Investor Signals


# Actual Signal Date Investing Company Parent Company Source country Source State Source City Destination Region(s) Destination Country(s) Industry Sector(s) Industry Cluster(s) Industry Activity(s) Description Signals Data source Contact name (1) Position (1) Email (1) Telephone (1) Contact name (2) Position (2) Email (2) Telephone (2) Contact name (3) Position (3) Email (3) Telephone (3)
1 Dec 2017 Rotana Hotels Rotana Hotels UAE Abu Dhabi Abu Dhabi   Iraq|Saudi Arabia|Tanzania|Turkey Hotels & Tourism Tourism Construction United Arab Emirates-based Rotana Hotels, a hotel management specialist,
is planning to open 14 new hotels in the Middle East and Africa by the
end of 2018. The company will break into new markets including Saudi
Arabia, Turkey, Iraq and Tanzania.
New Investment Strategy Omer Kaddouri Chief Executive Officer                    
2 Jul 2016 Pertamina Pertamina Indonesia Java Jakarta   Algeria|Iran|Iraq Coal, Oil and Natural Gas Energy   Indonesia-based Pertamina, an oil and gas company, plans to sign a
memorandum of understanding with the National Iranian Oil Company
regarding oil and gas processing. The firm has been studying
possibilities to cooperate with the country and also aims to establish
cooperation with Algeria and Iraq.
New Investment Strategy   Dwi Soetjipto President                    
3 Sep 2015 Eriell Eriell Russia Central Federal District Moscow   Iraq Coal, Oil and Natural Gas Energy   Russia-based Eriell, a provider of oilfield services, has signed a new
contract with Lukoil Middle East to drill 25 production wells in Iraq.
The contract marks the company’s entry into the Iraq market and the firm
has indicated that it hopes this will provide the experience required
for further strengthening of the company’s positions in other countries
of the region. As part of this contract drilling is expected to commence
during 2016.
New Overseas Supplier Contracts   Vitaly Dokunikhin Executive Director                    
4 Oct 2014 Lukoil Lukoil Russia Central Federal District Moscow   Iraq Coal, Oil and Natural Gas Energy Extraction|Manufacturing Russia-based energy company Lukoil is considering expanding its
operations in Iraq. It is currently operating on the West Qurna-2 oil
field and has the right to further develop and explore the Block 10
area, located 120km west of Basra. The company is also considering
participating in a joint venture with Russian-based exploration and
production company Zarubezhneft, to establish a refinery and develop the
Nassiriya oil field in southern Iraq.
Considering Project (New or Expansion)   Vagit Alekperov Chief Executive Officer                    
5 May 2014 Arabtec Holding Arabtec Holding UAE Dubai Dubai   Algeria|Iraq|Russia Real Estate Construction   United Arab Emirates-based Arabtec Holding, a company that engages in
civil construction and related works, is considering expansion in Iraq,
Algeria and Russia. The company is looking to build on existing regional
projects in its home market and propel itself into the top 10
construction firms worldwide by 2018.
New Investment Strategy   Hassan Abdullah Ismaik Chief Executive Officer                    
6 Nov 2013 Bentley Motors Volkswagen Germany Niedersachsen Wolfsburg   Iraq Automotive OEM Transport Equipment   Car manufacturer Bentley Motors, a subsidiary of Germany-based
Volkswagen, is to explore the possibility of entering Iraq. The
automaker is looking to expand in new and existing markets, and intends
to launch a new SUV to the market. It hopes to grow from a 10,000 car a
year company to a 15,000 annual output.
New Investment Strategy   Geoff Dowding Director (Middle East, Asia and UK)                    
7 Jun 2013 Qualitynet Qualitynet Kuwait Al-Kuwait Kuwait City   Egypt|Iraq|Qatar|Saudi Arabia Communications ICT & Electronics   Kuwait-based QualityNet, an Internet provider, is looking to expand
overseas to Egypt, Saudi Arabia, Qatar and Iraq in a bid to counter
slowing growth in its domestic market. The firm is focusing on a major
deal in Egypt and a couple of major deals in Saudi Arabia and sees
potential in Qatar and Iraq.
New Investment Strategy   Waleed Saleh Al Qallaf Chief Executive Officer                    
8 Apr 2013 Tasweek Real Estate Marketing and Development Tasweek Real Estate Marketing and Development UAE Abu Dhabi Abu Dhabi   Greece|Iraq|Lebanon Real Estate Construction   United Arab Emirates-based Tasweek Real Estate Marketing and Development
is considering Iraq, Lebanon and Greece as potential markets in which to
grow its international portfolio. The company, which currently has
investments spread across the UAE, Malaysia and Morocco, is active in
the commercial, residential and mixed use real estate sectors.
New Investment Strategy   Masood Al Awar Chief Executive Officer                    
9 Nov 2012 EFG Hermes EFG Hermes Holding Egypt Giza 6th of October City   Iraq|Libya|Turkey Financial Services Financial Services   EFG Hermes, a subsidiary of Egypt-based EFG Hermes Holding, is looking
to expand into Turkey, Iraq and Libya. EFG Hermes is an investment bank
in the Middle East and north Africa region which specialises in
securities brokerage, asset management, investment banking, private
equity and research.
New Investment Strategy   Kashif Siddiqui Managing Director, EFG Hermes                    
10 Mar 2012 Randon Randon Brazil Rio Grande do Sul Caxias do Sul   Iraq|Saudi Arabia Automotive Components Transport Equipment   Brazilian road transport products manufacturer Randon is seeking
partners to expand its operations in the Arab world, with Saudi Arabia
and Iraq on the radar. The company has not identified a country in which
to commence operations, but may favour Saudi Arabia, due to its
population and market size, or Iraq, once stabilised.
New Investment Strategy   Erino Tonon Vice President, Operations                    
11 Mar 2012 Ooredoo (Qatar Telecom) Ooredoo (Qatar Telecom) Qatar Qatar Doha   Algeria|Iraq|Tunisia Communications ICT & Electronics   Qatar Telecom (Qtel), a Qatar-based provider of domestic and
international telecommunication services, is planning to expand its
operations organically in Tunisia, Algeria and Iraq. The company
believes that its mobile and fixed networks in these countries need
major investment. Qtel will also seek licences for third generation
mobile technology in these countries, with licences for Tunisia and
Algeria possibly being issued in 2012.
New Investment Strategy   Nasser Marafih Chief Executive Officer                    
12 Feb 2012 Mediterranean and Gulf Insurance and Reinsurance Company (Medgulf) LFZ Holding Lebanon Beyrouth Beirut   Egypt|Iraq|Turkey Financial Services Financial Services   Insurance provider Mediterranean and Gulf Insurance and Reinsurance
Company (Medgulf), a subsidiary of Lebanon-based LFZ Holding, plans to
expand into Egypt, Turkey and Iraq. The company is planning the
expansion after the International Finance Corporation, a member of the
World Bank Group, announced that it would invest $124m into the company
in return for a 15% equity stake. Medgulf will use the cash injection to
extend its health and commercial risk insurance services to the three
countries, which it views as being currently underserved in terms of
insurance provision.
New Funding/Resources for Expansion|New Investment Strategy   Lutfi El Zein Chairperson, Mediterranean and Gulf Insurance and Reinsurance Company                    
13 Jan 2012 Carnelutti Studio Legale Associato Carnelutti Studio Legale Associato Italy Lombardia Milan   Iraq Business Services Professional Services   Italy-based law firm CBA Studio Legale is planning to concentrate
efforts to expand its business in Iraq, where the company expects
foreign investments to be booming in the coming years. The company also
recently announced it will open an office in Tripoli, Libya with its
Middle East and North Africa alliance partner Amereller.
New Investment Strategy   Angelo Bonissoni Managing Partner                    
14 Oct 2011 Koctas Kingfisher United Kingdom South East (UK) London   Armenia|Azerbaijan|Egypt|France|Iraq|Kazakhstan|Turkmenistan Consumer Products Consumer Goods|Retail Trade   UK-based Kingfisher has announced that its subsidiary, Koctas, has
announced that it has plans to expand Koctas into markets near or
neighbouring Turkey, such as like Azerbaijan, Armenia, Turkmenistan,
Kazakhstan, Iraq and Egypt. Koctas also thinks there are still
opportunities to grow business in France. The company specialises in
home improvement and is also a wholesaler of construction materials.
New Investment Strategy   Ian Cheshire Chief Executive Officer                    
15 Sep 2011 BELA International BELA International Sri Lanka Western Colombo   Iraq Coal, Oil and Natural Gas Energy Electricity Sri Lanka-based BELA International has been selected by the Iraqi
government for an engineering consultancy services contract to implement
gas power projects in Iraq for the first time in history. This is the
single largest international consultancy contract won by a Sri Lankan
company in the power sector. Through the implementation of this gas
power projects, the Iraqi government is planning to meet the demand for
electricity in Iraq.
New Overseas Supplier Contracts   Chanaka Benjamin Managing Director                    
16 Aug 2011 Lamprell Lamprell UAE Dubai Dubai   Iraq Business Services Energy   United Arab Emirates-based Lamprell, which provides refurbishment and
construction services to the oil and gas industry, is considering
expanding its business in the Middle East. The company plans to
particularly focus on Iraq, seeking to take advantage of the boom in oil
exploration. Lamprell hopes to establish itself in Iraq by the end of
2011, planning to build rigs and provide engineering services. It is
also in talks with potential partners about setting up bases in
Kurdistan and southern Iraq.
Considering Project (New or Expansion)   Nigel McCue Chief Executive Officer                    
17 Aug 2011 Zarubezhneft Zarubezhneft Russia Central Federal District Moscow   Cuba|Iraq|Venezuela Coal, Oil and Natural Gas Energy Extraction Russia-based oil company Zarubezhneft is considering establishing joint
operations in Iraq, Cuba, and Venezuela with Vietnam-based oil and gas
exploration and development firm PetroVietnam. The two companies also
plan to form a special subsidiary to possibly carry out geological
exploration and development in Russia’s offshore zone.
Considering Project (New or Expansion)   Nikolai Brunich Head                    
18 Aug 2011 Vietnam Oil and Gas Corporation (PetroVietnam) Vietnam Oil and Gas Corporation (PetroVietnam) Vietnam Ha Noi Ha Noi   Cuba|Iraq|Russia|Venezuela Coal, Oil and Natural Gas Energy Extraction Vietnam-based oil and gas exploration and development company
PetroVietnam is looking at establishing joint operations in Iraq, Cuba,
and Venezuela with Russian company Zarubezhneft. The two companies are
also planning to form a special subsidiary to carry out geological
exploration and development in Russia’s offshore zone.
Considering Project (New or Expansion)   Viktor Abmayev Head, Rusvietpetro                    
19 Jul 2011 Otto Marine Otto Marine Singapore Singapore Singapore   Cameroon|Iraq|South Africa Transportation Transportation, Warehousing & Storage Logistics, Distribution & Transportation Singapore-based Otto Marine, an offshore marine company which
specialises in building complex offshore support vessels, ship
chartering and offering specialised offshore services, has announced
that its operating unit Marine Karp has secured vessel operating
contracts worth $15m for three of the group’s offshore service vehicles.
These contracts mark the entry for the group in new markets like Middle
East, west Africa and South Africa with respect to operating vessels in
these regions. The vessels will be depoyed in Iraq, South Africa and
New Overseas Supplier Contracts   Lee Kok Wah Chief Executive Officer                    
20 Jun 2011 Sisecam Sisecam Turkey Turkey Istanbul   China|Egypt|Greece|Iraq Ceramics & Glass Construction   Turkish glass-making giant Sisecam is looking for expansion
opportunities and has named China, Greece, Egypt and Iraq as
destinations of interest. The company, best known for its production of
flat glass, is looking to grow its sales volume by 15% in 2011.
New Investment Strategy   Ahmet Kirman Chief Executive Officer                    
21 Jun 2011 Lanco Infratech Lanco Infratech India Haryana Gurgaon   Iraq Coal, Oil and Natural Gas Energy Construction India-based Lanco Infratech, a large integrated infrastructure
enterprise, has announced that its engineering, procurement and
construction division has won its first international contract in Iraq
for a power plant with two generators, each with a capacity of 125
megawatts. It is to be located in AlAnbar Province. The order is valued
at Rs3.65bn ($81.45m). The contract includes complete engineering,
procurement and construction of an open cycle gas based thermal power
plant with two frame gas turbine generator sets supplied by General
Electric International. The project is scheduled to be completed by
October 2012.
New Overseas Supplier Contracts   Kishore Vaid Senior Vice President, Business Development                    
22 Mar 2011 Ayyildizlar Insaat (Ayyildizlar Construction) Ayyildizlar Insaat (Ayyildizlar Construction) Turkey Turkey Istanbul   Iraq Real Estate Construction Construction Turkey-based construction company Ayyildizlar Insaat has won a $250m
contract to build 15,000 residential properties in Arbil, Iraq. The
Iraqi government has allocated 6,500,000 sq m for the project which
could be followed by the construction of a further 47,000 residences.
New Overseas Supplier Contracts   Muhammet Tuysuz Administrative Management Coordinator                    
23 Feb 2011 Harris RF Communications Harris United States Florida Melbourne (FL)   Australia|Iraq|Pakistan Communications ICT & Electronics   Harris RF Communications, aleading global supplier of secure radio
communications and embedded high-grade encryption solutions for
military, government and commercial organisations sees tremendous future
opportunities in the countries where it is already selling radios,
including Iraq, Australia, and Pakistan. The company is yet to establish
any facilities in these countries.
New Investment Strategy   Howard Lance Chief Executive Officer                    
24 Jan 2011 Emirates Airline The Emirates Group UAE Dubai Dubai   Iraq Aerospace Tourism|Transport Equipment   Emirates Airline, part of United Arab Emirates-based Emirates Group, has
appointed Abbas Mohammad Modak to the newly created position of sales
manager in Basra, Iraq. He will be responsible for building and
maintaining relationships with corporate accounts, establishing
partnerships and driving overall growth and revenue in the new market.
New Personnel   Abbas Mohammad Modak Manager (Iraq), Sales                    
25 Jan 2011 Calik Enerji Calik Holding AS Turkey Turkey Istanbul   Iraq Coal, Oil and Natural Gas Energy   Turkey-based Calik Enerji has been awarded a $445.5m contract to build a
1250 megawatt al-Hayrat plant in Karbala, Iraq. The plant is expected to
be completed in 2013, and will create 500 jobs.
New Overseas Supplier Contracts   Ahmet Calik Chairman                    
26 Jan 2011 CIGA Healthcare CIGA Healthcare United Kingdom Northern Ireland Ballymena   Indonesia|Iran|Iraq|Jordan|Lebanon|Libya|Malaysia|Saudi
Pharmaceuticals Life sciences   Northern Ireland-based pharmaceuticals company CIGA Healthcare has
announced plans to expand its retail presence into developing global
markets. The company has begun sale of its self diagnostic testing kits
in Saudi Arabia, the United Arab Emirates, Lebanon, Jordan and Syria,
and has formed a partnership agreement for the distribution of its
products in Libya. The company also plans to form strategic partnerships
in the Kurdistan region of Turkey, Iraq and Iran and in the south-east
Asia countries of Singapore, Malaysia and Indonesia.
New Investment Strategy   Neill Armstrong Director, Sales                    
27 Jan 2011 Fugro Fugro Netherlands West-Nederland Leidschendam   Iraq Business Services Energy   Netherlands-based Fugro, the world’s largest surveyor of deepwater oil
fields, is to enter the Iraqi oil and gas business as oil majors are
stepping up their exploration and production in the nation. As the
security situation in the country improves, the company is working on
obtaining contracts, mostly in the southern part of Iraq.
New Investment Strategy   Klaas Wester Chief Executive Officer                    
28 Nov 2010 Debenhams Debenhams United Kingdom South East (UK) London   Hungary|Iraq|Libya|Russia|Slovakia|Sri Lanka Textiles Retail Trade Retail UK-based Debenhams, a department store chain, is targetting developing
countries for global expansion. The company is planning to open 50
stores across the globe over the next five years. The chain plans to
focus on developing countries, and is seeking opportunities in Libya,
Iraq, Hungary, Sri Lanka, Slovakia and Russia. The company prefers to
have shops within malls and shopping centres.
Considering Project (New or Expansion)   John Scott Director, Business Development                    
29 Nov 2010 China National Petroleum (CNPC) China National Petroleum (CNPC) China Beijing Municipality Beijing   Australia|Canada|Chad|Iraq|Kazakhstan|Niger|Russia|United
Coal, Oil and Natural Gas Energy   China National Petroleum (CNPC) has announced that it expects its
overseas output to account for 50% of its overall production by 2015.
Subsidiary PetroChina has already announced a $60bn budget for overseas
expansion and acquisitions with projects underway in Australia and
Canada. The company also intends to buy Scotland’s only oil processing
plant giving it its first European refinery. Furthermore, PetroChina is
to increase co-operation with national oil companies in countries such
as Venezuela, Russia, Iraq, Kazakhstan, Chad and Niger.
New Investment Strategy   Zhou Jiping President                    
30 Oct 2010 Anaconda Equipment Anaconda Equipment United Kingdom Northern Ireland Cookstown   Iraq Industrial Machinery, Equipment & Tools Environmental Technology|Industrial|Physical Sciences   Northern Ireland-based Anaconda Equipment, which designs and
manufactures mobile screening equipment, as well as wheeled, tracked and
static conveying solutions for the mining, quarry and waste recycling
industries, has won a contract worh 100,000 ($158,230) to supply 10
mobile conveyancing machines for a project in the city of Erbil in
Kurdistan. As a post-conflict area of Iraq, the area is seen as an
emerging market for companies involved in construction.
New Overseas Supplier Contracts   Alistair Forsyth Managing Director                    
31 Oct 2010 Lukoil Lukoil Russia Central Federal District Moscow   Iraq|Turkey Coal, Oil and Natural Gas Energy   The Russian energy company Lukoil has announced plans to invest $100m in
Turkey in the near-term. The investment will take the form of expansion
of its oil distribution network, oil terminals and modernisation of its
Izmit facilities on the Sea of Marmara coast. Furthermore, it will also
focus on its logistics and on projects with Iraq. Lukoil has a large
downstream presence in Turkey.
New Investment Strategy   Vagit Alekperov Chief Executive Officer                    
32 Oct 2010 Chevron Corporation Chevron Corporation United States California San Ramon (CA)   Iraq|Kuwait|Qatar|Saudi Arabia Coal, Oil and Natural Gas Energy   US-based oil giant, Chevron Corporation has announced that it is to
search for natural gas along the border between Kuwait and Saudi Arabia.
The diamond-shaped region of desert between the two nations is called
the "Neutral Zone". Chevron already operates the Saudi-Kuwaiti Wafra
field in the area. Chevron will also later seek gas in Iraq and in
New Investment Strategy   Gary Greaser President’s Assistant                    
33 Oct 2010 Gulf Keystone Gulf Keystone Bermuda Pembroke Hamilton   Iraq Coal, Oil and Natural Gas Energy Extraction Bermuda-based Gulf Keystone Petroleum, which operates as an independent
oil and gas company, has raised $175m in a share placement. The company
will use the funds raised to accelerate its Iraq-based drilling
programme. It will carry out appraisal drilling on its Shaikan block, as
well as exploratory drilling on neighbouring concessions.
New Funding/Resources for Expansion   Todd Kozel Chief Executive Officer                    
34 Jun 2010 Israel Corp (IC) Israel Corp (IC) Israel Tel Aviv District Tel Aviv   Iraq Coal, Oil and Natural Gas Energy Manufacturing Israel Corp is considering establishing an oil refinery plant in Kirkuk,
Iraq. The facility may be set up with European businesses. The company
has met with local officals regarding the plant.
Considering Project (New or Expansion)   Idan Ofer Chairman                    
35 May 2010 Metito Metito UAE Sharjah Sharjah   Iraq Industrial Machinery, Equipment & Tools Environmental Technology   Metito, the United Arab Emirates-based water desalination and wastewater
treatment company, has won a $50m contract to supply water treatment
plants in Iraq. The company will procure, design, manufacture, and
supply process equipment to the assembly of the Naser and Ghammas water
treatment plants, which are expected to be operational by summer 2011.
New Overseas Supplier Contracts   Moustafa Hassan General Manager (Iraq)                    
36 Apr 2010 Abu Dhabi Islamic Bank Abu Dhabi Islamic Bank UAE Abu Dhabi Abu Dhabi   Iraq Financial Services Financial Services Business Services Financial group Abu Dhabi Islamic Bank (ADIB) plans to have branches in
every major business city in Iraq. The company has already started
construction of a branch in the capital Baghdad and is considering
setting up branches in Basra, Erbil, Najaf, Karbala and eventually
Considering Project (New or Expansion)   Hussain Qaragholi Senior Vice-President