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. Iraq's Minister of Labour and Social Affairs, Mr Ahmed Al-Asadi, has confirmed his country's readiness to provide all possible facilitation for Lebanese workers in Iraq, provided that they comply with legal procedures designed to ensure their rights and protection. The remarks were made during a meeting with Lebanon's Minister of Labour, Dr […]
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. 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. The International Chamber of Commerce (ICC) in Iraq has reportedly established a local arbitration committee, aimed at minimizing financial losses from external arbitration and attracting foreign investors. Mohsen Al-Humaidawi [Mohsin Al Hamed], Head of ICC Iraq, told the state-run Iraqi News Agency (INA) that the new committee, announced at the International Trade […]
By John Lee. Iraq's government has successfully attracted $100 billion in investments over the past two years, according to Mohammed Al-Najjar, advisor to the Prime Minister for Investment and head of the Iraq Development Fund. He told the state-run Iraqi News Agency (INA) that a $5 billion agreement was signed recently with Egypt's Elsewedy Electric […]
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 […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, signed a cooperation protocol with Ms. Nada Laiqa, Director General of the Syrian Investment Agency (SIA), on attracting foreign direct investment (FDI). Attended by representatives from the Ministries of Oil and Communications, the protocol discussed cooperation details between Baghdad and […]
By Dr. Joel Ruet, for Diplomatic Courier. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Foreign investment undermined by corruption risks in Iraqi Kurdistan Iraqi Kurdistan was once seen as a beacon of promise in the troubled country, but things have changed in recent […]
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 […]
By Mustafa Saadoon, for Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Kadhimi deliver Gulf investment to Iraq? Prime Minister Mustafa Al-Kadhimi has paid his first official visit to Saudi Arabia as he continues his efforts to further cooperation with Iraq's […]
