By John Lee. Talks on expanding investment between Iraq and Qatar took place at a meeting between National Investment Commission (NIC) chairman Adel Dakhil Muhammad al-Yasiri and Sheikh Faisal bin Qassim Al Thani, chairman of the Qatari Businessmen Association, held in the presence of Minister of Trade Mustafa Nizar Jumaa and a number of Qatari […]
By John Lee. A river taxi service along the Tigris in Baghdad is being prepared for launch to investors, according to the National Investment Commission (NIC). A coordination meeting chaired by NIC head Adel Dakhil Muhammad al-Yasiri reviewed the technical and planning requirements for the project, which is being developed under Diwan Order No. 251513. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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, […]
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. […]
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 […]
