The provincial council in Najaf has asked the local investment commission to account for the spending of $2.2 million U.S. dollars (2.5 billion Iraqi dinars), which will be allocated for the Najaf Airways Company. “During its Wednesday session, the council called on the investment commission to submit an outline of the proposed projects that will […]
Tag Archives | Investment
The latest investment news from Iraq – news on the Dinar, finance and more – brought to you by Iraq Business News
Work to Begin on 2 Investment Projects in Baghdad
Work will soon begin on two investment projects that will provide more than 100,000 housing units in the Iraqi capital, Baghdad’s Mayor Sabir al-Issawi said on Tuesday. “The Baghdad Mayoralty has completed negotiations with the company assigned to invest in al-Rasheed Camp to build 65,000 housing units, and entertainment, commercial, sports and medical facilities…,” the […]
Gov’t Approves Investment Plan to 500,000 Residential Units
The Iraqi Council of Ministers has approved an investment plan to build 500 thousand residential units throughout Iraq. “The Council also authorized the finance minister to sign any complementary contracts with respect to the deals to purchase airplanes from Bombardier Aerospace and The Boeing Company,” Dr. Ali al-Dabbagh, the official spokesperson of the Iraqi government, […]
US$ 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 […]


