for Sulaymaniyah because it will change the city from a tourist destination to an industrial hub,” he added. Farman Gharib, Sulaymaniyah investment director told AKnews that after the master plan for the project is

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the Kurdish region remains stable and the majority of commercial and industrial interests will be unaffected by the latest unrest. with a number of attacks in Baghdad and the central provinces. As warned. a British private security firm working in Iraq since 2003. that time has come to an end. Foreign nationals have also been alarmed by last week’s bombing in the International/Green Zone while the US state department has altered its advice on travel to the country with many now concerned that the risk of kidnap has increased. Organisations should simply be mindful of current cultural sensitivities while personnel should consider exercising discretion if consuming alcohol. “But it was good enough and we used it. US military.17. Sulaimaniyah. Shortly after Friday prayers a crowd of young men roused by a particularly inflammatory sermon. terrorists targeted Shi’ah worshippers gathering to commemorate Ashura. the authorities reported no violent incidents in the revered city of Karbala where many of the worshippers were actually travelling to which is grounds for some optimism over the capability of the Iraqi security forces. which runs southwest of the city of Sulaymaniyah and flow into the Darbandikhan Lake.” Aziz admits. Personnel should exercise caution and bear in mind that even the fortified IZ is not completely ‘safe’. You can access AKE’s intelligence web site Glob al Intake here. Water Once the farms around the city of Sulaymaniyah provided all of the fruit and vegetables locals needed. Yazidis. Now climate change. alcohol. The province currently sees an average of around one major attack per month so conditions are still far more quiet than in the centre of the country.com/tag/sulaymaniyah/ 2/6 . Zakho As the US military withdrawal continues. However. Security. The waters of the Tanjero River. pollution and illegal dumping in local waterways are forcing farmers out. Sulaymaniyah. Centre Unlike several other parts of the country levels of violence fell in Baghdad over the past week with security heightened for Ashura. At that time.2012 Sulaymaniyah | Iraq Business News approved. Iraq. Tags: Sulaimaniya. Sulaymaniyah. the water was not clean either. (Source: AKnews) Posted in Industry & Trade Comments (0) Weekly Security Update for 7th December 2011 Posted on 07 December 2011. Levels of violence rose over the past week with the highest number of casualties recorded in six months. Dahuk. Dahuk has consistently been amongst the quietest provinces in Iraq since 2003 but the incident highlights the fact that even here care should be exercised. “In the past. once a chief source of water for farming here.” the 55-year-old said. unrest in Kurdistan over the weekend illustrates that even in the quiet north there remains the potential for political violence. These included several Christian and Yazidi-owned shops and at least two hotels. a number of attacks marked the date. Close attention should be paid to localised developments while hotels are advised to review their security measures. With almost 80 people abducted in the country so far this year Iraq should still be considered a kidnap hotspot. are now unsuitable for agricultural use. Sulaymaniya. not all sewage went into the river. Iraqi Dinar Revaluation Enthusiasts are Unaware of Bernie Madoff’s Fame 7 Questions for Dinar Speculators Popular Latest Com m ents Tags RSS Feed Iraqi Dinars “One of the Most Foolhardy Investments you can Make” History’s lesson for the dinar Iraq Central Bank ‘To remove 3 Zeroes from Dinar” Weekly Attacks in Iraq the last 6 months South There were no major incidents of violence recorded in the south of Iraq last week although the security forces continue to conduct counter-insurgency operations throughout the region. pointing toward the Tanjero River. North Mob violence left several properties damaged in the town of Zakhu in Dahuk province on 2 December. John Drake is a senior risk consultant with AKE. But now all of the sewage goes into the river and the river has become so www. Baghdad. began attacking properties associated with the sale of alcohol. he and his fellow farmers can no longer benefit from what they describe as once fertile land. Cultural Aw areness. demonstrating that terrorists still have the ability to operate in the city and conduct attacks even for events the security forces have been specifically preparing for.iraq-businessnews. Otherwise. Christians. “The water is so dirty that we don’t even dare get near it. and you can ob tain a free trial of AKE’s Iraq intelligence reports here. the plan will be opened to competing companies to bid for spaces. Kurdistan. Nonetheless. The police in Basrah in particular remain on alert following the bomb attack in the city centre prior to last week’s oil and gas conference. Meanwhile. Tags: AKE. Aziz used to grow vegetables and other crops but since major amounts of sewage began being discharged into this small river.” lamented farmer Mohammed Aziz.11. many are worried at the possibility of increased militancy over the coming year in Iraq. Posted in Weekly Security Update Comments (0) Polluted Waterways could End Agriculture around Sulaymaniyah Posted on 28 August 2011. “We can no longer grow vegetables here.

and where the opportunities abound. the main reserves are not evenly distributed around the country and neither is the violence. Upstream.com TRANSPORT TO IRAQ Our company provides complete and groupage transport services by Highway and Seaway from EUROPE and from all over the world to IRAQ and also alternative shipping solutions. Basrah. Kurdistan. it is still perfectly possible to do business in the capital. Tags: AKE.com/tag/sulaymaniyah/ 3/6 . The wider province accounts for just under 6% of the country’s oil reserves. Anbar.com http://www.11. which accounts for at least 3% of the country’s oil. companies should take a closer look at the country to assess exactly where the risk lies. Accounting for over 7% of the country’s oil wealth the province suffered less than 1% of all countrywide attacks recorded in the second quarter of 2011 (April – June). Nature Iraq has tested the waters of Tanjero and Darbandikhan Lake (pictured). yet they experienced a quarter of the country’s violence in the second quarter. Erbil. sukrutaskiran@kormeta l. Anbar province. Baghdad Conditions seem even more punishing in the capital. conditions are very stable in the autonomous region. Ninaw a. an environmental action group with links to United Nations ecoprojects. called the Iraq Upper Tigris Waterkeeper Project. Kirkuk. energy. Arbil.2012 Sulaymaniyah | Iraq Business News polluted that farmers are being forced to leave their land and abandon agriculture. By avoiding the violent hotspots companies can still make significant profits with minimal exposure to the risks posed by militancy and political upheaval. Sulaymaniyah. Maysan. have extensive reserves and see virtually no violence.ersaytrans. Ta’mim province currently sees an average of around eight attacks per week. www. and more of its gas reserves. 2 of PLASTIC S EXTRUSION AND BLOWING MAC HINES and rest of the facility. with significant economic potential for years to come.17. Iraq. com Pre v Pause Ne x t Posted in Agriculture Comments (0) Oil and Security Posted on 17 August 2011. can be moved to anywhere! Very Good Price. for example. Conversely. On the other hand. However. Offshore Europe. while Ninawa province sees up to 12 and more so upstream oil and gas activity could be seen as more of a gamble in these areas. yet it sees attacks on an almost daily basis. that has initiated a community awareness project. which suffered more than 40% of all attacks recorded between April and June. Located in Turkey Now. Occasional trips at least will be required by companies looking to work in the country’s most important economic sector. gas. Political Risk. Advertise here for Only £20 (US$31) per Some parts of the country have oil paucity and extensive violence. e mail: ersin. Baghdad.yelimgil@ersaytra ns. who even without a military background. Unfortunately. Hydrocarbons. Baghdad still houses the embassies and main political decision making bodies of the government. and indeed all of the parts of the country which still see regular violence. Mosul. As previously documented. it would appear that Maysan province in the south of the country could be a particularly attractive investment location. is still able to travel around the city in relative security. Neighbouring Basrah province saw between 2-3 attacks every week over the period. Ta'mim. the adjacent northern provinces of Ninawa and Ta’mim have over 15% of the country’s oil reserves between them. Products & Services 19lt Bottle Factory For Sale. Companies operating here will have to take extensive measures to protect their assets and personnel – although business is certainly still possible in the two provinces. but with more than half of the country’s oil reserves it is no surprise that energy firms and numerous service companies are still flocking to the province and its significant potential. has comparatively few hydrocarbon reserves. and the violence must seem a daunting challenge to those looking to do business in the city. Oil and Gas. To reassure those that must.” This has been confirmed by Nature Iraq. Violence Iraq’s oil wealth is massive. Nonetheless. Unrest. some areas such as provinces in the south or those administered by the Kurdish Regional Government in the north. Militancy. Statistics. week ! Click here The South By comparing the oil wealth of each province with the number of attacks it sees on a regular basis. With proper security procedures companies are able to overcome the many security obstacles presented in the country. development is being hampered by endemic violence and ongoing instability. terrorism. Instead of being deterred by regular headlines of death and destruction. all of whom are involved in the oil and gas industry.iraq-businessnews. Frequency of Attacks by Province . Oil. Security. Indeed industry considerations aside Baghdad remains a favourite destination of this author.Q2 2011 The North Kurdistan in the north of the country is more of an established investment hotspot.

Tags: Baranan. Green Zone. an all day dining restaurant. properties. Launching Copthorne Hotel is another step in our strategic expansion plans as Iraq’s largest and most respected private company. SRCC. Commenting on the occasion. Faruk. recently announced the upcoming launch of the first international boutique hotel. It has more security force checkpoints. Rockets.Baghdad at Sunset John Drake is a senior risk consultant with AKE. Chairman of Faruk Group Holding said: “The development of the hospitality sector is an important factor as Faruk Group Holding has always b een in the forefront of our country’s development. IZ. a cigar bar and a Duplex Entertainment Center. it has a floor area of 9. Tags: AKE. The Capital Militant attacks have been most concentrated in Baghdad over the past eight weeks. and other business and leisure visitors. However. the first and only mobile company covering all of Iraq’s 18 governorates. Leisure and Tourism Comments (0) A Security Review of the Last 8 Weeks Posted on 05 June 2011. exhibition delegates. 8 service rooms and 7 elevators. Ninaw a. US military. the largest Iraqi private company. construction and IT. 6 suites. Amenities include meeting rooms. Kidnap. it nonetheless has a number of advantages. while it may see more violence than anywhere else in the country. Faruk Mustafa Rasool. The city accounted for over 40 per cent of all incidents and is currently over three times more hostile than the next two dangerous cities (Mosul and Kirkuk). Mortars. with some areas barely being affected at all. Foreign firms looking to do business in the capital have a range of options when considering places to arrange meetings or even set up a permanent presence – and their choices are certainly not limited to the Green Zone. Baghdad. Copthorne Hotel. Kirkuk. Ta'mim. Iraq. For a start. However. There are several districts in the so-called Red Zone that see far fewer incidents on a yearly basis than the heavily fortified city centre. Sulaymaniyah. a group of companies with a diversified range of interests including telecommunications. AKE will b e exhib iting at Offshore Europe in Ab erdeen b etween the 6th and 8th Septemb er. hotels. Iraq. hotels. Iraqi Army. Mosul. cement manufacturing. Diyala. as well as corporate clients. The Copthorne Hotel Baranan is a four-star hotel located in the tourist district of Sulaymaniyah. If you would like to register to attend as an AKE guest for free please complete your details here. Salah ad Din. Mr. Anbar. Posted in John Drake Comments (0) New 4-Star Hotel for Sulaymaniya Posted on 20 June 2011. Security.320 m2. Iraqi Police. Further details on the company can b e found here. Conditions gradually worsened in the first five months of the year. particularly as the US prepares to withdraw its military by the end of the year. Feel free to visit stand 5C110 where you can meet the author.198 m2. Oil.” Faruk Group Holding continues to invest in the hospitality sector to attract more visitors to Sulaymaniyah and provide international quality accommodation for guests and tourists from all over the world. it is nonetheless still a concern. and you can ob tain a free trial of AKE’s intelligence reports here. Sulaymaniyah Faruk Group Holding. an Italian restaurant. with careful planning companies can still overcome the obstacle of security in Iraq. Basrah. Posted in Industry & Trade. Baranan in Sulaymaniyah. For a start. Unrest. Built on a site covering 1. medical services. . a British private security firm working in Iraq from b efore 2003. Copthorne. Faruk Group Holding created Asiacell. it has numerous ‘safe havens’ or areas where personnel can seek assistance in the event of an incident. The seven-storey hotel offers a contemporary setting with 72 guest rooms. K&R. better hospital facilities and a number of well-patrolled districts which see virtually no violence at all. Violence The average weekly number of attacks has risen in Iraq over the last two months. Kurdistan. violence is highly concentrated. Sulaymaniya. and while the increase in attacks has not been dramatic.

The last eight weeks have seen a scattering of incidents in the region. with an increase in inter-communal tensions as different ethnic groups compete for influence in the oil-rich and historically contested city. with Basrah province accounting for only three per cent of all countrywide incidents. Sticky bombs have been regularly used. it should still be seen as a stable and largely secure part of the country. An attack on an oil field earlier on 5 June indicates that violence is still a concern. in that the victims are almost always singled out and monitored closely prior to an attack. Kirkuk on the other hand has seen a slight worsening in conditions. Power shortages. which is why the province appears on the AKE violence chart. the province of Anbar has been the most hazardous part of the central region. with many of the victims being civilian bystanders caught up in attacks against police patrols or US military vehicles. The provinces of Diyala. Recent months have seen a very gradual improvement in security conditions in Mosul. arrests and even some vandalism. Each province accounted for 13 per cent of all countrywide attacks. Weekly Attacks in Iraq .2012 Sulaymaniyah | Iraq Business News Levels of Violence by Province . among urbanised areas such as Fallujah and Ramadi.the last 8 weeks The Central Region Apart from the capital. Tactics Almost two-thirds of all countrywide attacks have involved explosive devices.iraq-businessnews. The vast majority of explosive devices have been relatively small. and that the energy sector is still an attractive target for the militant groups operating in the region.11. with only one per cent of all countrywide violence taking place in the province over the last eight weeks. particularly in Baghdad. Many of the victims have www. unrest and protests have quietened over recent weeks. Companies intent on doing business here have little need to worry about security. usually incurring injuries rather than fatalities. Casualties have also usually been indiscriminate. some involved low-level scuffles.17. That is not to say that there are not other health and safety concerns of a political risk nature in the region. Salah ad-Din and Babil each accounted for between four and five per cent and remain hazardous.the last 8 weeks The North The next two most violent provinces over the last eight weeks were Ninawa and Ta’mim. although conditions could still escalate over the coming weeks as temperatures rise and the government faces increased criticism for failing to address major public frustrations. while a quarter have involved firearms. In sharp contrast to the rest of the country. accounting for nine per cent of all countrywide attacks over the last eight weeks. Most of the incidents have been concentrated in the east of the province. it is perhaps a more sinister tactic. albeit significantly more quiet than the earlier years of Iraq’s post-invasion history. The South The southern part of the country continues to avoid the majority of violent trends which affect central and more northern provinces. situated in the north of the country. While the use of firearms in attacks has been much less frequent. and while most were peaceful.com/tag/sulaymaniyah/ 5/6 . Nonetheless. there are still no grounds for complacency and fairly robust security measures are still recommended by personnel operating in the area. as well-established terrorist organisations have been tackled in a slow and bitter war of attrition with the Iraqi security forces. poor services and high unemployment are likely to stoke further unrest in Iraq in the future. Nonetheless. The province of Sulaymaniyah has seen a number of protests over recent weeks. In general. the area administered by the Kurdish Regional Government has seen very little violence over recent weeks. with most of the incidents concentrated in the cities of Mosul and Kirkuk.

You can also follow John Drake on twitter here. but most simply because their abductor believes their family will be able to raise money for a ransom. You can ob tain a free trial of AKE’s intelligence reports here. Counter-surveillance measures are therefore recommended for a wide range of individuals.2012 Sulaymaniyah | Iraq Business News been senior members of the security forces or mid-level civic employees. Some are selected because of their rank.11. some because of their community. a British private security firm working in Iraq from b efore 2003. Posted in John Drake Comments (0) Older Entries » Links 3rd Basra Oil & Gas / 6-9 December 2012 AAIB Insurance – Iraq Insurance ABC New Baby Shower Favors Al Murabit Baginc Fashion Purses China Wholesale CN Bazaar Handbags & Purse EIC EIMEF Fast Iraq IBN Advertising Rate Card Indian Manpower Recruiter Invest Ad Iraq Agro Food Iraq Energy Forum Iraq Finance Programme Iraq Mega Projects Iraq Telecoms IRAP IRAQ Buildex 21-24 May 2012 Iraq Energy Expo & Conference Iraq Finance Iraq Oil & Gas Khudairi Group Lamp USA Libya Business News Lionbridge More Digital MS Model Boats Olive Group Project Iraq SBDC Iraq Upper Quartile World Linguistic Services Worldwide Oil & Gas Learn Arabic Iraqi Arabic language course resumes – Lesson 7 © 2012 Iraq Business News. particularly those using airports or staying on fortified military facilities such as the Green Zone.iraq-businessnews. Indirect fire is most commonly used to target these types of asset.com/tag/sulaymaniyah/ 6/6 . Oil and gas jobs. Iraqis targeted in kidnap and ransom incidents are also likely to have been singled out and monitored. Website by Shrewsbury Web Design www. personnel still need to take the risk into account. Indirect fire (rockets and mortars) only accounted for around seven per cent of all attacks. so they should not be considered entirely secure. Further details on the company can b e found here while AKE’s intelligence and political risk web site Glob al IntAKE can b e accessed here.17. Nonetheless. John Drake is a senior risk consultant with AKE. and most did not incur any casualties.