Investment Guide 2011
Transcription
Investment Guide 2011
Bli[`jkXe@EM<JK@E;<DF:I8:P)'(( Bli[`jkXe @EM< JK@E;<DF:I8: P )'(( 8ef]ÔZ`XcglYc`ZXk`fef]k_\ Bli[`jkXeI\^`feXc>fm\ied\ek Asiacell is the first and only telecom operator to extend its coverage to all 18 governorates of Iraq. ATCONZ (est. 2000) was formed in Auckland, New Zealand as the consulting trading company to provide commercial services to the market of Iraq, and soon the Iraq New Zealand Trade Center was formed. As the country went through change in 2004, BITCO (Baghdad International Trading Co. Ltd.) was formed and has since delivered more than 100 contracts for US and Iraqi governments. In 2006 ATCONZ opened a branch in Erbil City, the capital of Iraqi Kurdistan, for Investment and Real Estate Development. Also, a new ATCONZ headquarters opened in Dubai, UAE. Today, the “New Azadi” residential project, north of Erbil City, is underway with more than 1,600 houses, and setting new standards in the Kurdistan Region. ATCONZ Group strives to be The Professional Solution Provider of Choice. BLI;@JK8E1@EM<JK@E;<DF:I8:P)'(( <[`kfi <[`kfiËjXjj`jkXek <[`kfi$`e$Z_`\] :_`\]jlY$\[`kfi JlY$\[`kfi 8ik\[`kfij ;\j`^e\i >Xi\k_JkXejÔ\c[ CXliXE\nY\iip :fc\kk\;fpc\ 9Xiip;Xm`\j :cXi\:ife`e A\Xe$G_`c`gg\JkXenXp#AXd\jN_`k\ Bpc`\8c[\i Bli[`jkXe @EM< JK@E;<DF:I8: P Gif[lZk`feXe[[`jki`Ylk`fedXeX^\i JXc\j[`i\Zkfi JXc\j\o\Zlk`m\j )'(( BXi\eKifdXe DXik`e:flj\ej K_XYfDbnXeXeq`#:XkXc[fKXiXek`e` M`Z\$gi\j`[\ekYlj`e\jj[\m\cfgd\ek#Efik_8d\i`ZX DXpjffeBX`Ye` DXeX^`e^[`i\Zkfi GlYc`j_\iXe[Z_`\]\o\Zlk`m\ 8e[i\n?fnXi[ 8cXeJg\eZ\ 8ef]ÔZ`XcglYc`ZXk`fef]k_\ Bli[`jkXeI\^`feXc>fm\ied\ek G`Zkli\j1 8cXdp#:fiY`j#>\kkp#Bli[`jkXeI\^`feXc>fm\ied\ek#C`YiXipf]:fe^i\jj# Gi\jj8jjfZ`Xk`fe#G_fkfc`YiXip#I\lk\ij @J9E1 0./$($0'-0+'$*0$* Gi`ek\[Yp9lokfeGi\jj GlYc`j_\[YpE\nj[\jb:fddle`ZXk`fejCk[ (*':`kpIfX[#Cfe[fe<:(M)EN#LB K\c1"++' )'.-,'(-''=Xo1"++' )'.-,'(-'0 E\nj[\jbD\[`X@eZ .''()k_Jki\\k#ENJl`k\.''#NXj_`e^kfe;:)''',#LJ8 K\c1"()')0'+)+)*=Xo1"()')0'+)+)+ FeY\_Xc]f]k_\Bli[`jkXeI\^`feXc>fm\ied\ek nnn%e\nj[\jbd\[`X%Zfd I\gi\j\ekXk`fe`ek_\LJ8 (,*)(-k_Jk#EN E\nj[\jbD\[`X>iflgglYc`j_\jXn`[\iXe^\f]Ylj`e\jjXe[Zljkfd\i glYc`ZXk`fej%=fi]lik_\i`e]fidXk`fegc\Xj\ZfekXZk8e[i\n?fnXi[# dXeX^`e^[`i\ZkfifiDXpjffeBX`Ye`#m`Z\$gi\j`[\ekYlj`e\jj[\m\cfgd\ek% NXj_`e^kfe;:)''*K\c1"()').0..,., <dX`c1lj7bi^%fi^ )'((%K_\\ek`i\Zfek\ekjf]k_`jglYc`ZXk`feXi\gifk\Zk\[YpZfgpi`^_k%8cci`^_kji\j\im\[%EfgXikf]k_`jglYc`ZXk`fedXpY\i\gif[lZ\[#jkfi\[`eXi\ki`\mXcjpjk\d#fikiXejd`kk\[ `e Xep ]fid fi Yp Xep d\Xej1 \c\Zkife`Z# d\Z_Xe`ZXc# g_fkfZfgp`e^# i\Zfi[`e^ fi fk_\in`j\# n`k_flk k_\ gi`fi g\id`jj`fe f] k_\ glYc`j_\i% K_\ m`\nj Xe[ fg`e`fej \ogi\jj\[ Yp `e[\g\e[\ekXlk_fijXe[Zfeki`Ylkfij`ek_`jglYc`ZXk`feXi\gifm`[\[`ek_\ni`k\ijËg\ijfeXcZXgXZ`k`\jXe[Xi\k_\`ijfc\i\jgfej`Y`c`kp%K_\`iglYc`ZXk`fe[f\jefk`dgcpk_Xkk_\p i\gi\j\ekk_\m`\njfifg`e`fejf]k_\Bli[`jkXeI\^`feXc>fm\ied\ekfiE\nj[\jbD\[`X@eZXe[dljke\`k_\iY\i\^Xi[\[XjZfejk`klk`e^X[m`Z\feXepdXkk\in_Xkjf\m\i#efiY\ `ek\igi\k\[XjjlZ_%K_\i\gif[lZk`fef]X[m\ik`j\d\ekj`ek_`jglYc`ZXk`fe[f\jefk`eXepnXp`dgcp\e[fij\d\ekYpk_\Bli[`jkXeI\^`feXc>fm\ied\ekfiE\nj[\jbD\[`X@eZf] gif[lZkjfij\im`Z\ji\]\ii\[kfk_\i\`e% , Welcome to the American Village, the one and only exclusive residential development in Kurdistan. Refined design, unrivalled quality in the safe and beautiful surroundings of Tarin Hills, only 15km from Erbil. Our residents are already enjoying the best facilities in town. Everything and all the services you need are here in this fully independent and self-sufficient community. Come now, choose your dream villa and customize it with our architects team, and we will deliver it within six months. 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The catalysts of our success Creating a better tomorrow The success of DNO in Kurdistan is mainly due to the cooperation between the regional authorities and DNO, represented through the management committee. As an international oil company with decades of experience, DNO has been dedicated to ensuring constant progress towards the early export of crude oil from Kurdistan for the benefit of the Iraqi people and all stakeholders. The outstanding contribution of KRG towards exercising the highest security measures has been key to DNO’s success in DNO International ASA DNO Iraq AS Stranden 1, Aker Brygge, N-0250 Oslo P.O. Box 1345 Vika, 0113 Oslo Norway Office 3902, 39th Floor Shatha Tower, P.O. Box 502503 Dubai Media City Dubai - UAE Phone: (+47) 23 23 84 80 Fax: (+47) 23 23 84 81 Phone: +971-4-3642620 Fax: +971-4-3688447 dno@dno.no mobilising international oil-related service providers to work in Kurdistan. The Security Commander of Dohuk Governorate, Mr. Said Shengaly, has ensured a secure work environment for all, right from the day of DNO’s inception in the region. The contribution of the government-trained personnel has been critical for the DNO’s success. They have not only assisted in production operations, but also trained other local personnel to enhance work performance; creating jobs for the local population and benefiting the region’s economy. 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I\Xg`e^k_\i\nXi[jf]f`c Gif]\jjfi>Xi\k_JkXejÔ\c[ C`m`e^`eXe[m`j`k`e^Bli[`jkXe ()* ÊK_\fk_\i@iXhË1XeXi\Xf]g\XZ\Xe[jkXY`c`kp 9fkXeDFjdXe#?\X[f]k_\BI>Ëj;\gXikd\ekf]@K 9fkXeDFjdXe ('/=Xid`e^]fik_\]lkli\ AXd`c?X`[\i#BI>D`e`jk\if]8^i`Zlckli\Xe[NXk\iI\jfliZ\j ((' I\jlii\Zk`e^X^i`Zlckli\ ?Xj_\d8_dX[qX[\_ <iY`ckXb\jÕ`^_k 8e`ek\im`\nn`k_KXcXi=X`hJXc`_#8`igfik;`i\Zkfi Xk<iY`c@ek\ieXk`feXc8`igfik 8^i`Zlckli\`ek_\]\ik`c\Zi\jZ\ek ()' Bli[`jkXeËjdlck`$\k_e`ZjfZ`\kp (', K_\gfn\if]`e]fidXk`fe ((/ Bli[`j_Zlckli\1df[\ie`kpm\ijljkiX[`k`fe Gfn\i`e^k_\Bli[`jkXeI\^`fe PXj`e?XnXk`#BI>D`e`jk\i]fi<c\Zki`Z`kp (''DXb`e^Bli[`jkXeY\kk\iZfee\Zk\[ k_\k\ik`Xipj\Zkfi Gif]\jjfi;cXn\i8cX8c$;`e K_\gfj`k`m\`dgXZkf]_p[ifZXiYfej 9iX[:Xdg#B8I>iflg Gfn\i#kiXejgfikXe[Zfddle`ZXk`fej 0* @em\jk`e^`ek_\]lkli\1XZfdd`kd\ekkf\[lZXk`fe JX]\\e;`qXp\\#BI>D`e`jk\if]<[lZXk`fe Gif]\jjfi>Xi\k_JkXejÔ\c[ ?Xd`k9fqXijcXe#[`i\Zkfif]jkl[`\jXk<?<JJ`eGXi`j BXi\e;XYifnjbX ()- @e[\of]X[m\ik`j\ij these firms form the PwC network. Each firm in the network is a separate legal entity and does not act as agent of PwCIL or any other member firm. PwCIL does not provide any services to clients. PwCIL is not responsible or liable for the acts or omissions of any of its member firms nor can it control the exercise of their professional judgment or bind them in any way. Unified representation PricewaterhouseCoopers has refreshed its branding in order to strengthen, and modernise how it represents its worldwide network to its clients, its people and the communities in which it operates. The emphasis on a new brand reflects PwC’s desire for a more unified representation across its global network. PwC’s decision to make this change now is testament to the company’s growing success over the last decade, and highlights PwC’s move to establish a concise consistent brand position, making it easier for people to appreciate who we are, what we do, and how we operate across markets. ‘PricewaterhouseCoopers’ remains the full name of the global organisation for legal purposes, and will be the name used by PwC firms to sign company audits. Creation of the new brand positioning was the work of PwC’s Global Brand Team and its Network Leadership Team with assistance from the global brand consultancy Wolff Olins. PwC’s global website, pwc.com, has been redesigned to reflect the changes. About PwC PwC firms provide industry-focused assurance, tax and advisory services to enhance value for their clients. More than 163,000 people in 151 countries in firms across the PwC network share their thinking, experience and solutions to develop fresh perspectives and practical advice. ‘PwC’ is the brand under which member firms of PricewaterhouseCoopers International Limited (PwCIL) operate and provide services. Together, PwC in Central and Eastern Europe PwC Central and Eastern Europe (CEE) has achieved much since its creation more than ten years ago. As a firm, we have been active in some territories of CEE for nearly 20 years – our Hungarian office opened in 1989, we were in Russia in 1990, and Poland and Czechoslovakia (as it was then) in 1991. By the mid-1990s, we had offices in most of the major territories of CEE as we now know it. PwC across the world Today, more than 7,000 people in practices across 29 countries and 48 offices work together in assurance, advisory, and tax and legal services. They are committed to delivering lasting solutions to client issues, providing insights into their business and helping them to capitalise on opportunities. We are the only ‘Big Four’ firm to have a fully integrated network spanning CEE and CIS countries. This helps us to provide a seamless service for our clients and means greater international exposure and mobility for our people. PwC in Azerbaijan PwC Azerbaijan currently has more than 120 staff serving an extensive list of national and international clients. Besides, PricewaterhouseCoopers enjoys an unrivalled presence in the region, with offices in Almaty and Astana (Kazakhstan), Tbilisi (Georgia), Bishkek (Kyrgyzstan), Tashkent (Uzbekistan), Ashgabat (Turkmenistan) and Ulaanbaatar (Mongolia). The client base has grown along with PwC and covers all sectors of the economy, including energy, financial services, consumer and industrial products, telecommunications and services. For further information about our services: The Landmark Office Plaza III 12th Floor 90A Nizami Street Baku AZ1010 Azerbaijan Tel: +994 (12) 497 2515 Fax: +994 (12) 497 7411 www.pwc.com/az/en () =FI<NFI; Gi\j`[\ekDXjfl[9XiqXe` N\cZfd\kfk_\ Bli[`jkXeI\^`fe f]@iXh Gi\j`[\ekDXjfl[9XiqXe`\ok\e[jXnXidn\cZfd\ kf]fi\`^e\ijb\\ekf`em\jk`eXe[c\XieXYflkk_`j ]XjZ`eXk`e^Xe[]Xjk$[\m\cfg`e^I\^`fe @k`jdpgc\Xjli\kf`ekif[lZ\k_`jglYc`ZXk`feXe[k_\Bli[`jkXe I\^`fef]@iXh#XcXe[f]fggfikle`kpXe[^ifnk_%Kf]i`\e[jXe[ e\nZfd\ij#n\cZfd\% Kf[Xp#flig\fgc\\eafplegi\Z\[\ek\[j\Zli`kpXe[ gifjg\i`kp%J`eZ\)''*#n\_Xm\Zi\Xk\[X[\dfZiXk`ZXe[ \Zfefd`ZXccpm`YiXekI\^`fe#Xe[kXb\fliifc\XjXY\XZfef] _fg\]fi@iXhj\i`fljcpYpgifm`[`e^Xdf[\cf]\Zfefd`ZXZk`m`kp# \k_e`ZXe[i\c`^`fljkfc\iXeZ\#j\Zli`kp#Xe[gif^i\jj%N\_Xm\ XcjfY\\eXdfe^k_\dfjkXZk`m\Xe[gifd`e\ekgifgfe\ekj]fi k_\[\m\cfgd\ekf]XjkXYc\#`eZclj`m\@iXh`jkXk\% ?\i\@n`cc^l`[\pflk_ifl^_i\Z\ek[\m\cfgd\ekj`ek_\ Bli[`jkXeI\^`feXe[\ogcX`eflim`j`fe]fik_\]lkli\% F@C#>8J#8E;<:FEFD@:;@M<IJ@KPK_\Bli[`jkXeI\^`fe ZfekX`ejjlYjkXek`Xc#cXi^\cplekXgg\[i\j\im\jf]f`cXe[eXkliXc ^Xj#n_`Z__Xm\k_\gfk\ek`XckfdXb\k_\I\^`feXe`dgfikXek \e\i^pjfliZ\]fik_\`ek\ieXk`feXcdXib\k% K_\@iXh`:fejk`klk`feZc\Xicp\ogcX`ejk_Xkf`cXe[^Xj i\jfliZ\jY\cfe^kfXccf]k_\@iXh`g\fgc\#Xe[k_lj^iXekjk_\ i`^_kkf[\m\cfgXe[dXeX^\f`cÔ\c[jkfXcci\jg\Zk`m\i\^`fej% N_`c\k_\]\[\iXc^fm\ied\ek_XjY\\eleXYc\kf`eZi\Xj\ gif[lZk`fefikfi\_XY`c`kXk\f`cÔ\c[j#n\_Xm\jlZZ\jj]lccp [\m\cfg\[flifneÔ\c[j#^\e\iXk`e^\c\Zki`Z`kpXe[\e\i^p i\m\el\jk_Xkn`ccY\e\ÔkXccf]k_\@iXh`g\fgc\%@Xdfgk`d`jk`Z k_Xkk_\^fm\ied\ekn`ccdXb\k_\gXjj`e^f]X]\[\iXccXnfe _p[ifZXiYfejXkfggi`fi`kp% K_\Bli[`jkXeI\^`feXc>fm\ied\ekBI> _XjXZk`m\cp ]XZ`c`kXk\[\Zfefd`Z[`m\ij`ÔZXk`fe%N\_Xm\Zi\Xk\[Xe XkkiXZk`m\`em\jkd\ekcXn#n_`Z_gcXZ\jk_\gi`mXk\j\ZkfiXkk_\ Z\ek\if]fli\Zfefdp%N\XZk`m\cpgifdfk\]fi\`^e[`i\Zk `em\jkd\ekXe[gi`mXk\\ek\igi`j\`edfjkÔ\c[j#Xe[_Xm\ g`fe\\i\[`dgifm\d\ekj`e\jj\ek`Xcj\im`Z\jjlZ_Xj\c\Zki`Z`kp# ifX[j#Zc\XenXk\i#Xe[`e]iXjkilZkli\%K_\i\jlckjjg\Xb]fi k_\dj\cm\jÇn\efn_Xm\Xggifo`dXk\cp('k`d\jdfi\ \c\Zki`Z`kpg\i_flik_Xek_\i\jkf]@iXh#Xe[n\Xcjf_Xm\Yljkc`e^ Z`k`\jXe[^ifn`e^`e[ljki`\j% Jk`cc#dlZ_f]k_\I\^`feËjgfk\ek`Xc`jlekXgg\[%8jXe \d\i^`e^dXib\k#n\gfjj\jjm\ipXkkiXZk`m\Xjg\Zkj1lekXgg\[ eXkliXci\jfliZ\j2`eZi\Xj`e^[\dXe[Xe[gliZ_Xj`e^gfn\i2 fggfikle`kp]fi^ifle[$c\m\c`em\jkd\ek2XiXg`[cp^ifn`e^\Zfefdp2 Xe[^fm\ied\ekjlggfik]figi`mXk\$j\ZkfiXZk`m`kpXe[`eefmXk`m\ Ylj`e\jjjfclk`fej%@em\jkfijj_flc[\ogcfi\k_\fggfikle`k`\jn\ f]]\i`eX^i`Zlckli\#c`^_k`e[ljkipXe[dXel]XZkli`e^#k\Z_efcf^p# Zfddle`ZXk`fej#ZfejkilZk`fe#_\Xck_ZXi\#\[lZXk`fe#[\m\cfgd\ek f]eXkliXci\jfliZ\j#kfli`jd#i\kX`c#Xe[^\e\iXckiX[\% N\f]k\e[\jZi`Y\k_\Bli[`jkXeI\^`feXjk_\^Xk\nXpkf k_\i\jkf]@iXhÇXgcXZ\kfZfee\Zkkfk_\\Zfefd`Zgfk\ek`Xc `ek_\i\jkf]k_\Zflekip%9lk@Y\c`\m\`k`jY\kk\i]fi`em\jkfijkf Zfej`[\ifliI\^`feXjXYXj\`e@iXhÇXgcXZ\n_\i\jlYjkXek`m\ `em\jkd\ekXe[gifa\ZkjZXeY\le[\ikXb\e%N\cffb]finXi[kf k_\[Xpn_\ek_\i\jkf]@iXh\eafpjflic\m\cf]j\Zli`kpXe[ jkXY`c`kp#\eXYc`e^Ôidjn`k_Xe\jkXYc`j_\[gi\j\eZ\`ek_\ Bli[`jkXeI\^`fekf\ogXe[k_ifl^_flkk_\@iXh`dXib\k% JF:@8C>IFNK?8E;I<=FIDK_\Bli[`jkXeI\^`fe_XjX ifYljk\Zfefdpn`k_Xki\d\e[flj^ifnk_iXk\%K_`j_Xji\jlck\[ =FI<NFI; N\cZfd\kfXjkXYc\Xe[ j\Zli\cfZXk`fen`k_ ]XmfiXYc\c\^`jcXk`feXe[ XYle[Xekfggfikle`kp `ek_\`dgifm\d\ekf]fliZ`k`\j#jki\\kjXe[Yl`c[`e^j%N\ _Xm\Xcjf\dYXib\[feXeldY\if]`e`k`Xk`m\jkf`dgifm\fli jfZ`\kpXe[^fm\ied\ek#jlZ_Xjgifdfk`e^^ff[^fm\ieXeZ\ Xe[Xek`$Zfiilgk`fei\]fidj#nfd\eji`^_kj#gifk\Zk`fef] d`efi`k`\j#Y\kk\i\[lZXk`fe#`dgifm\[_\Xck_ZXi\#k_\ [\m\cfgd\ekf]Z`m`cjfZ`\kpfi^Xe`qXk`fej#Xe[]i\\[fdf]k_\ gi\jj%N\_Xm\nfib\[Zcfj\cpn`k_k_\gi`mXk\j\Zkfikfgifm`[\ kiX`e`e^Xe[Yl`c[ZXgXZ`kp]fiflipflk_%@Y\c`\m\fe\f]k_\ gi`dXipgligfj\jf]^fm\ied\ek`jkf\ejli\k_\jfZ`Xc]XYi`Z f]fliZfddle`k`\j^ifnjXcfe^j`[\k_\\Zfefdp% =I@<E;J8E;E<@>?9FIJK_\Zfie\ijkfe\f]fli]fi\`^e i\cXk`fej`jZfdd\iZ`Xc\oZ_Xe^\%@egXik`ZlcXi#n\Zlii\ekcp kiX[\Xggifo`dXk\cp,Y`cc`fe$-Y`cc`fen`k_Klib\pXeelXccp% K_\Klib`j_:fejlcXk\>\e\iXc`e<iY`c#Xcfe^n`k_`dgfikXek m`j`kj]ifdKlib\pËj=fi\`^eD`e`jk\iXe[j\e`fif]ÔZ`Xcjkf <iY`c#Xe[dpm`j`kkf8ebXiX#`jXk\jkXd\ekkffli^\el`e\j\ej\ f]gXike\ij_`g%J`d`cXicp#flii\cXk`fejn`k_8iXYjkXk\j_Xm\ Xcjf^ifnejk\X[`cp% N\efn_Xm\)'[`gcfdXk`Zi\gi\j\ekXk`fej`ek_\Bli[`jkXe I\^`fe#`eZcl[`e^k_i\\8iXYjkXk\j#Xe[_Xm\[\m\cfg\[^ff[ i\cXk`fejn`k_<lifg\#k_\LJ#Xe[8j`XejkXk\j%K_\j\i\cXk`fej_`gj jk\d]ifdk_\fg\ee\jjf]k_\Bli[`j_g\fgc\%N\\e\i^\k`ZXccp glijl\k_\\ei`Z_d\ekf]e\n`[\XjXe[k\Z_efcf^p#Xi\\oZ`k\[kf c\XieXYflkfk_\iZlckli\j#Xe[Xi\b\\ekfj_Xi\fli_`jkfipXe[ kiX[`k`fejn`k_fk_\ij% 8CC8I<N<C:FD<KfXcc`em\jkfij#]i`\e[j#e\nZfd\ij# kfli`jkj#Xe[[`gcfdXkj#@jXpn\cZfd\%N\cZfd\kfXjkXYc\Xe[ j\Zli\cfZXk`fen`k_]XmfiXYc\c\^`jcXk`feXe[XYle[Xek fggfikle`kp%Pfln`ccÔe[XgfglcXk`fek_Xk_Xj\d\i^\[]ifdX [`]ÔZlck_`jkfipXe[`ji\X[pkfc\Xie#^ifn#Xe[gXike\in`k_k_\ `ek\ieXk`feXcZfddle`kp#]fi\`^eÔidj#Xe[`em\jkfij%N\cZfd\ kfk_\Bli[`jkXeI\^`fef]@iXh%Fli[ffijXi\fg\e%■ (* Founded in Erbil, Ster Group has emerged as one of Iraq’s fastest growing conglomerates. Ster Group is the leading company in Kurdistan in the field of building construction, security, telecommunication, industrial production, insurance and travel. The trusted partner in Kurdistan for domestic and international businesses. OUR PARTNERS Turkish Airlines Fly with us to all your dream destinations Fly with Turkish Airlines from Erbil to Turkey and beyond. www.thy.com Office: Ster Tower - Gulan Street, Erbil +964 66 224 6235, +964 66 224 6236 Elide Fireball The revolutionary fire extinguishing technology Ster Group is the exclusive distributor for Iraq and 15 other countries in the Middle East, Russia and Europe. www.sterfireball.com - info@sterfireball.com WHA Financial Services Services ranging from tax to audit, accounting, HR, insurance and more. www.whafinancialservices.com Ster Tower - Gulan Street, Erbil - Kurdistan (Iraq) www.stergroup.com - info@stergroup.com OUR GROUP Ster Company Provides a wide-range of all-inclusive services and support to industrial, commercial and government clients. Ster Insurance Was founded in 2004 and is the largest private insurance company in Iraq and Kurdistan. Ster Security Is a leading provider of security services. Together with Vanguard we provide both local and foreign clients with the best solutions. Kani Water Pure natural mineral water. Produced in Bekhal in Kurdistan. www.kani-water.com TARINNET :: OUR GROUP TarinNet Is part of the Ster Group and provides internet services in Kurdistan. TarinNet started in 2005 as a WISP (Wireless Internet Service Provider) in Erbil. Today it covers 25 cities and towns in Kurdistan with many additional services. TarinNet is now the biggest ISP and WISP company in our region with the best network coverage. Next to VSAT, WiFi, VoIP and Intranet services we now also provide High-Speed Fiber Internet Connections in Duhok and Erbil. Our clients include the consumer market, the business market, universities and industrial clients. We also serve all the government agencies belonging to the KRG. With more than a 150 companies, the government, universities and 20,000 home users, we are the biggest player in the market. Control Dept. : Sales Dept. Erbil : Sales Dept. Duhok : Website : E-mail : +964 (0) 66 256 4562 noc@tarinnet.info +964 (0) 750 418 3060 sales@tarinnet.info +964 (0) 750 414 5303 www.tarinnet.net info@tarinnet.info Employment opportunities available at Stergroup E-mail us at careers@stergroup.com or visit www.karoxjobs.com Group of companies are leaders in: Water and Sewage system (EPC, Water networks, Water treatment, Telemetric, Pipe connection) SCADA system • Oil utility projects • Irrigation • Construction (Tunnels, Bridges, General buildings and road construction) • Dam construction and Dam Project Management • Power generation Priman St, Soresh Q.Erbil, Iraq www.hardam-co.com • projects@hardam-co.com • www.ev-yol.com • www.omrab.ca Mobile: 00964 750 1331 567 / 00964 770 6500 402 L/L: 00964 66 259 3433 =FI<NFI; Gi`d\D`e`jk\i;i9Xi_XdJXc`_ Bli[`jkXe1 j\Zli\#gifjg\iflj# [\m\cfg`e^ ;i9Xi_XdJXc`_#Gi`d\D`e`jk\if]k_\BI> 8jk_\Gi`d\D`e`jk\if]k_\BI>#`k`jdp^i\Xkgc\Xjli\kf n\cZfd\k_`jglYc`ZXk`fe#n_`Z_`jX[[i\jj\[kfk_fj\`ek\i\jk\[`e befn`e^dfi\XYflkflii\dXibXYc\i\^`fe%Bli[`jkXe`j i\dXibXYc\]fidXepi\XjfejÇefkc\Xjkk_XkBli[`jkXeXe[`kj g\fgc\j_Xm\Y\\ekiXej]fid\[fm\ik_\cXjkknf[\ZX[\j% K_Xeb]lccp#Bli[`jkXe`jXkfkXccp[`]]\i\ekgcXZ\kfn_Xk`jnXj`e (00(%@]pfl_X[m`j`k\[ljk_\eÇefkk_Xk`knXjm\ip\Xjpkf[fjf n`k_k_\@iXh`[`ZkXkfij_`gYcfZbX[`e^ljÇk_\jZ\e\pflnflc[ _Xm\Y\\ed\kn`k_nflc[_Xm\Y\\efe\f][\mXjkXk`feZXlj\[ Ypp\Xijf]ZfeÕ`ZkXe[fggi\jj`fe#Xe[k_\dXe`]\jkXk`fejf] XYlj\YpXZ\ekiXc^fm\ied\ekk_XknXjXk`kjY\jk`e[`]]\i\ek#Xe[ Xk`kjnfijkm`fc\ekcp_fjk`c\#kfk_\n\c]Xi\f]k_\Bli[j%@jXpk_`j efkkf^X`epflijpdgXk_p#YlkY\ZXlj\`k`j`dgfikXekÇm`kXccp `dgfikXekÇk_Xkn\i\d\dY\i]ifdn_\i\n\jkXik\[`efi[\ikf le[\ijkXe[Zc\Xicpn_\i\n\Xi\^f`e^% K_\kiXa\Zkfipf]Bli[`jkXeËj[\m\cfgd\ekj`eZ\k_fj\[Xib [Xpj`ek_\\Xicp(00'j_XjY\\e`dgi\jj`m\cpjk\\g%C\jjfej# jfd\m\ipgX`e]lc#_Xm\Y\\ec\Xiekfek_\nXp%9lkk_\[\j`i\f] k_\g\fgc\f]k_\I\^`fekf`dgifm\k_\`ic`m\j#Xe[lck`dXk\cp kfc`m\`eXj\Zli\Xe[gifjg\iflj\em`ifed\ek#i`Z_n`k_ fggfikle`k`\jkfY\kk\ik_\dj\cm\j#_Xjj_fe\k_ifl^_X[m\ij`kp% K_`j[\j`i\_XjY\\ejlggfik\[Ypfli]i`\e[j`ek_\`ek\ieXk`feXc Zfddle`kpÇn`k_\ok\ej`m\_ldXe`kXi`XeXjj`jkXeZ\gifm`[\[`e k_\gXjkÇXe[efnn\cffbkfk_\]lkli\XjXe\d\i^`e^# [\m\cfg`e^I\^`fe%I\jgc\e[\ekn`k_Yfk__ldXeXe[eXkliXc i\jfliZ\jXe[gcXZ\[jkiXk\^`ZXccpXkk_\d\\k`e^gf`ekf]dXafi i\^`feXcXe[`ek\ieXk`feXcdXib\kj#`ek\ieXk`feXc`em\jkfijXi\ b\\ekfgXike\in`k_k_\BI>Xe[k_\i\^`feËjgi`mXk\j\Zkfi`e ]lik_\i`e^Bli[`jkXeËjX[mXeZ\d\ek% PflZflc[Y\]fi^`m\e]fiY\c`\m`e^k_Xk#`edXepnXpj# Bli[`jkXe`jkff^ff[kfY\kil\XjXe`em\jkd\ekfggfikle`kp% M`iklXccp\m\ipj\Zkfif]XZk`m`kp`jfg\e]fi`em\jkd\ek1fli `em\jkd\ekcXnjXi\^\e\ifljkfk_\]fi\`^e`em\jkfi2k_\i\`j`e gcXZ\XcXi^\[fd\jk`ZdXib\kn`k_Xe`eZi\Xj`e^Xdflekf] [`jgfjXYc\`eZfd\kf_Xe[2k_\i\`jXe\m\ecXi^\idXib\kXZifjj k_\i\jkf]@iXh#n_`Z_`jXZZ\jj`Yc\kfk_fj\nfib`e^]ifd Bli[`jkXe2k_\i\`jm`j`feXe[[i`m\]ifdk_fj\\c\Zk\[kf^fm\ie# Xe[Xe\X^\ie\jjkf\dYiXZ\k_\gi`mXk\j\ZkfiXe[c`d`kk_\ifc\ gcXp\[Ypk_\glYc`Zj\ZkfiXZifjjk_\i\^`fe2flic\X[\ijXi\ le`Ô\[`ek_\`ikXi^\k`e^f]`e\]ÔZ`\eZpXe[Zfiilgk`feÇgifYc\dj k_Xk_XlekdXepjkXk\j`ek_\n`[\ii\^`feÇXe[n\_Xm\Xci\X[p dX[\j`^e`ÔZXek_\X[nXp`eZ_Xe^`e^nfib`e^giXZk`Z\j2Xe[n\# XjX^fm\ied\ekXe[XjXg\fgc\#_Xm\\dYiXZ\[[\dfZiXk`Z gi`eZ`gc\j#`e^fm\ied\ek#`ejfZ`\kp#Xe[`ek_\nfibgcXZ\% (. your people should do what they’re best at our people can do the rest management | life support | maintenance | cleaning +964 (0) 750 4487503 spectrummideast.com =FI<NFI; K_\i\`jXZfej`[\iXYc\ nXpkf^f#Ylkn\Xi\ Zc\Xicp^f`e^`ek_\i`^_k [`i\Zk`feXkXhl`ZbgXZ\ F]Zflij\#k_\i\`jXZfej`[\iXYc\nXpkf^f#Xe[k_\i\n`cc Y\j\kYXZbjXcfe^k_\nXp%9lkn\Xi\Zc\Xicp^f`e^`ek_\i`^_k [`i\Zk`feXkXm\iphl`ZbgXZ\% @n`ccc\Xm\pflkf^\kXY\kk\ij\ej\f]k_\X[mXeZ\jk_Xk _Xm\Y\\edX[\`eflim`YiXek#\oZ`k`e^I\^`feYpi\X[`e^k_\ Zfeki`Ylk`fejdX[\Ypk_\[`jk`e^l`j_\[Zfeki`Ylkfijkfk_`j glYc`ZXk`feXe[kfdXb\pflifneal[^\d\ekjXjkfn_Xkn\ _Xm\XZ_`\m\[#Xe[n_\i\n\Xi\^f`e^%@nflc[Xjbk_Xkpfl[f i\d\dY\ik_\]fccfn`e^XjpflZfej`[\in_Xkpfli\X[#gXik`ZlcXicp Xjjfd\f]pfln`cci\dX`ele[\ijkXe[XYcpZfeZ\ie\[XYflk `em\jk`e^`eXepgXik`ZlcXii\^`fef]@iXh1n\_Xm\klie\[fli n\Xbe\jj\j`ekfjki\e^k_j% @iXhXjXn_fc\_Xjklie\[XZfie\i#gfc`k`ZXccpjg\Xb`e^2 Bli[`jkXeËji\jfliZ\jXi\efnlj\[`eBli[`jkXeËj`ek\i\jkjXe[efk X^X`ejk_\ig\fgc\Xjk_\pn\i\le[\iJX[[Xd%FlijlYal^Xk`fe le[\i[`ZkXkfij_`g_XjY\\ekiXej]fid\[`ekf[\k\id`eXk`fekf jlZZ\\[`eX[\dfZiXZp%Fli^\fgfc`k`ZXccfZXk`feÇf]k\ej\\eXj cXe[cfZb\[Xe[#k_\i\]fi\#n\XbÇ`jZ\ekiXcXe[g`mfkXc#Xe[`[\Xccp gcXZ\[n`k_i\^Xi[kf\d\i^`e^dXib\kj`ek_\i\^`feXe[k_\ X[mXeZ\[\Zfefd`\jf]<lifg\Xe[k_\<XjkXc`b\2n\befnfli n\Xbe\jj\jXjn\ccXjflijki\e^k_j#Xe[_`[\e\`k_\i`ek_\_fg\ f]Zfek`el`e^Xcfe^fli`dgi\jj`m\kiXa\Zkfipf][\m\cfgd\ek% N`k_k_fj\k_fl^_kj`ed`e[#@_fg\pfl]\\cXYc\kfZfej`[\i nfib`e^n`k_lj`ek_\Bli[`jkXeI\^`fe#]fik_\Y\e\Ôkf]ljXcc%■ (0 Integrated solutions from Petrofac Petrofac is a leading international provider of facilities solutions to the oil & gas industry. It provides specialist well engineering, drilling and project management solutions; stateof-the-art engineering services and consultancy; designs and constructs oil & gas facilities; operates, maintains and manages facilities; provides world-class competency assessment and training across the asset lifecycle; and brings technology solutions via a range of consultancies (Engineering Services, Eclipse, Caltec, SPD, Plant Asset Management). Petrofac provides integrated solutions to meet customer needs and is willing to co-invest to develop upstream and infrastructure projects where it can apply its service capability. To learn more, visit www.petrofac.com or call +44 207 811 4748 www.petrofac.com =FI<NFI; Ik?feN`cc`Xd?X^l\DG K_\[Xj_]fi df[\ie`kp Ik?feN`cc`Xd?X^l\DG#LBJ\Zi\kXipf]JkXk\]fi =fi\`^eXe[:fddfen\Xck_8]]X`ij @Xd[\c`^_k\[kfZfeki`Ylk\kfk_`j\[`k`fef]Bli[`jkXe1@em\jk`e ;\dfZiXZp#Xe[kfj\kflkjfd\k_fl^_kjfek_\]lkli\f]k_\ Bli[`jkXeI\^`fef]@iXh% K_\I\^`fe`j^f`e^k_ifl^_Xg\i`f[f][peXd`ZZ_Xe^\Ç dlZ_f]`k]fik_\^ff[%8]k\iXcfe^g\i`f[f]`jfcXk`fe#jl]]\i`e^ Xe[leZ\ikX`ekp#k_\Bli[`jkXeI\^`fe`jefnZ_XiXZk\i`q\[Yp \e^X^\d\ekn`k_k_\flkj`[\nfic[#^ifn`e^gifjg\i`kpXe[ `eZi\Xj`e^ZfeÔ[\eZ\`ek_\]lkli\%@k`jhl`k\XklieXifle[#Xe[ dXb\jk_\Bli[`jkXeI\^`fefe\f]k_\dXafijlZZ\jjjkfi`\jf]@iXh% 9lfp\[YpXjkife^Xe[jkXYc\j\Zli`kpXe[gfc`k`ZXc \em`ifed\ek#k_\I\^`fe`j^f`e^k_ifl^_XÊ[Xj_]fidf[\ie`kpË% Bli[`jkXe`jgifl[f]`kjkiX[`k`fej#`kjj\ej\f]]Xd`cpXe[f] cfpXckpkfk_\Zfddle`kp#Xe[`kjj\ej\f]`[\ek`kpk_Xk_XjY\\e kfl^_\e\[k_ifl^_i\j`jkXeZ\kfg\ij\Zlk`fe%9lkk_\I\^`fe`j efcfe^\i`enXi[$cffb`e^%K_`j`jXk`d\f]i\e\nXcXe[\e\i^p% 8m`j`kfikf<iY`c#gXik`ZlcXicp#nflc[Y\jkilZbYpk_\ Zlii\ekZfejld\iXe[ZfejkilZk`feYffd%CXi^\Xe[jdXcc j_fgg`e^dXccjXi\jgi`e^`e^lg[fnekfne#XjXi\gifjg\iflj ^Xk\[Êm`ccX^\jË#_fk\cjXe[Xdlj\d\ekgXibj%DlZ_f]k_`j gif^i\jj`j\eZXgjlcXk\[`e<iY`cËj^c\Xd`e^#jdXikXe[j\Zli\ e\n`ek\ieXk`feXcX`igfikg`Zkli\[i`^_k Çn_`Z_@Xd[\c`^_k\[ 9i`k`j_\og\ik`j\_X[X_Xe[`e[\c`m\i`e^% >`m\ek_\^ff[j\Zli`kpj`klXk`feXe[k_\\e\i^pf]`kj g\fgc\#Bli[`jkXeÔe[j`kj\c]`eXgfj`k`fekfifX[$k\jkgcXejXe[ gifa\ZkjfeY\_Xc]f]k_\i\jkf]@iXh%:\ekiXckfk_`jXe[k_\ I\^`feËjjlZZ\jj`jk_\gfc`Zpf]\e^X^\d\ek%K_\I\^`feËji\cXk`fej n`k_Klib\p_Xm\^fe\k_ifl^_Xj\XZ_Xe^\fm\ik_\gXjk]\n p\Xij%K_Xk`jXk\jkXd\ekkfYfk_j`[\jËZfdd`kd\ekkfcffbkf k_\]lkli\#efkk_\gXjk%Gi`d\D`e`jk\iDXc`b`Ëj\m\eklXc]fidXk`fe f]Xe\n^fm\ied\ek]fccfn\[cXjkp\XiËj\c\Zk`fe1XYi\Xbk_ifl^_ k_Xkk_\Bli[`j_YcfZ#Xe[Gi\j`[\ek9XiqXe`g\ijfeXccp#gcXp\[X j`^e`ÔZXekifc\`eYi`e^`e^XYflk% JlZZ\jj]lcXe[\e\i^\k`Z\e^X^\d\ekn`k_9X^_[X[`jm`kXc kfk_\I\^`feËj]lkli\1Xc\jjfek_Xk`jefkcfjkfek_\i\^`feËj gfc`k`ZXcc\X[\ij_`g%K_\i\`jjk`ccdlZ_kf[fkf^\k9X^_[X[$<iY`c i\cXk`fejkfn_\i\k_\pj_flc[Y\%K_\kfggi`fi`kp`jgXjj`e^ c\^`jcXk`fefei\m\el\$j_Xi`e^Xe[_p[ifZXiYfej#n_`Z_n`cc \eXYc\k_\[\m\cfgd\ekf]@iXhËjf`cXe[^Xjn\Xck_`efe\gfc`k`ZXc Xe[\Zfefd`Zjg_\i\% N_Xkifc\ZXek_\LBgcXp`ek_\\Zfefd`Z[\m\cfgd\ekf] k_\I\^`fe6K_\LB`jXnfic[c\X[\i`eÔeXeZ`Xcj\im`Z\jXe[ `em\jkd\ekX[m`Z\#Xe[Xjgi`e^YfXi[]fi^ifnk_]fiZfdgXe`\j ]ifdXifle[k_\nfic[%Fli_p[ifZXiYfejZfdgXe`\jc\X[k_\ nfic[`ebefn$_fnXe[i\jgfej`Yc\#jljkX`eXYc\[\m\cfgd\ek% FliZfejlckXekjXe[\e^`e\\ij_Xm\X^cfYXci\glkXk`fe]fi [\c`m\i`e^nfic[$ZcXjjgifa\Zkj#Xjn\ccXjYXj`Z`e]iXjkilZkli\ e\\[j#`eZcl[`e^jZ_ffcj#_fjg`kXcjXe[_\Xck_Z\ek\ij%FliJD< j\Zkfi`jm`YiXek#`eefmXk`m\Xe[`ek\ieXk`feXccpjXmmp% K_\j`q\f]k_\LBgi\j\eZ\Xkk_\<iY`cKiX[\=X`i`e FZkfY\i)'('#c\[YpLBKiX[\Xe[@em\jkd\ek:<FJ`i8e[i\n :X_e#nXj\m`[\eZ\f]k_\iXe^\f]k_\LBf]]\i#Xe[f]k_\ jkife^`ek\i\jkgi\j\ek`ek_\LB`e]fi^`e^jkife^\ikiX[\Xe[ `em\jkd\ekc`ebjn`k_Bli[`jkXe%LBZfdgXe`\j_Xm\Xci\X[p_X[ jfd\jlZZ\jj`ek_`ji\jg\Zk%N\Xi\cffb`e^kfYl`c[fek_Xk# Xe[dpf]ÔZ`Xcj`e<iY`cjkXe[i\X[pkf_\cg%■ )( )) =FI<NFI; 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Bli[`jkXe`jXdXafi Zfejld\idXib\kk_Xk k_\L8<n`cc[\Ôe`k\cpcffb `ekfdfi\Zcfj\cp Modern developments, such as these apartment buildings in Erbil, are springing up in the Region’s town and cities )* Lufthansa and Austrian Airlines: your choice for Erbil Save time with online or mobile check-in If you are travelling to Erbil, Austrian Airlines and Lufthansa offer you a choice of nine flights a week via either Frankfurt or Vienna. From Vienna, Austrian Airlines flies direct five times a week- – Mondays, Wednesdays, Thursdays, Fridays and Saturdays – with a flight time of 3 hours 40 minutes. Lufthansa operates four direct flights a week to Erbil from Frankfurt – on Tuesdays, Thursdays, Saturdays and Sundays – with a flight time of around 4 hours 30 minutes. Both airlines offer Business and Economy Class to Erbil. Whichever travel class you choose, your fare includes all taxes, fees and charges, a free baggage allowance, free seat reservation, free refreshments, comfortable seats with plenty of legroom and the excellent service you would expect from one of the world’s leading airline groups. To book, visit lufthansa.com or austrian.com To save time at the airport, you can check in online from 23 hours before departure, choose your seat and print out your boarding pass at home or at the office. Once at the airport, simply check in your luggage at the Austrian Airlines or Lufthansa baggage drop-off counter and go straight to security. Even more conveniently you can check in en-route on your internet-enabled mobile phone and have your boarding pass sent to your phone. Simply place the 2D barcode on the scanner at your gate when you are ready to board. Earn frequent flyer miles on flights With Miles & More, you can earn valuable award miles on flights with Austrian, Lufthansa and many other airline partners, as well as with a large number of partners outside the airline industry. These miles can then be exchanged for a wide variety of rewards, from hotels to rental cars. 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JX[[Xd?ljj\`eËjniXk_#]fccfn`e^k_\XYfik`m\Bli[`j_lgi`j`e^ `eefik_\ie@iXh`e8gi`c(00(%J`eZ\k_\e#<iY`cXe[K\_iXe_Xm\ [\m\cfg\[jkife^[`gcfdXk`ZXe[Zfdd\iZ`Xcc`ebj#n`k_\ok\ej`m\ kiX[\Y\`e^Zfe[lZk\[XZifjjj\m\iXcj\ZkfijXe[j`^e`ÔZXek @iXe`XeZfdd\iZ`XcXZk`m`kpXZifjjBli[`jkXe% >CF98CFLKCFFB=`eXccp#n_`c\efkkiX[`k`feXccpe\`^_Yfij ^`m\ek_\^\f^iXg_`ZXc[`jkXeZ\jj\gXiXk`e^k_\d#k_\Le`k\[ JkXk\jXe[k_\<lifg\XeLe`fe_Xm\Y\Zfd\m`iklXce\`^_Yfijf] Bli[`jkXe[l\kf^cfYXc`qXk`feXe[k_\`i`eÕl\eZ\fek_\nfic[% *, *- JK89@C@KP Bli[`jkXejkXe[jflkXjXe`jcXe[ f]i\cXk`m\g\XZ\Xe[gifjg\i`kp `eXe@iXhjk`ccXYcXq\n`k_m`fc\eZ\ Xe[\Zfefd`ZdXcX`j\ President Barzani has built relationships during meetings with world leaders and senior ministers, including (clockwise from top left) Palestinian President Mahmoud Abbas, US President Barack Obama, German Foreign Minister Frank-Walter Steinmeier and Turkish Foreign Minister Ahmet Davutoglu K_`j`j\jg\Z`Xccpkil\f]k_\Le`k\[JkXk\j#^`m\e`kjXcc$`dgfikXek 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Fe((DXiZ_)'('#Zfejlc^\e\iXc8p[`eJ\cZ\eXii`m\[`e<iY`c kffg\ek_\^fm\ied\ekf]Klib\pËje\nZfejlcXk\`ek_\ Bli[`jkXeI\^`fe%9Xi\cpk_i\\dfek_jcXk\i#DXjfl[9XiqXe` \dYXib\[fe_`jÔijkf]ÔZ`Xcm`j`kkf8ebXiXXjk_\I\^`feËj i\Zf^e`q\[Gi\j`[\ek%8ck_fl^_cXi^\cpfm\icffb\[Ypk_\n\jk\ie d\[`X#k_\j\\m\ekjXi\Xdfe^k_\dfjk^\fgfc`k`ZXccpj`^e`ÔZXek f]@iXhËjgfjk$nXi\iX% DfjkfYm`fljcp#k_\pi\gi\j\ekkXe^`Yc\i\Zf^e`k`fefek_\ gXikf]k_\Klib`j_^fm\ied\ekk_XkXeXlkfefdfljBli[`jkXe I\^`fe`jXg\idXe\ekXe[c\^`k`dXk\Ôokli\fek_\@iXh`gfc`k`ZXc cXe[jZXg\k_Xk_Xj#Xjfe\fYj\im\iglk`k#È`ejk`klk`feXc`q\[`kj\c]É% Dfi\YifX[cp#k_\j\\m\ekjn\i\jpdgkfdXk`Zf]k_\k\Zkfe`Zj_`]k During his groundbreaking visit to Ankara in June 2010, Kurdistan Region President Masoud Barzani met with Turkish Foreign Minister Ahmet Davutoglu *. */ JK89@C@KP K_\jki\e^k_\e`e^f]i\cXk`fej Y\kn\\e8ebXiXXe[<iY`c p`\c[jj`^e`ÔZXek\Zfefd`Z Y\e\Ôkj]fiYfk_j`[\j `ek_\i\cXk`fej_`gY\kn\\e8ebXiXXe[k_\BI>k_Xk_XjfZZlii\[ fm\ik_\cXjkZflgc\f]p\Xij%8i\cXk`fej_`gfeZ\Z_XiXZk\i`q\[Yp 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@iXh`=i\\[fd\]]\Zk`m\cpdXi^`eXc`q\[8ebXiX]ifdgfjk$nXi gfc`k`ZXc[\m\cfgd\ekj`e@iXh%;\mf`[f]XepkXe^`Yc\`eÕl\eZ\ fm\ile]fc[`e^\m\ekj`e@iXh#`knXji\[lZ\[kf`jjl`e^fd`eflj k_i\Xkj]ifdk_\j`[\c`e\j#n_`Z_`k_X[e\`k_\ik_\n`ccefik_\ ZXgXZ`kpkfZXiipflk% N`k_efk_`e^kfY\^X`e\[]ifdXgfc`Zpf]fm\ik_fjk`c`kp kfnXi[k_\BI>#k_\Klib`j_^fm\ied\ekn`j\cpjn`kZ_\[Zflij\ [li`e^)''/$'02k_\i\X]k\i#Xdfi\jkl[`\[Xe[jkXk\jdXec`b\ XggifXZ_kfi\cXk`fejn`k_k_\BI>_Xjp`\c[\[dXafiY\e\Ôkj]fi Klib\p%K_\`dd`e\ek[\gXikli\f]8d\i`ZXekiffgj#d\Xen_`c\# n`ccZi\Xk\XeÈ`eÕl\eZ\mXZlldÉ`e@iXhk_Xki\^`feXcgfn\ij# efkXYcp@iXe#n`ccZfdg\k\kfÔcc%8ebXiXËjY\jk_fg\f]`eÕl\eZ`e^ \m\ekj`e9X^_[X[n`ccY\m`X^ff[i\cXk`fejn`k_@iXh`Bli[j% ?\eZ\#]fi8ebXiX#k_\ifX[kf9X^_[X[ilejk_ifl^_<iY`c% =`eXccp#Xe[dfjkfYm`fljcp#k_\jki\e^k_\e`e^f]i\cXk`fej Y\kn\\e8ebXiXXe[<iY`cp`\c[jj`^e`ÔZXek\Zfefd`ZY\e\Ôkj]fi Yfk_j`[\j%K_\eldY\ijk_\dj\cm\jXi\kilcp`dgi\jj`m\1`e)''0# Turkish companies play a major role in Kurdistan’s oil and gas sector kiX[\Y\kn\\ek_\Bli[`jkXeI\^`feXe[Klib\pi\XZ_\[Xe \jk`dXk\[/$0Y`cc`fe`emXcl\2jfd\-'g\iZ\ekf]k_\]fi\`^e ZfdgXe`\jfg\iXk`e^`ek_\I\^`feXi\Klib`j_2Xe[#g\i_Xgj# /'g\iZ\ekf]^ff[jZfejld\[`ek_\I\^`feXi\f]Klib`j_fi`^`e% K_\j\eldY\ijcffbj\kkf`eZi\Xj\j`^e`ÔZXekcp`]k_\^fm\ied\ek f]Klib\pXe[k_\Bli[`jkXeI\^`fejlZZ\\[`e\jkXYc`j_`e^k_\ \em`jX^\[]i\\$kiX[\qfe\XZifjjk_\`iZfddfeYfi[\i% K_\i\Xi\\m\eKlib`j_`ek\i\jkj`emfcm\[`ek_\Zfekifm\ij`Xc f`cXe[^Xjj\Zkfi%=fi\oXdgc\#>\e\c<e\ia`fnej++g\iZ\ekf] k_\KXhKXhf`cÔ\c[#n_`c\Xefk_\iKlib`j_ZfdgXep#G\kf`c#`j`ek_\ gifZ\jjf]gldg`e^,'d`cc`fe`ekf[\m\cfg`e^f`cXe[^Xj`ek_\ Bli[`jkXeI\^`fe%@ek_\cfe^\ik\id#k_\i\Xi\gcXejkfc`eblg @iXhËjf`cXe[^Xji\j\im\j#m`Xk_\Bli[`jkXeI\^`fe#kfk_\dX`e EXYlZZfg`g\c`e\%K_`jnflc[dXb\Klib\pXdXafiflkc\k]fik_\ \ogfikf]@iXhËjf`cXe[^Xjkf<lifg\#Xe[gifm`[\jkife^ `eZ\ek`m\j]fiXccj`[\jkfdX`ekX`eZfi[`Xci\cXk`fej% 8ck_fl^_k_\i\Xi\Zc\Xicp`jjl\jk_Xk_Xm\k_\ZXgXZ`kpkf [`jkliYi\cXk`fejY\kn\\e8ebXiXXe[<iY`c`ek_\]lkli\#jlZ_Xj k_\Zfek`el\[gi\j\eZ\f]k_\GBBfe@iXh`Bli[`j_k\ii`kfipXe[k_\ ]Xk\f]f`c$i`Z_[`jglk\[k\ii`kfi`\j`eefik_\ie@iXh#k_\[\\g\ik_\ i\cXk`fej_`gY\Zfd\j#k_\\Xj`\i`k`jkf\em`jX^\jlZ_gifYc\dj Y\`e^[\Xckn`k_`eXjg`i`kf]dXkli\Zfej\ejlj%E\`k_\ij`[\_Xj dlZ_kf^X`e#Xe[Yfk__Xm\XeXn]lccfkkfcfj\#]ifdXi\kliekf k_\gfc`k`Zjf]Zfe]ifekXk`fe%■ JK89@C@KP Fggfikle`kpkf]fi^\Ôid\ic`ebj President of the Kurdistan Region Masoud Barzani (third from left), at a meeting with US President Barack Obama in the Oval Office, Washington DC, in January 2010 K_\Xci\X[pZcfj\i\cXk`fej_`gY\kn\\ek_\Bli[`jkXe I\^`feXe[k_\Le`k\[JkXk\j`jj\kkfY\Zfd\jkife^\i# ni`k\jHlYX[KXcXYXe`#BI>i\gi\j\ekXk`m\`ek_\LJ 8jk_\Le`k\[JkXk\j\ek\ijXe\ng_Xj\f]`kji\cXk`fej_`gn`k_ @iXh#`kj_flc[Y\\efidfljcpgifl[f]_fn]Xik_\ZflekipXjX n_fc\#Xe[k_\Bli[`jkXeI\^`fejg\Z`ÔZXccp#_XjZfd\%K_\LJ j_flc[Y\\hlXccp\oZ`k\[XYflkk_\gif^i\jjn\Xi\jki`m`e^kf dXb\%K_\Bli[`jkXeI\^`fef]@iXh`j#`edXepnXpj#XjlZZ\jj jkfip%K_Xebjkfk_\jXZi`ÔZ\jXe[mXcfif]LJXe[ZfXc`k`fekiffgj# 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State Hillary Clinton meeting KRG President Masoud Barzani at the State Department, Washington DC, during his visit in January 2010 k_\Bfi\Xejkfe\`^_YfijjlZ_XjKlib\pÆÔe[flie\n \Zfefdpm`YiXek#gifd`j`e^Xe[]lccf]fggfikle`kp%N\_fg\ k_Xkk_`j\ek_lj`Xjdn`ccjgi\X[kfk_\LJgi`mXk\j\Zkfi#Xj k_\fggfikle`k`\jXi\gc\ek`]lc% Flijkfip]ifdk_\Bli[`jkXeI\^`fe_XjY\\elgc`]k`e^#Ylk k_\i\`jdfi\kfZfd\%Fligfc`ZpkfY\Zfd\XdXafigif[lZ\i Xe[jlggc`\if]gfn\ijki\e^k_\ejflijkXe[`e^`e@iXhXe[ Y\pfe[%Fli]fZljfe`em\jk`e^`efli]lkli\YpXggifgi`Xk`e^ (''d`cc`fefej\e[`e^jkl[\ekjXYifX[]fiDXjk\ijXe[ ;fZkfiXk\hlXc`ÔZXk`fejle[\ijZfi\jfli]finXi[$k_`eb`e^ XggifXZ_%N\le[\ijkXe[k_Xk^i\Xk\igfc`k`ZXc#[\dfZiXk`ZXe[ \Zfefd`Zi\]fidjXi\e\Z\jjXip%N\Xi\nfib`e^fek_\d#Xe[ n\Xi\fek_\i`^_kgXk_% 8jk_\LJZfek`el\j[iXn`e^[fne`kjd`c`kXip]fiZ\j`e @iXh#k_\BI>cffbj]finXi[kf`eZi\Xj\[[`gcfdXk`ZXe[ \Zfefd`Zi\cXk`fejY\kn\\ek_\LJ#@iXhXe[k_\Bli[`jkXe I\^`fe%Dfi\fm\i#k_\BI>n\cZfd\jk_\LJ;\gXikd\ekf] JkXk\Ëj[\Z`j`fekf\jkXYc`j_X[`gcfdXk`ZZfejlcXk\`e<iY`c 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k_\]kXe[Yli^cXip#Xe[jfd\m`fc\ekZi`d\Xjn\cc%?fn\m\i# XcdfjkXcck_\m`fc\ekZi`d\`jn_Xk@nflc[ZXccjfZ`Xc`eeXkli\#`e k_Xkk_\g\ig\kiXkfijbefn\XZ_fk_\iXe[k_\`eZ`[\ekjXi\f]k\e Y\kn\\e#fin`k_`e#]Xd`c`\j% @ejg`k\f]Xccf]k_\j\Z_Xcc\e^\j#n\Xi\[\[`ZXk\[kf gifk\Zk`e^Bli[`jkXen_`c\fg\iXk`e^n`k_`ek_\cXn%@k_XjY\\eX b\pgi`eZ`gc\f]k_\Bli[`jkXeI\^`feXc>fm\ied\ekkf\ejli\k_Xk flij\Zli`kp]fiZ\jle[\ijkXe[Xe[i\jg\Zkk_\gi`eZ`gc\jf] _ldXei`^_kj#Xe[kfY\Zfd\^lXi[`Xejf]X[\dfZiXk`Zc`]\jkpc\# Z`m`cjfZ`\kpXe[#`egXik`ZlcXi#nfd\eËji`^_kj% @eflkc`e`e^flij\Zli`kpj`klXk`fe#`k`j`dgfikXekkf le[\ijkXe[k_Xk@iXh`Bli[`jkXe`jm\ip[`]]\i\ek]ifdk_\i\jkf] @iXh%:\ikX`ecpk_\i\_XjY\\e`dgifm\d\ek`ek_\jflk_f]@iXh# Ylkn\_Xm\\eafp\[X_\X[jkXik`ejkXY`c`kp%Flig\fgc\Xi\ fgk`d`jk`ZXjk_\pj\\e\n[\m\cfgd\ekXe[ZfejkilZk`fe^f`e^ feXifle[k_\dXe[X^fm\ied\eknfib`e^kf`dgifm\j\im`Z\j Xe[hlXc`kpf]c`]\% DXep`em\jkfijXe[[\m\cfg\ij`ek_\`ek\ieXk`feXcYlj`e\jj Zfddle`kpXcjfj\\i\Xjfej]fifgk`d`jdXe[Xi\cffb`e^kf Bli[`jkXeXjk_\`i^Xk\nXpkfk_\i\jkf]@iXh#Xjk_\pZXejX]\cp \jkXYc`j__\X[hlXik\ij_\i\%K_\pn`cck_\eY\gf`j\[kfkXb\ X[mXekX^\f]flicfZXk`feXjk_\j\Zli`kp\em`ifed\ekZfek`el\j kf`dgifm\]lik_\i`ek_\i\jkf]@iXh%■ Vance contributes to making your world secure Vance PZH[Y\Z[LKZLJ\YP[`WHY[ULYVMMLYPUN NSVIHSYPZRJVUZ\S[PUNTHYRL[LU[Y`Z[YH[LN` WYVQLJ[YPZRHZZLZZTLU[JVU[PUNLUJ`WSHUUPUN JSVZL WYV[LJ[PVU JYPZPZ YLZWVUZL HUK YPZR HUHS`ZPZZLY]PJLZ[VTHQVYVPSNHZJVYWVYH[PVUZ HYV\UK[OL^VYSK>LMVJ\ZVUHUKHZZPZ[`V\ PUHJOPL]PUN`V\YZ[YH[LNPJI\ZPULZZVIQLJ[P]LZ ^P[OPUHJSLHYS`KLÄULKVWLYH[PVUHSMYHTL^VYR HUK OLSW JSPLU[Z PU avoiding disruptions, ensuring business continuity HUK sustaining profitability Contact a Vance expert ,4,( (TLYPJHZ oilandgas @ vanceglobal.com vanceglobal.com Global expertise in the oil & gas sector Strong awareness of political and environmental sensitivities In-depth intelligence Local engagement, culturally sensitive Low profile approach Experienced in recruiting, vetting and managing local staff Dedicated security teams matched to your needs Focused awareness training to your staff to operate effectively Discreet, professional and tailored security solutions SPONSORED FEATURE Oliver Westmacott is president of GardaWorld, Garda’s (TSX:GW) Global Risk Consulting Group. How long has GardaWorld had an interest in Kurdistan? Gardaworld is extremely proud to have been the first international security provider to focus on the Kurdistan Region, with dedicated operations starting in 2003. We focused on building a business using Kurdish personnel, primarily with expatriates purely in training and management functions. The intention to be the first security provider in the Kurdistan Regional Government (KRG) to focus on the oil and gas sector came to fruition in 2005 with the commencement of seismic operations on the Taq Taq concession. Today, 95 percent of our personnel are Kurds, many of whom have been with our company for more than five years. Initially, our business focused on providing security for telecommunications and electrical power-line infrastructure projects, which progressed to providing cover for more than 3,000 sq km of oil and gas exploration acreage, and low-profile Kurdish-led executive protection for over 20 clients. Working with our clients on Corporate Social Responsibility programmes is also a growing area for us. We provide increasing amounts of remote primary-care medical support to rural communities within oil and gas concession areas, with which we actively engage to determine ways our clients can assist – from building schools to providing electricity, or drilling wells. What is the security situation like on the ground? Security in the Kurdistan Region remains very stable. Since establishing operations in the Region in 2003, there has not been a single terrorist incident targeting foreigners, and there has not been a significant successful attack in the Region in more than two years. The current economic boom is bringing with it ever-increasing numbers of foreign workers and large-scale commercial tourism, and retail projects are now commonplace. What are your guiding principles? To provide as high a quality service to international best practice standards using as great a proportion of Kurdish people as possible, to invest heavily in training, internal career progression, and paying competitive salaries. As a global publicly listed company, we are bound to the highest ethical standards and are able to leverage our international experience. As a major security services operator in the Region, we consider ourselves to be unique in this respect. What does the future hold for the Kurdistan Region? The KRG is clearly leading the way in Iraq by ensuring an environment that is extremely appealing to both domestic and foreign investors, with its huge opportunities in a variety of business sectors, particularly agriculture, tourism and oil and gas. I am extremely excited by the economic, political and social progress that is being made in the Region. With the eagerly anticipated resolution of the Oil Law, which will clarify the economic future of the Region, Kurdistan promises to be one of the most exciting regions of the Middle East in the coming years. info@garda-world.com www.garda-world.com J<:LI@KP 8jX]\i \em`ifed\ek ]fi`em\jkd\ek Masrour Barzani, Head of the Kurdistan Region Security Protection Agency 8e`ek\im`\nn`k_DXjifli9XiqXe`#?\X[f]k_\ Bli[`jkXeI\^`feËjJ\Zli`kpGifk\Zk`fe8^\eZp :Xepflflkc`e\k_\`dgifm\d\ekjdX[\`ek_\j\Zli`kpj`klXk`fe `ek_\Bli[`jkXeI\^`fe`ei\Z\ekp\Xij6 K_\Bli[`jkXeI\^`fe_XjY\\ei\cXk`m\cpjX]\`egXjkp\Xij#Ylk effe\ZXe^lXiXek\\XYjfclk\j\Zli`kpXepn_\i\`ek_\nfic[% K_\\Zfefd`ZYffd#k_\gi\j\eZ\Xe[`em\jkd\ekjf]k_\ k_fljXe[jf]]fi\`^eZfdgXe`\j#k_\\jkXYc`j_d\ekf][`gcfdXk`Z d`jj`fej#gXik`ZlcXicp`e<iY`c#Xe[#f]Zflij\#q\if]fi\`^em`Zk`dj Xi\k_\Y\eZ_dXibjf]XjX]\Xe[jkXYc\j`klXk`fe% N_p`jj\Zli`kp^ff[`ek_\Bli[`jkXeI\^`fe6 K_\i\Xi\dXepi\Xjfej%Kfd\ek`fealjkX]\n1k_\[\[`ZXk`fef] flif]ÔZ\ijXe[g\ijfee\cn_fk`i\c\jjcp[\mfk\k_\dj\cm\jkf 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=fi\`^e`em\jkd\ekn`k_`ek_\\c\Zki`Z`kpj\Zkfiefnd\Xejk_Xk k_\i\`jX_l^\[`]]\i\eZ\Y\kn\\ek_\jkXkljf]\c\Zki`Z`kp gifm`j`fe`eBli[`jkXeXe[k_\i\jkf]@iXh%9pjfcm`e^jlZ_XdXafi gifYc\d`ek_`jnXp#n\_Xm\^X`e\[mXclXYc\\og\i`\eZ\Xe[Xi\ efn\ogXe[`e^kffk_\ij\Zkfijn`k_`ek_\I\^`fe% 8ZZfi[`e^kfflijkXk`jk`Zj#k_\i\`jZlii\ekcpXe\\[]fi (*,#'''_flj`e^le`kjXZifjjk_\Bli[`jkXeI\^`fe%K_`j`jn_\i\ `em\jkfijXe[k_\gi`mXk\j\ZkfiZXegcXpXe`dgfikXekifc\%Efk The construction sector holds potential for foreign investors fecp[f\jk_\_flj`e^j\Zkfigifm`[\Xj`^e`ÔZXekfggfikle`kp]fi ]fi\`^e`em\jkd\ek#Ylk`kXcjf\ejli\jXi\kliefe`em\jkd\ek j`eZ\k_\BI>_Xj\jkXYc`j_\[k_\_flj`e^Ôe[n_`Z_#cXjkp\Xi# jg\Z`ÔZXccpXccfZXk\[)''d`cc`fekfY\jg\ek`ejlZ_XnXpk_Xk ^lXiXek\\[XgifÔk]fik_\`em\jkfij% K_\Bli[`jkXeI\^`fe\ogXe[jXZifjj/'#'''jhbdXe[# [\jg`k\`kjmXjkliYXeXe[iliXcXi\Xj#k_\i\`jefkfe\j`e^c\ _`^_nXpRf]Xe`ek\ieXk`feXcjkXe[Xi[T%K_\i\]fi\#k_\ifX[ ZfejkilZk`fej\Zkfi`jXefk_\iXi\Xk_Xkgifm`[\jj`^e`ÔZXek `em\jkd\ekgifjg\Zkjj`eZ\`k_Xjp\kkfY\i\XZ_\[Ypk_\gi`mXk\ 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[\m\cfg\[fm\ik_\cXjkk_i\\p\Xij%=fik_\Ôijkk`d\`eBli[`jkXeËj _`jkfip#k_\j\Y`^Z`k`\jXi\efn\ogXe[`e^`eXdfi\fi^Xe`j\[nXp# iXk_\ik_XeXZ_Xfk`ZnXpc`b\`ek_\(00'j#Xe[Y\]fi\%Dfi\fm\i# k_\cXp\ijXe[[`d\ej`fejf]k_`j\ogXej`feXi\efnjligXjj`e^k_\ liYXeXi\Xj2]le[j_Xm\Y\\eXccfZXk\[n`k_`ek_\`em\jkd\ek Yl[^\kkf\eXYc\^fm\iefiXk\jkf[\m\cfgdXjk\igcXej]fik_\ kfnejXjn\cc#]fZlj`e^fe[`jki`ZkjXe[jfd\jlY$[`jki`Zkj% K_`jD`e`jkipf]GcXee`e^j\\djm\ipn\ccgcXZ\[kfZfdYXkk_\ gifYc\djf]Zfiilgk`fek_Xk\o`jk\[n`k_`ek_\BI>%:Xepfli\Õ\Zk fek_\`dgifm\[m`j`fef]k_\BI>Xe[\ogcX`en_p`em\jkfij j_flc[Zfej`[\ik_\Bli[`jkXeI\^`feXjX]\gcXZ\kf`em\jk6 @em\jkfijj_flc[Y\`ek\i\jk\[`eBli[`jkXeXe[]\\cZfeÔ[\ekk_Xk k_\`idfe\pn`ccY\`em\jk\[n`j\cp%Lek`c]flip\XijX^f#k_\BI> _X[ef`emfcm\d\ekn`k_`em\jkfijXe[k_\[\Xcjk_Xkn\i\ \jkXYc`j_\[%?fn\m\i#k_`j`jXm\ip[`]]\i\ekjkfipkf[Xp2n\efn _Xm\i\^lcXk`fej`egcXZ\#jlZ_Xjk_\@em\jkd\ekCXn#n_`Z_ ^lXiXek\\kfkXcgifk\Zk`fe]fik_\`em\jkfi% @ek\idjf]m`j`fe#k_\BI>`jZfejkXekcpjki`m`e^kf`dgifm\ k_\glYc`ZXe[gi`mXk\j\Zkfijf]k_\I\^`fe%J`eZ\)''.#k_\BI> _XjXZZ\gk\[_\cg]ifd`ek\ieXk`feXcfi^Xe`jXk`fejjlZ_XjGn: Gi`Z\nXk\i_flj\:ffg\ij #BGD>Xe[k_\LBËjEXk`feXcJZ_ffcf] >fm\ied\ek`efi[\ikf`dgifm\k_\hlXc`kpXjjliXeZ\f]k_\ BI>Ëjg\i]fidXeZ\`ek_\mXi`fljj\ZkfijÇXZ_Xe^\k_Xkn\ZXe [\Ôe`k\cp]\\c`j_Xgg\e`e^]fik_\Y\kk\i%K_\^ifnk_`eBli[`jkXe n`ccY\m\ip]Xjkfm\ik_\e\ok]\np\XijXe[XjX[`i\Zki\jlck# n\n`ccZfek`el\kfcffbkfk_\`ek\ieXk`feXcZfddle`kp#jlZ_Xj ]fi\`^e`em\jkfij#]fi_\cgXe[Xjj`jkXeZ\`efi[\ikfdXb\k_\ dfjkf]k_\fggfikle`k`\jk_Xkn`ccXi`j\%■ The population of Erbil is experiencing the benefits of increasing foreign investment in Kurdistan with the growth of leisure facilities across the city SPONSORED FEATURE The world’s economic struggles in recent years do not seem to have affected Iraq as much as the political volatility that has held back its economy and the rebuilding of the country Having been present in the Iraqi real-estate market for a decade, ATCONZ has accumulated a good understanding of how the ‘big machine’ works, and has considered where, when and how to start rebuilding Iraq. We found the answers in 2005, when we engaged in a Kurdistan-Iraq market survey, which resulted in a $100 million housing project north of Erbil. The project is expected to be completed at the end of 2012. In total, 263 all-sector licenses were awarded by BOI in the Kurdistan Region between August 2006 and August 2010, of which 78 were allocated to housing projects, with investments of $5.807 billion – 42.19 percent of the $13.766 billion total capital invested through all 263 licenses. Common opinion is that joint-venture (JV) investment allows for a truly beneficial investment partnership, with the transfer of education, management skills and professional workmanship. However, statistics show that this type of investment represents only 4.83 percent of the capital invested and, collectively, the foreign and JV investments represent only Type of investment Number of projects 14 percent of total projects. Perhaps this is why economic development is moving at such a slow pace. In our opinion, unless these figures reach thresholds of 30 to 40 percent in the medium to long term, Kurdistan-Iraq will not see serious economic development. There are many opportunities for foreign investors to enrich the local economy and create the solid foundation for future growth and prosperity. According to a UN report, the growth rate of the population 2007 was 8.1 percent, which is considered very high. Twenty thousand new units were needed yearly in Erbil alone from 2007 onwards, and the KRG has started to implement housing programs such as the Housing Fund, which targets the lowincome population. We have identified the following major challenges in the housing sector: s5NDERDEVELOPEDINFRASTRUCTURESERVICES s4HEHIGHCOSTOFBUILDINGMATERIALS s,ACKOFlNANCEORHIGHINTERESTRATES s,ACKOFFOREIGNINVESTMENT % by type % in capital $ Volume National 226 86 68.7 Foreign* 20 7.6 26.42 Joint Venture** 17 6.4 4.83 *Only 11 foreign investment countries listed. In our observation, the UAE and Kingdom of Saudi Arabia, Iran, Japan, China, India, Australia, Italy are not included on that list. ** From the KRG BOI data, UAE joint venture with Iraqi companies. Total investment is $11.55 million, Iran $1.85 million and some major countries are non-existing. s.O STRINGENT QUALITY ASSURANCECONTROL BY authorities to enforce accepted international or local standards s#ULTURALFACTORS Using our experience as investors, developers, contractors and traders, we can carry out multiple projects in the KRG and the rest of Iraq. We believe that the challenges facing the housing sector can be addressed by implementing a special program involving a pragmatic partnership between three parties: government; financial organizations, and developers. We know that the government is willing to assign free lands for housing projects and, as an oil-rich state, can afford to subsidize mortgage interest rates. It could also offer state guarantees to financial organizations, making it possible for experienced developers to start work immediately on the development of Iraq’s infrastructure and the completion of integrated projects, in compliance with local and international standards. Such a program will be successful if it is implemented by a strong government. dean.michael@atconz.net ,) K?<M@J@FE 9ffjk`e^\ogfikj kfYXcXeZ\kiX[\ 8e`ek\im`\nn`k_J`eXe:_XcXY`#D`e`jk\if]KiX[\Xe[ @e[ljkip`ek_\Bli[`jkXeI\^`feXc>fm\ied\ek D`e`jk\i#gc\Xj\gifm`[\Xefm\im`\nf]k_\Zlii\ekjkXkljf]`e[ljkip `eBli[`jkXe#Xe[k_\jkiXk\^p]figifdfk`e^kiX[\n`k_`ek_\I\^`fe% @_Xm\Y\\eD`e`jk\if]KiX[\Xe[@e[ljkipj`eZ\k_\\jkXYc`j_d\ek f]k_\j`ok_ZXY`e\kf]k_\BI>`eFZkfY\i)''0%=ifdk_\Ôijk[Xpf] dpXggf`ekd\ek#`knXjZc\Xik_Xkk_\\Zfefd`ZZ_XiXZk\i`jk`Zjf] k_\Bli[`jkXeI\^`fe_X[Z_Xe^\[[iXdXk`ZXccpj`eZ\)''*%K_\fc[ jpjk\d#[fd`eXk\[YpjfZ`Xck`\j#_X[Y\\ei\gcXZ\[YpXefg\e$ dXib\kjpjk\d#`efi[\ikf`ek\^iXk\Bli[`jkXen`k_k_\i\jkf]k_\ nfic[%=XZkfi`\jk_Xk_X[]fid\icpY\cfe^\[kfk_\BI>n\i\jfc[kf k_\gi`mXk\j\Zkfi#n`k_k_\`ek\ek`fek_Xkk_\pdljkkXb\k_\c\X[% N`k_i\^Xi[kfgifdfk`e^kiX[\#n\Xi\`dgfik`e^ Xggifo`dXk\cp0'g\iZ\ekf]^ff[j]ifdflkj`[\Ç]ff[# dXel]XZkli\[^ff[j#Xe[jffeÇXe[_Xm\Y\\eXYc\kf[fjfXj 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`ek\ek`fef]jki\e^k_\e`e^Xe[`eZi\Xj`e^kiX[\%N\Y\c`\m\k_Xk `em\jkd\ekj]ifdk_\gi`mXk\j\Zkfij_flc[Y\Zfd\fe\f]k_\ dX`eg`ccXijf]fli\Zfefdp#Xe[Xi\k_\i\]fi\Zfdd`kk\[kf f]]\i`e^XjX]\Xe[gifk\Zk`m\\em`ifed\ek]fi]fi\`^e`em\jkd\ek kf[\m\cfg`eBli[`jkXe% @k`j]X`ikfjXpk_Xkk_\mXi`fljj\Zkfijf]`e[ljkipn`k_`ek_\ I\^`feXi\le[\i[\m\cfg\[#gi\j\ek`e^j`^e`ÔZXekfggfikle`k`\j ]fi`em\jkd\ek%N_Xk[fpflk_`ebgfk\ek`Xc`em\jkfijj_flc[Y\ cffb`e^Xk#jg\Z`ÔZXccp6 Bli[`jkXe_Xjjl]]\i\[]ifd[\ZX[\jf]le[\i`em\jkd\ek% Gi\m`fljcp#fecpgifa\ZkjXe[`em\jkd\ekjk_Xkn\i\Y\e\ÔZ`Xc ]fik_\i\jkf]@iXhn\i\`dgc\d\ek\[`ek_\efik_1]fi\oXdgc\# [Xdjn\i\ZfejkilZk\[`efi[\i]fik_\i\jkf]@iXhkfZfekifck_\ nXk\ic\m\cjXe[kf^\e\iXk\\c\Zki`Z`kp% ?fn\m\i#efZfej`[\iXk`fenXj^`m\ekfk_\X^i`ZlckliXc Xjg\Zkf]k_\I\^`fe%K_\i\]fi\#Bli[`jkXe`jefn\og\i`\eZ`e^ ^i\Xk]X`c`e^jn`k_`ek_`jj\Zkfif]`e[ljkip#n_`Z_Zc\Xicpgi\j\ekjX j`^e`ÔZXekfggfikle`kp`ek_\]lkli\% Bli[`jkXe`j`eXe`ek\i\jk`e^^\f\Zfefd`Zgfj`k`fe#f]k\e [\jZi`Y\[Xjn\XbY\ZXlj\`k`jcXe[cfZb\[#p\kXg`mfkXcI\^`fe Xdfe^dXep[`]]\i\ekjkXk\j%KiX[\`jXm\ip`dgfikXekgXikf] k_Xkg`mfkXcXjg\Zk%?fnj`^e`ÔZXek`jkiX[\Y\kn\\eBli[`jkXe Xe[k_\n`[\iD`[[c\<Xjk6 N\_Xm\kiX[\n`k_@iXe#C\YXefeXe[k_\L8<%?fn\m\i#k_\ ^i\Xk\jkkiX[\n\_Xm\`jn`k_Klib\p#fn`e^kf`kj_`^_$hlXc`kp K?<M@J@FE Further investment in industry will be needed to increase Kurdistan’s exports Gi`d\D`e`jk\i;i9Xi_XdJXc`_ gif[lZkjXe[k_\`dgifm\d\ekf]fligfc`k`ZXci\cXk`fej_`gn`k_`k% F]k_\(#(.']fi\`^eZfdgXe`\jZlii\ekcpi\^`jk\i\[le[\ik_\ @em\jkd\ekCXn#Xggifo`dXk\cp-'g\iZ\ekXi\Klib`j_% =lik_\idfi\#@iXh_Xjj`^e\[XkfkXcf]+/gifkfZfcjn`k_ Klib\pXe[`jgcXee`e^kfZfejkilZkknf\okiXYi`[^\jfm\ik_\ B_XYfliI`m\i`eXek`Z`gXk`fef]k_\_l^\`eZi\Xj\f]kiX[\ k_ifl^_k_\@YiX_`dB_Xc`ccXe[gfik%K_\Zfdgc\k`fef]k_\_`^_nXp ]ifdD\ij`ekfQXb_fn`ccXcjf]XZ`c`kXk\Xe[\eZfliX^\kiX[\ Y\kn\\ek_\j\knfZfleki`\j% 9\kn\\eDXp)''0Xe[DXp)'('#(#+++e\nZfdgXe`\jn\i\ i\^`jk\i\[n`k_k_\BI>#Xi`j\f]Xcdfjk(+g\iZ\ek`efe\p\Xi%F] k_\j\#(',n\i\]fi\`^eZfdgXe`\j%K_`j`eZi\Xj\\dg_Xj`j\jk_\ 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^^^LPML_WVJVT Al Mashraq Street, Villa #2, Hadiab, Ankawa, Erbil - Iraq, Tel: +964 66 2567634, +964 66 2645511 , Fax: +44 20 71066688, , Email: info@ifpiraq.com Upcoming Events and Exhibitions Lebanon Qatar Riyadh - KSA KSA Iraq Jordan Kuwait City Kuwait Beirut - Lebanon 18 - 22 MAY 27 - 31 MARCH 31 MAY - 3 JUNE Kuwait 20 - 24 NOVEMBER Amman - Jordan 31 MAY - 3 JUNE 10 - 13 APRIL 9 - 12 MAY 22 - 26 JUNE 16 - 19 MAY 9 - 12 MAY 16 - 19 MAY 17 - 18 OCTOBER 21 - 23 JUNE 6 - 9 DECEMBER 29 MAY - 1 JUNE Doha - Qatar 29 MAY - 1 JUNE 2 - 5 MAY 19 - 22 SEPTEMBER 2 - 5 MAY 2 - 5 MAY 16 - 19 OCTOBER , 28 NOVEMBER - 1 DECEMBER 28 NOVEMBER - 1 DECEMBER 2 - 5 MAY Erbil - Iraq 19 - 22 SEPTEMBER 19 - 22 SEPTEMBER 19 - 22 SEPTEMBER 3 - 6 OCTOBER 4 - 6 OCTOBER 24 - 26 MAY 24 - 27 OCTOBER 28 NOVEMBER - 1 DECEMBER 22 - 24 NOVEMBER 21 - 24 NOVEMBER 11 - 15 DECEMBER P.O. Box 55576, Beirut, Lebanon, Tel: +961 5 959111 Fax: +961 5 959888, Email: info@ifpexpo.com www.ifpgroup.net ,/ K?<M@<N=IFD89IF8; 9l`c[`e^ i\cXk`fej_`gj XZifjjYfi[\ij Falah Mustafa Bakir 8e`ek\im`\nn`k_=XcX_DljkX]X9Xb`i#?\X[f]k_\ BI>Ëj;\gXikd\ekf]=fi\`^eI\cXk`fej D`e`jk\i9Xb`i#Xjpflbefn#`em\jkfijXe[gi`mXk\$j\Zkfi i\gi\j\ekXk`m\jXkkXZ_^i\Xk`dgfikXeZ\kfk_\XY`c`kpf]k_\ Bli[`jkXeI\^`fekfdX`ekX`ejkife^i\cXk`fejn`k_d\dY\ij f]k_\`ek\ieXk`feXcZfddle`kp%:Xepflk\ccljXYflkk_\ [\m\cfgd\ekf]k_\;\gXikd\ekf]=fi\`^eI\cXk`fejXe[ `kjifc\n`k_`ek_\BI>6 K_\;\gXikd\ekf]=fi\`^eI\cXk`fej;=I ZXd\XYflk Y\ZXlj\f]X^ifn`e^e\\[kfY\kk\iZffi[`eXk\fli`ek\iXZk`fe n`k_]fi\`^ei\gi\j\ekXk`m\jXe[m`j`kfij%@knXj#`edXepnXpj# XeXkliXcgif^i\jj`fe#Xe[@Y\c`\m\k_Xkk_\[\gXikd\ekefn j\im\jXe`dgfikXekXe[le`hl\gligfj\]fik_\BI>%G\ijfeXccp# `k_XjY\\eXgc\Xjli\Xe[Xe_fefikfgXik`Z`gXk\`eXZi`k`ZXc Xjg\Zkf]BI>gfc`Zp#Zi\Xk`e^gXike\ij_`gjfm\ij\XjXe[ jki\e^k_\e`e^]i`\e[j_`gjn`k_b\pXcc`\j#`eZffi[`eXk`fen`k_ @iXhËj]\[\iXc=fi\`^eD`e`jkip% 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<Xjk`jY\`e^i\Zf^e`j\[`ek_\LB%Bli[`jkXe`jgXikf]@iXhXe[Xk k_\_\Xikf]k_\D`[[c\<Xjk2`k`jXkk_\ZifjjifX[jf]J_`XXe[ Jlee`@jcXd#Xe[_fd\kf:_i`jk`XejXe[P\q`[`j% K_\Bli[`j_c\X[\ij_`g_Xjj_fne`kjXY`c`kpkf_\cg]\ccfn @iXh`jflkf]XZi`j`jfijkXc\dXk\%=fi\oXdgc\#Bli[`jkXe_Xj Y\Zfd\XjX]\_Xm\e]fi:_i`jk`Xej\jZXg`e^k_\m`fc\eZ\`efk_\i gXikjf]@iXh%8efk_\ii\Z\ek\oXdgc\`jGi\j`[\ek9XiqXe`Ëj Bayan Sami Abdul Rahman speaks at the KRG London trade conference in June 2010 `e`k`Xk`m\kfYi`e^k_\@iXh`gfc`k`ZXcYcfZjkf^\k_\ikf]fidX ^fm\ied\ekX]k\i\`^_kdfek_jf][\X[cfZb#Xdfm\n\cZfd\[Yp 9i`kX`eËj=fi\`^eJ\Zi\kXip#N`cc`Xd?X^l\% 9i`k`j_ZfdgXe`\jXi\Xcjf`eZi\Xj`e^cpj\\`e^Bli[`jkXeXj Xg\XZ\]lc#m`YiXek[\jk`eXk`fe]fi`em\jkd\ek#Xe[Xjk_\ Zfdd\iZ`Xc^Xk\nXpkf@iXh%LBK@c\[k_\cXi^\jk9i`k`j_kiX[\ [\c\^Xk`fekfBli[`jkXe`eFZkfY\i)'('kfgXik`Z`gXk\`ek_\<iY`c @ek\ieXk`feXcKiX[\=X`i#XYi\Xbk_ifl^_k_Xk]fccfn\[k_\ jlZZ\jj]lcBli[`jkXeKiX[\Xe[@em\jkd\ek:fe]\i\eZ\`eCfe[fe X]\ndfek_j\Xic`\i% @eXefk_\ij`^ef]jki\e^k_\e`e^i\cXk`fej#k_\9i`k`j_ 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"# $" %& ' ( )# * + ,- + , . + # E8KLI8CI<JFLI:<J @eZi\Xj`e^n\Xck_n`k_f`cXe[^Xj 8e`ek\im`\nn`k_;i8j_k`?XniXd`#k_\BI>Ëj D`e`jk\if]EXkliXcI\jfliZ\j Pfl_Xm\efnY\\eD`e`jk\if]EXkliXcI\jfliZ\j]fi]flip\Xij% ;fpflZfej`[\ipflik\eli\kfY\XjlZZ\jj6 Kf[Xk\#@Xd\eZfliX^\[Ypk_\jlZZ\jjf]k_\f`cXe[^Xjj\Zkfi `eBli[`jkXe#YlkYl`c[`e^lgXe`e[ljkipXcdfjk]ifdjZiXkZ_[f\j efk_Xgg\eY\ZXlj\f]fe\g\ijfeXcfe\%@k`jXi\jlckf]k_\i`^_k gfc`Z`\j#k_\i`^_kk\Xdj#k_\i`^_kgfc`k`ZXcXe[\Zfefd`ZZc`dXk\# k_\i`^_kk`d`e^#Xe[Yi`e^`e^`ek_\i`^_kZfdgXe`\j% I\d\dY\ik_Xk#Y\ZXlj\f]k_\gfc`Z`\jf]gXjkZ\ekiXc ^fm\ied\ekjkfnXi[jBli[`jkXe#fliI\^`fenXjXe\Zfefd`Z YXZbnXk\i%N\n\i\e\m\iXYc\kfY\e\Ôk]ifdk_\n\Xck_f]eXkliXc i\jfliZ\jk_Xkn\XcnXpjbe\nnXjle[\ifli]\\k%8e[#\m\ek_fl^_ n\\eafp\[jfd\j\Zli`kple[\ij\c]$ilc\X]k\i(00(#`knXjeËklek`c k_\c`Y\iXk`fe]ifdk_\9XËXk_`jkj`e)''*#k_\ek_\]\[\iXc@iXh` Zfejk`klk`fe`e)'',#Xe[k_\BI>f`cXe[^XjcXn`e)''.#k_Xkn\ n\i\XYc\kfj\kk_\]fle[Xk`fejkfÔeXccp\ogcf`kflii\jfliZ\j]fi k_\Y\e\Ôkf]k_\g\fgc\f]Bli[`jkXe#Xjn\ccXjXccf]@iXh% Dr Ashti Hawrami, the KRG’s Minister of Natural Resources N_Xk_Xm\Y\\ek_\dX`eXZ_`\m\d\ekj6 N\_Xm\j`^e\[+*gif[lZk`fe$j_Xi`e^ZfekiXZkjn`k_jfd\+' ZfdgXe`\j#`emfcm`e^(-Zfleki`\j%K_\@F:j`ek\ieXk`feXcf`c ZfdgXe`\j _Xm\Zfdd`kk\[jfd\('Y`cc`fe`em\jkd\ek`ek_\ \e\i^pj\Zkfi`ek_\Bli[`jkXeI\^`fe%Fli[peXd`Z#gif$dXib\k XggifXZ_`jZi\Xk`e^gi`mXk\$j\ZkfiYlj`e\jjfggfikle`k`\j#efk aljk`eBli[`jkXeYlkXZifjj@iXh%K_fljXe[jf]afYjn`cci\jlck% N\_Xm\i\XZ_\[k_\gf`ekk_Xkn\ZXe`dgc\d\ekgcXej hl`Zbcpkf\ogfik(''#'''YXii\cjf]f`cg\i[XpYg[ #i`j`e^kf (,'#'''Yg[Ypk_\\e[f])'((%9p)'(+#Bli[`jkXen`ccY\XYc\kf \ogfikXkc\Xjkfe\d`cc`feYXii\cjg\i[Xp%K_Xk`jXi\XjfeXYc\ gif[lZk`fec\m\ckf\og\Zk]ifdk_\i\j\im\jk_Xkn\Xek`Z`gXk\`e Bli[`jkXe%K_\i\_Xm\Y\\e\`^_kj`^e`ÔZXekf`cÔe[j%N\\jk`dXk\ k_\gfk\ek`Xcf`ci\j\im\jXkXifle[+,Y`cc`feYXii\cj%8cck_`jd\XejX cXi^\`eZi\Xj\`ei\m\el\j]fi@iXhXjXn_fc\#^`m\ek_Xkk_\Zflekip `jZlii\ekcpgif[lZ`e^aljkfm\iknfd`cc`feYXii\cjf]f`cg\i[Xp% ?fnXYflk^Xj6 N\cc#Zfej\imXk`m\\jk`dXk\jglkk_\I\^`feËji\j\im\jY\kn\\e k_i\\Xe[j`oki`cc`feZlY`Zd\k\ij%K_`jglkjljXkk_`i[fi]flik_ gcXZ\ZfdgXi\[n`k_k_\\o`jk`e^jlggc`\ijf]g`g\[^XjkfKlib\p Xe[<lifg\%N\Xi\cffb`e^Xkk_\\oZ`k`e^gifjg\Zkf]jlggcp`e^ ^Xjkfk_\EXYlZZfg`g\c`e\#n_`Z_n`ccZXiip^Xj]ifdk_\:Xjg`Xe Xe[@iXhlgkfk_\_\Xikf]<lifg\% .( .) E8KLI8CI<JFLI:<J At present, the Kurdistan Region is exporting 100,000 barrels of oil per day 8]k\in\_Xm\[\m\cfg\[X^Xj^i`[]fi[fd\jk`Zlj\#k_\ Bli[`jkXeI\^`feZXed\\kk_\cfe^$k\idjlggcpe\\[jf] Klib\pXe[<lifg\#Y\`e^Xi\c`XYc\Xck\ieXk`m\kf\o`jk`e^^Xj jlggc`\ij%8k_fd\#n\Xi\Xci\X[plj`e^^Xjkf_\cgn`k_gfn\i ^\e\iXk`fe%:`k`q\ejf]k_\I\^`fe^\kXifle[)'_flijf] \c\Zki`Z`kpX[Xp#feXm\iX^\%K_XkËj(+$(-_flijdfi\k_Xe k_\p_X[X]\np\XijX^f#Xe[(+$(-_flijdfi\k_Xedfjk Z`k`q\ej`ek_\i\jkf]@iXh%K_\i\`jjk`ccdlZ__Xi[nfibkfY\ [fe\kf[\m\cfgfli^Xji\j\im\j#Ylk_\i\#Xjn`k_f`c#n\n`cc Y\[i`m\eYpi\jlckjiXk_\ik_Xe`[\fcf^p% >`m\ek_`jgif^i\jj`ejlZ_Xj_fikjgXZ\f]k`d\#n_p_Xm\pfli gfc`Z`\jd\kn`k_jfdlZ_fggfj`k`fe]ifd9X^_[X[6 K_\e\n@iXh_XjXe\n]\[\iXcZfejk`klk`fe#n_`Z_`jk_\ Zfie\ijkfe\f]\m\ipk_`e^n\[f%8ik`Zc\j((,Xe[()() ^`m\ i\^`fejc`b\Bli[`jkXec\^Xcjlgi\dXZpfedXkk\ijflkj`[\k_\ \oZclj`m\gfn\ijf]9X^_[X[%@ek_\XYj\eZ\f]Xepgifm`j`fe \ogc`Z`kcpjl^^\jk`e^fk_\in`j\#8ik`Zc\(((#fi]\[\iXc^fm\ied\ek Zfekifcfm\if`c#`jk_\i\]fi\jlYa\Zkkfk_\cXnjf]k_\Bli[`jkXe I\^`fe%N\Y\c`\m\`eYfk_k_\c\kk\iXe[k_\jg`i`kf]k_Xk E8KLI8CI<JFLI:<J New oil and gas fields are expected to come online in the near future :fejk`klk`fe%N\Y\c`\m\`eX^\el`e\gXike\ij_`gn`k_k_\]\[\iXc ^fm\ied\ek#gXik`ZlcXicp`ek_\f`cXe[^Xjj\Zkfi%9lk`kdljkY\ XgXike\ij_`gf]i\jg\ZkXe[Zfejk`klk`feXc`kp% N`k_jfd\g\fgc\#`kj\\dj#k_\fc[jkXk\$Z\ekiXc`q`e^_XY`kj [`\_Xi[#Ylk@k_`ebk_Xkk_`jk\e[\eZpn`ccn\Xb\eXjXcck_\dXafi gfc`k`ZXcYcfZjefni\Zf^e`q\k_\e\\[kfX[_\i\kfk_\]\[\iXc`jd gifm`j`fejXjj\kflk`ek_\:fejk`klk`fe%9lk#_fe\jkcp#@k_`ebk_\ [`efjXlik\e[\eZp#Xj@ZXcck_\d#`jY\Zfd`e^\ok`eZk%@iXhn`ccY\ jkife^\iYpi\Zf^e`q`e^`kj[`]]\i\eZ\j%8fe\$j`q\$Ôkj$Xcc XggifXZ_nfeËknfib2`ke\m\i_Xjnfib\[% JfpflXi\_fg\]lck_Xkk_\`jjl\jn`k_9X^_[X[n`ccY\i\jfcm\[6 8Yjfclk\cp#n\_Xm\nXjk\[]flip\XijXi^l`e^#dfm`e^fe\jk\g ]finXi[Xe[kXb`e^knfjk\gjYXZbÇ`knXjXccm\ip]iljkiXk`e^% 8jXi\jlck#@iXh_XjcfjkY`cc`fej`edlZ_$e\\[\[i\m\el\j ]ifd\ogfikj]ifdk_\Bli[`jkXeI\^`fe%K_\i\Z\ekgfc`k`ZXc `e`k`Xk`m\f]Gi\j`[\ek9XiqXe`kfYi`e^kf^\k_\ijlggfik]fiXe\n ]\[\iXcX[d`e`jkiXk`fe`e9X^_[X[n`cc#@Y\c`\m\#XcjfYi`e^XYflk XYi\Xbk_ifl^_`ek_\f`cXe[^Xjj\Zkfi%@knXjfe\f]k_\BI>Ëj Zfe[`k`fej]fijlggfik`e^DiDXc`b`kfY\gi`d\d`e`jk\i% Jg\Z`ÔZXccp#n_Xkn\i\pflXjb`e^]fi6 N\jX`[k_Xkn\nXek\[kfj\\X]\[\iXcf`cXe[^XjcXnXe[X ]\[\iXci\m\el\$j_Xi`e^cXn`egcXZ\Ypk_\d`[[c\f])'((%K_\j\ cXnjXi\\jj\ek`Xc]fi@iXhËj]lkli\jkXY`c`kpXe[gifjg\i`kp%N\jX`[ k_Xk#\m\eY\]fi\k_\e#n\nXekkfi\jld\\ogfikjXjjffeXj gfjj`Yc\#XjXk\dgfiXipd\Xjli\lek`ck_\j\cXnjXi\\eXZk\[% 8e[n\jX`[k_Xkk_\i\dljkY\Xe\e[kfk_\gfc`Zpf]YcXZbc`jk`e^ ., .- E8KLI8CI<JFLI:<J The fuel and energy requirements of Kurdistan’s consumers are on the rise ZfdgXe`\jk_Xknfib`eBli[`jkXe]ifdfg\iXk`e^`ek_\i\jkf] @iXh%K_Xki\XccpnXjXnife^gfc`ZpX[fgk\[Ypk_\f`cd`e`jkip`e 9X^_[X[#Xe[`knXj_Xid]lckf@iXh%Jf]Xi#n\_Xm\_X[m\ip gfj`k`m\j`^eXcj]ifdDiDXc`b`Xe[n\cffb]finXi[kfi\jfcm`e^ k_\j\`jjl\jXe[dfm`e^fe% Jfn_Xkn`ccY\k_\e\okjk\gj]fik_\f`cXe[^Xjj\Zkfi`ek_\ Bli[`jkXeI\^`fe6 N\cc#f]Zflij\#n\n`ccj\\k_\i\jldgk`fef]\ogfikj#Xe[ gifYXYcpfe\fiknfdfi\Ô\c[jn`ccY\Zfd`e^fec`e\`ek_\ efk$kff$[`jkXek]lkli\%N\n`ccXcjfY\`dgc\d\ek`e^Xe[ [\m\cfg`e^fli^XjjkiXk\^p%8jXi\jlck#n\n`ccYl`c[dfi\ i\Ôe\i`\j#dfi\gfn\igcXekj#]l\cc`e^k_\i`j\f]XjljkX`eXYc\ `e[ljki`XcXe[X^i`ZlckliXcYXj\`eBli[`jkXe#Xe[j\im`Z`e^k_\ ^ifn`e^[fd\jk`Z[\dXe[]fi\e\i^p% ;fnejki\Xd`jXcjfjfd\k_`e^n\Xi\]fZlj`e^fe# g\kifZ_\d`ZXcjXe[jffe%N\XZ_`\m\Xcck_`jk_ifl^_X k_fifl^_cpdf[\ie#gif$dXib\kXggifXZ_`en_`Z_`em\jkfij Xi\n\cZfd\%K_\jkXk\j_flc[Y\i\^lcXk`e^#efk[`ZkXk`e^% K_\f`cZfdgXe`\j_Xm\j_Xi\_fc[\ij#YfXi[jf][`i\Zkfij# Xe[`em\jkfijY\_`e[k_\d%K_\]XZkk_Xkk_\pXi\_\i\`j fYm`fljcpY\ZXlj\k_\pc`b\n_Xkn\_Xm\#n_Xkn\jXp#fli df[\c#flic\^Xc]iXd\nfib#Xe[k_\fggfikle`k`\jk_Xk\o`jk_\i\% @X[m`j\Xccnflc[$Y\`em\jkfijkfZfd\kfBli[`jkXeXe[j\\]fi k_\dj\cm\jk_\_l^\Xe[legXiXcc\c\[gifjg\Zkj]fiYlj`e\jj%■ Genel Energy is one of the first to explore for petroleum in the Kurdistan Region of Iraq and today is the biggest investor and the biggest reserve-holder in the KRG. Following successful operations in Taq Taq, Genel Energy expanded its interests to other Production Sharing Contracts (PSCs) in the Kurdistan Region of Iraq. Taq Taq and Tawke licence areas are at the development and production phase, and Kewa Chirmila, Ber Bahr, Dohuk, Miran and Chia Surkh licence areas at the exploration phase. Currently, Taq Taq and Tawke have production capacities of 60,000 bopd and 50,000 bopd respectively. Genel Energy is the operator under the Ber Bahr PSC and co-operator in Taq Taq. Genel Energy’s objective is to grow rapidly and with a view to becoming a highly regarded global E&P company. ! "# ## $ %& $# '(%)* # + , -. * 4 4 %!( +#" # ")* $*( "+ '+ *&& ")) ( 1 " " 0 23/ %#"&&!$' ! -). '$( ! ,! !$ ()$ $ *+!$ $+!"! / %& "#& "#$ "',+$ "#$ -!!# "# ! "#$ 3 / ## #6 $# # 3 # # 7 # # $ 3 # $ # # +" / 0 &# 10&2 / # 3 3 /4&# %# 3 5 # 7 . 4 ## # # 4 # # # 3 / ## # 5 7 5 # # 4 3 # # SPONSORED FEATURE DNO: exploring and shaping a better future What is the background of DNO? DNO was established as a public company and listed on the Oslo Stock Exchange in 1971. The company, which was completely revitalized in 1996, is in the upstream sector with focus on both onshore and offshore activities. The operatorship of the Heather field on the UKCS in 1997 was a stepping stone for DNO during the first growth cycle. From an offshore operatorship on the UKCS, DNO moved to onshore Yemen in 1998. Today it operates four licenses in Yemen and is partner in one. The entry to the Kurdistan Region of Iraq was in 2004 with DNO being the operator of two licenses initially, which became three following the review of the contracts in 2008. DNO has still a presence offshore with operatorship in an offshore license in UK, and is also partner in an offshore license in Equatorial Guinea. The corporate headquarters is in Oslo, with operating units in Mozambique, Yemen, Dubai, and the Kurdistan Region of Iraq. Africa and the Middle East are currently the key focus areas of DNO. What has DNO achieved in Kurdistan? Following extensive geological work, DNO decided to drill the first exploration well in Kurdistan in late 2005, on the Tawke geological anticline, close to the border with Turkey. While the acquisition and processing of seismic data was ongoing in summer 2005, DNO acquired the equipment to drill its first well in a Region where none existed at that time. The Tawke-1 exploration well discovered commercial quantities of crude oil. A field development program was initiated immediately, and a central processing facility and a 43 km export pipeline were constructed in record time, along with the drilling of additional development wells. The field was fully developed in June 2007 – only two years after commencement of seismic exploration activities on the ground. Export of crude oil from the Kurdistan Region to the international market is essential to create full value from current and future oil discoveries. Export was allowed for a short period, for about 3 months from 1 June 2009, but was halted because of non-payment for crude oil being exported. The field has, meanwhile, supplied crude oil to the local market. The first exploration well made a discovery in the Erbil PSC contract area in 2007. This field is being appraised. What are the longer-term aspirations of DNO in Kurdistan? DNO has long-term commitments to all stakeholders of the Region. At least three new exploration wells are planned for 2010-11, one in each of the licenses operated by DNO. The near-term aspirations are to have all matters resolved such that crude oil from Kurdistan will again be exported to the international markets, for the benefit of the Region, the whole of Iraq and to the oil companies engaged in E&P activities. DNO is hopeful this may happen soon. The company recommenced the export of crude oil from Tawke on 2 February 2011 at rates in excess of 65,000 bpd, and is also assisting the KRG by receiving third-party crude oil for export using the DNO export infrastructure. What focus is placed on Corporate Responsibilities? Corporate responsibilities take various shapes and forms. DNO supports local reconstruction with $12 million defined as Capacity Building Bonuses in the contracts signed with the KRG. Apart from providing jobs to the local community, DNO is also contributing greatly toward bettering the infrastructure, health, and hygiene standards of the Region. The sum of $150 million is being contributed toward the building of a water purification plant in Dohuk for the benefit of the city and nearby villages. DNO has invested in local school upgrades and equipping local hospitals with requisite medical facilities, and the company will continue to partner with the local community in shaping a better future. DNO International ASA Stranden 1, Aker Brygge, N-0250 Oslo P.O. Box 1345 Vika, 0113 Oslo, Norway Phone: (+47) 23 23 84 80 Website: www.dno.no E8KLI8CI<JFLI:<J ?p[ifZXiYfej1`em\jkd\ek Xe[]lkli\i`Z_\j =fi\`^e\e\i^pZfdgXe`\jXi\[`jZfm\i`e^k_\n\Xck_f] fggfikle`k`\jk_Xkk_\I\^`fef]]\ij#ni`k\j8_d\[JX`[# Gi\j`[\ekf]F`cXe[>XjXk=fiY\jXe[DXe_XkkXe K_\Bli[`jkXeI\^`fe_Xj^\e\iXk\[X^i\XkXdflekf] \oZ`k\d\eki\Z\ekcpfm\i`kjgfk\ek`XclekXgg\[_p[ifZXiYfe i`Z_\j%@k_Xj^fe\]ifdXI\^`fe^\e\iXccpfm\icffb\[# ZfdgXi\[n`k_k_\dXjj`m\i\j\im\j`eJflk_\ie@iXh#kfY\`e^fe\ f]k_\_fkk\jkXi\Xj`ek_\g\kifc\ld\ogcfiXk`feXe[gif[lZk`fe j\Zkfi%K_\i\Xi\^ff[i\Xjfej]fik_`j%Bli[`jkXeËjgifo`d`kpkf k_\cXi^\jkilZkli\jf]B`iblbXe[k_\^\e\iXccpgif[lZk`m\ QX^ifjdflekX`ej^`m\jZfeÔ[\eZ\k_Xkk_\I\^`fegfjj\jj\j j`^e`ÔZXeki\j\im\jf]_p[ifZXiYfej%@e[\\[#k_`jZfeÔ[\eZ\`j Y\`e^gifm\eYpk_\[`jZfm\i`\jY\`e^dX[\YpXiXe^\f] ZfdgXe`\j%8e[#Bli[`jkXe`jXcjfXÊjX]\Ë\em`ifed\ek`en_`Z_ kf`em\jkÇj\Zli`kp`jm\ip^ff[Xe[k_\Bli[`jkXeI\^`feXc >fm\ied\ek`jjlggfik`m\f]]fi\`^e`em\jkfij% K_\I\^`fe`jefk#_fn\m\i#Xe\neXd\`ek_\_p[ifZXiYfej j\Zkfi%@e[\\[#`k`jfe\f]k_\fc[\jk%K_\Bli[`jkXeI\^`fef]@iXh nXjk_\Y`ik_gcXZ\f]k_\@iXh`f`cj\ZkfiXe[#_\eZ\#k_Xkf]k_\ D`[[c\<Xjk`e^\e\iXc%@knXj_\i\#Xkk_\:_`XJlib_jkilZkli\# jflk_$\Xjkf]k_\Z`kpf]JlcX`dXe`X#k_Xkk_\Ôijk\ogcfiXk`fen\cc `e@iXhnXj[i`cc\[`e(0')Ypk_\gi\[\Z\jjfif]k_\8e^cf$G\ij`Xe f`cZfdgXep%K_`j_`jkfi`ZXcf`cn\ccnXjk_\Ôijk[i`cc\[`e@iXh#Xe[ gXm\[k_\nXp]fik_\[`jZfm\ipf]k_\jlg\i$^`XekB`iblbÔ\c[% J`eZ\k_\e#k_\QX^ifjk_iljkY\ck_Xjklie\[`ekfXgifc`ÔZ _p[ifZXiYfegifm`eZ\%@e)'''#k_\LJ>J\jk`dXk\[k_\QX^ifj k_iljkY\ckZfekX`e\[dfi\k_Xe+*Y`cc`feYXii\cjf]f`c% N`k_k_`jgfk\ek`Xc#Xe[Zflgc\[n`k_`kjjkXYc\j\Zli`kp Xkdfjg_\i\Xe[`em\jkfi$]i`\e[cpgfc`Z`\j#k_\I\^`fe_Xj XkkiXZk\[j`^e`ÔZXek`ek\i\jk]ifd]fi\`^e\e\i^pZfdgXe`\j% K_\iXe^\f]ZfdgXe`\jefnfg\iXk`e^`ek_\Bli[`jkXeI\^`fe`j kilcp`dgi\jj`m\Xe[`eZcl[\jjfd\m\ipn\cc$befneeXd\j%K_\ Oil production has boosted all sectors of the Region’s economy _p[ifZXiYfejj\Zkfif]k_\I\^`fe`jXcjfj\im`e^kf`em`^fiXk\ k_\\Zfefdp`e^\e\iXc#n`k_j\im`Z\`e[ljki`\jY\Zfd`e^dfi\ gifd`e\ek#Xe[fk_\ii\cXk\[j\ZkfijY\e\Ôk`e^]ifdk_\^ifn`e^ \Zfefd`ZjlZZ\jj%K_\_`^_$\e[_fk\cjY\`e^[\m\cfg\[`e<iY`c Xe[JlcX`dXe`XXi\Zc\Xi`e[`ZXkfijf]k_`j#Ylk\m\edfi\ `dgi\jj`m\Xi\k_\dfi\`ekXe^`Yc\[\m\cfgd\ekjkXb`e^gcXZ\`e Bli[`jkXeËjZ`k`\jXe[kfnejÇk_\pXi\Y\`e^kiXej]fid\[# `dgifm\[Xe[df[\ie`q\[%@e[\\[#`k`jefjligi`j\k_Xkk_\ ZfdgXi`jfekf;lYX``jf]k\edX[\ÇXe[n\j_flc[efk]fi^\k k_XkBli[`jkXeËjeXkliXci\jfliZ\gfk\ek`Xc`jZfej`[\iXYcpdfi\ k_Xek_Xkf];lYX`n_\e[\m\cfgd\ekjkXik\[k_\i\% I\Z\ekdlck`$Y`cc`fe$YXii\c[`jZfm\i`\j_Xm\fZZlii\[#Xe[ k_\i\Xi\jk`ccgc\ekpf]Xek`Zc`eXcjkilZkli\jp\kkfY\[i`cc\[# klie`e^Bli[`jkXe`ekfXe\d\i^`e^Êd\^X$gcXpËk_Xk^\e\iXk\j `ek\i\jkXdfe^dXafijkfgXik`Z`gXk\Xe[XZhl`i\Xg`\Z\f]k_`j nfic[$ZcXjjYXj`e%8jk_\gfc`k`ZXci\cXk`fej_`gY\kn\\e<iY`cXe[ 9X^_[X[Y\Zfd\jZc\Xi\iXe[\Xj`\i#jfBli[`jkXeY\Zfd\jX]Xi dfi\XkkiXZk`m\`em\jkd\ekgifgfj`k`fe]fidfi\i`jb$Xm\ij\ dXafij%8e[#`k`jefjligi`j\k_Xkk_`j`jefnY\^`ee`e^kf_Xgg\e% /( /) E8KLI8CI<JFLI:<J The potential of Kurdistan’s oil and gas reserves is finally being realised with the help of foreign investment DXiXk_feF`c#]fi\oXdgc\#`jk_\cXk\jk`ek\ieXk`feXcf`cZfdgXep kfj`^elg]fiXGif[lZk`feJ_Xi`e^:fekiXZkn`k_k_\Bli[`jkXe I\^`feXc>fm\ied\ek% =fi=fiY\jXe[DXe_XkkXe#n\_Xm\knfZfdgXe`\j#MXjk <ogcfiXk`fe@eZXe[Cfe^]fi[<e\i^p@eZ#fg\iXk`e^`ek_\I\^`fe Xe[cffb]finXi[kfk_\jlZZ\jj]lc\ogcfiXk`feXe[[\m\cfgd\ek f]fliYcfZbj%<ogcfiXk`fe`jjk`cc`e`kj`e]XeZpXe[k_\i\Xi\gc\ekp f]fggfikle`k`\j%=fiY\jXe[DXe_XkkXe`jk_\fg\iXkfif]k_\ :_`XJlib_YcfZb#n_`Z_n\gcXekf[i`cc[li`e^k_\j\Zfe[hlXik\i f])'((%LgfejlZZ\jj]lck\jk`e^#k_\ÔijkÔ\c[n`ccY\Yifl^_k fec`e\j_fikcpX]k\inXi[j#k_\i\YpZi\Xk`e^dXepcfZXcafYjXe[ gifm`[`e^X[[`k`feXci\m\el\]fik_\>fm\ied\ek% @k`jXe\oZ`k`e^k`d\]fik_\I\^`fe#Xe[Xe`em\jkfiZXe Zc\Xicpj\\k_XkX]k\icXe[`e^Xkk_\e\n#dlck`d`cc`fe$[fccXi<iY`c @ek\ieXk`feXc8`igfik%N`k_e\n_fk\cjXe[j_fgg`e^dXccjY\`e^ Yl`ckXZifjjk_\I\^`fej#Bli[`jkXe`jgf`j\[]fiiXg`[\Zfefd`Z [\m\cfgd\ekjglii\[Ypg\kifc\ldi\m\el\% :\ikX`egfc`k`ZXcleZ\ikX`ek`\ji\dX`en`k_`e@iXh%?fn\m\i# gif^i\jj`j\m`[\ek#n`k_k_\i\Z\ek]fidXk`fef]k_\@iXh=\[\iXc >fm\ied\ek%K_\i\cXk`fej_`gY\kn\\e<iY`cXe[9X^_[X[`jefn ]i`\e[cpXe[]finXi[$cffb`e^#Xjk_\i\`jX^\e\iXci\Zf^e`k`fek_Xk k_\`ek\i\jkjf]@iXhXe[Bli[`jkXeXi\dlklXcXe[efkXek`gXk_\k`Z% Fm\ik_\e\ok]\ndfek_j#Bli[`jkXeZXeiXg`[cpi\$\jkXYc`j_ f`c\ogfikjkf`ek\ieXk`feXcdXib\kj#n_`Z_n`ccp`\c[e\\[\[ X[[`k`feXci\m\el\]fik_\@iXh`g\fgc\%K_\Bli[`jkXeI\^`fe i\gi\j\ekjXj_`e`e^\oXdgc\f]\Zfefd`ZjlZZ\jj#Xe[=fiY\jXe[ DXe_XkkXe`j_fefi\[kf_Xm\gXike\i\[n`k_k_\>fm\ied\ek Xe[kf`em\jk`ek_\]lkli\f]k_`jI\^`fe%■ Demner, Merlicek & Bergmann OMV is a global company that invests up to EUR 40mn in each individual well. www.omv.com OMV has been active in the Kurdistan Region of Iraq since 2007, with operations that started in 2008. OMV can draw from its broad expertise from operating diligently in harsh environments and apply experience already gained in a number of countries in the region. The company is ready to provide integrated solutions and rely on its very strong team of local and international experts. Move & More. Advisory services Concept to commissioning Feasibility studies Basic engineering FEED Detailed engineering EPCM services PMC services Procurement solutions Pipelines Offshore topsides LNG, LPG, CNG Petroleum storage facilities Refineries Petrochemicals facilities Onshore surface facilities Heavy oil processing Clean development mechanism Carbon capture and storage GLOBAL SKILLS, LOCAL EXPERTISE 0RWW0DF'RQDOGLVDJOREDOPDQDJHPHQWHQJLQHHULQJDQGGHYHORSPHQWFRQVXOWDQF\ZLWKDWXUQRYHU RI ELOOLRQDQGRYHUVWDIIRSHUDWLQJLQFRXQWULHV)RURYHU\HDUV0RWW0DF'RQDOG¶V VSHFLDOLVWWHDPVRIFRQVXOWDQWVHQJLQHHUVDQGSURMHFWPDQDJHUVKDYHZRUNHGRQJOREDOSURMHFWV LQWKHRLODQGJDVVHFWRU:HKDYHVXSSRUWHGDFRPSOHWHVSHFWUXPRIFOLHQWVDVVRFLDWHGZLWKWKH RLOJDVDQGSHWURFKHPLFDOLQGXVWULHVSURYLGLQJDGLYHUVHUDQJHRIVHUYLFHVIRUZRUOGFODVVSURMHFWV 2XUFDSDELOLWLHVDUHXQGHUSLQQHGE\RXWVWDQGLQJWHFKQLFDOH[SHUWLVHFRYHULQJDOOVSHFLDOLVW GLVFLSOLQHV2YHUWKH\HDUVRXUZRUNKDVUHFHLYHGLQWHUQDWLRQDOUHFRJQLWLRQKDYLQJZRQ 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dljkjli\cp_Xm\Xgifd`e\ekifc\kfgcXpXjX^Xjjlggc`\ifm\i k_\Zfd`e^p\Xij%K_`jgfk\ek`Xc_XjY\\ej\`q\[lgfeYp `ek\ieXk`feXc`em\jkfijXci\X[p1k_\i\Xi\efnfm\i+']fi\`^e Former KRG Prime Minister Nechirvan Barzani (left) with KRG Minister of Natural Resources Ashti Hawrami at the opening ceremony of the Khurmala oil field ZfdgXe`\j]ifd(.Zfleki`\j`em\jk`e^jfd\('Y`cc`fe`ek_\ \e\i^pj\Zkfif]k_\I\^`fe% ;@==<I<EK8GGIF8:?K_\Bli[`jkXeI\^`fe_XjYifb\en`k_ k_\gXkk\iejf]@iXhËjgXjkYpj\\b`e^kfc`d`kk_\glYc`Zj\ZkfiËj `emfcm\d\ekXZifjjk_\YfXi[#Xe[Yp\dYiXZ`e^k_\gi`mXk\ j\Zkfi%K_`jYiXm\dfm\nXj]Xi$j`^_k\[Xe[_Xj_X[fYm`flj Y\e\Ôkj#gXik`ZlcXicp`e`dgifm`e^c`m`e^jkXe[Xi[j%K_\Bli[`jkXe I\^`fenXj#]fi\oXdgc\#k_\ÔijkgXikf]@iXhkfgif[lZ\\c\Zki`Z`kp ^\e\iXk\[]ifdgcXekjYl`ckk_ifl^_gi`mXk\`em\jkd\ek#Xe[k_\ Yli^\fe`e^ZfejkilZk`fej\ZkfiXZifjjBli[`jkXeËjZ`k`\j_Xjc`kkc\# `]Xepk_`e^#kf[fn`k_k_\glYc`Zj\Zkfi% N`k_i\^Xi[kfk_\]fid\i#k_\BI>ËjgcXekfYl`c[Xk_`i[ i\Ôe\ipkfj\im\knfe\ngfn\igcXekje\Xi<iY`cXe[JlcX`dXe`X n`ccYi`e^Zcfj\ik_\m\ipi\Xcgfjj`Y`c`kpf]Bli[`jkXe_Xm`e^ ifle[$k_\$ZcfZbgfn\i#Xe[kfXcjfjlggc\d\ekk_\gfn\ijlggcp kfk_fj\dXafiliYXeZ\ek\ijjflk_f]k_\Bli[`jkXeI\^`fe% =ifdXjkXe[`e^jkXik`e(00(#k_\Bli[`jkXeI\^`fej_flc[ efkfecpY\Zfej`[\i\[XjXjkfipf]i\cXk`m\jlZZ\jj%@k`j#hl`k\ j`dgcp#X^cfYXcjlZZ\jjjkfip%8jk_\I\^`fedfm\j]lik_\i kfnXi[jefidXc`q`e^`kji\cXk`fej_`gn`k_k_\@iXh`^fm\ied\ek `e)'((#gXik`ZlcXicpi\^Xi[`e^_p[ifZXiYfejgfc`Zp#k_\]lkli\`j cffb`e^\m\eYi`^_k\i%■ /0 MOL Group is a leading international, integrated oil and gas company from Hungary, the heart of Europe, with over 70 years’ experience and a proven track record. In addition to the company’s strong refinery and commercial position in Central, Eastern and Southern Europe, its upstream operations extend to the Middle East, Africa, South Asia and the CIS countries. As an integral part of its value chain, MOL Group delivers integrated support through its drilling and well service companies. Its stakeholders, and the international business community in general, regard the company as a reliable international project partner that highly respects diversity of cultures. GFN<I#KI8EJGFIK8E;:FDDLE@:8K@FEJ Gfn\i`e^k_\ Bli[`jkXeI\^`fe PXj`e?XnXk`#BI>D`e`jk\i]fi<c\Zki`Z`kp#_`^_c`^_kj k_\Y\e\Ôkjk_XkXj`^e`ÔZXekcp`dgifm\[gifm`j`fef] gfn\i_XjYifl^_kkfk_\I\^`fe N_\eZfej`[\i`e^k_\[\m\cfgd\ekXe[i\ZfejkilZk`fef]k_\ Bli[`jkXeI\^`feXe[Xccf]@iXh#]\n`jjl\jdXkk\idfi\kfZ`k`q\ej k_Xek_\[\c`m\ipf]YXj`Zj\im`Z\j%:_`\]Xdfe^k_\j\ZfeZ\iej`j The hydroelectric power station at the Dukan dam, which has been supplying electricity to the Region since the late 1970s k_\gifm`j`fef]\c\Zki`Z`kp#n`k_flkn_`Z_[X`cpc`]\`j\ogfe\ek`Xccp dfi\[`]ÔZlckXe[\Zfefd`ZXZ_`\m\d\ekXki\d\e[fljZ_Xcc\e^\% @efk_\igXikjf]@iXh#j\Zli`kp_li[c\jXe[c\jjgifXZk`m\ gfc`Z`\j_Xm\c\]kZ`k`\jXe[kfnejn`k_fecpX]\n_flijf]\c\Zki`Z`kp \XZ_[Xp%J\m\iXcp\XijX^f#k_\BI>\dYXib\[lgfeX[peXd`Z gfc`Zpkf\ejli\k_Xkflii\jfliZ\jnflc[Y\lj\[kfY\e\Ôkk_\ c`m\jf]fliZ`k`q\ej%IXk_\ik_Xe[\g\e[`e^fek_\^fm\ied\ekkf j_flc[\ik_\\ek`i\i\jgfej`Y`c`kp#k_\BI>fg\e\[k_\Y`[[`e^kf hlXc`Ô\[gi`mXk\Ôidj%FlieXkliXci\jfliZ\jXi\efnkiXej]fid\[ `ekf\c\Zki`Z`kpk_ifl^_jkXk\$f]$k_\$Xiki\Ôe\i`\jXe[gfn\igcXekj# Xe[fliI\^`feZlii\ekcp\eafpjlgkf)'_flijf]\c\Zki`Z`kp\XZ_ [Xp#Xe[n\Xi\nfib`e^kfdXb\k_Xk)+ >8@E@E>=IFD<OG<I@<E:<K_\i\Xi\knfc\jjfejkfY\ c\Xie\[]ifdk_`j%=`ijkcp#n\_Xm\`ccljkiXk\[_fnX]finXi[$cffb`e^ ^fm\ied\ekZXej\kk_\i`^_kZfe[`k`fej]figi`mXk\$j\Zkfi jlZZ\jj#n_`Z_efkfecpY\e\ÔkjZfdgXe`\j#YlkXcjfgifm`[\j `emXclXYc\j\im`Z\jkfk_\g\fgc\f]k_\I\^`fe%K_`jjg`i`kf] 0* 0+ GFN<I#KI8EJGFIK8E;:FDDLE@:8K@FEJ gXike\ij_`g_Xj[i`m\edlZ_f]BI>\Zfefd`Zgfc`ZpXe[_Xj \oZ\\[\[Xcc\og\ZkXk`fej`ek\idjf]\c\Zki`Z`kp^\e\iXk`feXe[ [`jki`Ylk`fe`efliI\^`fe%C`b\dfjkfk_\i\Zfefd`\jXifle[k_\ nfic[#k_\BI>XZbefnc\[^\jk_Xkk_\]i\\dXib\kn`ccXccfnk_\ Y\jkÔidjkfi\XZ_e\nXe[\]ÔZ`\ekjfclk`fej#jfcfe^Xjk_\ ^fm\ied\ekZi\Xk\jXe[\e]fiZ\jn`j\gfc`Z`\j% K_\j\Zfe[c\jjfe`jk_XkjlZ_glYc`Z$gi`mXk\gXike\ij_`gj ZXek_\eZXkXcpq\[\m\cfgd\ek`efk_\iÔ\c[j#Zi\Xk`e^X dlck`gcp`e^\]]\Zk%K_\jlggcpf]\c\Zki`Z`kp`jXg\i]\Zk\oXdgc\f] k_`j%K_\Bli[`jkXeI\^`feefn_XjXeldY\if]df[\ied\[`ZXc Z\ek\ij#]XZkfi`\j#j_fgg`e^]XZ`c`k`\j#_fk\cj#Xe[fk_\igifa\Zkj j\kkfZfd\fec`e\`ek_\e\ok]\np\Xij%:fddfeZfeZ\iej]fi `ek\ieXk`feXcXe[cfZXc`em\jkfij`eZcl[\k_\XjjliXeZ\f]i\^lcXi j\im`Z\j^lXiXek\\[`eX[mXeZ\[\Zfefd`\j1ifX[j#nXk\ijlggcp# Xe[\c\Zki`Z`kp%8jn\Xi\efnXYc\kfgfn\i]XZkfi`\j#Zc`e`Zj# le`m\ij`k`\j#Xe[fk_\i]XZ`c`k`\jk_Xki\hl`i\ZfejkXek\c\Zki`Z`kp ÇXcY\`kn`k_k_\Xjj`jkXeZ\f]YXZb$lg^\e\iXkfijÇj\Zkfijf] \Zfefd`ZXZk`m`kpk_Xkn\i\gi\m`fljcpX^i\XkZ_Xcc\e^\Xi\efn n\ccn`k_`ek_\iXe^\f]fliZXgXY`c`kp%N\Y\c`\m\k_Xk#`eX]\n p\Xij#k_\I\^`fen`ccgif[lZ\\efl^_\c\Zki`Z`kpkfd\\kXccf]fli gfn\ie\\[jXe[#gfk\ek`Xccp#Y\Zfd\Xe\k\ogfik\i% J?8I@E>K?<9<E<=@KJK_\jfZ`Xc`dgXZkf]\c\Zki`Z`kp`j jlYjkXek`XcXjn\cc%Gi`mXk\^\e\iXkfijXi\\og\ej`m\#Xe[dXepf] fliZ`k`q\ejZXeefkX]]fi[jlZ_gi`mXk\cpgifm`[\[\c\Zki`Z`kp%8j k_\BI>gif^i\jj\j#`k`j\jj\ek`Xck_XkXccf]fliZ`k`q\ej\eafpk_\ Y\e\Ôkj#Xe[k_`j`jXdfe^k_\dfjkkXe^`Yc\nXpjkf\ejli\k_Xk K_\[\c`m\ipf] \c\Zki`Z`kp`jX jlZZ\jj#iXk_\i k_XeXgifYc\d \m\ipfe\j_Xi\j`efligif^i\jj%G\i_Xgjdfi\k_XeXepfk_\i [\c`m\ipf]j\im`Z\j#k_\gifm`j`fef]_\XkXe[c`^_k`dgifm\jk_\ jkXe[Xi[f]c`m`e^f]fliZ`k`q\ej`ekfnejXe[Z`k`\jk_ifl^_flkk_\ Bli[`jkXeI\^`fe%8e[#XjXj\Zfe[XipY\e\Ôk#k_\gifm`j`fef] \c\Zki`Z`kpXcjffg\ejk_\[ffikf^i\Xk\ifggfikle`k`\j]fi \dgcfpd\ekXe[Y\kk\i^ff[jXe[j\im`Z\j% @]pflXjbg\fgc\k_ifl^_flk@iXhkfeXd\k_\`iknffik_i\\ ]fi\dfjkZfeZ\iej#Xj`[\]ifdj\Zli`kp#e\Xicp\m\ipfe\n`cc d\ek`fe\c\Zki`Z`kp%K_ifl^_X^i\Xk[\Xcf]_Xi[nfibXe[m`j`fe# k_\BI>#`eXjjfZ`Xk`fen`k_k_\gi`mXk\j\Zkfi#_Xj\ejli\[k_Xkk_\ [\c`m\ipf]\c\Zki`Z`kp`jXjlZZ\jjjkfipiXk_\ik_XeXgifYc\d% Kf`em\jkfijXe[k_fj\n_fXi\`ek\i\jk\[`e\jkXYc`j_`e^ e\nZfdgXe`\jfiYiXeZ_\jf]dlck`eXk`feXcZfdgXe`\j`ek_\ I\^`fe#n\cZfd\%K_\Bli[`jkXeI\^`fe`jfg\e]fiYlj`e\jj#Xe[ k_\c`^_kjn`ccY\fe%■ Residents of cities such as Erbil reap the economic and social benefits of improved power provision Powering the Future... www.pbworld.com Parsons Brinckerhoff (PB) is a leader in the development and operation of infrastructure to meet the needs of communities around the world. The firm provides strategic consulting, planning, engineering, and program and construction management services across a full range of market sectors—power and water, transportation, buildings and the environment. PB has 14,000 people in 150 offices around the world. We have been working in Iraq for more than 30 years. In 2004 PB re-established itself in-country to contribute to the re-development of the nation—from electricity networks in Kurdistan to transportation planning in Baghdad. PB has offices in Erbil and Baghdad to ensure our clients of our commitment to the long-term future of Iraq. For more information contact memarketing@pbworld.com or phone +971 4 449 7222. Buildings and Infrastructure Environment Power and Water Transportation MASS GLOBAL INVESTMENT CO. We Do the Change Improving the infrastructure contributes to economic prosperity and society welfare MASS Global Investment Co. is concentrating its activities in the field of generating electricity on a “Build-Own-Operate” (B.O.O.) basis its production capacity is currently around 2,125 Megawatts (MW), and is expected to reach more than 3,200 MW during the forthcoming two years. MASS is also operating in the cement industry, with a production capacity of nearly 5.5 million tons currently and is expected to reach 8 million tons in the forthcoming two years. Regarding the field of iron and steel production, capacity is 1 million tons annually and is likely to increase. Thus, MASS provides the community with essential services, such as electricity, products essential for their construction projects, such as cement and steel, and other industrial and service projects. The projects of MASS are not limited to Iraq, in the sense that the company owns vital projects in Iraq, Jordan, and Sudan and is prepared to operate and invest in any other country in need of services or products of use to its citizens. MASS Projects • Arbil Gas Power Station (AGPS), with a capacity of (875) MW • Suleimaniah Gas Power Station (SGPS), with a capacity of (750) MW • Dohuk Gas Power Station (DGPS), with a capacity of (500) • Bazian Cement Factory, with a capacity of (4) million tons per year • Al-Shamal Cement Factory in Atbara - Sudan, with a capacity of (1.5) million tons per year • MASS for Iron & Steel Factory, with a capacity of one million tons of reinforced bars annually www.mass-global.com GFN<I#KI8EJGFIK8E;:FDDLE@:8K@FEJ <iY`ckXb\jÕ`^_k Inside the state-of-the-art terminal building at Erbil International Airport 8e`ek\im`\nn`k_KXcXi=X`hJXc`_#8`igfik;`i\ZkfiXk <iY`c@ek\ieXk`feXc8`igfik kXo$]i\\qfe\j#j\im`Z`e^k_\<iY`c@e[ljki`XcQfe\#Xe[gifdfk`e^ kfli`jd]ifd<lifg\Xe[k_\>lc]% <iY`c@ek\ieXk`feXc8`igfik<@8 cffbjc`b\X]XekXjk`Z]XZ`c`kp% ?fn[`[`k_Xgg\ek_Xk<iY`c_Xjn_Xk`j#YpXepjkXe[Xi[j#Xe X`igfikf]`ek\ieXk`feXcjkXe[`e^6 @dgi\jj`m\#Ylkaljk_fnY`^`j<@86 K_\ZfejkilZk`feXe[\hl`gg`e^f]k_\e\ndX`eX`igfikk\id`eXc# 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k_\fecpX`igfiknfic[n`[\kf_Xm\[flYc\$[`^`k^ifnk_#XZZfi[`e^ kf@8K8R@ek\ieXk`feXc8`iKiXejgfik8jjfZ`Xk`feT[XkX%K_`j jg\ZkXZlcXii\jlck_XjkfY\glk`ek_\Zfek\okf]k_\\Zfefd`Z Zi`j`j#n_`Z_X]]\Zk\[kiXm\cnfic[n`[\% K_\j\kiX]ÔZi\jlckjgif[lZ\[X(,g\iZ\ekgXjj\e^\i `eZi\Xj\`e)''0#]fccfn\[YpX)'('ki\e[J\gk)''0$J\gk)'(' f](/g\iZ\ekgXjj\e^\i^ifnk_%FeZ\X^X`e#^ifnk_`j_`^_\ik_Xe @8K8D`[[c\<Xjk]fi\ZXjkjXe[k_\<@8DXjk\iGcXe]fi\ZXjk`e`kj _`^_$ZXj\jZ\eXi`ff]^ifnk_%:feZ\ie`e^k_\ZXi^fj\Zkfi#dfi\ k_Xe(''#'''kfee\jn\i\_Xe[c\[`e)''0%8jc`^_k#Ylkjk\X[p# ^ifnk_`j]fi\ZXjk]fi)'('#Zfej`[\i`e^_`^_\i$ZXgXZ`kpZXi^f ]i\`^_k\ijXi\fg\iXk`e^[X`cp`ekf<iY`cXe[k_XkXm\iX^\mfcld\ g\idfm\d\ek_Xj`eZi\Xj\[Ypdfi\k_Xe.'g\iZ\ek% 0. 0/ GFN<I#KI8EJGFIK8E;:FDDLE@:8K@FEJ <iY`c@ek\ieXk`feXc8`igfikZXeefn XZZfddf[Xk\k_i\\d`cc`fegXjj\e^\ij Xp\XiXe[_Xe[c\k_\cXk\jkX`iZiX]k Erbil’s new International Airport opened in September 2010 EIA can cope with passenger aircraft of all sizes ?fnn\ccgcXZ\[`j<@8kfZfg\n`k_]lkli\[\dXe[j6 <@8_Xjk_\cfe^\jkilenXp`ek_\D`[[c\<XjkXe[k_\Ô]k_ cfe^\jk`ek_\nfic[1`k`j+#/''d\k\ijcfe^Yp0'd\k\ijn`[\% K_\ilenXp`j[\j`^e\[kf_Xe[c\k_\cXi^\jkXe[_\Xm`\jk X`iZiX]kfek_\_fkk\jk[Xpjf]k_\p\Xi#n_\e^ifle[k\dg\iXkli\j \oZ\\[,'ñ:% K_\e\nX`igfik`e]iXjkilZkli\X[fgkjk_\cXk\jkXmX`cXYc\ k\Z_efcf^`\j]fiX`ikiX]ÔZZfekifcXe[j\Zli`kp%<@8glijl\j \oZ\cc\eZ\`ejX]\kpXe[\d\i^\eZpi\jgfej\#_Xm`e^jkl[`\[Xe[ `dgc\d\ek\[gifZ\[li\jYXj\[feY\jkX`igfikgiXZk`Z\j% ?fndXepX`ic`e\jXe[[\jk`eXk`fejXi\XmX`cXYc\]ifd<iY`c6 <@8_Xj(*X`iZiX]kfg\iXkfijÕp`e^kf)+[\jk`eXk`fej18`i9\ic`e#8`i Jn\[\e#8kcXjA\k#8ljki`Xe8`ic`e\j#<k`_X[8`inXpj#=cp;lYX`#>lc] 8`i#@iXe8`i#@iXh`8`inXpj#Cl]k_XejX#D`[[c\<Xjk8`ic`e\jD<8 # IfpXcAfi[Xe`Xe8`ic`e\j#Xe[M`b`e^8`ic`e\j%8djk\i[XdXe[Klib`j_ 8`ic`e\jXi\Xek`Z`gXk\[kfY\^`egXjj\e^\ij\im`Z\jkf<@8jffe%8`i 8iXY`X#FdXe8`i#Xe[HXkXi8`i_Xm\Xcjf`e[`ZXk\[`ek\i\jk% <iY`c`jZfee\Zk\[nfic[n`[\k_ifl^_k_\_lYX`igfikjf]8Yl ;_XY`#8ddXe#9X_iX`e#9\`ilk#;lYX`#=iXeb]lik#@jkXeYlc#Xe[M`\eeX n`k_[`i\Zk[X`cpÕ`^_kj%E\niflk\jXe[X[[`k`feXc]i\hl\eZ`\jn`cc `dgifm\<@8ËjZfee\Zk`m`kpkfk_\nfic[Xe[kf<lifg\% <@8`j`eBli[`jkXe#YlkdXepm`j`kfijn`cccffbXkk_\dXgXe[j\\ `km\ipdlZ_XjY\`e^`e@iXh#Xe[n`ccY\ZfeZ\ie\[XYflkk_\`i jX]\kp%?fnj\Zli\`j<@86 <@8_XjXe\oZ\gk`feXccp_`^_c\m\cf]j\Zli`kp#n`k_X[[`k`feXc j\Zli`kpd\Xjli\j]fle[Xk]\n#`]Xep#X`igfikj`ek_\nfic[%<@8`j ]fZlj`e^fefYkX`e`e^`kj8\if[ifd\:\ik`ÔZXk`feXjg\i@:8F R@ek\ieXk`feXc:`m`c8m`Xk`feFi^Xe`qXk`feTi\Zfdd\e[Xk`fej% Kf[fjf#^i\Xk\]]fikj_Xm\Y\\eglk`ekf^lXiXek\\`e^efkaljk `ek\ieXk`feXcjkXe[Xi[jf]j\Zli`kp#YlkXcjfn`[\ijX]\kp#X`igfik fg\iXk`fej#kiX`e`e^\kZ%@em\jkd\ekj`e`e]iXjkilZkli\Xe[ \hl`gd\ek_Xm\kfY\jlggfik\[Ypgifg\ig\ijfee\ckiX`e`e^# jfXjkfd\\k#Xe[\oZ\\[#`ek\ieXk`feXcjkXe[Xi[j`eXccXjg\Zkj f]X`igfikfg\iXk`fej% N_XkXi\k_\Z_Xcc\e^\jf]ilee`e^XeX`igfik`e@iXh&Bli[`jkXe6 J`eZ\[Xpfe\#@nXj\e\i^`q\[Yp_Xm`e^k_\fggfikle`kpkf dXeX^\XeX`igfikXe[#\m\edfi\jf#kffg\eXe\nfe\%Jg\Z`Xc Xkk\ek`fenXj^`m\ekfk_\fg\iXk`feXci\X[`e\jj#kiXej]\iXe[jkXik f]fg\iXk`fejf]k_\e\nX`igfik#n_`Z_fg\e\[`eJ\gk\dY\i)'('% Efn@Xd]fZlj`e^dp\e\i^`\jfe[\m\cfg`e^XYlj`e\jjXe[ jkiXk\^pgcXe]fiXZhl`j`k`fef]e\nZfdd\iZ`XcZXii`\ijXe[ZXi^f Xe[cf^`jk`Zjfg\iXkfij%K_\jkfipf]<@8`jfecpaljkY\^`ee`e^%■ ('' GFN<I#KI8EJGFIK8E;:FDDLE@:8K@FEJ DXb`e^Bli[`jkXe Y\kk\iZfee\Zk\[ South Korea’s Ambassador to Iraq, Ha Tae-Yun, and then Kurdistan Prime Minister Nechirvan Barzani share the honor of cutting the ribbon at the opening ceremony for the KRG’s IT Academy in Erbil, September 2009 9fkXeDFjdXe#?\X[f]k_\BI>Ëj;\gXikd\ekf]@K# flkc`e\jk_\^fm\ied\ekËjjkiXk\^p]fik_\[\m\cfgd\ek f]`e]fidXk`fek\Z_efcf^pXZifjjk_\I\^`fe DXep^fm\ied\ekjnfic[n`[\_Xm\i\Xc`q\[k_\`dgXZkf] `e]fidXk`fek\Z_efcf^p@K Xe[k_\`dgfikXekifc\k_Xk`kgcXpj`e df[\ie`q`e^^fm\ied\ekj#`e\e_XeZ`e^^fm\ied\ekj\im`Z\jXe[# jlYj\hl\ekcp#`eZfeki`Ylk`e^kf\Zfefd`Z[\m\cfgd\ek% @ek_\Bli[`jkXeI\^`fe#k_\^ifn`e^e\\[]fi@K [\m\cfgd\eknXjj\\eXjXgi`fi`kp`ek_\Ô]k_ZXY`e\kf]k_\ Bli[`jkXeI\^`feXc>fm\ied\ek%Le[\ik_\Xljg`Z\jf]k_\Gi`d\ 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]i\j_Xe[[f\jefki\hl`i\ljkfnfiipXYflkc\^XZp%K_fj\ `emfcm\[`ek_`jj\Zkfifm\ik_\e\okÔm\p\XijZXekilcpcXpZcX`d kfY\`e^gXikf]\jkXYc`j_`e^Xdf[\c@K\em`ifed\ek`ek_\ Bli[`jkXeI\^`fe% K_\[\m\cfgd\ekf]XBli[`jkXe@KGi`mXk\J\Zkfi`jXe `dg\iXk`m\fYa\Zk`m\fm\ik_\e\okÔm\p\Xij%=X`iXe[kiXejgXi\ek Zfdg\k`k`fe#ZfdY`e\[n`k_k_\]fjk\i`e^f]`eefmXk`fe#`jk_\b\p kfk_\]fidlcXk_Xkn`cc_\cgljfe\[XpXZ_`\m\Bli[`jkXeËjm\ij`fe f]J`c`ZfeMXcc\p% N\Xi\j\kk`e^lgjZ_\d\jkf\eZfliX^\Xe[Xjj`jk^cfYXc@K ZfdgXe`\j\ek\i`ekfk_\Bli[`jkXedXib\k%N\n`cc\e[\Xmfikf gifm`[\^cfYXcÔidjn`k_k_\`ej`^_ke\Z\jjXipkf_`kk_\^ifle[ ilee`e^%N\XjbXccdXafi@KZfdgXe`\jkfi\^`jk\in`k_ljXk nnn%bi^`k%fi^Xe[gXike\ilj`ek_\[\m\cfgd\ekf]k_\@K_lYf] k_\]lkli\%K_\@iXh`dXib\k`jn`[\Xe[[\\g#k_\fggfikle`k`\jXi\ mXjk%C\kËjdXb\Bli[`jkXek_\]lkli\gcXk]fid]fi@K[\m\cfgd\ek `e@iXh#Xjn\ccXjk_\n`[\iD`[[c\<Xjk% DXb`e^`k\Xj`\ikf[fYlj`e\jj`efliI\^`fe`jXb\p\c\d\ek f]fliBI>@Km`j`fe%Fm\ik_\e\okÔm\p\Xijn\nXekkfZfek`elXccp `dgifm\k_\nXpZfdgXe`\j`ek\iXZkn`k_k_\^fm\ied\ek%JkXik`e^ ]ifdXZZ\jjkf`e]fidXk`feXYflkmXi`flj`e[ljki`\j#kfXggcp`e^]fi m`jXjXe[i\j`[\eZpfec`e\#kfi\^`jk\i`e^ZfdgXe`\j#Xggcp`e^]fi ^fm\ied\ekk\e[\ij#Xe[dlZ_dfi\%K_\\Xj\f][f`e^Ylj`e\jj `eBli[`jkXen`ccY\d\Xjli\[Xe[`dgifm\[p\Xifep\Xi%■ ('( SPONSORED FEATURE Christian Boczek, country director, Nokia Siemens Networks Iraq How long has Nokia Siemens Networks been present in Iraq? Nokia Siemens Networks (NSN) has been present in Iraq since 2004 and continues to work with operators in Iraq including Asiacell, Korek and Zain. We have three main office locations in Baghdad, Erbil and Sulaimanyah with a fourth office planned in Basra soon. As of June 2011, we have more than 200 employees dedicated to our Iraq operations, either locally employed or supporting Nokia Siemens Networks customers in Iraq out of other countries in the Middle East, Africa and Europe. These employees are working across various functions such as services, sales, finance and managed services. We tap into our global experience, research capabilities and technology and solutions expertise to better serve our customers in Iraq. Managed services is a core strength of ours and we strongly support operators in this area. Green energy and energy-saving solutions are also strengths of Nokia Siemens Networks. We offer Iraqi operators solutions that are energy-efficient, environmentally sensitive and use recyclable components wherever possible. Elaborate on an example of your efforts in Iraq One of our customers needed to grow its network capacity and service capability to deliver a profitable and highquality customer experience nationally. Having acquired a competitor’s assets and subscribers, that customer challenged us not only to lead the integration and modernization of the two infrastructures (one based on one of our competitor’s equipment, the other on one of our parent company), but also to increase their combined capacity by 50 per cent. Throughout the network integration process, Nokia Siemens Networks engineers took every opportunity to measure the impact of the technical changes on the quality of the end-customer experience. Our experts also helped two of our customers in Iraq to identify general weaknesses in their networks (radio, transmission, international gateway, route optimization), to improve customer satisfaction and generate new revenues. As a result, both customers now enjoy a seamless national service with improved key performance indicators in all areas. The networks quality improvements enjoyed by these two customers will no doubt help in boosting their companies’ top lines. Hiring local experts is an essential HR policy of Nokia Siemens Networks. And we strongly believe in investing in local talent in whatever country we operate in. Similarly, in Iraq our endeavors are on similar lines. What is the telecoms and internet situation in Iraq? With three GSM operators operating in Iraq, there is competition in this sector, which ultimately benefits the Iraqi people. However, the mobile sector is almost exclusively dependent on prepaid services. Hence, mobile average revenue per user rates are consequently low (as of Q110, blended country ARPU for Iraq was US$14, while the average for the Middle East was US$22). Currently, all mobile operators in Iraq operate only a 2G network. 3G licenses are expected to be issued in 2011. A fourth mobile operator launch is also expected in 2011. However, high security costs weigh in on operators’ investments. The Iraqi government is looking at deploying a new fiber network across the country, because the original core fiber backbone was heavily damaged during the war. Plans are underway but no timeframe has been finalized. Internet services were introduced to Iraq in 2002. Since the war, internet takeup has grown significantly because of increased availability of broadband wireless access (BWA) services by WLL operators, and also by the unregulated use of VSATs. There are an estimated 500,000 internet users in Iraq at present, which is a little less than two per cent of the country’s population, giving plenty of room for internet growth in Iraq. We have a deep understanding of telecom customers in Iraq and the economic and business challenges faced by operators. We bring technology and solutions, global knowledge and vast experience that will benefit the telecom landscape in Iraq. GFN<I#KI8EJGFIK8E;:FDDLE@:8K@FEJ K_\gfn\if]`e]fidXk`fe Botan M Osman <dYiXZ`e^k_\iXg`[X[mXeZ\d\ekjf]k_\\c\Zkife`Z `e]fidXk`feX^\`jm`kXc]fib\\g`e^k_\I\^`feXe[`kj g\fgc\`ekflZ_n`k_Xe\nnfic[#jXpj9fkXeDFjdXe K_\\e[f]k_\)'k_Z\eklipdXib\[Xg\i`f[f]gi\gXiXk`fe]fi jfd\k_`e^k_Xkefe\f]lj`dX^`e\[%@knXjk_\]fle[Xk`fe]fiXe `e]fidXk`feXe[k\Z_efcf^`ZXc\ogcfj`fe]l\c\[Ypk_\X[m\ekf] k_\`ek\ie\kXe[X[mXeZ\d\ekj`eZfdglk`e^% K_\iXg`[k\Z_efcf^`ZXcZ_Xe^\jk_XkkffbgcXZ\Xkk_\ jkXikf]k_\)(jkZ\eklip_Xm\Xck\i\[k_\nXpn\[f\m\ipk_`e^% >fm\ied\ekjXi\i\k_`eb`e^k_\`i^fm\ieXeZ\df[\cj2ZfdgXe`\j Xi\i\j_Xg`e^k_\`i^cfYXcgi\j\eZ\2Xe[kiX[`k`feXcd\[`X`jkip`e^ kfZXkZ_lgn`k_Xe`e]fidXk`feÕfn]l\c\[YpYcf^jXe[jfZ`Xc e\knfibj%@eZi\Xj`e^cp#k_\`e[`m`[lXc`ji\Xc`q`e^k_Xk#n`k_flkXe fec`e\]ffkgi`ek#pflii\c\mXeZ\kfk_`je\nnfic[`ji\[lZ\[% K_`j\c\Zkife`Z`e]fidXk`feX^\_XjZ_Xe^\[k_\jlim`mXc kXZk`Zjf]k_\_ldXeiXZ\%@k`jefcfe^\im`XYc\kfdXb\j`^e`ÔZXek gif^i\jj`eXepÔ\c[n`k_flkkilcp\dYiXZ`e^`e]fidXk`feXe[ Zfddle`ZXk`fejk\Z_efcf^p@:K %<m\e[\dfZiXZp_Xjj\\eX j`^e`ÔZXekZ_Xe^\`ek_\nXpk_\glYc`ZgXik`Z`gXk\j%GlYc`Z f]ÔZ`XcjXi\`eZi\Xj`e^cpj`^e`e^lgkfKn`kk\iXe[=XZ\Yffb#Xjk_\ glYc`Z[\dXe[jXcdfjk[X`cplg[Xk\jfe_fnk_\`iZfleki`\jXi\ Y\`e^^fm\ie\[%>fm\ied\ek`ejk`klk`fejXi\ZfejkXekcpk_`eb`e^ f]e\nnXpjkfd\\kk_\kiXejgXi\eZp[\dXe[jf]k_\`i jkXb\_fc[\ij#n_`c\\Zfefd`\jXifle[k_\nfic[_Xm\i\Zf^e`q\[ @:KXjXi\hl`i\d\ek]fi^ifnk_%K_\j`^e`ÔZXeZ\f]@:K`jef cfe^\iXkfg`Z]fi[\YXk\%K_fj\n_f\dYiXZ\`kgif^i\jj#n_`c\ k_fj\n_f[feËk^\kc\]kY\_`e[% 8e\oXdgc\f]Y\`e^c\]kY\_`e[ZXeY\j\\e`e@iXh%N\_Xm\ Y\\e`jfcXk\[]ifd^cfYXck\Z_efcf^`ZXc[\m\cfgd\ekj`eZ\k_\ \Xicp(0/'j%FecpX]k\i)''*n\i\n\XYc\kfjkXikk_`eb`e^XYflk _fnkfZXkZ_lg%K_\e\^Xk`m\\]]\Zkk_`j_Xj_X[fe@iXhZXeY\ j\\e`eXccj\Zkfijf]k_\\ZfefdpXe[`eXccgXikjf]jfZ`\kp% K_\Bli[`jkXeI\^`fe_XjdX[\^i\Xkjki`[\j`e@:Kj`eZ\ )''*%K_\j\kk`e^lgf]k_\BI>;\gXikd\ekf]@K`e)''.#kXjb\[ n`k_k_\\jkXYc`j_d\ekf]XeÊ\$BI>Ë#nXjXZc\Xij`^ek_Xkn\Xi\ i\X[pkf\dYiXZ\k_\]lkli\%?fn\m\i#k_\i\`jdlZ_dfi\kf[f% K_ifl^_k_\BI>@KJkiXk\^p#k_\e\okÔm\p\Xij_Xm\Y\\e dXgg\[flk#n`k__le[i\[jf]gifa\ZkjXe[[\kX`c\[`e`k`Xk`m\j# Xe[XeXdY`k`fljjg\e[`e^gcXek_Xk`jj\kkfXZ_`\m\dlZ_f] n_Xkn\_Xm\Y\\e_fg`e^]fi% K_\i\Xi\jk`ccdXepg\fgc\n_f]\Xi`e]fidXk`fe#Y\ZXlj\`e fli_`jkfip`k_XjY\\edfjkcplj\[X^X`ejkflig\fgc\%N_\i\ `e]fidXk`fenXjfeZ\XjfliZ\f]Xlk_fi`kpXe[gfn\i]fi jlggi\jj`e^Xe[_Xid`e^k_\g\fgc\f]Bli[`jkXe#kf[XpXe[`ek_\ ]lkli\`kn`ccY\lj\[]fik_\[\m\cfgd\ekf]fli^fm\ied\ek `ejk`klk`fejkf\ejli\k_\p[\c`m\iY\kk\ij\im`Z\jkffliZ`k`q\ej% 8]k\idXepp\Xijf]j\Zclj`fe#k_\Bli[`jkXe`e]fidXk`fe jfZ`\kp`j`ek\i]XZ`e^n`k_k_\i\jkf]k_\nfic[%KiXejgXi\eZp# `e]fidXk`fej_Xi`e^#Xe[Z`m`Z\e^X^\d\ekXi\Xkk_\]fi\]ifek`e k_\df[\ie`qXk`fef]fliI\^`fe% @ek\ie\kg\e\kiXk`fe`jXefk_\i`dgfikXekXi\Xk_Xk`j`e e\\[f]j\i`flj`dgifm\d\ek#Xjn\i\Xc`q\k_Xk_Xm`e^X Zfee\Zk\[I\^`fe\eXYc\jljkf`eZi\Xj\k_\gXZ\f]fli [\m\cfgd\ek%K_\i\dljkY\`eZi\Xj\[Zfdg\k`k`fe`ek_\`ek\ie\k Xe[YifX[YXe[j\Zkfij`e@iXh`efi[\ikf[i`m\[fnegi`Z\j#Xe[n\ Y\c`\m\k_Xkk_`jZXeY\[fe\n`k_jdXiki\^lcXk`fejXe[ gi`mXk`qXk`fe%Kf\eXYc\k_\^ifnk_f]`ek\ie\kXZZ\jjfm\ik_\ Zfd`e^p\Xij#n\dljkc\kk_\gi`mXk\j\ZkfiÕfli`j_#Xe[Xccfnk_\ ^fm\ied\ekkf`ek\im\e\fecpn_\ee\Z\jjXip% :\ejfij_`gXe[dX`ekX`e`e^Xefg\e`ek\ie\kXi\fk_\i `dgfikXekXi\Xjk_XkdljkY\XggifXZ_\[n`k_\oki\d\ZXlk`fe% (', ('- GFN<I#KI8EJGFIK8E;:FDDLE@:8K@FEJ Social networks, such as Facebook, have revolutionized the sharing of information @k_XjY\\e[\dfejkiXk\[k_ifl^_dXep\oXdgc\jXifle[k_\nfic[ k_XkZ\ejfij_`gj`dgcp[f\jefknfibXe[_fc[jYXZbk_\gifjg\i`kp f]jfZ`\k`\jXe[\Zfefd`\j%:\ejfij_`g^f\jX^X`ejkk_\\ek`i\ gligfj\f]k_\`ek\ie\k#`kjlec`d`k\[gfn\i#Xe[`kjgfk\ek`Xc% K_\Bli[`jkXeI\^`feXc>fm\ied\ek`jX[XdXekk_Xkk_\ `ek\ie\k`efliI\^`fedljki\dX`e]i\\]ifdZ\ejfij_`g%8e fg\e`ek\ie\k`jk_\b\pkffli]lkli\%N\Xi\XnXi\k_XkZlckliXc ]XZkfijdXpd\Xek_XkZ\ikX`eZfek\ek`jle[\j`iXYc\2_fn\m\i# n\dljkkXZbc\k_`jk_ifl^_`eZi\Xj\[XnXi\e\jj]fi`e[`m`[lXcj Xe[]Xd`c`\j#c\Xm`e^k_\Z_f`Z\[fnekfk_\d% K_\]lkli\f]Bli[`jkXe`jefn`efli_Xe[j%K_\`ek\ie\k _XjY\Zfd\X]le[Xd\ekXcgXikf]gif^i\jj%N\dljkefkXccfn Xepk_`e^kf[\epk_\g\fgc\f]Bli[`jkXeXefec`e\gi\j\eZ\ nfik_pf]k_\`i[\j`i\kfaf`ek_\^cfYXc`e]fidXk`fejfZ`\kp%■ Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications Scania is represented by approximately 100 national distributors, which organise sales and workshop services worldwide. More than 1,500 service points offer quality support to customers. In Iraq, Scania’s history dates back to the early sixties. For many years, Iraq was one of the company’s most important markets worldwide. At the peak in the early eighties, sales totalled 3,900 trucks in a single year. This gave Scania the opportunity to develop products perfectly suited to Iraqi conditions, north and south. Scania has re-entered the Iraqi market with a clear goal of regaining a strong position. The sales and service network is currently expanding at a rapid pace, and the first Scania sales and service centre in Kurdistan was inaugurated in Erbil earlier this year. The long-term goal is to have a high-quality sales and service network that provides the best operating economy and boosts the productivity of all Scania customers in Kurdistan and Iraq. ('/ 8>I@:LCKLI<@EK?<=<IK@C<:I<J:<EK =Xid`e^]fik_\]lkli\ AXd`c?X`[\i#BI>D`e`jk\if]8^i`Zlckli\Xe[NXk\i I\jfliZ\j#[\jZi`Y\jk_\I\^`feËjÔm\$p\XijkiXk\^p ]fidf[\ie`q`e^`kj]Xid`e^j\Zkfi Replacing old techniques and equipment will raise the yield from Kurdistan’s farms K_\BI>D`e`jkipf]8^i`Zlckli\Xe[NXk\iI\jfliZ\j`j `dgc\d\ek`e^XjkiXk\^`ZXccpj`^e`ÔZXekgcXe`egif[lZ`e^Xe[ gi\j\im`e^k_\XiXYc\cXe[n`k_`ek_\Bli[`jkXeI\^`fe%K_\cXe[ `j`[\Xc]fik_\X^i`ZlckliXcj\ZkfiXe[`jZXgXYc\f]jlggfik`e^ ]ff[gif[lZk`fe]fik_\I\^`feËjgfglcXk`feXe[^\e\iXk`e^ `eZfd\]ifd\ogfik\[jXc\jkfk_\jliifle[`e^Xi\X%K_\ X^i`ZlckliXcj\Zkfi`jk_\YXZbYfe\f]fli\ZfefdpXe[`jfe\ f]k_\dfjk`dgfikXek]XZkfij`ek_\Zlii\ekjfZ`f$\Zfefd`Z [\m\cfgd\ekf]k_\I\^`fe% K_\Bli[`jkXeI\^`fe`ji\efne\[]fi`kjXiXYc\cXe[#]\ik`c\ jf`c#`[\XcZc`dXk\#Xe[XYle[XeZ\f]nXk\ii\jfliZ\j#Xccf]n_`Z_ Xi\g\i]\Zk]fik_\X^i`ZlckliXcj\Zkfi%@e)''0#XÔm\$p\Xi jkiXk\^`ZgcXenXj`e`k`Xk\[kfXZ_`\m\]ff[j\Zli`kpXe[ j\c]$jl]ÔZ`\eZp#n`k_k_\dX`e]fZljY\`e^k_\gi\gXiXk`feXe[ 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:fn$Yi\\[`e^Xe[ZfejkilZk`fef][X`ipgifa\Zkj#Xe[# n_\ee\Z\jjXip#\jkXYc`j_`e^gXike\ij_`gn`k_]Xid\ij`e fi[\ikfgifm`[\]fiX^\2 *% <ogXe[`e^gXjkip]XZkfi`\jXe[k_\gi\j\im`e^Xe[[ip`e^ f]]il`kjXe[m\^\kXYc\j2\jkXYc`j_`e^gXike\ij_`gjn`k_ cfZXcgif[lZ\ijkfgifm`[\]XZkfi`\jn`k_`e`k`Xcgif[lZ\2 +% Gfjk$_Xim\jk`e^^l`[XeZ\#`eZcl[`e^X[m`Z\fe ^iX[`e^#ZXee`e^#dXib\k`e^#e\Z\jjXipdXZ_`e\ip# Xe[jkfiX^\i\hl`i\d\ekj2 ,% <jkXYc`j_d\ekf]`ii`^Xk`fegifa\Zkj#`eZcl[`e^k_\ Yl`c[`e^f][XdjXe[`ii`^Xk`feZ_Xee\cj#`em\jkd\ek `edXZ_`e\jkf`dgc\d\eke\n`ii`^Xk`fejpjk\dj#Xe[ gldgj]fiX^i`Zlckli\gifa\Zkj% N`k_gifg\igcXee`e^Xe[k_\`dgc\d\ekXk`fef]e\n X^i`ZlckliXcgiXZk`Z\j#k_\BI>X`djkfXZ_`\m\j\c]$jl]ÔZ`\eZp Xe[]ff[j\Zli`kp`ek_\X^i`ZlckliXcj\Zkfi#n_`Z_`jgcXp`e^X c\X[`e^ifc\`ek_\jfZ`f$\Zfefd`Z[\m\cfgd\ek`ek_\Bli[`jkXe I\^`fe%K_\BI>jlggfikjXe[n\cZfd\j\og\ikjkfk_\I\^`fe kf[\m\cfge\nk\Z_efcf^`ZXcgifa\ZkjXe[Xjj`jkk_\X^i`Zlckli\ j\Zkfin`k_Xjg\Zkj`en_`Z_`k`jcXZb`e^%JlZ_gifa\ZkjZXe ^\e\iXk\^i\XkZfdd\iZ`XcjlZZ\jj]fi`ek\i\jk\[`em\jkfij%■ ('0 ((' 8>I@:LCKLI<@EK?<=<IK@C<:I<J:<EK I\jlii\Zk`e^X^i`Zlckli\ Kurdistan has a range of initiatives in place to optimise the Region’s agricultural sector @dgifm`e^Xe[dXeX^`e^Bli[`jkXeËjXYle[Xek nXk\ijlggc`\j`jXb\pgXikf]i\m`kXc`q`e^iliXcXi\Xj# \ogcX`ejGif]\jjfi>Xi\k_JkXejÔ\c[ Bli[`jkXe`jX]\ik`c\cXe[%N`k_`kji`Z_jf`cj#XYle[Xekn`ek\i iX`e]Xccj#Xe[j`^e`ÔZXek^ifle[nXk\ii\j\im\j#Bli[`jkXe_Xjf]k\e Y\\e[\jZi`Y\[XjXYi\X[YXjb\kZXgXYc\f]efkfecp]\\[`e^k_\ gfglcXk`fef]k_\I\^`fe#YlkXcjf\ogfik`e^kf_\ie\`^_Yfij% P\kk_`ji\gi\j\ekjfecpgfk\ek`XcXe[efkk_\i\Xc`kp% :lii\ekcp#Bli[`jkXei\dX`ejXe\k`dgfik\if]gif[lZkj%IliXc Xi\XjXi\jk`cci\Zfm\i`e^]ifdk_\c\^XZ`\jf]ZfeÕ`Zkj`eZ\k_\ (0.'j#n_`Z_jXnk_\jpjk\dXk`Z[\jkilZk`fef]k_\iliXc \em`ifed\ekYpk_\9XËXk_i\^`d\%:fdY`e\[n`k_k_\\]]\Zkjf] k_\\dYXi^f\jXe[\Zfefd`Z\d\i^\eZpdXeX^\d\ekf]k_\ (00'j#n_`Z_i\jlck\[`eXZfccXgj\f]k_\[fd\jk`ZX^i`ZlckliXc j\Zkfi]fccfn`e^k_\\d\i^\eZp`dgfikf]]ff[jkl]]j`dgc\d\ek\[ Ypk_\LE#Bli[`jkXeËjX^i`Zlckli\j\Zkfii\dX`ejm\ipdlZ_X 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jb`cc\[X[m`jfij#`kjm`j`fe_Xj\m\ipZ_XeZ\f]Y\`e^i\Xc`j\[% GcXejkfgif[lZ\\m\ipk_`e^k_XkBli[`jkXee\\[ji\hl`i\ Xe\ogfe\ek`Xc`eZi\Xj\`ek_\p`\c[jf]k_\I\^`feËjZifgjXZifjj k_\YfXi[ÇXe[`e`k`Xk`m\jXi\`egcXZ\kf[flYc\k_\m\^\kXYc\ p`\c[]ifd*''#'''kffm\i-''#'''kfee\j#Xe[k_\]il`kp`\c[ ]ifd,*#'''kf),'#'''kfee\jYp)'(*%K_\BI>ËjgcXejXcjf \em`jX^\Xj`^e`ÔZXek`eZi\Xj\`ed\Xk#[X`ip#Xe[gflckip gif[lZk`feÇ\efl^_kfjXk`j]pcfZXc[\dXe[Xe[\m\ekf\ogfik% 8ccf]k_\j\X[mXeZ\ji\hl`i\Xe\hlXc[\m\cfgd\ek`e]ff[ gifZ\jj`e^#Xe[k_\gcXejZXcc]fiXeX[[`k`feXc**cXi^\gifZ\jj`e^ ]XZkfi`\jkfY\Yl`ckYp)'(*%8^i`Zlckli\`jf]^i\Xk`dgfikXeZ\kf k_\I\^`fe#Xe[n`ccY\\m\edfi\jfXjk_\p\Xij^ffe%■ There is no shortage of water for crops in Kurdistan ((( (() ?<8CK? Nfib`e^kfnXi[jXZ`k`q\e$ Z\ek\i\[_\Xck_ZXi\jpjk\d Kurdistan aims to offer the best possible healthcare within its budget M`XeIX_dXe`ek\im`\nj;iKX_\i8?XniXd`# BI>D`e`jk\if]?\Xck_ =fii\X[\ijn_fXi\e\nkfBli[`jkXeËj_\Xck_ZXi\jpjk\d#ZXepfl ^`m\Xefm\im`\nf]_fn`knfibj6 hl`k\X[\^i\\f]`e[\g\e[\ek[\Z`j`fe$dXb`e^fm\ifli_\Xck_ \og\e[`kli\Xe[gcXee`e^%?fn\m\i#n\_Xm\c\jjZfekifcfm\i d\[`Z`e\j#Xjn\i\Z\`m\XYflk+'$,'g\iZ\ekf]flid\[`Z`e\ e\\[j[`i\Zkcp]ifdk_\=\[\iXcD`e`jkipf]?\Xck_`e9X^_[X[% ?fnnflc[pfliXk\k_\jkXk\f]pfli_\Xck_ZXi\jpjk\d6 K_\_\Xck_ZXi\jpjk\df]k_\Bli[`jkXeI\^`fe#Xe[f]k_\i\jkf] @iXh#`j[`m`[\[Y\kn\\eglYc`ZXe[gi`mXk\[fZkfij#Zc`e`ZjXe[ _fjg`kXcj%GlYc`ZXe[gi`mXk\_\Xck_ZXi\_Xm\fg\iXk\[`egXiXcc\c ]fidXepp\Xij#jfk_`j`jXn\cc$\jkXYc`j_\[]\Xkli\f]flijpjk\d% GlYc`Z_\Xck_ZXi\`j]i\\f]Z_Xi^\%Gi`mXk\_\Xck_ZXi\`jgX`[]fiXk k_\gf`ekf]lj\#Xjk_\i\`jXcdfjkefgi`mXk\_\Xck_`ejliXeZ\% <XZ_^fm\iefiXk\_Xj`kjfne;`i\ZkfiXk\f]?\Xck_%K_\ ^fm\iefiXk\jXi\[`m`[\[`ekf[`jki`Zkj#n_`Z_Xi\`eZ_Xi^\f] _fjg`kXcj#gi`dXip_\Xck_Z\ek\ij#Xe[j\Zfe[XipXe[k\ik`Xip Z\ek\ij`ek_\`iXi\Xj% ?fn`jglYc`Z_\Xck_ZXi\]le[\[6 K_\Bli[`jkXeI\^`feXjXn_fc\i\Z\`m\j(.g\iZ\ekf]k_\@iXh` Yl[^\kÇk_fl^_#`ei\Xc`kp#n\f]k\ei\Z\`m\c\jjk_Xek_`jÇXe[k_\ BI>[\Z`[\j_fndlZ_f]flij_Xi\kfjg\e[fe_\Xck_%Jfn\_Xm\ @kËjXd`o\[g`Zkli\%@]n\ZfdgXi\`kkfk_\(00'jXe[\Xicp)'''j# n_\en\n\i\le[\iX[flYc\\dYXi^fXe[k_\\ZfefdpnXj`e m\ipYX[j_Xg\#flijpjk\dkf[Xp`jdlZ_Y\kk\i%Efnn\ZXe jg\e[dfi\fe_\Xck_Xe[#n`k_XY\kk\ij\Zli`kpj`klXk`fe#k_\ eldY\if]Y\[jg\igfglcXk`feXe[_fjg`kXcm`j`kfiiXk\j`e Bli[`jkXeXi\_`^_\ik_Xe`ek_\i\jkf]@iXh%N\Xcjf_Xm\\efl^_ [fZkfij#elij\j#gXiXd\[`ZjkX]]Xe[efe$d\[`ZXcjkX]]#jfk_\i\ `jeËkXj_fikX^\f]g\ijfee\c% ?fn\m\i#n\_Xm\jfd\YXj`ZgifYc\djk_Xkn\Xi\kip`e^kf X[[i\jj%N\e\\[kfdfm\k_\]fZljkfnXi[jgi`dXip_\Xck_ZXi\ Xe[gi\m\ek`m\d\[`Z`e\%N\_Xm\XgXk`\ek$Z\ek\i\[jpjk\d# n_`Z_e\\[jkfY\Zfd\XZ`k`q\e$Z\ek\i\[jpjk\d%FeXm\iX^\# k_\i\`jfe\gi`dXip_\Xck_Z\eki\G?: g\ijfd\,#.''g\fgc\% N_`c\k_`j`jdlZ_Y\kk\ik_Xe`ek_\i\jkf]@iXh#dXepgXk`\ekj jk`cc^fjkiX`^_kkf_fjg`kXc]figi`dXipe\\[j#gXikcpY\ZXlj\f] ?<8CK? Erbil Hospital Healthcare is split between the private and public sectors fc[_XY`kjXe[gXikcpY\ZXlj\jfd\G?:jXi\efkf]]\i`e^k_\ c\m\cf]ZXi\k_Xkk_\pj_flc[% ?fn[fk_\gi`mXk\Xe[glYc`Zj\Zkfijnfibkf^\k_\i6 9fk_jpjk\dj_Xm\fg\iXk\[j`dlckXe\fljcp`e@iXh]fidXep p\Xij%Fek_\fe\_Xe[#gi`mXk\_fjg`kXcj#Xe[[fZkfij`ek_\`i gi`mXk\giXZk`Z\j#f]]\i\]ÔZ`\eZp#jg\\[Xe[hlXc`kp#Xe[_\cgkf kXb\k_\gi\jjli\f]]k_\eXk`feXc_\Xck_ZXi\jpjk\d%8e[# i\Z\ekcp#jfd\e\naf`ekglYc`Z$gi`mXk\`e`k`Xk`m\j_Xm\Y\\e Y\e\Ôk`e^Yfk_%=fi\oXdgc\#k_\ZfejkilZk`fef]k_\D\[pX ;`X^efjk`Z:\ek\iXe[k_\<iY`c:Xi[`XZ:\ek\in\i\]le[\[Yp k_\BI>#Ylkk_\pXi\fg\iXk\[Ypk_\gi`mXk\j\ZkfiXe[kXb\ Yfk_gi`mXk\Xe[eXk`feXc_\Xck_ZXj\j% ?fn\m\i#k_\i\`jXcjfZfeÕ`ZkY\kn\\ek_\knfjpjk\dj#Xe[ k_`j_XjkfY\kXZbc\[%DXep[fZkfijnfib`eYfk_k_\glYc`ZXe[ gi`mXk\j\Zkfij#Xe[k_`jjfd\k`d\jZXlj\jXZfeÕ`Zkf]`ek\i\jk% K_\i\`jXj_fikX^\f]glYc`Z$j\Zkfi[fZkfij#gXik`ZlcXicp`e]Xd`cp d\[`Z`e\%K_\p_Xm\X_\XmpnfibcfX[Xe[m\ip]lccZc`e`Zj%>`m\e k_\Y\e\ÔkjXe[i\nXi[jk_Xkk_\pÔe[`ek_\`igi`mXk\giXZk`Z\j# 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((/ C@M@E>@E8E;M@J@K@E>BLI;@JK8E Bli[`j_Zlckli\1 df[\ie`kpm\ijljkiX[`k`fe 8]k\i^\e\iXk`fejf]jlggi\jj`fe#Bli[`j_Zlckli\`j Z_Xe^`e^[l\kfk_\ZfdY`e\[\]]\Zkjf]k\Z_efcf^p Xe[^cfYXc`eÕl\eZ\j#jXpj?Xj_\d8_dX[qX[\_ 8jXg\fgc\\o`jk`e^`eXmXi`\[cXe[Xe[n`k_dXepe\`^_Yfij#k_\ Bli[j_Xm\Xi`Z_Xe[mXi`\[Zlckli\#`dYl\[n`k_[\\gkiX[`k`fej Xe[efnZfcfi\[`eZi\Xj`e^cpYpk_\`dgXZkf]df[\ie`kp%=Xi]ifd Traditional aspects of Kurdish culture coexist alongside modern forms of artistic expression and entertainment k_\`eÕl\eZ\jf]df[\iec`]\jkpc\j#k_\ZlckliXcgif[lZk`fejf] Bli[`j_jfZ`\k`\jn\i\dX`ecpfiXc%9XccX[jXe[jfe^ji\Õ\Zk\[ k_\mXi`fljXjg\Zkjf]Bli[`j_jfZ`XcXe[ZlckliXcg\Zlc`Xi`k`\j# n_`c\gf\kipnXj#lek`ck_\(0k_Z\eklip#k_\fecpdXe`]\jkXk`fe f]Bli[`j_Zlckli\`ek_\Ô\c[f]ni`kk\ec`k\iXkli\%K_\i`Z_fiXc c`k\iXkli\#Xcfe^j`[\k_\ZcXjj`ZXcgf\kip#gifdfk\[k_\ [`jk`eZk`m\e\jjf]k_\Bli[`j_\k_ef$c`e^l`jk`Z^iflg% C@M@E>@E8E;M@J@K@E>BLI;@JK8E Gif]fle[Z_Xe^\j`ek_\jfZ`Xcc`]\f] k_\I\^`feXe[k_\XdY`k`fejf]X_`^_cp \[lZXk\[Xe[df[\ie`q\[jfZ`\kp_Xm\ 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ZfdgXep?`ek\icXe[KiXm\cnnn%_`ek\icXe[kiXm\c%Zfd `jilee`e^ kflijkf@iXh`Bli[`jkXe#Cfe[fe$YXj\[@B9KiXm\cXe[KflijZXe XiiXe^\Õ`^_kj#Xe[k_\dXaficfZXc_fk\cjÇjlZ_Xjk_\A`pXe`e ;f_lb#k_\J_\iXkfe`e<iY`c#Xe[k_\8j_k``eJlcX`dXe`XÇZXe _\cgn`k_j`^_kj\\`e^%I\Z\ekifX[$Yl`c[`e^`jfg\e`e^lgdXep gcXZ\jf]jZ\e`ZY\Xlkp#Xe[X]i\eqpf]jg\ZlcXk`m\Z_Xc\k$Xe[ _fk\c$Yl`c[`e^`jkXb`e^gcXZ\`eJ_XhcXnX#InXe[lq#Xe[;lbXe% K_\i\Xi\X`igfikjfg\iXk`e^kf`ek\ieXk`feXcjkXe[Xi[j `e<iY`cXe[JlcX`dXe`X#Xe[('$[Xp@iXhBli[`jkXe\ekipg\id`kj The splendid mountain scenery at Rwanduz ()* SPONSORED FEATURE Kurdish identity and culture close up Tours to Kurdistan Kurdistan is a door to various countries, nationalities and cultures. It borders Turkey, Syria, Iran and Iraq. Its religious population is diverse. While the main religion is Islam, Christianity and Yezidism are important, too. Assyrian and Chaldean Christians make up a large minority, not least because here lies the home of the origins of Christianity. There is also a small group of Kurdish Jews living in the province. The different religious communities live together in peace. With their own geographic and spiritual home, Kurds are now working hard to preserve their culture and share what their province has to offer with visitors. What does Kurdistan have to offer? Geologically, the province has much to offer. Southern Iraq and Mesopotamia consist of a flat desert, but Kurdistan has not only deserts, but also 2,000m-high mountains. Terre Entière, Paris Cultural and spiritual tours Phone: +33 (0) 1 44 39 03 03 www.terreentiere.com Visitors can pass from one type of scenery to another in just a day. Kurdistan is largely mountainous. The highest point, at 3,611m, is known as Cheekah Dar (black tent). These mountains are part of the Zagros range, which continues on into Iran. There are also many rivers flowing through them, including the Zab, which flows from the east to the west, and the Tigris, which runs through Kurdistan from Turkey and on to Iraq. repression. You will encounter the minorities who inhabit these lands and who form part of a magnificent human tapestry. More than 4,000 years ago, Assyria began a process that was to leave its imprint on the Middle East as a whole. Fourteen centuries later, Medes, Babylonians and Scythians opened a new chapter. During the tour, you will follow in the traces of a forgotten history and discover the signs of a cultural renaissance. Spectacular tours About Iraqi Kurdistan Visitors to the province enjoy a mix of culture, religion and scenery. An eight-day tour from Terre Entière, the Kurdistan tour specialists with its subsidiary Babel Tours, provides a rich variety in what is a very human experience. You will discover landscapes of breathtaking beauty, from the deserts in the south to the mountains in the north and east. You will see the Kurdish identity and culture close up – and learn of the often painful and tragic history of a people that has withstood repeated By the end of the first Gulf War, the Allies had established a haven in northern Iraq. After the withdrawal of Iraqi forces from three northern provinces, Kurdistan emerged in 1992 as an autonomous province with its own local government and parliament. It has since gained official recognition internationally as an autonomous federal entity. Babel Tours, Erbil Subsidiary of Terre Entière in Iraq Phone : + 964 (0) 750 719 68 01 www.babel-tours.com C@M@E>@E8E;M@J@K@E>BLI;@JK8E @e@iXh`Bli[`jkXe#k_\jZ\e\ip`jdX^e`ÔZ\ek1 jfd\k`d\jnff[\[Xe[nXk\i\[YpkliYlc\ek jki\Xdj#jfd\k`d\j^XlekXe[YXi\#YlkXcnXpj [iXdXk`ZXe[Xn\jfd\ Visitors can enter the picturesque Kurdistan Region via road Xi\^iXek\[feXii`mXc%8]k\ik_Xk#]fi\`^e\ijdljki\^`jk\in`k_ k_\Xlk_fi`k`\j%Bli[`j_`jjgfb\ek_ifl^_flkk_\I\^`fe#Xe[ 8iXY`Z`jle[\ijkff[#Ylkpfle^g\fgc\^\e\iXccpgi\]\ikf jg\Xb<e^c`j_%>f`e^feXefi^Xe`q\[kflifi_`i`e^X^l`[\n`cc _\cgjfcm\Zfddle`ZXk`fegifYc\dj%J_Xi\[kXo`jXe[kXo`j]fi jfc\_`i\Xi\XmX`cXYc\% @e@iXh`Bli[`jkXe#k_\jZ\e\ip`jdX^e`ÔZ\ek1jfd\k`d\j nff[\[Xe[nXk\i\[YpkliYlc\ekjki\Xdj#jfd\k`d\j^XlekXe[ YXi\#YlkXcnXpj[iXdXk`ZXe[Xn\jfd\%@ejgi`e^#k_\[Xqqc`e^ Zfcfijf]klc`gj#ifj\j#_pXZ`ek_j#^cX[`fc`#Xe[[X]]f[`cjXi\ i\Õ\Zk\[`ek_\nfd\eËjZfjkld\j%K_\]il`kjXi\nfe[\i]lc# \jg\Z`XccpZ_\ii`\jXe[gfd\^iXeXk\j#Xe[k_\i`m\ijXi\_fd\kf +'[`]]\i\ekkpg\jf]Ôj_%N`c[YfXij#Y\Xij#_p\eXj#`Y\o\j#_Xi\j# Xe[c`fejn\i\_lek\[`ek_\dflekX`ej% M`j`kfij\ek\i`e^k_\Bli[`jkXeI\^`fem`XifX[k_ifl^_ Klib\pZXe^\kXd`e`YljfikXo`kfk_\kfnef]QXb_fn`k_`kj dX^e`ÔZ\ek#XeZ`\ek8YYXj`[Yi`[^\%K_\^ifn`e^Z`kpf];f_lb`j Xe_fliXnXpXe[ZXeY\lj\[XjXYXj\]fim`j`k`e^k_\P\q`[` k\dgc\f]CXc`j_%@k`jXcjfi\XjfeXYcpZcfj\kfk_\9Xm`Xe^fi^\# n_`Z_nXjZfejkilZk\[Ypk_\8jjpi`Xej`ek_\j\m\ek_Z\eklip9: kfkiXejgfiknXk\ikfk_\`ifiZ_Xi[j%K_\^fi^\`jc`e\[n`k_ flkjkXe[`e^8jjpi`Xei\c`\]j% <iY`cÇfe\f]k_\nfic[Ëjfc[\jk`e_XY`k\[Z`k`\j#Ôijk d\ek`fe\[`ek_\)*i[Z\eklip9:Ç`j#kf[Xp#k_\j\Xkf]k_\ Bli[`jkXeI\^`feXc>fm\ied\ek%@k`j[fd`eXk\[YpXeXeZ`\ek Z`kX[\ck_Xk_XjY\\e[\ZcXi\[XLe\jZfNfic[?\i`kX^\J`k\#n`k_ Xdlj\ldf]Bli[`j_k\ok`c\j%K_\>i\\bj#le[\i8c\oXe[\ik_\ >i\Xk#[\]\Xk\[k_\G\ij`XeB`e^;Xi`lj@@@`ek_\9Xkkc\f] >Xl^Xd\cX`e**(9:#]fl^_k(''bdn\jkf]<iY`c%<oZlij`fej]ifd k_\Z`kpkfk_\]flik_$Z\eklip:_i`jk`XedfeXjk\i`\jf];\iDXi DXkk`Xe[DXi9\_eXdXi\gfjj`Yc\% JlcX`dXe`X#Xdf[\ieZ`kpn`k_\c\^XekjlYliYj#Z_`Zj_fgj# Xe[ki\\$c`e\[Yflc\mXi[j#`jXknf$kfk_i\\$_fliaflie\p]ifd <iY`c%<e$iflk\`jAXidf#fe\f]k_\\Xic`\jkm`ccX^\jbefnekfdXe# [Xk`e^YXZbkf-'''9:%@kjfeZ\$[i\X[\[i\[j\Zli`kpYl`c[`e^ _XjY\\eklie\[`ekfXdlj\ldk_Xk`jXi\d`e[\if]k_\nfijk \oZ\jj\jg\ig\kiXk\[X^X`ejkk_\Bli[jYpJX[[XdËji\^`d\#Xj`j ?XcXYaX#k_\j`k\f]k_\Z_\d`ZXcn\XgfejXkkXZb`e(0//% ;\jg`k\k_\`if]k\ekiX^`Z_`jkfip#k_\Bli[j_Xm\e\m\icfjk k_\`icfm\f]Z\c\YiXk`fej%EXnilq#k_\e\np\Xi]\jk`mXc#`jljlXccp Xn\\b$cfe^X]]X`in`k_YfeÔi\jkfj`^e`]pk_\\e[f]k_\n`ek\i j\Xjfe%Kfli`jkjXi\_fefi\[^l\jkjXkk_\]\jk`m`k`\j#Xe[k_\ ^i\\k`e^\ok\e[\[kfm`j`kfijn_\i\m\ik_\pkiXm\c`jXcnXpj Èn\cZfd\#n\cZfd\#n\cZfd\É#Xe[`kZfd\j]ifdk_\_\Xik%■ (), ()- BLI;@JK8E1@EM<JK@E;<DF:I8:P)'(( @e[\of]X[m\ik`j\ij 8[[XoG\kifc\ld%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% ./ 8j`XZ\cc%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%) 8kZfeq%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%+ ;EF%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%/ =fiY\jDXe_XkkXe%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% .' >Xi[XNfic[%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% +* >\e\c<e\i^p@ek\ieXk`feXc%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% .. ?Xi[Xd%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% (@=G>iflg%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%,B8I>iflg%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%(). 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