It said that the authorization will facilitate investments in Iraq from the UAE.
Government Authorises Finance Minister to Sign Agreement with UAE
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It said that the authorization will facilitate investments in Iraq from the UAE.
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.
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 […]
“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 wants to form joint ventures with foreign investors to overhaul some 240 idle factories around the country
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.
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.
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.
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 […]
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 […]
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 […]
Iraqis' trade volume in the free zones went up to around JD222.2 million during the last year, out of JD1.64 billion in total investments in goods and vehicles' trade. According to the Free Zones Corporation Director General Iyad Qudah, the Jordanian trade investment volume was over JD1.37 billion, while the remaining amount accounted for trade […]
