Tag Archives | National Investment Commission (NIC)

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 […]

Rafeel Economic City Project: PM meets Talaat Moustafa Group

By John Lee. Prime Minister Mohammed Shia Al-Sudani on Monday received Mr. Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG) along with his accompanying delegation. The meeting was attended by the Chairman of the National Investment Commission (NIC) and the Saudi Ambassador to Iraq. The discussions focused on the Al-Rafeel [Rafael] Economic City […]

Iraq Launches Plans for "$60bn" Al-Tayeb Economic City

By John Lee. The National Investment Commission (NIC) has announced the start of administrative procedures to designate the Al-Tayeb area in Maysan as a district, paving the way for its transformation into a major multi-service economic city and strategic investment opportunity. NIC Chairman Dr. Haider Mohammed Makiya said the Commission has received the master planning […]

NIC signs Supervision Contract for "Future City" Housing Project

By John Lee. The National Investment Commission (NIC) has signed an engineering supervision contract for the "Future City" ["City of the Future"] residential project - one of Baghdad's largest urban investment developments. The signing ceremony was attended by NIC Chairman Dr. Haider Mohammed Makiyya, representatives of Al-Handal International Group (the project developer), and Dr. Mohammed […]