Investment authority conf. concludes in Arbil

ARBIL / IraqiNews.com: The first Investment Authority conference on Iraqi provinces on Thursday concluded in Arbil city with the participation of 15 investment institutions from all over the country. “The conference, co-organized by the Center for International Private Enterprise (CIPE) and the private sector office in the U.S. embassy in Iraq, was held at Sheraton Hotel, Arbil,” the executive director of the center for private international projects told IraqiNews.com. A total of 140 figures from 15 investment departments countrywide participated in the event, which aimed at identifying the obstacles facing investment institutions in the country, he added. Dozens of research paper and articles were submitted during the two-day conference, the director pointed out. Arbil, also written Erbil or Irbil, is believed to be one of the oldest continuously inhabited in the world and is one of the largest cities in Iraq. The city lies eighty kilometers (fifty miles) east of Mosul. In 2005, its estimated population was 990,000 inhabitants. The city is the capital of the autonomous Iraqi Kurdistan region and the Kurdistan Regional Government Kurdistan RegionG). It hosts the headquarters of the Kurdistan region ministers and parliament. Since the overthrow of Saddam Hussein, only isolated, sporadic violence has hit Arbil, unlike many other areas of Iraq. Parallel bomb attacks against the Eid celebrations arranged by the Iraqi President Jalal Talabani’s Patriotic Union of Kurdistan (PUK) and Kurdistan RegionG President Massoud Barazani’s Kurdistan Democratic Party (KDP) killed 109 people on February 1, 2004. Responsibility was claimed by the Islamist group Ansar al-Sunnah, and stated to be in solidarity with the Kurdish Islamist faction Ansar al-Islam. Another bombing on May 4, 2005 killed 60 civilians. Despite these bombings the population generally feels safe. SS (S)/SR 1