Posts Tagged ‘Zain Iraq’

International Finance of the Word Bank: We will intensify investment in Iraq and throughout the Middle East

Posted: October 10, 2012 in Iraqi Dinar/Politics
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10.10.2012 12:00 AM

BAGHDAD / future Iraqi
A senior official at the International Finance Corporation of the World Bank that the organization plans to increase its investments in Iraq in addition to Yemen, and North Africa next year to contribute to the support of development and job creation.

Said Vice President of the Foundation for Europe, the Middle East and North Africa Dimitris Tsetserajus that “his organization plans to invest nearly $ 100 million next year in the OPEC member Iraq, which holds the fourth largest oil reserves in the world, “he said, adding” we have invested so far $ 400 million in Iraq and we are planning to invest more next year. ” (more…)

The World Bank plans to invest $100 million in Iraq

Posted: October 9, 2012 in Iraqi Dinar/Politics
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Baghdad announced the World Bank for Reconstruction and Development, Tuesday, plan to invest $ 100 million in Iraq, indicating that the region has created an urgent need to provide the basic conditions necessary to stimulate growth and support the development of human beings. (more…)

Shabibi ranked 383 in Arab List of Top 500 Businessman

Posted: August 6, 2012 in Iraqi Dinar/Politics
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Five of 15 economists in the top 500 Iraqi Arab figure for 2012

08/06/2012

BAGHDAD / JD / .. issued by Arabian Business list included the top 500 personal Arabic for 2012 issued by the Saudi businessman Prince Alwaleed bin Talal, followed by the UAE, Sheikh Ahmed bin Saeed Al Maktoum, both from the economic figures in the Arab world. (more…)

ISX: investors demand and expectations of the recovery of a large

Posted: November 7, 2011 in Iraqi Dinar/Politics
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07/11/2011 13:49

Iraqi stock market attracts foreign investors increasingly see it as an attractive investment with the expectation of growing demand after listing of shares of companies expected the three main operators of mobile phone services in the country and improve regulation.

Iraqi stock market is still small compared with other stock exchanges in the region and international stock markets, but the drop in violence since the height of sectarian fighting in 2006-2007 and increase the possibility of the rapid growth of interest in them. (more…)

Decision on Iraq fourth mobile license in November: minister

Posted: October 26, 2011 in Iraqi Dinar/Politics
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Iraqi Communications Minister Mohammed Allawi said he expects a decision from the cabinet next month on a request to approve a 4th license for Iraq’s burgeoning mobile phone market.

Zain Iraq, a unit of Kuwait’s Zain , Asiacell, an affiliate of Qatar Telecom , and Korek, part-owned by France Telecom SA and Kuwait’s Agility , hold the first three mobile licences in a market that has exploded since the 2003 U.S.-led invasion.

“I have submitted all the papers to the council of ministers,” Allawi told Reuters in an interview late on Tuesday before the opening of a telecommunications conference in Istanbul. “I should get a response definitely, God willing, within November.”

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Reuters: Iraq stock market chief sees capitalization doubling

Posted: October 13, 2011 in Iraqi Dinar/Politics
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* Telecommunications IPOs expected next year
* Value of those IPOs could be $4 billion
* Now 23 million mobile users in Iraq

ARBIL, Iraq, Oct 13 (Reuters) – Iraq’s stock exchange market will double its capitalization to $8 billion once the three main mobile-phone companies operating in the country are listed, the market’s head said.

Asiacell, an affiliate of Qatar Telecom , Korek Telecom, which is part-owned by France Telecom and logistics firm Agility and Zain Iraq, a unit of Kuwait’s Zain , are required by their license terms to list shares on the local bourse.

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Economist: the right investment in the telecommunications sector can bring revenue to Iraq comes after oil revenues

Posted: March 8, 2011 in Iraqi Dinar/Politics
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BAGHDAD (Iba) .. Returned the House resolution to form a parliamentary committee to investigate irregularities and the performance of mobile phone companies and the reality of telecommunications services in Alaraclzhor again on the scene the media, especially Mekhv Communications and Media Authority announced the launch of Zain five million slice is licensed, which led to fined and suspended the work of the slides before.

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