Iraq’s Deputy Prime Minister Rafie al-Issawi has stressed his government’s aspirations for an expanding role by Turkish companies in Iraq’s building process. This came during his speech at an investment conference, which was attended by Aswat al-Iraq news agency today. “Iraq is looking forward to boost the distinguished role of Turkish firms,” Issawi said “Turkish […]
Tag Archives | Investment
The latest investment news from Iraq – news on the Dinar, finance and more – brought to you by Iraq Business News
3 Locations in Missan for Investment Projects
Local authorities in Missan have prepared three locations for investments in the province. “The locations will be used for constructing hotels, parks, and residential compounds,” Eng. Mohammed Shiaa al-Sudani, the Missan governor, told Aswat al-Iraq news agency on Monday. He said that names of firms that will be executing those projects will be announced soon. […]
$21m for New Investment Project in Baghdad
Baghdad Investment Commission opened on Monday a new project in the capital, with a total cost of $21 million. “The project is a modern shopping center that was executed by a local company,” the commission said in a release received by Aswat al-Iraq news agency. It said that the center is located at the al-Daura […]
Tags: Baghdad, Investment
Kurdistan’s Cabinet Approves Housing Bill
Kurdistan region’s Council of Ministers approved the housing citizens draft law, according to an official statement released on Thursday. “The council during its meeting tackled also allocating 10% of the project’s amount to the cities, 15% to the districts and 20% to the villages,” said the statement received by Aswat al-Iraq news agency. “The council […]
The Turkish Group (Holden) Visits Baghdad Investment Authority
Baghdad Investment Authority, received a delegation representing seven Turkish companies (Holden Group) specialized in area of investment in the residential sector, educational , tourism and technology and these companies have more than (24) branch in Gulf States and Europe . Mr. Shakir Aziz Shabib , chief of Baghdad investment Commission , provided a detailed explanation […]
Investment Commission Asked to Account for $2.2m
The provincial council in Najaf has asked the local investment commission to account for the spending of $2.2 million U.S. dollars (2.5 billion Iraqi dinars), which will be allocated for the Najaf Airways Company. “During its Wednesday session, the council called on the investment commission to submit an outline of the proposed projects that will […]
Work to Begin on 2 Investment Projects in Baghdad
Work will soon begin on two investment projects that will provide more than 100,000 housing units in the Iraqi capital, Baghdad’s Mayor Sabir al-Issawi said on Tuesday. “The Baghdad Mayoralty has completed negotiations with the company assigned to invest in al-Rasheed Camp to build 65,000 housing units, and entertainment, commercial, sports and medical facilities…,” the […]
Gov’t Approves Investment Plan to 500,000 Residential Units
The Iraqi Council of Ministers has approved an investment plan to build 500 thousand residential units throughout Iraq. “The Council also authorized the finance minister to sign any complementary contracts with respect to the deals to purchase airplanes from Bombardier Aerospace and The Boeing Company,” Dr. Ali al-Dabbagh, the official spokesperson of the Iraqi government, […]
US$ 70 Billion for Prompt Investment Projects
Arab League issued a press statement in which it revealed of Iraqi Acting Trade Minister Safa' Al-Deen Al-Safi announcement of putting forth prompt developing projects for investment with an amount of US$ 70 billion. For his being the head of the ministerial Arabic side that participated at the Arabic-Japanese economic forum that would start its […]