Glitnir bank enters first real estate venture in China
Nordic bank Glitnir signed a joint venture with Sinopec‘s CGCOC (CGC Overseas Construction Co. Ltd) in June to develop a residential area in Shenyang ...
Iceland
Topics and News related to Iceland
New Icelandic music website launched
A new government-backed Icelandic music website was launched this week at www.icelandicmusic.is Icelandicmusic.is is a free and fully-comprehensive re...
Customs tightens surveillance to seize stolen goods
Police and customs officials in Iceland recently acknowledged an increase in organised crime in the country. According to one local newspaper, officia...
New Iceland Express terminal seems unlikely
The assistant to the major of Reykjavik, Jón Kristinn Snaehólm, made a statement recently indicating that the city would reject an application submitt...
Iceland ‘happiest’ nation
A recent study comparing the quality of life in 30 European countries ranked Iceland as the place where residents are most likely to live long and hap...
Icelandair introduces new pricing system
Icelandair has recently introduced a new simpler system of pricing flights. The new fare structure allows passengers to book one way flights as well a...
Hospital will pay ISK 900 million debt ‘at some point’
The total debt of the National Hospital of Iceland, a state-run institution, has risen to ISK 900 million (USD $15.1 million), mostly due to the procu...
Burst pipe kills river eels
Hot water from a pipe owned by the Reykjavik Energy Company (OR) escaped and flooded a 500 meter section of the Fossvogslaekur stream. Approximately 4...