By John Lee.
National Investment Commission (NIC) Chairman Dr. Haider Mohammed Makiyya met on Wednesday with Saudi investor Mohammed Al-Khraif and his accompanying delegation to discuss ways of enhancing investment cooperation between Iraq and Saudi Arabia across multiple economic and industrial sectors.
Dr. Makiya reaffirmed the government's commitment to providing a safe and attractive environment for Arab and foreign investors, noting that the NIC is working to remove obstacles and provide the necessary support to projects that contribute to sustainable development. He highlighted that over the past two and a half years, investment in Iraq had reached approximately $102 billion, reflecting investor confidence in the opportunities and potential of the Iraqi market.
The NIC Chairman also invited Saudi companies and investors to participate in the Iraq Investment Forum, scheduled for 27-28 September in Baghdad, where more than 168 investment opportunities across different sectors will be presented.
For his part, Mr. Al-Khraif expressed appreciation for the warm welcome and reiterated his interest in Iraq's promising opportunities, particularly in industry, energy, and housing, stressing his intention to expand future investments to strengthen economic cooperation between the two countries.
(Source: NIC)
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