By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Muhammad Makiya, has met with the Chairman of Egypt's Orascom Investment Holding company, Naguib Sawiris. According to a statement from the NIC, they discussed a number of opportunities and sectors the company is willing to invest in, such as taking part in […]
By John Lee. Iraq's National Investment Commission (NIC) has issued a directive to all companies building residential complexes in Iraq to follow the official dollar exchange rate set by the Central Bank of Iraq (CBI), specifically 1,470 dinars per dollar. Mrs. Hanan Jassim, the official spokesperson, states that this directive is in accordance with Cabinet […]
By John Lee. Dr. Haider Muhammad Makiya has taken up he new role as Chairman of Iraq's National Investment Commission (NIC). He immediately held a meeting with the Director Generals and senior officials, confirming the development of plans and strategies according to the governmental curriculum of the Prime Minister, Mr. Muhammad Shia al-Sudani, with the […]
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has said that the NIC has specified "a number of legal and financial conditions" to proceed with the development of the Bismaya Residential City southeast of Baghdad. She said the NIC is now waiting for a reply from South Korean firm […]
By John Lee. Iraq's National Investment Commission (NIC) has just published its Investor Guide to Iraq 2022. The 51-page report gives an overview of the investment climate in Iraq. Click below to download the full report: English Arabic See also Iraq Investment Map 2022. (Source: NIC)
By John Lee. Iraq's National Investment Commission (NIC) has just published its Iraq Investment Map 2022. The 195-page report includes details of investment opportunities, in addition to sectoral and regional data. Click below to download the full report: English Arabic See also Investor Guide to Iraq 2022. (Source: NIC)
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has received approval from Iraq's Council of Ministers to hire an international law and an international auditing firm to investigate previous contracts at the Bismaya Residential City. According to a statement from the NIC, the firms will "propose a financial model, […]
By John Lee. The National Investment Commission (NIC) has opened a new entrance to the city of Bismayah, near Baghdad. Head of the NIC, Suha Daoud Najjar [Suha Dawood Najar], said the road will reduce traffic and facilitate smooth entry for residents into the complex. It is 235 meters long and 50 meters wide, connecting […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Ms. Suha Daoud Najjar [Suha Dawood Najar] has reiterated the importance of reviving the Iraqi Marshes, and enabling them to receive tourists. At a meeting with the Director General of the Marshes, Mr. Hussein Ali Hussein, and his accompanying delegation, she said investment opportunities […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunity: Constructing Tulaiha Future Rest Station in Anbar Province (Source: National Investment Commission)
As part of its endeavours to strengthen and activate means of economic and investment cooperation with various countries of the world, the UAE, represented by the Ministry of Finance (MoF), signed an agreement to promote and protect mutual investments with Iraq. The agreement, which was signed today morning at the ministry's headquarters in Abu Dhabi, […]
By John Lee. Prime Minister Mustafa Al-Kazemi attended a signing ceremony on Wednesday for the construction of five new solar power stations by Masdar (Abu Dhabi Future Energy Company). This covers the first phase of the project, covering 1,000 megawatts of power out of a planned total capacity 2,000 megawatts. The signing ceremony was attended […]
