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From the gate of Kurdistan.. A leading Emirati company is looking to enter the Iraqi market
Shafaq News/ The Consulate General of the United Arab Emirates in Erbil organized a meeting between representatives of the Ministry of Trade in the Kurdistan Region of Iraq, and Noon, a leading e-commerce company in the UAE and the Middle East, with the aim of discussing steps to enter the Iraqi market through the Kurdistan Region portal.
Consul General of the UAE Ahmed Al Dhaheri said, during the online meeting, that "the Kurdistan Region of Iraq, after updating the investment law and the procedures provided to companies with the aim of facilitating their entry into the region's market, has become more attractive to companies with the availability of the most important feature that enhances the success of investments, which is Availability of security and supporting infrastructure.
And Al Dhaheri indicated, according to a consulate statement received by Shafak News Agency, on Wednesday, that "Kurdistan Region is loving and looking forward to increasing its investments and is particularly loving to strengthen relations with the United Arab Emirates, and to attract its companies to work in the region. We should note that there are facilities for Emirati companies currently operating in the region. region and for those wishing to enter it.
Al Dhaheri considered the performance of Emirati companies in the Kurdistan Region successful and influential, contributing significantly to the development of many sectors, most notably energy, as it contributes to supporting the production of up to 70% of the electricity produced using gas.
The Consul General of the UAE concluded his speech by saying, "We discussed the issue of cooperation in the e-commerce sector with the Minister of Trade and Industry in the Kurdistan Region, which included encouraging companies working in this field, led by Noon Company, which is one of the leading companies in the UAE and we are proud of it because it was able in a short period of time. To have a strong presence.
On the part of the Ministry of Trade and Industry in the Kurdistan Region, the meeting was attended by Counselor Fathi Al-Mudarres, and he said in his speech, that the citizens of the Kurdistan Region are looking forward to everything new, including electronic trading platforms, adding, "Currently, there are no companies registered in the region to engage in such activities, despite that there is a demand to deal with Foreign companies based abroad, such as Amazon.
Al-Modarres pointed out, "In the event that a major company in this sector, such as Noon, enters the Iraqi market, which is a large market, we expect great success for it as there are no competitors for it, and in comparison to the remarkable success achieved by other companies such as Talabat, which is also Emirati and has an electronic platform that focuses transferring meals to customers in the Kurdistan Region.
Adviser to the Ministry of Trade and Industry, Fathi Al-Mudarres, confirmed that the ministry and the minister personally support the entry of more foreign companies into the Kurdistan Region, and welcomes the registration of Noon e-commerce branch in the region. In this case, the ministry will provide all the facilities and correspondence necessary for the company to launch its services.
On the part of the "Noon" company, Mrs. Anoud Al-Qash participated, and said in a speech on behalf of the company, "It would be good if the management of the Noon company decided to open a branch in Iraq that operates from the Kurdistan Region."
She added, "Because the company has no competitor in Iraq, and this is a good point that can be built upon and can be used to discuss the issue by the company's management, and based on the information provided in the current meeting by the Ministry of Trade and Industry in the Kurdistan Region."
Noon, which was founded in 2016 and is considered a competitor to Amazon in the Middle East, with an average customer rate of 4 million, provides platforms to provide three types of services, namely Noon electronic goods and products, Noon food, and Noon for daily needs. Hypermarkets.
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Consul General of the UAE Ahmed Al Dhaheri said, during the online meeting, that "the Kurdistan Region of Iraq, after updating the investment law and the procedures provided to companies with the aim of facilitating their entry into the region's market, has become more attractive to companies with the availability of the most important feature that enhances the success of investments, which is Availability of security and supporting infrastructure.
And Al Dhaheri indicated, according to a consulate statement received by Shafak News Agency, on Wednesday, that "Kurdistan Region is loving and looking forward to increasing its investments and is particularly loving to strengthen relations with the United Arab Emirates, and to attract its companies to work in the region. We should note that there are facilities for Emirati companies currently operating in the region. region and for those wishing to enter it.
Al Dhaheri considered the performance of Emirati companies in the Kurdistan Region successful and influential, contributing significantly to the development of many sectors, most notably energy, as it contributes to supporting the production of up to 70% of the electricity produced using gas.
The Consul General of the UAE concluded his speech by saying, "We discussed the issue of cooperation in the e-commerce sector with the Minister of Trade and Industry in the Kurdistan Region, which included encouraging companies working in this field, led by Noon Company, which is one of the leading companies in the UAE and we are proud of it because it was able in a short period of time. To have a strong presence.
On the part of the Ministry of Trade and Industry in the Kurdistan Region, the meeting was attended by Counselor Fathi Al-Mudarres, and he said in his speech, that the citizens of the Kurdistan Region are looking forward to everything new, including electronic trading platforms, adding, "Currently, there are no companies registered in the region to engage in such activities, despite that there is a demand to deal with Foreign companies based abroad, such as Amazon.
Al-Modarres pointed out, "In the event that a major company in this sector, such as Noon, enters the Iraqi market, which is a large market, we expect great success for it as there are no competitors for it, and in comparison to the remarkable success achieved by other companies such as Talabat, which is also Emirati and has an electronic platform that focuses transferring meals to customers in the Kurdistan Region.
Adviser to the Ministry of Trade and Industry, Fathi Al-Mudarres, confirmed that the ministry and the minister personally support the entry of more foreign companies into the Kurdistan Region, and welcomes the registration of Noon e-commerce branch in the region. In this case, the ministry will provide all the facilities and correspondence necessary for the company to launch its services.
On the part of the "Noon" company, Mrs. Anoud Al-Qash participated, and said in a speech on behalf of the company, "It would be good if the management of the Noon company decided to open a branch in Iraq that operates from the Kurdistan Region."
She added, "Because the company has no competitor in Iraq, and this is a good point that can be built upon and can be used to discuss the issue by the company's management, and based on the information provided in the current meeting by the Ministry of Trade and Industry in the Kurdistan Region."
Noon, which was founded in 2016 and is considered a competitor to Amazon in the Middle East, with an average customer rate of 4 million, provides platforms to provide three types of services, namely Noon electronic goods and products, Noon food, and Noon for daily needs. Hypermarkets.
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