Foreign Workers Needed in Iceland
According to a forecast from the Analysis Department of Arion Bank in Iceland, there will be a demand for foreign workers to fill around 5,000 jobs ov...
Jilted Chinese investor set to try again with luxury Iceland resort idea
Chinese investor Huang Nubo has applied for a concessionary exemption allowing him to rent land in north Iceland on a long-term basis in order to buil...
More Chinese interest in Icelandic tourism sector
It has been reported that Chinese interests want to finance the building of a health village in Flúðir, south Iceland to the tune of billions of krónu...
Icelandic króna surplus building fast
Foreign claimants on the estates of bankrupt Icelandic banks Kaupþing, Glitnir and Landsbanki will be paid recovered funds up to ISK 450 billion (EUR ...
Jilted Chinese investor to be granted Iceland luxury resort permission after all?
The owner of the largest plot of land at Grímsstaðir á Fjöllum in northeast Iceland, says that it could very well be possible to rent the land to Chin...
Chinese investor’s Iceland resort construction bid rejected by minister
Ögmundur Jónasson, Iceland’s Minister of the Interior, has rejected Chinese billionaire Huang Nubo’s application to buy 30,639 hectares in...
Cairn finally scores in Greenland
British drilling firm Cairn Energy has seen its share prices increase after finally finding evidence of oil in one of its controversial Greenland well...
Central Bank of Iceland preparing to remove currency exchange restrictions
The governor of the Central Bank of Iceland says that preparations are now being made to remove the country’s capital controls, which have serve...