Tag Archives | Investment

The latest investment news from Iraq – news on the Dinar, finance and more – brought to you by Iraq Business News

US-Iraq Meeting Covers Rule of Law and Economic Development

By John Lee. Senior Iraqi judicial officials met with US Ambassador Tom Barrack in London to discuss the future of US-Iraq relations, covering judicial cooperation, investment, energy, and regional stability. According to a post on the ambassador's official account, the Iraqi delegation was led by Dr. Faiq Zaidan, President of the Supreme Judicial Council (SJC). […]

Iraq-Lebanon Trade and Investment Talks

By John Lee. Iraq has reaffirmed its commitment to expanding economic cooperation with Lebanon and reducing barriers to bilateral trade. Iraq's Minister of Finance, Faleh Sari, met on Sunday with Lebanese Trade Minister Amer al-Bsat and his accompanying delegation to discuss ways to strengthen trade and accelerate financial and customs procedures related to the movement […]

Contract Signed for Rataj Baghdad Health and Education Project

By John Lee. An investment contract has been signed for the Rataj Baghdad health and education project, to be developed in the Ghazaliya district of Baghdad on a 70,000-square-metre site. The signing took place at the National Investment Commission (NIC), with NIC chairman Adel Dakhil Muhammad al-Yasiri and representatives of the investing company in attendance. […]

Court Rules Ba'athist Ban on Foreign Ownership Unconstitutional

By John Lee. Iraq's Federal Supreme Court has ruled unconstitutional a decree issued by the dissolved Revolutionary Command Council that had blocked foreign nationals from owning assets or investing in companies inside Iraq. The court, sitting under the presidency of Judge Munther Ibrahim Hussein with all member judges present, found that Revolutionary Command Council Decision […]

Kurdistan Hosts US-Syria and US-Kurdistan Business Delegations

By John Lee. A joint delegation from the US-Kurdistan Business Council (USKBC) and US-Syria Business Council (USSYBC), representing more than 30 US companies active in sectors including defence and security, energy, logistics, transportation and industry, has visited the Kurdistan Region of Iraq. According to the Kurdistan Regional Government, Prime Minister Masrour Barzani received the delegation […]

Sulaymaniyah Summit Focuses on Investment and Economic Diversification

By John Lee. Iraq's President Nizar Amedi and Kurdistan Region President Nechirvan Barzani attended the Slemani Economic Summit for Investment and Development in Sulaymaniyah on Thursday. Kurdistan Regional Government Deputy Prime Minister Qubad Talabani also participated, along with officials, experts and business figures. President Amedi addressed the summit, stressing the importance of public-private partnerships in […]

IBBC discusses Investment Partnerships with Iraqi FM

By John Lee. A delegation from the Iraq Britain Business Council (IBBC), led by Baroness Emma Nicholson, has met with Finance Minister Faleh Sari to discuss investment opportunities in Iraq and the potential for expanding economic partnerships between the two countries. The delegation included a number of Iraqi and British companies. According to the Ministry […]

Iraq-Canada Business Council Proposed to Boost Trade Ties

By John Lee. Talks have taken place on the possible establishment of an Iraq-Canada Business Council to strengthen economic, trade, and investment relations between the two countries. Malik Khalaf al-Durai'i, Director General of the Private Sector Development Department at the Ministry of Trade, met with the Vice President of the Canadian-Iraqi Business Council and an […]

World Bank Offer of Technical Support to Iraq

By John Lee. Iraq's Prime Minister Ali al-Zaidi has met with World Bank Group President Ajay Banga in Washington. The delegation accompanying Banga included Makhtar Diop, President of the International Finance Corporation (IFC), and senior World Bank officials. According to the Prime Minister's Office, al-Zaidi highlighted the government's focus on banking sector reform and programme […]

Iraq's Zaidi Courts US Investment amid Resistance from Iran-Backed Factions

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Zaidi Courts US Investment amid Resistance from Iran-Backed Factions Iraqi Prime Minister Ali Al-Zaidi has held high-level meetings in Washington with President Donald Trump and other senior officials. The July 13 visit, […]

Iraq, Turkey consider Joint Investment Fund

By John Lee. Iraq's Prime Minister, Ali al-Zaidi, met on Thursday with Turkey's Minister of Energy and Natural Resources, Alparslan Bayraktar, to discuss bilateral cooperation across a range of sectors. The Iraqi government's media office reported that talks covered energy, oil and gas, electricity, agriculture, and regional connectivity. During the meeting, Ali al-Zaidi highlighted plans […]

World Bank Backing for Iraqi Entrepreneurs

By John Lee. Iraq's Ministry of Planning has held a meeting with representatives of the World Bank to discuss cooperation on supporting entrepreneurship, empowering small and medium-sized enterprises (SMEs), and creating a more efficient and attractive business environment for investment. According to a statement from the Ministry, Sunday's meeting discussed a proposed programme aimed at […]