Kurdistan Topics

Inside lraq’s Cash Economy: Fully Reserved Banking in a Monetary Dystopia

pmatay@marcopolis.net (Peter Matay) — Mon, 02 May 2016 13:08:00 +0000

As is the case in many conflict and post-conflict economies, in Iraq the private sector is primarily cash-based. Bank financing is unavailable for all but the largest companies and even then is limited mainly to overdraft facilities.

Iraqi Kurdistan Economic Report 2016: Kurdistan's Great Recession

pmatay@marcopolis.net (Peter Matay) — Fri, 08 Jan 2016 13:08:35 +0000

Not long ago, the future looked bright for the Kurdistan Region of Iraq (KRI). Long an oasis of peace in an otherwise unstable region, by 2013 the three Kurdish provinces of Erbil, Sulaimaniyah, and Dohuk had become the most prosperous part of the country. Not only were they developing their own oil and gas resources but they were also diversifying into non-oil sectors such as cement, tourism, and real estate. In the major cities consumers were flush with cash—business was booming at shopping malls, car dealerships, gold shops, hotels, and restaurants. Iraq’s tallest apartment and office buildings were under construction. The region’s dream of becoming the “next Dubai” seemed to be fast becoming a reality.

Vision to be the Best Security Company in Iraq: Making of the Security Leader

editor@marcopolis.net (Jacques Yétérian) — Tue, 25 Feb 2014 00:00:00 +0000

Gary Cavender, General Manager of Falcon Security talks about why he thinks Falcon Security is considered on the of the best security companies in Iraq offering top security services to many foreign oil and gas companies that require the highest standard possible.

Falcon Security: Overview

editor@marcopolis.net (Jacques Yétérian) — Tue, 25 Feb 2014 00:00:00 +0000

Gary Cavender, General Manager of Falcon Security talks about the inception of the company and strategy to become the leading security services company in Iraq.