2023 - Page 23 of 77 - Erbil Polytechnic University

24Sep

Jihan Jihan Master Thesis

The Role of Financial Crises Management Implementing on Investment Development in Kurdistan Region – Iraq during Financial Crises (ISIS war crisis and COVID-19 pandemic crisis) An Analytical and Comparative Study

Full Name: Lavin Luqman Khudhur
Email Address: [email protected]
Mobile Number: 0750 597 4567
Thesis File : Lavin Luqman Khudhur
Abstract:
This study aims to examine the role of crisis management in managing and handling the financial crises (ISIS war crisis and COVID-19 pandemic crisis) on investment development. As well as the study examined the influence of the crises on investment development. An analytical and comparative study in the Kurdistan Region-Iraq. This study tries to determine the role of crisis management depending on the Mitroff’s-five stages model, depending on the regulation and decisions made during the occurrence of the crises. As well as the study compared the government’s reaction at each stage in both crises’ eras. In addition, the study tries to analyze and explore the reality of the investment situation during the occurrence of crises in the region, also comparing the crises' influence on each investment sector. A conceptual study theme was designed, and a set of hypotheses was developed. To verify the validity of the hypotheses. for that purpose, the financial analysis and SPSS version 28.0 was used. The study implemented the hypothesis on twelve investment sectors such as (trading, health, industry, service, tourism, transportation, education, agriculture, housing, sport, bank, and art) for ten years from 2012 until 2022.

The study reached a set of conclusions, the most important of which are the KRG has more effective and better crisis management to handle and manage the COVID-19 pandemic crisis than the ISIS war crisis on investment projects depending on the scientific criteria. Thus, the damage caused by financial crises on projects can be reduced. And the government can react quickly by applying scientific crisis management principles to minimize the bad effects of the crisis. On another hand, the crises themselves there were different from each other. ISIS is a war crisis and external threat, and the projects in the region had a bad drop. The focus of the KRG is on border protection, internal security, and war armies. Thus, the ISIS war crisis has a great negative influence on investment projects. capital in dollars dropped from the appearance of ISIS in the crisis stage by (65.20%). As well as the number of projects dropped from (108) to (70) projects. However, the COVID-19 crisis was a global epidemic spread all over the world but for the region it was an internal threat. Causing the delay or stoppage of the projects temporarily rather than that fall projects. Thus, The COVID-19 pandemic has a limited influence on investment projects. Thus, capital in dollars decreased slightly from the appearance of COVID-19 in the crisis stage by (18.76%). However, the number of projects increased slightly from (66) to (76) projects.

The researcher suggested that manage the crisis according to scientific criteria. And Implementing (Early warning system) to inform the projects of the occurrence of any unwanted events. And Installation of a response team (crisis management team) to prepare an organization to respond to potential crises.And attempting to rely on local products, and raw materials and strengthen local employees. Also, Diversify and develop investment sectors to avoid financial deficits during crises. Also, set a (strategic investment map) as a tool for investors to invest in that sector which is the most useful for the KR-I.

Keywords: financial crises, crisis management, investment, ISIS war crisis, COVID-19 pandemic crisis, KRG.
College: Erbil Technical Administrative College
Department: Business Administration Techniques Department
Specialization: Business administration

17Sep

Aftaw Abdulla presidency

A delegation from Erbil Polytechnic University participated in a UNESCO workshop in Baghdad

On Sunday, the 17^th September, 2023, a delegation from Erbil Polytechnic University participated in a three-day workshop arranged by UNESCO in Baghdad.

The workshop was organized for seven polytechnic universities in Iraq and the Kurdistan Region, which consisted of both the (Quality (Assurance Board) and the (Subject Area Board). On the first day, the boards presented a seminar which has been worked on over 2 academic years.

During the workshop, the delegation of our university explained the new curriculum, quality of education, and how to implement the Bologna Process in our university. As planed on the second and third days of the workshop will the presenters will discuss the plans and challenges, and the outcomes and preparation of graduates for the labor market in Iraqi polytechnic universities.

It is worth mentioning that the delegation of our university consisted of Mr. Salar Ahmad Rasul, Mr. Kamal Mohammed Abdullah, Mr. Jabbar Majid Sadiq, and Mr. Ahmed Rafiq Tofiq who represented Erbil Polytechnic University.

17Sep

Aftaw Abdulla presidency

The Rector of the Erbil Polytechnic University opened officially opened the new building of the International Marketing and Language Department in the Erbil Technical Administrative College.

On Sunday, the 17^th of September, 2023, Prof. Dr. Edrees Muhamad Tahir Harki, the Rector of Erbil Polytechnic University opened the new building of the International Marketing and Language Department at Erbil Technical Administrative College.

In the ceremony, the Vice Rectors of the University, Mr. Hazhar Othman, the Head of the Aso Horizon Regional Committee (PDK), the Dean of the Technical Administration College, Asst. Prof. Dr. Azad Ahmed, all the heads of departments of the college, and a large number of teachers and students were present. The new building was opened with all its requirements.

In his speech, his Excellency Prof. Dr. Edrees Muhamad Tahir Harki congratulated the dean, the head of department, and employees of the new building. He told the students, “I congratulate you; you are currently studying in one of the best scientific departments of this college and all universities in Kurdistan”. He also hoped that the students would consider it their home and take care of the items because they are for their service. He also listened closely to the opinions and problems of the students and promised to follow up and solve their problems.

It is worth mentioning that the building is designed in a modern way to suit the nature of the department. In addition, the chairs and tables can be used for classes and team building, where students can arrange the chairs and tables in a circle to create a group discussion table in several pieces.