Tag Archives | property

64,000 New Homes Planned for Al-Rashid City

By John Lee. Zawya reports that the Iraqi cabinet has asked the National Investment Commission (NIC) to go ahead with the huge Al-Rashid City project planned for Baghdad. The $10-billion development is to be carried out by Dubai’s Emaar Properties and Abu Dhabi’s Eagle Hills, and will include the building of “up to” (sic) 64,000 […]

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Legal Assistance for Vulnerable Households in Mosul

UN-Habitat provided legal assistance to 1,015 vulnerable households in Mosul to address their housing, land and property rights claims UN-Habitat in collaboration with its implementing partner, the local NGO Mercy Hands for Humanitarian Aid, concluded the activities funded by the 2017 Iraq Humanitarian Pooled Fund to address housing, land and property rights (HLP) of vulnerable […]

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Iraqis Offer Turkish Firms $200m Project in Baghdad

By John Lee. Following a visit by the Turkish Prime Minister Binali Yıldırım (pictured) to Iraq last week, an Iraqi business delegation has come to Turkey and proposed a $200-million construction project in Baghdad to Turkish businessmen. Tevfik Öz, a member of the board of the Turkish-Iraqi Business Council, told Daily Sabah that the Iraqi […]

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Christians in Kurdistan Complain about Land Seizure

By Omar al-Jaffal, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.v Christian citizens in the Kurdistan Region of Iraq issued complaints in court June 15 that Kurdish residents are attacking and seizing their villages in the provinces of Dahuk and Erbil. They also accused the […]

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IS Sells Properties Left by Kurds in Mosul

By John Lee. BasNews reports that the Islamic State group (IS, ISIS, ISIL, Daesh) is allegedly attempting to put residential buildings taken from civilians in Mosul on sale. A source told the news agency that IS confiscated “more than 126” (sic) houses left by Kurds and Christians in Mosul, and is now selling the houses […]

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UN Report Addresses Yazidi Property Rights

Following the ISIL offensive on Mosul, over 275,000 people from Mount Sinjar area – including a vast majority of Yazidis – were driven out of their homes. Abandoned Yazidi settlements were either systematically demolished or seized by ISIL fighters. Some 6,000 homes are thought to have been destroyed or burned down in the district of […]

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“No Houses for the Arabs” in Kurdistan

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. No Houses for the Arabs: Iraqi Kurdish Council’s Controversial Ruling About Who Can, and Cannot, Buy Property Tensions between displaced Arabs in Iraqi Kurdistan and local Kurds are growing. Which […]

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Iraqis Main Buyers of Turksh Property

By John Lee. According to data released by the Turkish Statistics Institute (TÜİK), Iraqi citizens purchased 763 houses in Turkey in July and August, making Iraq the biggest foreign buyer of houses in Turkey. Iraq was followed by Saudi Arabia with 504 houses, Kuwait with 373 houses, Russia with 350 houses and the U.K. with […]

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The Real Estate Wreckers of Basra

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Real Estate Wreckers: While Ordinary Basra Families Suffer, A New Upper Class Profits Real estate prices in Basra are rising dramatically thanks to the oil industry, the province’s economic prowess […]

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