Tag Archives | National Investment Commission (NIC)

$65bn Investment Planned for Al-Tayeb Economic City

By John Lee. A $65-billion investment is planned to transform the Al-Tayeb border area into a multi-service economic city, according to the National Investment Commission (NIC). Commission Chairman Dr Haider Mohammed Makkiya (pictured) told the state-run Iraqi News Agency (INA) that Al-Tayeb is envisaged as an economic city covering more than 120,000 dunams, with total […]

Progress at Al-Jawahiri Residential City

By John Lee. The National Investment Commission (NIC) has conducted a field visit to the Al-Jawahiri Residential City project, located in in Abu Ghraib, west of Baghdad. An engineering team inspected progress at the housing development, reviewing implementation stages and assessing compliance with the terms of the investment licence and approved timelines. The visit focused […]

NIC Reviews Dulmaj Marsh Development Plan

By John Lee. The National Investment Commission has held an expanded meeting to discuss a comprehensive investment roadmap for the development of Dulmaj [Delmaj] Marsh into an integrated tourism reserve. The proposed project aims to establish a network of multi-use tourism villages within a sustainable environmental framework aligned with national economic development objectives. According to […]

Iraq-Qatar Joint Committee to Meet in Doha

By John Lee. The National Investment Commission (NIC) has hosted the preparatory meeting for the eighth session of the Iraq-Qatar Joint Committee, ahead of formal talks scheduled to take place in Doha in March. The meeting was chaired by Engineer Salar Mohammed Amin, Vice Chairman of the Commission and Deputy Head of the Iraqi side […]

Nahrawan City Project Advances with 8,000 Housing Units

By John Lee. The National Investment Commission (NIC) has reviewed progress on the Nahrawan City project in Baghdad, a 2,500-dunum development comprising 8,000 fully serviced housing units. The infrastructure works are being implemented by Al-Asim Real Estate and Tourism Investment Company, covering utilities and essential services for the planned residential community. During a site visit, Commission […]

NIC, South Korea Discuss Investment Cooperation

By John Lee. National Investment Commission (NIC) Chairman Haider Mohammed Makkiya met South Korean Ambassador to Iraq Lee Joon-il in Baghdad to discuss expanding bilateral cooperation in investment, trade and economic relations. The talks reviewed investment opportunities across industry, housing, energy and infrastructure, as well as measures to improve the investment environment for South Korean […]

Meeting Reviews Tourism Investment Projects Along Tigris River

By John Lee. The National Investment Commission (NIC) has held a coordination meeting to review plans for tourism investment projects along the banks of the Tigris River. The meeting, chaired by the Commission's President, Haider Mohammed Makkiya, brought together members of a committee formed under a Diwani Order to oversee the development of tourism projects […]

Uzbekistan-Iraq Investment and Business Forum

By John Lee. The Uzbekistan-Iraq Investment and Business Forum was held in Tashkent on January 14, 2026, bringing together the business communities of Uzbekistan and Iraq for the first large-scale platform of its kind. The forum was attended by more than 300 entrepreneurs and representatives of sectoral organisations from both countries. Participants included Iraq's Minister […]

Over $100bn in Investments in Iraq Over Three Years

By John Lee. Iraq has achieved more than US$102 billion in investments over the past three years, reflecting rising confidence among domestic and foreign investors, according to a 2025 review issued by the National Investment Commission (NIC). The NIC said that during 2025 it processed more than 850 investment applications across key sectors including energy, […]

Uzbekistan and Iraq Initiative to Boost Trade

By John Lee. Commercial and economic cooperation between Uzbekistan and Iraq is entering a new phase following high-level business discussions in Baghdad and Anbar. The Chairman of the Uzbekistan Chamber of Commerce and Industry, Davron Vakhabov, is currently on a working visit to Iraq. With the support of Uzbekistan's Ambassador to Kuwait, Ayubkhan Yunusov, he […]

Transforming Baghdad's Al-Rasheed Camp into Green Urban Space

By John Lee. Iraq's National Investment Commission (NIC) has commenced the planting works for the Baghdad Sustainable Forests Project, marking a major environmental transformation aimed at converting the former Al-Rashid [Al-Rasheed] Camp area from a site of waste and pollution into a vast green, sustainable space - the largest urban afforestation project in the capital. […]

Iraq attracted $102bn Investments over Past Three Years

By John Lee. The National Investment Commission (NIC), chaired by Dr. Haider Mohammed Makiya, hosted a broad meeting in Baghdad recently, bringing together leading political analysts, journalists, and media representatives to present Iraq's investment achievements and future plans. During the session, Dr. Makiya detailed that Iraq has attracted total investments of $102 billion over the […]