MerchantBridge, a direct investment and private equity company focused on Middle East investments, has now invested and managed in excess of US$1.5 billion in debt and equity in Iraq.
The Largest Private Equity MENA Deal of the Year to Close in Iraq
MerchantBridge, a direct investment and private equity company focused on Middle East investments, has now invested and managed in excess of US$1.5 billion in debt and equity in Iraq.
Iraq's Finance Ministry Undersecretary, Fazil Nabi, has announced on Sunday that the International Monetary Fund (IMF) is going to push Iraq forward in order to shift into a "private sector" system, in order to grant it a loan to cover the deficit into its state budget.
Up to 240 major Iraqi factories will be opened up for foreign investors, it was revealed yesterday.
Iraq wants to form joint ventures with foreign investors to overhaul some 240 idle factories around the country
