From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Can Iraq sustain rising boom in foreign investment? Iraq's investment boom has seen thousands of infrastructure projects pop up across the country in recent years. The upturn has raised hopes that […]
From the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Legislative determinants of foreign direct investment in Iraq Foreign investors are strongly influenced by the host country's legal and regulatory environment: clear, stable, and investor-friendly laws and streamlined […]
By John Lee. National Investment Commission (NIC) Chairman Haider Makiya [Makiyya] has announced that Iraq attracted more than $64 billion in foreign investment over the past two years, underscoring growing global confidence in the country's economic trajectory. Speaking to the state-run Iraqi News Agency (INA), Makiya credited the surge to effective investment planning completed in […]
By John Lee. Prime Minister Mohammed S. Al-Sudani received a delegation from the U.S. Chamber of Commerce on Wednesday, including American investors and corporate executives, accompanied by the U.S. Chargé d'Affaires in Iraq. The meeting focused on strengthening economic ties and promoting Iraq as an attractive destination for foreign investment. The Prime Minister outlined steps […]
By John Lee. Iraq's National Investment Commission (NIC) held a meeting on Monday with a delegation from the International Finance Corporation (IFC), part of the World Bank Group, to discuss joint cooperation in: Technical advisory services, Project financing support, Business environment improvement, and Capacity-building through training and workshops. NIC's Director General of Relations and Media, […]
By John Lee. The US State Department issued its 2024 Investment Climate Statement for Iraq earlier this year. The report covers the following key areas: Openness To, and Restrictions Upon, Foreign Investment Bilateral Investment and Taxation Treaties Legal Regime Industrial Policies Protection of Property Rights Financial Sector State-Owned Enterprises Responsible Business Conduct Corruption Political and Security Environment […]
By John Lee. Speaking at the "Investment Forum for Businessmen and Investors" in Babylon on October 15, the Head of Iraq's National Investment Commission (NIC) highlighted the importance of developing tailored investment maps for each province, ensuring projects meet local needs. Dr. Haider Mohammed Makiyya noted that over $69 billion in investment licenses have been […]
From the UN Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Marking a milestone in boosting foreign investments: Iraq signs the Singapore Convention In a landmark move to attract foreign investors to Iraq, the country celebrated its signing of the United […]
UNDP continues to support the Government of Iraq in ending corruption and boosting foreign investment The UN Development Programme (UNDP)'s Anti-Corruption and Arbitration initiatives (ACAI) is achieving significant milestones midway through its five-year implementation. Funded by the European Union (EU), the project recently conducted its second steering committee on Sunday, January 21, at the State […]
Inward investment in the Kurdistan Region's agriculture rose from 1.5% to over 10% under the Kurdistan Regional Government's (KRG) Ninth Cabinet, which has been working to diversify the Kurdistan Region's economy sector by mainly focusing on developing the sector. The KRG has been working on building strong industrial and agricultural infrastructure in the Region to […]
The Iraqi Cabinet held its weekly regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Haider Al-Abadi. It approved funding to support the implementation of measures to improve public services, with a focus on electricity supply, water, health and education. It also discussed a range of policies to encourage foreign investment, and […]
By John Lee. Oil Minister Jabar Ali al-Luaibi [Allibi, Luiebi] has hosted a meeting in Baghdad with the French Minister of State for Foreign Trade, Jean-Baptiste Lemoyne, confirming the significance of the economic and financial relations between the two countries. Both sides expressed hopes for major cooperation in all sectors, including oil, industrial, agricultural, commercial, […]
