By John Lee. The deputy head of the National Investment Commission (NIC), Salar Muhammad Amin, has met with Egypt's trade attaché to Iraq, Samir Qurashi, to discuss strengthening economic and investment cooperation between the two countries. The meeting, which was also attended by the director-general of the Relations and Media Department, Haider Hammad, covered mechanisms […]
By John Lee. Iraq's Ministry of Planning held the seventh meeting on Tuesday of the committee overseeing preparations for the Fourth Arab Summit for Entrepreneurship, which is due to be hosted in Iraq in November. According to the Ministry of Planning, the meeting was chaired by Deputy Minister of Planning for Technical Affairs Dr. Maher […]
By John Lee. Talaat Moustafa Group (TMG) has received an investment licence and secured a land bank of approximately 12.8 million sqm in south-west Baghdad to develop an integrated urban community, in what the Egyptian group describes as a key milestone in its regional expansion strategy. According to TMG Holding, its subsidiary Talaat Moustafa Company […]
By John Lee. Iraq's Council of Ministers has authorised two senior officials to negotiate and sign agreements with Uzbekistan aimed at strengthening bilateral economic, trade, scientific, technical, and cultural cooperation. The Council authorised the Minister of Trade to negotiate and sign a joint cooperation agreement covering economic, trade, scientific, technical, and cultural affairs. Separately, the […]
By John Lee. According to the National Investment Commission (NIC), a new financial and economic city is planned for land adjacent to Baghdad International Airport, with all infrastructure costs to be met by private investors rather than the state. The NIC confirmed that the land in question is state-owned, with ownership legally divided between the […]
By John Lee. The project committee for blue economy investments under the National Investment Commission (NIC) has convened in Baghdad, chaired by NIC Chairman Prof. Dr. Haider Mohammed Makiya and attended by representatives of relevant ministries and agencies. [According to the London School of Economics, the term 'blue economy' broadly relates to a sustainable ocean […]
By John Lee. Iraq's Ministry of Planning has held the second meeting of the preparatory committee for the Fourth Arab Entrepreneurship Summit, scheduled to take place in Iraq in November. The meeting, chaired by the ministry's Undersecretary for Technical Affairs, Dr Maher Hammad Johan, addressed a range of organisational and logistical issues, including: Review of […]
By John Lee. The Kurdistan Investment Board has confirmed the formation of joint committees with the National Investment Commission (NIC) to develop cooperation in industrial sectors and support continued investment activity across Iraq. Mohammed Shukri, head of the Kurdistan Investment Board, told the state-run Iraqi News Agency (INA) that relations with the NIC are strong, […]
By John Lee. Iraq's parliamentary Investment and Development Committee has discussed measures to enhance the country's investment environment and support economic growth. The committee, chaired by MP Nahida Al-Dayni, met to outline its work programme and develop a roadmap aimed at improving investment conditions. During the session, members emphasised the importance of strengthening oversight of […]
By John Lee. The National Investment Commission (NIC) has granted an investment licence for what is described as Iraq's first private hospital dedicated to addiction treatment and mental health care. The licence was awarded for the "Ritaj Baghdad Health Educational Project", to be developed by Abraj Al-Ritaj Company. According to the Commission, the project will […]
By John Lee. A $65-billion investment is planned to transform the Al-Tayeb border area into a multi-service economic city, according to the National Investment Commission (NIC). Commission Chairman Dr Haider Mohammed Makkiya (pictured) told the state-run Iraqi News Agency (INA) that Al-Tayeb is envisaged as an economic city covering more than 120,000 dunams, with total […]
By John Lee. The National Investment Commission (NIC) has conducted a field visit to the Al-Jawahiri Residential City project, located in in Abu Ghraib, west of Baghdad. An engineering team inspected progress at the housing development, reviewing implementation stages and assessing compliance with the terms of the investment licence and approved timelines. The visit focused […]
