LG OPENS BIGGEST OVERSEAS BRAND SHOP IN IRAQ

[Wiljor]

Iraq, August 18, 2017 

South Korean electronics maker LG Electronics has reportedly opened its largest overseas brand shop in Iraq.

The two-floor shop covers 870 square meters in the main commercial district of Erbil.

Around 200 government and media officials attended an opening ceremony, according to a report from Nation Multimedia.

businessnews

 

http://iraqdailyjournal.com/story-z15777887

[King Bean]

Great find, Wiljor. +1. The key part, to me, is it opened in Erbil, not Baghdad. There's no confidence in the security of Baghdad yet. Abadi and team have a lot of work to do still. But international players are coming to Iraq.

[Flamtap]

That sounds all good and well but until and unless the people there have 24 hour electricity service in their homes it's not such a big deal.......However, the timing of this is eyebrow raising! 

Go RV 

[ChuckFinley]

Great News, this put pressure on having some purchasing power for the dinar. 

[Synopsis]

Thank You, Wiljor, for posting this and all the other great articles! The Best Of Your Weekend To You!!! 

 

So, OK, LG opened its largest overseas brand shop in Iraq. And Erbil of all places. Hmmmmmmmmmmmm.....................................................only to wait for business to arrive weeks, months, or years down the road???!!! I don't think so. And why would Iraqis need electronics anyway especially without reliable electricity to charge/power those electronics???!!! New "purchasing power" for the Kurds like in an HCL???!!! OK, maybe a wee bit optimistic here but something appears to be going on beyond just opening an electronics store in some Stone Age/Third Whirled (OK, World) Country.

 

I could almost bet those 200 gubmint and media officials attending the opening ceremony were given some "party favors" (i.e. handy electronics) just for showing up!!!

 

      

 

870 square meters is about 28,100 square feet and about 2/3rds of an acre. That is a huge floor???!!! I wonder if they had to build an adjoining parking garage for the Iraqi citizens to park their cars they just purchased with the fairly recent available bank loans???!!! I can hear the vacuum cleaner now sucking up all the CHUNKAE' MONAE'???!!! Woo Hoo!!!

 

YEAH, BABY...............................

 

Go Moola Nova!

[Gypsygirl11]

Very nice for Iraq. Moving up in the world. 

[King Bean]

31 minutes ago, ChuckFinley said:

Great News, this put pressure on having some purchasing power for the dinar. 

 

Absolutely, Chuck.

 

Rasheed: "So, how much for the stainless steel smart kitchen refrigerator, microwave, stove combo??"

Salesman: "X,XXX,XXX dinar."

Rasheed: "I'll be right back....with the other arm load".

Edited August 19, 2017 by King Bean

[Officiallytook]

New age cell phones let's go mobile banking internationally accepted

[Wiljor]

4 hours ago, Synopsis said:

Thank You, Wiljor, for posting this and all the other great articles! The Best Of Your Weekend To You!!! 

 

So, OK, LG opened its largest overseas brand shop in Iraq. And Erbil of all places. Hmmmmmmmmmmmm.....................................................only to wait for business to arrive weeks, months, or years down the road???!!! I don't think so. And why would Iraqis need electronics anyway especially without reliable electricity to charge/power those electronics???!!! New "purchasing power" for the Kurds like in an HCL???!!! OK, maybe a wee bit optimistic here but something appears to be going on beyond just opening an electronics store in some Stone Age/Third Whirled (OK, World) Country.

 

I could almost bet those 200 gubmint and media officials attending the opening ceremony were given some "party favors" (i.e. handy electronics) just for showing up!!!

 

      

 

870 square meters is about 28,100 square feet and about 2/3rds of an acre. That is a huge floor???!!! I wonder if they had to build an adjoining parking garage for the Iraqi citizens to park their cars they just purchased with the fairly recent available bank loans???!!! I can hear the vacuum cleaner now sucking up all the CHUNKAE' MONAE'???!!! Woo Hoo!!!

 

YEAH, BABY...............................

 

Go Moola Nova!

 

UN buen fin de semana para ti hermano  

[Wiljor]

3 hours ago, King Bean said:

 

Absolutely, Chuck.

 

Rasheed: "So, how much for the stainless steel smart kitchen refrigerator, microwave, stove combo??"

Salesman: "X,XXX,XXX dinar."

Rasheed: "I'll be right back....with the other arm load".

 

King Bean, as always, love your posts brother  

[Synopsis]

Just now, Wiljor said:

 

UN buen fin de semana para ti hermano  

 

!!!Igualmente mi Hermano!!! !!!y Llevate La Facil!!!