Navigate

Navigation

Tag Archives | Riyadh Investment Group

IFC Invests in Iraqi Cement Company

By on 27th January 2024 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News

By John Lee. The International Finance Corporation (IFC), part of the World Bank Group, is investing in Al-Douh Iraqi Company for Cement Industries ("Al Douh"), a leading cement manufacturer and part of Al-Riyadh Investment Companies Group (RICG). According to a statement from the IFC, the decision was made to help boost economic diversification and spur […]

Iraqi Airline Denies Fronting for Iran

By on 12th May 2015 in Iraq Transportation News, Security

By John Lee. A report from the Financial Times claims that an Iraqi company has helped to Iran acquire nine large commercial aircraft, in defiance of international sanctions. According to the report, Iran's Mahan Air, which is blacklisted by the US and Europe because of alleged links to Iran’s revolutionary guard -- allegations denied by […]