Tag Archives | National Investment Commission (NIC)

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 […]

Plans Advance for Al-Tayeb Economic City

By John Lee. Plans for Al-Tayeb Economic City in Maysan province have moved forward following a meeting to assess water infrastructure requirements for the site. The meeting was chaired by the head of the National Investment Commission (NIC), Adel Dakhil Muhammad al-Yasiri and focused on the technical and economic feasibility of water harvesting projects at […]

NIC, S Korean Ambassador Review Options to Restart Bismayah Project

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 […]

Iraq PM Aims for 8-10m Barrels/day within 6 Years

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 […]

Rafidain Bank to Offer Loans for Bismayah Apartment Contractors

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 […]