An investor has submitted an agricultural investment project costing $24 million to the north of Amara city, the head of the Missan Investment Commission (MIC) said on Monday. “The investor presented the project to the MIC, which includes a milk factory and livestock raising as well as the establishment of sheds on 70,000 donums,” Dr. […]
Tag Archives | Investment
The latest investment news from Iraq – news on the Dinar, finance and more – brought to you by Iraq Business News
Iraq ...... a New Aviation and Hospitality Destination
As markets continue to saturate in the region, Iraq emerges as a new destination for investors in the hospitality and aviation sectors.
Turkish Companies Participate in the Food Products Exhibition in Basrah
The first international fair for food products and household items continue in Basrah for the third day, with over 40 Turkish companies, as well as a number of international and local companies.
Dutch Delegation to Visit Basra to Discuss Investment Opportunities
“An agreement has been reached with official Dutch authorities to send a delegation of 30 businessmen and traders to Basra to review the investment opportunities and economic capabilities in the province,” said Shaltagh Abboud al-Mayah
China Races to Secure Middle East Oil Deals
China is now the biggest importer of Saudi oil, the second-biggest of Iranian oil, and the largest player in the Iraqi oil game and "being very aggressive,"
Tags: China, Investment
Investors Can Help Rebuild Iraq
The Iraqi National Investment Commission has said some of the projects — worth nearly $70 billion (Dh257.4 billion) — are expected to be finalised in the near future. The news comes after Emirates announced it will begin flights to Baghdad in July. Etihad Airways has been flying to the Iraqi capital since April.
Banker Bemoans Foreign Banks' Reluctance To Set Up In Iraq
Mudhhir Mohammed Saleh, who is a member of the Central Bank's board of advisers, told RFI that foreign banks are conspicuous by their absence in Iraq for a variety of reasons, including security concerns and the lack of a favorable legal framework.
Tags: Banks, Investment
Samarrai Optimistic About Investment
The Iraqi parliament Speaker Iyad al-Samarrai, said that Iraq was about to witness a surge of large foreign investment because of many signed oil agreements. Samarrai confirmed that, "International companies have started investing in Iraq which leads to further investment, referring to Turkish and Iranian companies and several European firms whch have shown strong interest […]
New Starting Point for Investment and Trade Between UAE and Iraq
The visit that Her Excellency UAE minister of foreign trade Shekha Lubna Bint Khalid made to Kurdistan Iraq region late last week heading an investment and trade delegation gave a new push to strategic investment and trade cooperation between Iraq and UAE. This visit represented a new starting point in economic relations between the two […]
Indians Discuss Investment in Basra
Indian Charge d’ Affaires in Baghdad discussed on Monday with Basra deputy governor ways of boosting investment cooperation and the possibility to open an Indian consulate in the province, according to an official spokesman of the deputy governor. “Deputy Governor Nezar Rabia al-Jaberi discussed on Monday (May 24) with Indian Charge d’ Affaires in Baghdad, […]
Hundreds of Turkish Firms Invest in Iraqi Kurdistan
Hundreds of Turkish firms have flocked to the semi-independent Kurdish enclave in northern Iraq, benefiting from a newly issued law easing curbs on foreign investments. Latest figures by the Kurdistan Investment Commission show that more than half of the foreign firms in the enclave are Turkish. In a statement, the commission said there were 620 […]
Tags: Investment
A government of everyone and no-one
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 […]