Iraqi government has authorized the Finance Minister to sign an investment agreement with the United Arab Emirates (U.A.E.). It said that the authorization will facilitate investments in Iraq. ( Aswat Al Iraq )
Tag Archives | Investment
The latest investment news from Iraq – news on the Dinar, finance and more – brought to you by Iraq Business News
Government Authorises Finance Minister to Sign Agreement with UAE
It said that the authorization will facilitate investments in Iraq from the UAE.
Tags: Investment, UAE
Dutch Firm to Launch Investment Ventures in Basra
Basra’s Governor Shaltagh Abboud al-Mayyah said on Sunday that he discussed with the Dutch company IPS means of launching investment ventures in the southern Iraq city.
Baghdad Construction Projects
This month (March 2010), investment permits have been awarded to several projects in Baghdad including companies working in the fields of housing, tourism and hotels. “Eight investment permits have been given to a number of companies. Housing projects were given a priority,” the Investment Commission in Baghdad said in a statement received by Aswat al-Iraq […]
Tags: Airport, Baghdad, Construction & Engineering, Development, Industry & Trade, Investment, Iraq, Iraqi, Ministry, Public Works
Million housing units to be built in Iraq
“The cabinet decided to double the number of housing units to one million after 100 specialized foreign companies had expressed their willingness to invest in the (housing) sector,” Sami al-Araji told Aswat al-Iraq news agency.
Iraq eyes non-oil investments
Iraq wants to form joint ventures with foreign investors to overhaul some 240 idle factories around the country
Kuwait Developments:Progress alongside Iraq.
It has been an exciting few weeks in Kuwait where the Government approved a $104bn development plan - the proximity and historic links to Basra where similar high impact developments in the oil and gas sector are starting, promises to create economic heat in the North of the Gulf.
Residential Compounds for Oil Companies in Basra
An investment permit will be given to an Iraqi-Turkish company to establish residential compounds for oil firms in Basra, a local source said on Tuesday.
Investment permit given to build shopping complex in Basra
The investment commission in Basra has given an investment permit to establish a shopping complex in the north of the city at a total cost of $3.27 million U.S. dollars.
Kurdistan Suspends Foreign Investment in Education
The government of Iraq's northern Kurdistan region has decided to suspend foreign investment in the education sector, in an effort to tackle low standards of teaching in the semi-autonomous province, Meed has reported. "We need to sort ourselves out and put our house in order first," Dlawer Ala'Aldeen, the minister for higher education said. The […]
Iran Strengthens Trade Links
Reuters quotes the Iranian Consul to Basra as saying that Iran hopes to double trade with Iraq to $8 billion this year, mostly in the construction, food and industrial sectors. Meanwhile, 60 companies participated in an exhibition of Iranian trade and industry in Basra City. The consul also told Aswat al-Iraq that, “Iran is working […]
Kurdistan Attracts $12 Billion Investment
According to a report from Reuters, Iraqi Kurdistan's investment body says the region has attracted more than 12 billion US dollars from local and foreign investors in non-oil sectors over the last three-and-a-half years, mainly in housing. Of this $12 billion, $3.1 billion was from foreign sources, and this would been higher had a $6 […]