Tag Archives | National Investment Commission (NIC)

NIC Chairman meets Italian Deputy Minister

By John Lee. National Investment Commission (NIC) Chairman Dr. Sami Al-Araji and Iraqi Permanent Representative in the UN, Ambassador Muhammad Ali Al- Hakeem, met recently with the Italian Deputy foreign Minister, Mr. Vincenzo Amendola, at the Italian Representation Headquarter in the UN. During the meeting the two sides discussed bilateral relations and the Italian efforts […]

Iraqi-French Business Council Economic Forum

The Iraqi-French Business Council Economic Forum was held in Bagdad on the 1st of Dec. 2016 in its 10th session under the joint patronage of the Iraqi and French governments. The Forum activities opened with a welcoming speech by Dr. Sami Al- Araji, NIC Chairman through which he reviewed the history of establishing the Iraqi […]

NIC Boss urges UK to relax Visa Rules

The Chairman of Iraq’s National Investment Commission (NIC), Dr Sami Al Araji, has called for the UK Government to relax its rules on visas for visiting Iraqi business people, and to alter its travel advice for Iraq on the basis that much of the country is safe for business people to travel to. Addressing a […]

NIC grants $90bn in Investment Licences since 2009

The Elaborated Economic Conference for Investment Projects in Iraq was held in Baghdad on 17th October, organized by the Supreme Committee of Provincial Coordination and the National Investment Commission (NIC), with the attendance of a number of Parliament members, Ministers, Governors, Heads of Provincial Councils, Heads of Provincial Investment Commissions in addition to representatives of […]

Healthcare Investment Opportunity in Baghdad

Ministry of Health and Environment in coordination with the National Investment Commission (NIC) are announcing an investment opportunity to build disease testing labs in Baghdad (according to investment law No. 13 for the year 2006 as amended and the regulations issued in its accordance) according to the specifications shown below: The investing company is required […]

Investment Opportunity: Customs Check-point in Diyala

State Commission for Customs, in coordination with the National Investment Commission (NIC), has announced an investment opportunity to establish a customs check point in Al Safra Zone / Al Uthaim in Diyala Province, and provide all necessary requirements and services (logistic and security). Interested investors are entitled to present their wish to the customs commission […]

Iraq Signs Convention on Settlement of Investment Disputes

The Chairman of Iraq’s National Investment Commission (NIC), Dr. Sami Al-Araji, has signed the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention). Iraq has become the 160th country to sign the Convention and the 152nd country to become a member of the International Centre Settlement of […]

The New Iraq: 2015/2016 Discovering Business

Iraq Business News is delighted to bring you the latest major new guide to business in Iraq. Published by Allurentis, in association with Iraq’s National Investment Commission (NIC) and UK Trade Investment (UKTI), the sixth edition in the annual New Iraq series – The New Iraq: 2015/2016 Discovering Business – contains a wealth of case studies, commentary and data; […]

Investment Opportunity in New Baghdad Power Plant

By John Lee. Iraq’s Ministry of Electricity has invited investment in a new power station at al-Yusufiyah, in Baghdad. The contract for the 1200-1400 MW plant will be granted on a build, own and operate basis. Further details are available from the Ministry of Electricity: [email protected] (Source: National Investment Commission) (Electricity image via Shutterstock)