By John Lee. Options for restarting the stalled Bismayah housing project were discussed at a meeting between the National Investment Commission (NIC) and the South Korean Ambassador to Iraq, Lee Joonie, on Sunday. According to the NIC, the meeting reviewed the current status of the project and examined options for settling outstanding financial dues, including […]
By John Lee. Iraqi Prime Minister Ali al-Zaidi has announced plans to distribute one million residential land plots to citizens, with the last plot to be allocated within three years. He made the comments on Friday during a session at the eighth Baghdad Dialogue Conference, organised by the Iraqi Institute for Dialogue. According to the […]
By John Lee. Loans for contractors on residential units at the Bismayah housing project are to be released through Rafidain Bank, following an emergency meeting between the National Investment Commission (NIC) and the Ministry of Finance. NIC Chairman Adel Dakhil Muhammad al-Yasiri met with Finance Ministry Undersecretary Dr. Ali Karim Hussein on Thursday to resolve […]
By John Lee. Iraq's investment climate and the obstacles facing it were discussed at a meeting between President Nizar Aamidi and National Investment Commission (NIC) Chairman Adel Dakhil Muhammad al-Yasiri at the Palace of Peace in Baghdad on Thursday. President Aamidi stressed the importance of simplifying procedures, providing guarantees for investors, and building a genuine […]
By John Lee. Progress on the Bismayah housing project and outstanding funding issues were discussed at a meeting between Iraq's National Investment Commission (NIC) and representatives of South Korea's Hanwha. NIC Chairman Adel Dakhil Muhammad al-Yasiri received Hanwha's project representative, Yong Jae Park, along with his delegation on Wednesday. Al-Yasiri stated that he was fully […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Adel al-Yasiri, has met with Ibrahim al-Massoudi al-Baghdadi, head of the Iraqi Economic Council (IEC), to discuss ways to strengthen cooperation in support of the investment environment. According to the NIC, the meeting covered prospects for joint cooperation, ways to overcome challenges facing investors, […]
By John Lee. Adel Dakhil Muhammad al-Yasiri has taken up his role as chairman of Iraq's National Investment Commission (NIC). On assuming his duties, al-Yasiri held a meeting with senior staff and directors-general at the NIC, reviewing the progress of current investment projects and the challenges they face. He stated that the coming period would […]
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 […]
