Iceland president: government to set up wealth fund for oil revenue
Iceland’s premier has said that Reykjavik is to set up a wealth fund ahead of a potential offshore oil boom to protect the country’s revenues. Preside...
Iceland
Topics and News related to Iceland
Northern Lights activity in Iceland to increase in the New Year
According to scientists, the beginning of 2013 will see an increase in Northern Lights activity, especially in Iceland, due to intensifying solar flar...
New photography book offers unique perspective of Iceland
New photography book on Iceland, TWO IN ONE, offers a unique perspective on the country capturing the charms of two very different seasons from one vi...
US firm to buy Iceland’s Decode genetics
Reykjavik’s Decode genetics is to be acquired by a major US pharmaceutical giant. According to a report by the Chicago Tribune on Monday, California-b...
Icelandair Group signs commitment for new aircraft with Boeing
It has been announced that a commitment to purchase a total of 12 737 MAX 8 and 737MAX 9 aircraft has been signed between Icelandair Group and Boeing.
Reykjavik issues offshore drilling licenses
Iceland’s government has issued several new offshore exploration licenses. According to reports, Faroe Petroleum has been granted a provisional explor...
Underground chain reaction caused 2010 Eyjafjallajökull eruptions
A new report has said that a massive underground chain reaction triggered the 2010 eruptions of Iceland’s Eyjafjallajökull volcano.
Scottish councils reimbursed by Iceland banks
Scottish councils have been reimbursed for the lion’s share of investments lost in the 2008 Iceland banking collapse. According to a Scotsman.com, a g...