Archive | Investment

Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.

Three New Equity Funds in One Month

Project management specialists Parsons Brinckerhoff stated the obvious this week by saying Iraq is “risky, but full of opportunity”. After the war, the security and energy sectors were the most obvious risky opportunities. Re-building Iraq's decaying and war-torn infrastructure has come a close second. Since then, however, opportunities have snowballed into retail and agriculture, and […]

Saddam Hussein's Yacht Back in Iraq, For Sale

Iraq's ministry of transportation has announced that the luxury yacht Ocean Breeze, also known as the Basrah Breeze, once owned by former Iraqi president Saddam Hussein, is back in Iraqi waters, according to a report from ITN. The boat, which has been the subject of legal wrangling between Iraq and Jordan, which claimed ownership of […]

New Iraq-Focused Equity Fund

Global Capital Investments, of Illinois, has created a private investment fund for sophisticated investors who wish to invest in the long-term growth potential of the emerging Iraqi economy. The objective of the fund is to seek long-term capital appreciation over a broad range of Iraqi listed securities, a small number of private investments and Iraqi […]

Kurdistan Investment Board Seeks Technical Assistance

Request for expressions of interest: Technical assistance to Kurdistan Investment Board The Kurdistan Board of Investment of the Kurdistan Regional Government (BoI - KRG) seeks professional assistance to enhance the quality of the board's evaluation process from various perspectives, including the technical review and assessment of the investment proposals submitted to the board. The main […]

Governor of Erbil to speak at Tufts University, Massachusetts

The Fletcher School of Law & Diplomacy, The Program on Southwest Asia and Islamic Civilization, Gordon Institute, and Institute for Global Leadership cordially invite you to attend a talk by Mr Nawzad Hadi Mawlood, the Governor of Erbil, the capital of the Kurdistan Region in Iraq: “Challenges and Opportunities for Redevelopment in Erbil, Iraq” By […]

Iraq Rises as Western Nations Fall

Iraq's developing situation continues to astound me when I contrast it with much of the west. Take the UK, where Prime Minister David Cameron has on 20 October announced £81bn ($127bn) of cuts from total government expenditure of £661bn ($1,040bn), the largest budget cuts in decades by a large margin. All this it needs to […]

100s More Companies in Iraq

Kurdistan's sixth international trade fair in Erbil opened on Monday with 850 companies from 25 countries. Hundreds of companies are at the fair for the first time. Albert Awun of EFB Arak, which organised the fair, told AKnews: "The percentage of the participating new companies in the exhibition compared to last year is about 50%, while the […]

Karbala Gets More Money for Investment

The city of Karbala in central Iraq has stretched its 90bn-dinar budget ($75m) to hundreds of investment projects and has now been granted another 12bn dinars ($10m) by Iraq's Finance Ministry. As our blogger Stewart Blair wrote this month: "UAE property developers/investors have been active in the south where mixed use developments in Karbala are springing up […]

At Least 9 Killed in Iraq Gold Shop Robbery

With gold recently hitting highs of nearly $1,400 per ounce, an armed raid on a row of goldsmiths' shops in Baghdad has left at least nine people dead. The gunmen used hand grenades and small arms to kill three gold shop owners in a market in the Mansour district of western Baghdad, an Interior Ministry […]