Tag Archives | Real Estate Bank

In Anbar, Loans For Reconstruction - But Nobody May Apply

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of¬†Iraq Business News. A state bank is offering Anbar residents whose homes were damaged in fighting against the Islamic State interest-free loans for reconstruction. Only problem is hardly anyone is eligible to apply. […]

Minister Declares "Housing Crisis"

By John Lee. Iraq's Minister of Construction and Housing has admitted that the country is likely to complete only 5 percent of the 2.5 million homes it needs to build by 2016 to satisfy demand. Mohamed Sahib al-Daraji [Mohammed Al-Deraji] (pictured) told Reuters that only 130,000 of those homes would actually be built: 30,000 by […]