Iraq Business News is delighted to bring you the latest major new guide to business in Iraq. Published by Allurentis, in association with Iraq’s National Investment Commission (NIC) and UK Trade Investment (UKTI), the sixth edition in the annual New Iraq series – The New Iraq: 2015/2016 Discovering Business – contains a wealth of case studies, commentary and data; […]
Tag Archives | National Investment Commission (NIC)
Tags: Allurentis, featured, National Investment Commission (NIC), The New Iraq: 2015/2016, UK Trade and Investment, UKTI
Investment Opportunity in New Baghdad Power Plant
By John Lee. Iraq’s Ministry of Electricity has invited investment in a new power station at al-Yusufiyah, in Baghdad. The contract for the 1200-1400 MW plant will be granted on a build, own and operate basis. Further details are available from the Ministry of Electricity: [email protected] (Source: National Investment Commission) (Electricity image via Shutterstock)
Move to Private Sector Vital For Progress
By Editor on 5th May 2015 in Construction & Engineering In Iraq, Employment, Iraq Industry & Trade News, Iraq Oil & Gas News, Politics
The financial losses being made by Iraq’s state owned enterprises are “not acceptable” and the Government is pushing through new legislation to prioritise the growth of the private sector, the Prime Minister’s Chief of Staff told a high-level business conference in Baghdad last week. Speaking at the Iraq Britain Business Council (IBBC) event in the […]
Tags: Baroness Nicholson, E&Y, Ernst & Young, featured, Federation of Iraqi Chambers of Commerce, National Investment Commission (NIC), Standard Chartered
Private Foreign Investment ‘Vital for Iraq’s Growth’
Iraq’s Deputy Prime Minister, Dr Bahaa Al Araji (pictured), told a high level international conference in Baghdad on Wednesday that his country recognised the vital importance of foreign investment and Iraq was full of opportunity. Dr Bahaa said the Government was ready to extend all facilities and offer incentives for businesses to come to Iraq. […]
Tags: BP, FDI, featured, Federation of Iraqi Chambers of Commerce, Foreign Direct Investment, Iraq Britain Business Council (IBBC), National Investment Commission (NIC), Rumaila
PM to Welcome Int’l Business to Baghdad
By Editor on 28th April 2015 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Iraq Oil & Gas News
Iraq’s Prime Minister and many of his most senior colleagues will address a top-level international business conference being held in Baghdad later this week. Organised by the Iraq Britain Business Council (IBBC) together with Iraq’s National Investment Commission (NIC) and the Federation of Iraqi Chambers of Commerce, the event will also be attended by senior […]
Tags: featured, Federation of Iraqi Chambers of Commerce, Iraq Britain Business Council (IBBC), National Investment Commission (NIC)
NIC Calls for Grand Faw Port Investment
By Editor on 18th April 2015 in Construction & Engineering In Iraq, Investment, Iraq Transportation News
Ministry of Transport has announce the investment opportunity of constructing the Major Port of Faw (Al Faw Grand Port) according to investment law No. 13 for the year 2006, amended and its regulations. DESCRIPTION Project location: Faw Peninsula, Abdullah Khor beach, South of Iraq Project total area: 40 thousand donum Port area: 54 KM² Designed […]
NIC Invites Bids for Renewable Energy Plants
By John Lee. Iraq’s Ministry of Electricity, in coordination with the National Investment Commission (NIC), have announced an investment opportunity to construct three solar power stations and one wind power station. The plants will capacity of between 5 and 10 MW, and be situated in Diwaniya, Najaf and Missan (Maysan) provinces: Diwaniya: A solar power […]
Tags: Diwaniya, Electricity In Iraq, Maysan, Missan, Najaf, National Investment Commission (NIC), renewable energy, solar power, wind power#
Hanwha Wins $2bn Iraq Order
By John Lee. South Korea’s Hanwha Group has reportedly won a $2.12-billion (2.5-trillion-Iraqi-dinar) order to build the social infrastructure for Bismayah New City. According to Yonhap News Agency, the agreement was signed with Iraq’s National Investment Commission (NIC) on Monday. The Group is currently building 100,000 homes at the project, which are due for completion […]
New Investment Agreement with Belarus
The Minister of Foreign Affairs, Hoshyar Zebari, recently received Vladimir McKay, Minister of Foreign Affairs of the Republic of Belarus, at the headquarters of the Ministry of Foreign Affairs. During the meeting, they discussed bilateral relations between the two countries and the importance of expanding the horizons of cooperation in all fields in the forefront […]