Iraq: Conflict, destruction stopping displaced families from returning to Sinjar Widespread destruction of civilian houses, new clashes, and social tensions are stopping two thirds of displaced families from returning to their homes in Iraq's north-western town of Sinjar, according to a new report by the Norwegian Refugee Council (NRC). Nearly five years on from the […]
By John Lee. The Kurdistan Development Corporation (KDC) has bought the majority shareholding of Erbil-based KREDCO Real Estate Limited Company. KREDCO has previously been described as a joint venture between the KDC and the Kuwait-based National Real Estate Company (NREC). According to a disclosure to the Kuwaiti stock exchange, NREC said it sold its 51-percent […]
By John Lee. Prime Minister Mustafa Al-Kadhimi has confirmed that more than half a million plots of land have been allocated for three million citizens under the "Dari" housing initiative. Applications for the scheme were made via an online process. Addressing the Cabinet, al-Kadhimi said that a plan has been made to provide the sites […]
By John Lee. Nineveh Criminal Court has sentenced the former director of Real Estate Registration and his assistants to ten years in prison for fraud relating to property belonging to Mosul Municipality Department. The court issued a sentence of temporary imprisonment for ten years in accordance with article (289) of Penal Code No.(111) of 1969 […]
Housing, Land and Property Rights in Iraq - An Assessment of Progress Towards Durable Solutions in Line with the Pinheiro Principles Since the 1960s, housing, land and property (HLP) challenges faced by the people of Iraq have varied throughout different waves of conflict and displacements. These problems worsened during the period of conflict with the […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq moves to protect state property The Iraqi government launched a campaign to remove encroachments in Iraq, which is more likely to anger political parties and armed groups whose […]
By John Lee. The Iraqi cabinet has agreed to grant the Dubai-based Emaar Properties a plot of land for development at Baghdad International Airport (BIAP). The 1,000 acres will be used for a new residential area with integrated facilities, and a cultural and sports club with a golf course. (Source: Govt of Iraq)
UN-Habitat Executive Director meets with the US Ambassador to Iraq to discuss on-going partnership to support the land rights of minority groups UN-Habitat's Executive Director (ED), Mrs. Maimunah Sharif, met with Ambassador Matthew H. Tueller, the United States' Ambassador to Iraq, and thanked the US Government for its longstanding partnership and continued trust in UN-Habitat's […]
By John Lee. Prime Minister Mustafa al-Kadhimi has said the Iraqi Government is working on a national project to distribute plots of land to citizens. In a statement following Tuesday's cabinet meeting, al-Kadhimi added: "In order to prevent any manipulation, and for the sake of justice in the distribution of entitlement, there will be an […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Mosul old city properties rapidly being bought up: residents Locals in Mosul say people from Iraq's southern provinces are buying up historical houses and property in the war-devastated old city at an alarming rate. […]
By Omar Sirri, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Destructive creations: social-spatial transformations in contemporary Baghdad This working paper examines social-spatial transformations in contemporary Baghdad by zooming in on two of the […]
By John Lee. The first meeting of the Committee in charge of establishing the National Company for Real Estate Development has been held at the headquarters of the National Investment Commission (NIC). The meeting was chaired by Suha Dawood Najar, Head of NIC, who said the new company will be "mixed sector", with 50-percent owned […]
