Tag Archives | National Investment Commission (NIC)

Investment Package Planned for Hor Al-Dalmaj

By John Lee. The Dulmaj [Delmaj] Marsh (Hor Al-Dalmaj) is to be formally promoted as an integrated investment opportunity covering the provinces of Wasit and Diwaniyah. The National Investment Commission (NIC), in coordination with the investment authorities of both provinces, plans to offer the wetland as a package of development projects designed to activate the […]

$250m Kempinski Hotel Complex Proposed for Iraq

By John Lee. A proposal to develop a $250 million hotel complex managed by the Kempinski hotel chain has been discussed with the National Investment Commission (NIC). The meeting was held between NIC Chairman Adel Dakhil Muhammad al-Yasiri and an investment delegation led by businessman Jawad al-Qassab. The preliminary plan envisages allocating 20 to 30 […]

Proposed Changes to Iraq's Investment Law

By John Lee. A parliamentary workshop has been held to discuss proposed amendments to Investment Law No. 13 of 2006. The session was convened by the Iraqi Council of Representatives' Investment and Development Committee, under the patronage of Deputy Speaker Adnan Fayhan. According to the National Investment Commission (NIC), the workshop was attended by members […]

Contract for New Residential Complex Signed in Baghdad

By John Lee. An investment contract has been signed for the Budoor Baghdad Residential City in Baghdad. The agreement was concluded between the National Investment Commission (NIC) and Darb Al-Kurama General Contracting and Trading Company. The contract was signed on Thursday by NIC chairman Adel Dakhil Muhammad al-Yasiri and company representative Zaid Kamal Al-Asadi. The […]

Abraaj Al-Ameriya Residential Project Contract Signed

By John Lee. An investment contract has been signed for the Abraaj Al-Ameriya residential project in Baghdad, a development comprising 1,620 housing units in the Ameriya district, behind the American University of Baghdad. The project will be executed by Al-Ab'ad Al-Dhahabiya for Investment and Real Estate Development, a subsidiary of Al-Kamil Holding Group. According to […]

Swiss Firm in Talks with Iraq on Electrical Equipment Plant

By John Lee. A Swiss company called Main Power Engineering has held discussions with Iraq's National Investment Commission (NIC) on a proposed integrated complex for the manufacture of high-technology electrical equipment in Iraq. The meeting, chaired by NIC head Adel Dakhil Muhammad al-Yasiri, covered the strategic and financial aspects of a project that would establish […]

Investment Licences for 60,000 Residential Plots in Karbala

By John Lee. Four investment licences have been signed with private developers to provide 60,000 residential plots in Karbala, as part of a government initiative to deliver one million serviced residential plots across Iraq's provinces. According to the National Investment Commission (NIC), the licences were signed with Al-Amniyat for Investment and Real Estate Development, Al-Mawj, […]

Pipe Manufacturing Complex Planned for Basra

By John Lee. Plans are under discussion for an Indian investment in a pipe manufacturing complex in Basra, producing oil, gas, and water pipelines for infrastructure projects and the domestic market. The National Investment Commission (NIC) met with a delegation from Indian company Man Industries this week to explore the proposal. Adel Dakhil Muhammad al-Yasiri, […]

Iraq in Talks with Germany's Schlegel on Urban Development

By John Lee. The National Investment Commission (NIC) has held discussions with representatives of German consultancy firm Schlegel and Partners on potential investment and advisory cooperation across several sectors in Iraq. The meeting, attended by officials from the Muthanna Investment Commission, covered the firm's areas of specialisation and explored cooperation prospects in the advisory field. […]

Iraq's WTO Accession and National Trade Strategy on Agenda

By John Lee. Iraq's Ministry of Trade has held an expanded meeting with the International Trade Centre (ITC) to discuss cooperation on WTO accession and the preparation of a national trade and investment strategy. The Ministry was represented by Ghassan Al-Mohammadi, Under-Secretary for Economic Affairs, and Malik Khalaf Al-Durai'i, Director General of the Private Sector […]

NIC discusses Investment with Iraqi-French Business Council

By John Lee. A series of investment proposals covering smart cities, digital infrastructure, healthcare and tourism were discussed at a meeting between Iraq's National Investment Commission (NIC) and members of the Iraqi-French Business Council, along with representatives of companies Abraj Al-Maamura, Sawa and Enkidu. The meeting was chaired by Adel Dakhil Muhammad al-Yasiri, head of […]

IBBC Concludes Extensive Programme of Meetings in Baghdad

From the Iraq Britain Business Council (IBBC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. IBBC Trade Mission Concludes Extensive Programme of Meetings in Baghdad The Iraq Britain Business Council (IBBC) has concluded a trade mission to Baghdad, bringing a 30-strong delegation of IBBC […]