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Category: Iraqi Private Sector

Iraq has announced New Investment Opportunities in the Country

Iraq has announced New Investment Opportunities in the Country

The Iraqi Minister of Industry Saleh Al-Jubouri issued a statement about the preparation of 196 investment opportunities in the country. Jubouri said in a press statement that the Iraqi Industry Ministry has finalized the preparation of 196 investment opportunities for the intention of conclusive contracts for new partnerships with eligible international companies. He added that the entire contracts will take place under the laws and regulations in the country in order to transfer advanced technology to promote industrial reality in…

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A New MOU Signed between Baghdad and Istanbul

A New MOU Signed between Baghdad and Istanbul

An MOU (memorandum of understanding) signed between Baghdad Chamber of Commerce and its counterpart in Istanbul. It would enhance trade exchange between both sides. The head of the Chamber at the Baghdad Chamber’s headquarters issued a statement that the head of Baghdad Chamber of Commerce Jaafar al-Hamdani received a large trade delegation representing the Istanbul Chamber of Commerce headed by Turkish Ambassador Fatih Yildiz. Al-Hamdani welcomed the guest delegation and thanked them for their visit and keenness to keep in…

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More than 80 Greek Companies are Preparing to Invest in Iraq

More than 80 Greek Companies are Preparing to Invest in Iraq

An important meeting held between the head of the Baghdad Chamber of Commerce Jafar al-Hamdani and the Greed ambassador to Iraq. The Greek ambassador announced that 80 Greek companies are preparing to visit Baghdad in October. Their main objective is to participate in the Iraqi development sector and invest in Iraqi markets. Al-Hamdani welcomed the ambassador and expressed his thanks and gratitude for the visit. He also stressed the depth of the Iraqi-Greek economic relations during the meeting. Al-Hamdani said,…

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New Investment Projects announced by NIC and Ministry of Construction

New Investment Projects announced by NIC and Ministry of Construction

The NIC (National Investment Commission of Iraq), the Ministry of Construction, Municipalities and Public Works / Roads and Bridges Department have announced an investment opportunity to design, rehabilitation, operation and management of the road connecting entrance No. 5 of Basmaya residential City with Mohammed Al Qasim Highway. Iraqi, Arab, and foreign companies with experience and specialization are invited in investment to participate and submit their offers for this project in accordance with the Investment Law. Interested companies in the project…

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Foreign Companies will invest in the Faw Port

Foreign Companies will invest in the Faw Port

The Iraqi Transport Ministry has announced the establishment of a joint stock company in order to manage the port of Faw with more than 1.3 billion U.S dollars capital. The Ministry is also considering the request of foreign companies willing investing in the port of Faw. It has been considered a significant amount of progress in the work of the port. Entire resources have provided to boost up the work of port. Point to be noted that the Iraqi ports…

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Facility announced by Iraqi Government for Investors working in Iraq

Facility announced by Iraqi Government for Investors working in Iraq

The Secretary-General of the Iraqi Council of Ministers, Mehdi Al-Alak issued a statement that Iraqi government is looking to open new doors for investment in the country. A statement issued by the Secretariat of the Council of Ministers that Al-Alak met with the director of Shell Company, Andrew Brown. A representative of the British Embassy, Kelly and in-charge of Affairs, Mariel Khairat were also present in the meeting. It was also said in the statement that Iraqi government is committed…

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Ministry of Planning and UNDP Agreement to Overcome Unemployment issue in Iraq

Ministry of Planning and UNDP Agreement to Overcome Unemployment issue in Iraq

The Iraqi Ministry of Planning has signed an agreement regarding the implementation of strategy in participation with the UNDP (United Nations Development Program) in the development of private sector. A statement issued by the Iraqi Ministry of Planning for Technical Affairs that Maher Hammad Johan has signed an agreement with the country director for the United Nations program in the Middle East, Munir Thabet. Hammad said in his statement that they will continue cooperation with the UNDP (United Nations Development…

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The Iraqi Reconstruction Conference will be held on 12th Feb in Kuwait: Al-Jarallah

The Iraqi Reconstruction Conference will be held on 12th Feb in Kuwait: Al-Jarallah

On Monday, the Deputy Foreign Minister of Kuwait, Khaled Al-Jarallah issued a statement that Kuwait will host International Conference and it will be conducted from 12th Feb to 14th Feb 2018, and it is dedicated for the Reconstruction of Iraq. He stressed that Kuwait is providing a significant amount of support for Iraq and it will not be stopped in the future. Al-Jarallah delivered his words during a press conference on the event of announcing the date of the conference regarding…

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