By John Lee. Masdar, a subsidiary of the Abu Dhabi-based Mubadala Investment Company, has signed a strategic agreement to develop 2,000 MW of solar photovoltaic (PV) projects in Iraq. Heads of Agreement (HOA) were signed at a virtual ceremony by His Excellency Majid A. Hantosh, Minister of Electricity, the Republic of Iraq, Her Excellency Suha […]
Tag Archives | National Investment Commission (NIC)
Tags: featured, Masdar, mn, Mubadala Investment Company, National Investment Commission, National Investment Commission (NIC), renewable energy, solar power, United Arab Emirates (UAE)
NIC launches Online Portal for Investors
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Dawood Najar (pictured), has launched the NIC's new online portal for receiving investment applications. The new service went live on the NIC's website -- www.investpromo.gov.iq -- on Wednesday. It will allow investors to create their own accounts, make applications and submit all required […]
Iraqi PM orders Cancellation of Overdue Projects
By John Lee. Prime Minister Mustafa Al-Kadhimi visited the head office of the National Investment Commission (NIC) on Wednesday and was briefed on the progress and obstacles facing investment in Iraq. According to a statement following the visit, the PM directed the cancellation of all licenses for investment projects whose completion rate is between 0 […]
Iraqi Cabinet approves New "Alternative Energy" Power Plants
By Editor on 18th February 2021 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News, Iraq Oil & Gas News
By John Lee. The Iraqi Cabinet has agreed to approve a recommendation from the National Investment Commission (NIC) for the Ministry of Electricity to proceed with an investment project for the construction of seven "alternative energy" power plants. The new power stations are to be built in Karbala, Wasit, Babylon, and Al-Muthanna provinces. (Source: Govt […]
Tags: Babylon, Electricity In Iraq, featured, Karbala, Kerbala, mn, Muthanna, National Investment Commission (NIC), renewable energy, solar power, Wasit, Wassit
New Real Estate Development Initiative in Iraq
By John Lee. The first meeting of the Committee in charge of establishing the National Company for Real Estate Development has been held at the headquarters of the National Investment Commission (NIC). The meeting was chaired by Suha Dawood Najar, Head of NIC, who said the new company will be "mixed sector", with 50-percent owned […]
Tags: mn, National Company for Real Estate Development, National Investment Commission (NIC), property, real estate
Investment Opportunity: Cattle Stations in Wasit
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunity: Cattle stations in Wasit (Source: National Investment Commission)
Tags: al-Djela Iraqi-Jordanian Joint Stock Company, featured, Investment Opportunities, Jordan, mn, National Investment Commission (NIC), Wasit, Wassit
Major Housing Projects planned for 2021
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Dawood Najar, has said that the coming year will see investment opportunities in each Iraqi province, similar to the Bismaya City housing project in Baghdad. She made the announcement at a recent meeting with the heads of the provincial investment commissions of Kerbala, […]
NIC plans to Revitalize Stalled Projects in Iraq
By John Lee. Iraq's National Investment Commission (NIC) has announced that it has prepared a plan to revitalize stalled projects. NIC Chairman, Suha Dawood Najar (pictured), said: "NIC have prepared a plan to revitalize the investment process all over the country in all sectors through activating the lurking and halted projects and reshaping them financially […]
NIC's New Chair visits Wasit, Kerbala
By John Lee. The new Chair of Iraq's National Investment Commission (NIC) has been visiting investment opportunites throughout the country. During a visit to Wasit Province, Suha Dawood Najar [Suha Dawud Elias Al-Najjar] (pictured) said that Iraqi investors hae the financial and professional capacity to gear up with the Iraqi economy, especially if partnered and […]
Tags: featured, Imam Hussein Hospital for Cancer, Karbala, Kerbala, mn, National Investment Commission (NIC), Wasit, Wassit
Investment Opportunity: Commercial Center in Diwanyah
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Construction of Commercial Centre in Diwanyah (Source: National Investment Commission)
Details of PM's New Appointments to Key Institutions
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kadhimi's Rolling Reshuffle (Part 2): Protecting Iraq's Economic Institutions and Borders On September 14, Baghdad announced a range of strategic leadership appointments for institutions tasked […]
Tags: Baghdad Stock Exchange, Central Bank of Iraq (CBI), Commission on Integrity, Dr Mike Knights, featured, Iraq Civil Aviation Authority (ICAA), Iraq Securities Commission (ISC), mn, Mustafa al-Kadhimi, National Investment Commission (NIC), Trade Bank of Iraq (TBI), Umm Qasr Port, Washington Institute for Near East Policy
New Investment Opportunities in Iraq
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Construction of a Hospital Construction of a Fuel Station (Source: National Investment Commission)