The latest investment news from Iraq – news on the Dinar, finance and more – brought to you by Iraq Business News
If a week is a long time in politics, it is a very long time in Iraq. The first day of this week in Iraqi politics witnessed a Sunday 23 May meeting between Iraqiyya leader Iyad Allawi and Grand Ayatollah Ali al-Sistani. On the same day, the Washington Post released a new interview with Prime […]
After winning the contract from the Iraqi ministry of industry and minerals, MerchantBridge will spend US$200 million on renovating and operating the plant under a 15-year lease.
There are no precise statistics about the volume of Iraqi capital which has been transferred outside Iraq by businessmen and by migrating Iraqi citizens. Emad Kadhim who works as a textile salesman talked about the problem saying this phenomenon started with the beginning of Iraqi-Iranian war and its aftermath. He added that it increased after […]
Dubai UAE developers and companies are considering investments worth $70 billion (Dh257 billion) throughout Iraq, according to a top Iraqi official.
MerchantBridge, a direct investment and private equity company focused on Middle East investments, has now invested and managed in excess of US$1.5 billion in debt and equity in Iraq.
According to a report from Aswat Al Iraq, Emirati businessmen said that there are promising investment opportunities in Kurdistan region, mainly in tourism, real estate, oil and agriculture sectors. A total of 41 Emirati businessmen and economic figures took part in the trade forum held in Erbil, with the participation of Prime Minister of Kurdistan […]
A delegation from the Belarus discussed on Tuesday investment opportunities with Kirkuk governor, according to a media official. “Kirkuk governor Abdulrahman Mustapha held on Tuesday (May 18) a meeting with a delegation from Belarus, including a number of businessmen and investors,” Dalier Samd told Aswat al-Iraq news agency. “The delegation underlined that its visit aims […]
Iraq’s Transport Minister Amer Abduljabbar received on Thursday a delegation from the U.S. embassy, with whom he discussed fostering air traffic.
In a high-rise apartment building in Minnesota's capital city, two 23-year-old men check on a couple dozen properties they've listed for sale in Iraq - Half a world away, their colleague, also 23, is already on the move in Baghdad: Showing houses and appraising properties as he navigates around concrete blast walls and police checkpoints.
The Iraqi Finance Minister, Baqer al-Zubaidi, urged Iraq's ambassadors to make efforts to attract investments to Iraq, according to a ministerial statement. “Al-Zubaidi received on Wednesday (May 12) Iraq's ambassadors to Germany, Slovakia, the Czech Republic, Kuwait , Japan and Norway,” said the statement received by Aswat al-Iraq news agency. “The minister called on the […]
The business community in Iraq, and internationally, is focused on the task of rehabilitating the oilfields and re-building the country. This is hardly a surprise; quite apart from the investments to be undertaken directly by the oil companies, Iraq's National Development Plan foresees over $200 billion in investment in services, economic stimulus and environmental protection […]
By Mark A. DeWeaver, of Quantrarian Asia Hedge Two good rules for emerging stock market investors have always been: (1) buy crises and (2) buy export booms. The first would have worked well in Sri Lanka in the weeks following the Tamil Tiger suicide attack on the country’s main airport in July, 2001. Had you […]
