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Iraq sees Iraq as one of the most failed countries to attract investment


yota691
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Abadi opens the Baghdad Mall in Harthiya

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Prime Minister Haidar al-Abadi opened the Baghdad Mall in Al-Harithiya area and briefed Abadi during his tour of what was established in the mall and the services that will be provided to the citizens and the opening of the project. He said that while we are fighting and winning the terrorist gangs, we are opening investment projects. Is a great success for Iraq.

He pointed out that the supporter of the terrorist wanted to destroy life but the Iraqis proved that they are builders of life and Abadi that Iraq is a success story and this is an invitation to all businessmen and investors to invest in this country, which began to occupy its natural position.

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1 hour ago, Half Crazy Runner said:

mThey have a Disney store and a Marvel store! That's awesome! 

Now they need to hurry up and revalue their dinar, otherwise it's going to cost them 3,000 dinar for just one t-shirt ..

 

:moneybag::moneybag::moneybag::moneybag:

and to make your purchase use monopoly money.....what a joke , there sitting on a gold mine, U N put them in Chapter 8 , 

Edited by Boozer
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36 minutes ago, jake21 said:

Still haven't seen any real evidence that they need to revalue their currency for them to purchase items. They don't seem to be to concerned about what the value is to this point

 

i understand ur thoughts a dinar will always be a dinar inside iraq a higher currency value should equate to more currency power but prices will also increase to match the new value and that is where imo the real economics kick in inside iraq inflation and so on ,, there was a time when the usd inside america would purchase more than it will today but 1 usd is still 1 usd inside the country ... where the iraqi will see the strength or weakness of his currency is when he gets on amazon to order his goods ( international ) so to date greed has wrecked the country iraq as everyone knows has massive potential you can strike oil with a pick ax lol , for those that have followed the news all along will remember shabibi's interview at jackson hole wyoming where he stated "iraq is rich eventually"..... let's go cbi

 

http://video.foxbusiness.com/v/4321880/?#sp=show-clips

Edited by 3n1
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  • yota691 changed the title to Abadi: Iraq is a success story

Abadi: Iraq is a success story

   
 

 
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27/8/2017 1:13 AM 

 Baghdad / Al-Sabah 
from victory to victory This is the path of Iraq victorious, after the major security achievements came important development projects, Prime Minister Dr. Haider Abadi officially opened Saturday Baghdad Mall in the Harthiya area. 
"The terrorist wanted to destroy life, but the Iraqis proved that they were the builders of life," he said. 
"Iraq is a success story," he said, calling on "businessmen and investors to invest in Iraq, which began to occupy its natural position."
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Abadi: Iraqis are the builders of life

   
 

 
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27/8/2017 1:13 AM 

 BAGHDAD / Al-Sabah  
Prime Minister Dr. Haider Abadi opened on Saturday the Baghdad Mall in the Harthiya area. During his tour, Abadi briefed him on what has been established in the mall and the services that will be provided to the citizens. 
"The prime minister blessed the opening of the project, as he stressed that" while we fight and win the gangs of terrorist advocates, we are opening investment projects and this is a great success for Iraq. " 
He pointed out that «a supporter of the terrorist wanted to destroy life, but the Iraqis proved to be builders of life». 
"Iraq is a success story, and this is an invitation to all businessmen and investors to invest here in this country that has started to occupy its natural position," he said.
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12:51 - 26 August 17
Last updated
The time now is 02:29 PM
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BAGHDAD / Al-Ghad Press: 
Prime Minister Haider al-Abadi opened on Saturday the Baghdad Mall in the Harthiya area of the capital. 
A statement from the office of Abadi received "Al-Ghad Press" a copy of it, "Abadi opened the Baghdad Mall in Harithiya, and briefed during a tour of what was created in the mall and services to be provided to citizens."
"As we fight and win victorious terrorist gangs, we are opening investment projects and this is a great success for Iraq," he said. 
Abadi pointed out that "the terrorist preacher wanted to destroy life, but the Iraqis proved that they are the builders of life." 
Baghdad Mall is a commercial complex located in the capital of Al-Harthiya district at the Damascus intersection with Al-Kindi Street, one of the largest shopping complexes in Baghdad, costing about US $ 127 million.
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I only see 2 children and one woman in all the photos on tour. Success would show women and children in multitudes on tour as they are the real shoppers! Yes this is a ribbon cutting ceremony, but where is the excitement ?

 

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The closure of all roads surrounding the new Baghdad Mall in Harithiya station after 3:00 pm and the reason !!

28-08-2017 03:04 PM
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image.php?token=bb303d3e591c8552821d6255da26d949&size=
 

Baghdad News -

 

 

A spokesman for the General Traffic Directorate, Ammar Walid, said Monday that the roads surrounding Baghdad Mall in Al-Harthiya area will be cut after 3 pm on the occasion of the opening of the mall.

 
Walid said in a press statement that 'this day will see the cut off roads surrounding the capital of Baghdad after three o'clock in the evening, in the area confined between the Square Nosour and the Baghdad International Fair, and the Arab Knight, on the occasion of the opening of the mall'. 

"It is expected to be a large audience, considering that it is the first day of the opening of the mall, and there will be great contention in the region."

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On 8/27/2017 at 3:54 AM, ChuckFinley said:

All looks pretty impressive but I still think having a national currency would mark a true success story.  

 

Too true-but they've always come out to say whatever they want whenever they want, regardless of the facts. Never let facts get in the way of a good story.

 

. . . . just because they say it is, doesn't make it so.

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08/29/2017 (00:01 pm)   -   Number of readings: 515   -   Issue (4008)
 
 
Iraq sees Iraq as one of the most failed countries to attract investment



 The range / Zahraa al-Jassim 
 

In conjunction with a call by Prime Minister Haidar al-Abadi during the inauguration of a large shopping mall in Baghdad last Saturday for businessmen to invest in various sectors, a classification of the Basel index of anti-money laundering issued by the Basel Institute of Governance in Switzerland, On the countries most at risk of investment, according to the proportion of risk and risk in investment for 2017, has been excluded Syria, Iraq and other countries of the classification, being failing countries to attract and attract foreign investment because of corruption and wars in these countries.


Economic experts stressed that the invitation of the Prime Minister and the previous invitations can not move anything unless the move to improve the business environment in Iraq, while the time of an economist suggested the formation of a high-level committee linked to the Supreme Committee for Investment, headed by the Prime Minister, studying challenges and overcome them , As the solutions suggest and follow-up implementation, and show the importance of investment in the industrial, agricultural and health sectors and even the transport and housing sectors because it is the income of the country, unlike investment in malls, which is a consumer activity of the Iraqi economy, stressing the need for the government to provide guarantees to the investor without A can not invest in Iraq. 
The Basel Institute for Governance is an independent, non-profit center specializing in anti-corruption, public governance and money laundering, criminal law enforcement and asset recovery.
Amer Jouahri said in an interview with (of the extent) that nothing can move with all these calls if there is no move to improve the business environment in Iraq, and the first step to that are human beings, human capabilities must be flexible in dealing and eliminate routine And this should be in this aspect guidance and seminars, as suggested to address the situation to form a high-level committee called the Business Environment Committee linked to the Supreme Investment Committee headed by the Prime Minister, and this must consider all the challenges and obstacles and overcome them as it proposes solutions and follow and implement , And not only because Iraq has died No proposals.
Al-Jawahiri said that the statement by Iraqi officials to bring investors only is not enough, because the truth is that the owners of the businesses have their sensors. Today, any investor who reviews the company's registrar and sees the queries how to deal with the citizens finds that there is an undesirable approach to the citizen even if he solicit sympathy for them. "Things are not dealt with in this way, but the work in Iraq needs real measures on the ground, not invitations and theorizing and proposals. The treatment should educate people, employees and even employees in the private sector in how to act and deal in the investment circles to welcome citizens Lin was treated.
On the other hand, economic expert Dargham Mohamed Ali suggests in an interview with (to the extent) the need for green areas for investment, which is like free zones where the investor gets the ready-made land for investment with well-known and fenced areas where the services are available. These areas are protected by the state and here the government can apply the paragraph of the single window within these confined areas, because the one window currently is not present in the law and is not activated and unrealistic because of non-compliance of the state departments of investment law because of the existence of old laws in the d It is the state that is in place of the investment law.
Ali stresses the importance of working to accelerate and smooth transactions and overcome some of the problems faced by the investor, including blackmail from the window of the window so that the acquisition of a piece of land may take months, and continues: All these things are obstacles facing the investor and make him think a thousand times before submitting to Investment in Iraq, adding that: In light of that it is very difficult to invest in Iraq by industrial or agricultural projects, and remains investment is limited to projects Mollat because they are often on the land of exchange or taken from the state high rents, and these investments do not serve the national economy, Is a consumer activity of Iraqi income b And to divert Iraqi funds abroad.
The economic expert concludes by saying that the industrial, agricultural, health and transport investments in addition to investments in the housing sector are all sources of income for the country. Therefore, these investment calls must be accompanied by procedures. The government should send messages to reassure the investor that new procedures Will be applied on the ground and given a time limit for the completion of leave and land to the investor, because all investors who came to Iraq collided with government routine and the non-response of the state departments as well as the extortion that they were subjected to, and without guarantees of the fact can not invest in Iraq.
The view of the investment sector in Iraq that the talk of obstacles to investment was and still exists since 2003 until now without the existence of a few solutions, where the various government departments refrain from making facilities that help to implement investment projects, and the phenomenon of financial and administrative corruption is widespread, whether through manipulation Which has led to increased bribery and corruption, hindering investment and development, and the suffering of the municipal, tax, electricity, water and sewerage services from the scourge of corruption, the weakness of the culture of investment among citizens, and the imbalance in government banking systems and lack of cooperation In support of the investment sector and investors, not to mention the dominance of the public sector on most of the large investments in the country and not allow the private sector to invest.

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  • yota691 changed the title to Iraq sees Iraq as one of the most failed countries to attract investment

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