Bjóböðin opened earlier this summer and has already become an important part of the tourism infrastructure in North Iceland, as it has drawn numerous visitors intrigued by its innovative concept to the area.
This is now Hreiðar Már’s third conviction related to financial crimes during his tenure at Kaupþing, for which he has, thus far, earned a cumulative sentence of seven years in prison.
Katrín was not concerned about a lack of competition and the consequences this could have for consumers.
Some believe the contested bill would be a blow to Icelandic while business owners claim it is stifling.
Iceland has risen four spots in the World Economic Forum's Global Competitiveness Index since last year.
Search and rescue association Landsbjörg have signed an agreement with boat manufacturer Rafnar to renew it's rescue vessel fleet.
Jón Trausti reynisson, editor of Stundin media outlet, has stated that Stundin will publish more reports from the Glitnir files.
The operational license of salmon farming companies Arctic Sea Farm and Fjarðarlax for a combined 17,500-ton sea pen farming in Patreksfjörður and Tálknafjörður has been revoked.
According to the chairman of the Icelandic Fur Breeder’s Association, it is likely that many mink farmers will close their operations if the government does not intervene.
Two Icelandic bloggers have been banned from using hidden advertisements in their posts, after having been found guilty of posting a hidden ads for a Canon camera.
Icelandair Group will start discussions today with creditors who own over 50% of the company's non-index-linked bonds.
News program Kveikur yesterday reported on examples of breaches of work regulations, pay disparity, and even labour trafficking foreign workers in Iceland are subject to.
The Hafnartorg area, situated between Laugavegur and Harpa music hall, has changed the face of downtown Reykjavík.
Primera Air, owned by the Icelandic Primera Travel Group, has laid off all of its staff and will apply for suspensions of payment tomorrow.
Icelandair flight attendants headed to the hospital due to unpleasantness, headaches, and signs of fatigue after experiencing reduced air quality in an aircraft.
The layoffs, which are part of new efficiency measures, affected employees in various positions and departments, in both the Reykjavík and Keflavík offices.