Iraq
 Left: Kurdistan Regional Government (KRG) President Masoud Barzani
Foreign Secretary William Hague's decision to expand the British Consulate in Kurdistan signals his intent to strengthen diplomatic and trade ties with Iraq's most prosperous region |
Sectors such as housing, tourism, trade and agriculture are contributing ever more to the country's GDP |
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Finance
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United Bank for Investment is a powerful example of a successful international
financial firm engaged in the development of Kurdistan
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Already an investment hotspot, Iraqi Kurdistan is eager to encourage foreign companies to take advantage of the enormous business opportunities on offer
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Demand for North Bank's range of services spans small businesses to multinationals
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Infrastructure
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Kurdistan's outstanding economic growth has been driven principally by oil revenues, a secure investment environment and a construction boom
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The Ranj Group has become one of the largest companies in Iraq, and is involved in some exciting developments in Kurdistan
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Safety and stability are in the heart of the economic framework of Kurdistan,
a region that is beginning to realize its huge economic potential
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 Jonson Siyaoosh, Minister of Transport and Communications
Transport and communication links are what connect people, take goods to their destinations and essentially allow business to operate. Without these links, the world as we know it could not function
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The Kurdish government has approved legislation permitting the sale of land to foreign companies
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One of the principal real estate firms in Kurdistan is the Baghdad-based Galala Group of Companies, with offices in Erbil, the regional capital, and in Amman, Jordan
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Khatib & Alami is an international consolidated engineering firm, instrumental in Kurdistan's infrastructure development
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The Zagros Group has become one of the region's most valued companies, leading the way in numerous sectors
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Industry and Trade
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A liberal investment law and a thriving economy attract funds from abroad
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High Representative of the Kurdistan Regional Government (KRG) to the UK, Bayan Sami Abdul Rahman, speaks about the key priorities for KRG, its relationship with the Iraqi federal government, the region's investment pull and bilateral ties with Britain
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Education
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The KRG provides thousands of Kurd students with scholarships to pursue advanced degrees abroad, while at the same time working to improve the quality of higher education at home
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Dr Loqman Dosky, President of the University of Duhok (UoD), says that as a result of its history, Kurdistan Region today is a staunch supporter of international ties, and this is what has allowed the region's economy to register a 12 per cent growth per year
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 University students from Kurdistan travel abroad to further their education, to undertake Masters and Ph.D. programs
The reform of schools and universities aims to create a workforce capable of responding to the needs of a progressively more sophisticated economy
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Celebrating its 20th year, the university plays a vital role in developing the Kurdistan region of Iraq
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Energy
 Electricity provisions are set to meet and even exceed predicted demand and the country is now looking to recoup costs for the excess energy
The Kurdistan Ministry of Electricity's priority is to become energy self-sufficient with plans to export energy in the near future
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Mass Group Holding is working toward combined cycle power and a more efficient electricity infrastructure across Kurdistan
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This expanding company based in Ankara, Turkey is playing a pivotal role in the distribution of power in the region
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In just two years Middle East Power has worked with the Ministry of Electricity to increase the supply of electricity to the national grid by investing in the country's out-of-service power plants
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Telecoms & ICT
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The state-of-the-art telecommunications network being set up in Kurdistan by Newroz Telecom is enabling creative, responsive ICT services and solutions by deploying more reliable, far-reaching infrastructure and leveraging the latest technological developments
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 Korek currently holds a 70% market share in the Kurdistan region, but are looking to increase their overall presence in the Iraqi market
Iraqi mobile operator Korek Telecom has joined forces with some of the biggest names in the industry and is keen to capitalize on 3G connectivity
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Korek Telecom is the fastest growing mobile network operator in Iraq, and its service covers the whole country. It has a market share of more than 70% in Kurdistan and a countrywide market share of 13-14%
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Not long after the turn of the millennium, the studio lights came on, the screens glowed and somebody said "action", as the first home-spun TV channel in Kurdistan went live. And this was no mean feat, as the country had just escaped from the locked-solid grip of dictatorship
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Asiacell was the first cell phone company to cover the country's 18 provinces. It now reaches 96% of the population
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Tourism & Culture
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Shaking the dust from its shoulders, Erbil is now hailed as a prime destination for both business and pleasure
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In 2012, high-end hotel company Starwood Hotels and Resorts decided to return to Iraq after a nearly 20-year absence due to the Gulf War - and they chose Ranj Company as their local partner
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 The Hewa Group is driven by a passion for business growth, a focus on brand building and unmatched customer service
The diversified Hewa Group is behind Kurdistan's top shopping center, Majidi Mall
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The Darin Group provide the backbone for Iraqi infrastructure
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The company has found a niche in the Iraqi aviation market in only five years and is looking to develop further
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The airline will further increase the accessibility of the region to the world's business and tourist travelers
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H.E. DARWISH BIN ISMAIL AL BALUSHI Minister Responsible for Financial Affairs, Oman |
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H.E. DR. AHMED MOHAMMED SALEM AL-FUTAISI Minister of Transport & Communications, Oman |
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H.E. YAHIA BIN SAID BIN ABDULLAH AL-JABRI Chairman of the Special Economic Zone Authority at Duqm (SEZAD) |
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