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 […]
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 […]
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, […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani on Saturday inaugurated the Iraq Investment Forum (IIF) in Baghdad, unveiling investment opportunities worth $450 billion [IQD 587 trillion] across more than 160 projects in various sectors. In his speech, Al-Sudani welcomed participants, praising the National Investment Commission (NIC), the Iraqi Economic Council (IEC), and supporting bodies. […]
By John Lee. The Iraqi Cabinet has amended Resolution 24306 of 2024 to authorise the National Investment Commission (NIC) to contract with the advisory consortium comprising Malaysia's HSS [HSS Engineering Berhad (HEB)] and the UAE's CHSS (as partner) for the Najaf-Karbala metro project. The decision allows the NIC to grant the investment licence and sign […]
