Invest AD Eyes Iraqi Companies

“Iraq is … getting back on track and it’s a country that cannot be allowed not to succeed.”

So said a top executive at Abu Dhabi-owned asset management firm Invest AD said on Monday.

Speaking at the Reuters Middle East Investment Summit, Mohammed al Hashemi said Invest AD was still putting its Iraqi portfolio together, but areas of interest included infrastructure, education and consumer themes such as financials and telecoms.

“People are feeling more confident, that the worst of the crisis is behind us,” Hashemi said. “They feel ready for the next step.”

(Source: Reuters)

“Iraq is … getting back on track and it’s a country that cannot be allowed not to succeed.”

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