By John Lee. The project committee for blue economy investments under the National Investment Commission (NIC) has convened in Baghdad, chaired by NIC Chairman Prof. Dr. Haider Mohammed Makiya and attended by representatives of relevant ministries and agencies. [According to the London School of Economics, the term 'blue economy' broadly relates to a sustainable ocean […]
By John Lee. Iraq's Ministry of Planning has held the second meeting of the preparatory committee for the Fourth Arab Entrepreneurship Summit, scheduled to take place in Iraq in November. The meeting, chaired by the ministry's Undersecretary for Technical Affairs, Dr Maher Hammad Johan, addressed a range of organisational and logistical issues, including: Review of […]
By John Lee. The Kurdistan Investment Board has confirmed the formation of joint committees with the National Investment Commission (NIC) to develop cooperation in industrial sectors and support continued investment activity across Iraq. Mohammed Shukri, head of the Kurdistan Investment Board, told the state-run Iraqi News Agency (INA) that relations with the NIC are strong, […]
By John Lee. Iraq's parliamentary Investment and Development Committee has discussed measures to enhance the country's investment environment and support economic growth. The committee, chaired by MP Nahida Al-Dayni, met to outline its work programme and develop a roadmap aimed at improving investment conditions. During the session, members emphasised the importance of strengthening oversight of […]
By John Lee. The National Investment Commission (NIC) has granted an investment licence for what is described as Iraq's first private hospital dedicated to addiction treatment and mental health care. The licence was awarded for the "Ritaj Baghdad Health Educational Project", to be developed by Abraj Al-Ritaj Company. According to the Commission, the project will […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
