Tamkeen Fund continues to support projects

[yota691]

Baghdad hosts an investment conference at the end of this month

 

money and business Economy News _ Baghdad The International Federation of Businessmen and Investors, in cooperation with Al Fateh Economic Development Organization and a number of leading companies in Egypt, is organizing an economic conference under the slogan "Together to promote Iraq".   "The conference will be held on April 29 and 30 at the Baghdad Hotel, and will present investment opportunities in Iraq and the extent of facilities provided to investors," the conference's general coordinator, Ahmed al-Sheikh, said in an interview with "Al-Sabah" Annually, to present all developments in the Iraqi market. The countries participating in the conference are Egypt, Sudan, Saudi Arabia, the UAE and some businessmen from China and France. Wael Farrar, head of the International Federation of Businessmen and Investors, said: "The main objective of this conference is based on its mission, which reflects the stable security situation in Iraq so that everyone knows that it is safe and that its land is fertile for investment." For his part, said the President of the Conference Walid Obeidi: "The sons of Iraq, the sincere men and women entrepreneurs are able to push the economic development of Iraq, they have the largest part of the responsibility to support and undermine the economic reality of Iraq.  In addition, the President of the Union in Iraq Ali Al-Fateh said that «such conferences enhance the commercial interdependence between Iraq and other countries to meet and satisfy the requirements of the Iraqi market, and this conference will be followed by a series of conferences bearing the same name intended to attract investors and businessmen to Iraq .   Meanwhile, a member of the Baghdad Investment Commission, Shaker Zamili, said that «the body is the official sponsor of the conference, and seeks to coordinate with all official bodies in the State, in order to make it a success and achieve the greatest amount of benefit from it, and to reflect the benefit to the Iraqi market». In turn, the director of the Andalusian company Atef Abdul-Jawad, called on "Egyptian and Arab businessmen to participate in this conference, in order to confirm the size of the synergy with the brothers men and Iraqi businesswomen."  Views 36   Date Added 04/22/2018

[yota691]

Zamili for "Economy News": the rush of international companies to invest in Iraq

 

Emaar Construction Economy News Baghdad The head of the investment Baghdad Shaker Zamili, on Sunday, the rush of international companies to invest in Iraq, pointing to the convening of a conference on 26 of this month to complement the Kuwait Conference for the reconstruction of Iraq.  Al-Zamili said in an interview with "Economy News" that the conference "Together for the Advancement of Iraq," which will be held on April 29 and 30 at the Baghdad Hotel will be sponsored by the Baghdad Investment Authority and its local government as well as the National Investment Commission, as well as the International Federation of businessmen and investors in Iraq , And evaluated by Al-Fateh Organization for Development and Economy.  He added that "the conference provides an opportunity for Iraqi investors to meet with Arab and foreign investors who are looking for suitable investment opportunities in Iraq," adding that he is filling the conference held in Egypt last month. Al-Zamili pointed out that "the projects to be presented by the conference will include all economic sectors, including residential and industrial, because most investors belong to the industrial sector," noting that Iraq was a pioneer in the sector, but the situation worsened after 2003, "We seek through cooperation with Arab companies And the global to promote the industrial sector. "  He concluded by saying that all the provinces are covered by investment projects and it is not limited to the provinces liberated from the organization "Daash." Views 27   Date Added 04/22/2018

[Butifldrm]

2018-04-22 BY SOTALIRAQ

Preparing for the conference of investment and reconstruction opportunities in Iraq

Under the patronage of Prime Minister Dr. Haider Abadi

The General Secretariat of the Council of Ministers and the National Investment Authority, in cooperation with the Economic and Business Group, will organize a forum for investment and reconstruction opportunities in Iraq April 26, 2018 at the Rashid Hotel / Baghdad. The forum includes a number of ministers and officials in government agencies, businessmen and investors with a group of Arab and international companies As well as representatives of regional and international funding bodies. 
The aim of the forum is to inform the Iraqi, Arab and international private sector institutions about the economic situation in Iraq and the new investment climate under the legislation and procedures adopted and adopt new economic orientations such as partnership between the public and private sectors and the opportunities available in the main sectors which will provide promising opportunities to the private sector (Iraqi, Arab, International) with the pillars of the economic reform program.
The forum is being held in light of the new stage Iraq is going through and the security and political stability witnessed by the Arab and international embrace, which was manifested at the Kuwait International Conference for the Reconstruction of Iraq last February. 

https://www.sotaliraq.com/2018/04/22/الاستعداد-لإنعقاد-ملتقى-فرص-الاستثما/

[Donziman]

International confer last Feb was a complete bust.Nobody wants to dump money and work into iraq

if they can't get their profit out. Quite BS ing the world and release the hounds.

[Donziman]

OMG another forum and another committee 

[Butifldrm]

49 minutes ago, Donziman said:

International confer last Feb was a complete bust.Nobody wants to dump money and work into iraq

if they can't get their profit out. Quite BS ing the world and release the hounds.

 

Donziman,  IMO we have to wait for the 2018 Budget to be instituted and also IMO, we are going to have to wait until after the election for any money or investment to flow into Iraq.

[TOMINVEGAS]

Or are we going to have to wait another ten or fifteen years?

[yota691]

National Investment Authority: 1100 investment projects currently in Iraq

 

Chairman of the National Investment Authority Sami Araji

Emaar Construction Economy News Baghdad: The head of the National Investment Authority, Sami Araji, that the investment map in Iraq during the current year included 1100 investment projects across Iraq. "The projects contained more than 1,100 small, medium and large investment projects," Al-Araji said in his speech at the Investment Opportunities Forum in Baghdad. "The forum is considered complementary to the Kuwait conference and continuing discussions with investment companies and the private sector." Views 329   Date Added 04/26/2018

[Butifldrm]

• economic

Investment Opportunities Forum opens in Baghdad

10:54 - 26/04/2018

0

 

  

Information / Baghdad ..

On Thursday, the Investment Opportunities Forum in Baghdad opened with the participation of 150 foreign companies.

The Investment Opportunities Forum was launched Thursday at the Rashid Hotel with the participation of 150 foreign companies.

He added that the forum was attended by a number of personalities including the Secretary-General of the Council of Ministers Ali Al-Aalak, Chairman of the Investment Authority Sami Araji, the Prime Minister's Advisor in addition to the representative of the World Bank and the President of Arab Chambers of Commerce.

He pointed out that during the forum will discuss the investment opportunities in Iraq as well as follow-up investment projects presented at the Kuwait Conference. Ending / 25 g

http://www.almaalomah.com/2018/04/26/304182/

[yota691]

Two British and UAE companies have received 6 investment licenses valued at 519 million dollars in Iraq

 

«Economy News»

Emaar Construction Economy News Baghdad: The National Investment Authority (NIA) has granted investment licenses for six projects in Iraq worth 519 million dollars to British and UAE companies. The "Forum of Investment and Reconstruction Opportunities in Iraq" witnessed the signing of investment permits with Arab and foreign investors in the presence of a number of Iraqi officials. Three investment licenses worth 205 million dollars were awarded to Daeco World Holding Company to develop and rehabilitate the central markets, namely Mustansiriya and central markets, as well as an investment license to develop the central and central markets. The company also awarded Daiku International investment license for the construction of the Muftiyah project in the province of Basra, a residential, recreational and commercial project at a total cost of 234 million dollars. Al-Ghaith Industries Co., Ltd. (UAE) granted the investment licenses from the Muthanna Investment Authority to establish the caustic soda plant at a cost of $ 65 million and the production of high-purity edible salt at a cost of $ 15 million. Views 723   Date Added 04/26/2018

[Butifldrm]

2018/04/26 10:36

• 
• The opening of the Forum of Investment Opportunities in Iraq

 

 

Baghdad / Masala: The work of the Forum of investment opportunities in Baghdad, with the participation of 150 Arab and foreign companies, started on Thursday, April 26, 2018.

According to media, the conference will discuss investment opportunities in the liberated areas and reconstruction efforts, as well as investment opportunities in the southern regions.

The meeting was attended by representatives of Prime Minister Mehdi Al-Alaq, Ali Al-Alaq, Governor of the Central Bank, Oil Minister Jabbar Ali Al-Laibi, Minister of Planning and Trade Salman Al-Jumaili and representatives of Arab and foreign companies.

Follow the obelisk

http://almasalah.com/ar/news/134732/بدء-ملتقى-فرص-الاستثمار-في-العراق
 

[yota691]

What after the forum of investment and reconstruction

 

Articles Samir Nusairi Samir Nusairi On the occasion of the Investment Forum and reconstruction in Iraq today So let to show some of the visions and proposals in activating the role of government and the partnership with the private sector in the implementation of planned projects which according to my view through the implementation of the roadmap after finishing the forum his and issue recommendations, as follows: -              1. the Government To improve the business environment in Iraq and provide an encouraging investment climate to attract national and foreign capital and encourage the achievement of partnerships between the public and private sectors.   2. Creating a new legislative environment based on Article 25 of the permanent constitution, which focuses on encouraging, motivating and developing the private sector to ensure its activation and leadership of the investment market, in particular granting it the flexibility and facilities to contribute to the programs and road map for reconstruction. 3. Sustain and activate partnership, dialogue and cooperation between the private sector and the government. The important activation of the law of the partnership and the suspension implemented several years ago.  4- The contribution of the private sector in the field of housing projects and infrastructure has been made available and it has previous successful experiences in implementing these projects.   5 - To encourage the establishment and development of small and medium enterprises to achieve comprehensive and sustainable development, including the formation of specialized institutions for this purpose. And the establishment of a national fund to finance these projects contribute to government and private banks.   7 - The Central Bank and banks complete the legal procedures to establish the national financing companies to finance the reconstruction and development projects, which contribute to the Islamic and commercial banks, government and private   8- Activating the role of specialized banks and private banks to provide soft loans to the national private sector as well as finding solutions to the problems of taxes and accrued interest incurred by the owners of the projects suspended due to failure to pay the dues of contractors, especially projects that achieved 50% or more and the development of a financial policy and monitoring allocations in the budget to complete this Projects   9 - The Central Bank of the classification of Iraqi banks according to international classification standards and that these banks are classified internationally to form partnerships with Arab and foreign banks and the establishment of financing partnerships and investment for development projects and reconstruction.                                      Views 6   Date Added 26/04/2018

[Butifldrm]

 

 

FEATUREDLATESTINVESTINGNEWS

Investment Licenses And Memoranda Of Understanding Signed At The Investment And Reconstruction Opportunities Forum In Baghdad

On April 26, 2018

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The Iraqi Center for Economic Transfer and cover the investment leaves and memorandums of understanding that took place in the Forum of investment and reconstruction opportunities in Baghdad today:

1. Rehabilitation and development of the central markets (Mustansiriya market, the market of justice and work 
, 
salihia and people) worth 205 million dollars, Daiku British company 2 - Muftiyah project in Basra (residential, entertainment, commercial) worth 234 million dollars, Daiko British 
3 - caustic soda complex And the $ 80 million salt production plant in Muthanna. Al-Ghaith Emirates Company 
4- Signing 3 memorandums of understanding with the Kuwaiti investor Jawad Bukhmasin to establish 3 hotels and commercial centers in Kadhimiya, Karbala and Samarra. 
5-star hotel and commercial center in Baghdad. 
6-e-government project via satellite. 
7 - Construction of the industrial city in Baghdad 
8 - expansion and development of Andalus Specialist Hospital in Baghdad 
9 - a branch of an international university specialized in Baghdad with an area of 25 acres - Al Hawadi Group UAE.

http://economiciraq.com/2018/04/26/الاجازات-الاستثمارية-ومذكرات-التفاه/

[nannab]

Good morning Butifldrm. 

[Butifldrm]

Good morning nanna 😊

 

 

150 foreign companies looking for investment opportunities in Iraq

 

 Twilight News    

 18 minutes ago

 

Shafaq News / Started in the Iraqi capital Baghdad, the work of the Investment Opportunities Forum organized by the National Investment Commission, with the participation of 150 companies representing 17 Arab and foreign countries. 

The one-day forum is the completion of a donor conference held last February in Kuwait, in which donor countries pledged $ 30 billion in reconstruction and construction. 

Iraq, through the organization of the forum, seeks to inform foreign investment companies about the opportunities available in Iraqi cities and provide the necessary guarantees to protect the capital of investors.

 
During the forum, the National Investment Authority signed 9 memorandums of understanding for investment projects with Kuwaiti, British and Emirati companies in the field of rehabilitation and construction of central markets, residential complexes and hotels in the governorates of Wasit, Basra, Baghdad and Salahuddin. 

In February, according to a study by Iraqi and international experts, the Iraqi government estimated the actual need to rebuild the country at $ 88.2 billion over 10 years. 

Infrastructure, especially water and electricity projects, health and education institutions and service institutions in the northern and western governorates, have been severely damaged over three years of fighting between government forces and the Daash organization, which controlled one-third of the country in mid-2014.

 

Keywords: 

http://www.shafaaq.com/ar/Ar_NewsReader/26015632-7113-4750-97c8-de9b200c8a09

[skeetdog]

Thanks Butifldrm...The Iraqi have got to be seeing all these opportunities available to them and...just like us...wondering WTF is the hold up on giving the dinar purchasing power...

[yota691]

International consensus on supporting Iraq economically

28/4/2018 12:00 am  At the crossroads of investment and reconstruction opportunities  Baghdad / morning work team  Once again, the world reacts with Iraq, which is moving towards a period of great construction and reconstruction in the liberated areas and the whole of the provinces, where there are great employment opportunities for local, regional and global companies looking to work throughout Iraq. Haider Al-Abbadi organized by the Economic and Reconstruction Group in the presence of 157 international and regional companies, 30 diplomatic bodies and a large crowd of businessmen and Iraqi companies.  The Forum witnessed the signing of a number of agreements and memorandums of understanding for a number of investment projects in a number of sectors, and organized on the sidelines of the Forum an exhibition of investment opportunities available in all regions of Iraq.  Comprehensive Development  The forum was opened with a speech by Prime Minister Dr. Haidar al-Abadi followed by Acting d. "The government's interest in the private sector stems from a clear vision for its role in achieving a great economic development to provide a comprehensive development guarantee that will raise the standard of living of citizens in the economic, health, educational, environmental and other sectors."  "The success of the Kuwait International Conference did not reflect the alignment of the countries of the world and the international organizations besides Iraq, but stressed the sincere desire and determination of dozens of Iraqi and foreign companies to enter the fields of investment in all provinces of the country." He pointed out that "the work continues to regulate the commitments made by States, and began serious discussions to implement these commitments, at a time we look forward to receive any proposals or problems facing investment."  It is worth mentioning that the forum is being held in light of the new stage Iraq is going through and the security and political stability it is witnessing. It aims at informing the Iraqi, Arab and international private sector institutions about the economic reality in Iraq and the new investment climate under the legislation and procedures adopted and adopting new economic orientations, Private sector and opportunities in key sectors, which will provide promising opportunities for the private sector, with the pillars of the economic reform program. Investment map Chairman of the National Investment Commission d. Sami Al-Araji said: "At the Kuwait conference we presented a package of projects that are in line with the 2018-2020 development plan. The projects represent an investment map for 2018, which included 120 small and large projects."  He pointed out that "this forum is an update of what was presented at the Kuwait Conference, where it presents new opportunities in Baghdad, in the presence of private sector Arab, local and global," noting that "the presence of more than 700 economic figures representing Iraq and the international economic community is an achievement for a country seeking development with the participation of the world". The development of the president of the General Federation of Chambers of Commerce and Industry and Arab Agriculture Nael al-Kabriti stressed that "Iraq's land is good and named good and has the spirit of permanent renewal, and after defeating terrorism, we give him greetings, and we with him to make tomorrow bright and Baghdad remains an environment conducive to human development." And called on everyone to go to invest in Iraq, which enjoys all the positive elements that help the success of the business in the presence of guarantees of encouraging "He  stressed that" Iraq needs to support his brothers, and therefore today we came to meet the appeal and support him to start construction reconstruction, Is unique to other Arab countries in providing all the elements of economic success and can promote rapid, pointing to "the importance of investment in production and the knowledge economy by moving towards young people and use their energies to create a promising future."  "The vision of Iraq 2020-2030 aims to increase the contribution of the private sector in the gross output to 45 percent through economic diversification, He pointed out that "the development plan is important and aims to establish the foundations of governance and partnership with the private sector and the development of infrastructure and the provinces and reduce poverty." An attractive environment for the President of the Economy Group and Business Raouf Abu Zaki said the "investment and reconstruction points are interconnected, Iraq needs challenges overcome in light of pushing the government toward reform , which promotes all the joints of the country and creates an attractive work and investment environment , " stressing that "Iraq is heading for the advancement of the economy , leaving behind the legacy of war And what it left behind. " He pointed out that "Iraq is one of the largest economies in the world, and occupies the fifth position in oil reserves and has human expertise has achieved remarkable achievements globally, especially approaching and can be useful in the next phase." Between " The head of the group of Bu Khamis Kuwaiti Jawad Bu Khamseen, he said on the sidelines of the signing of a memorandum of understanding with the National Investment Commission that "the reality of investment in Iraq has improved significantly and this was evident by the presence and work in Iraq since 2012 in the detailed religious tourism and today the construction of hotels In Kadhimiya, Karbala and Samarra in order to promote religious tourism. " Industrial partnerships specialist for industrial affairs in Ahmed Al - Attar said: " The exhibition , which like the other half of the forum show in most of his joints available investment opportunities, especially in the industrial sector in various haggle, where it can achieve international industrial partnerships that benefit to Iraq and international companies interested in partnership in Work within the country ". He pointed out that "the experiments of industrial production in cars, electricity, batteries and petrochemicals proved a success that needs to be strengthened, and this is possible in light of the availability of the elements of the promotion of industrial production, and this represents the most attention to the international effort and developed and provide the country." " The company representative of the smart card company said on the sidelines of the forum that" in light of the evolution of payment methods and financial transactions can attract attractive companies, which have a positive role in the world. " He explained that "the development of payment systems in Iraq has become an important necessity and this is what continues to work on adoption in the coming period, as everyone knows that the requirements of the development of economic activity requires the adoption of the best global systems and harmony  with them." Secretary General of the Iraqi Chamber of Commerce and Industry Sami Kashkul stressed that "the presence of such a large number of international companies in Iraq, a proof of the importance of Iraq on tourism international economy," pointing out that "the Chamber continues its work in proximity to the international effort to work in Iraq and open the horizons of investment New in all its joints ". "We have noticed an international desire to be within Iraq's promising work and enjoy the presence of major international companies," he said. Seriousness in the work concerned with economic affairs Aqeel Al - Nouri pointed out that " the past few days have seen Iraq 's interaction with major international companies in the financial sector, and today in the forum and found major international and regional companies have serious work inside Iraq."

[10 YEARS LATER]

On April 22, 2018 at 5:02 PM, Donziman said:

OMG another forum and another committee 

 

" Bless us for our intentions " ( results may vary )  

[yota691]

Video: Investors from all over the world gather under the umbrella of the General Secretariat of the Council of Ministers

 

Friday, April 27,

 

 

 

In addition to the resolutions of the Kuwait Conference, a number of investors from all over the world gathered in Baghdad to present their investment projects for the reconstruction of Iraq under the umbrella of the General Secretariat of the Council of Ministers.  Creating a fertile environment for investors and enacting legislation that would facilitate the routine procedures that hinder the work of investors in the country, the most prominent of what was made by the President of the Baghdad Provincial Council to proceed with the reconstruction of the affected areas.  "We must prepare an investment map, what is the geography of investment in Iraq and what priorities we need, we need to rebuild the infrastructure, especially in the areas where the income is urgent," said Riyadh al-Adadh, head of the Baghdad Provincial Council. (Spoken words)      The Iraqi government is keen to increase investment opportunities in the country to rebuild the affected areas by providing an environment conducive to them, namely the security situation and remove abuses that hinder the work of investors.  You can view the report on the video above.

[ChuckFinley]

23 hours ago, skeetdog said:

Thanks Butifldrm...The Iraqi have got to be seeing all these opportunities available to them and...just like us...wondering WTF is the hold up on giving the dinar purchasing power...

There is a lot of very positive events happening. They are going to start questioning this for sure skeetdog. Purchasing power better start moving higher.

[skeetdog]

1 hour ago, ChuckFinley said:

There is a lot of very positive events happening. They are going to start questioning this for sure skeetdog. Purchasing power better start moving higher.

I hear ya Chuck...It isn't like Iraq will fall on their face when they enter the world markets...Iraq actually has the support of the entire world....signed guarantee contacts...backing Iraq's newly formed private-sector successful economy...

[ChuckFinley]

28 minutes ago, skeetdog said:

I hear ya Chuck...It isn't like Iraq will fall on their face when they enter the world markets...Iraq actually has the support system" rel="">support of the entire world....signed guarantee contacts...backing Iraq's newly formed private-sector successful economy...

[yota691]

 

These are the recommendations of the Nineveh Reconstruction Conference ... most notably the reconstruction of the airport and the opening of government banks

Economie

13:56

Last updated

The time now is 02:02 PM

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Nineveh / Al-Ghad Press:

The Mosul Municipal Council announced on Saturday the end of the Ninewa Reconstruction and Investment Conference held in Mosul, the center of the province.

"The conference ended with recommendations to the federal government, including the opening of the real estate registration department and the opening of government banks in addition to the reconstruction of Mosul airport," Basma Basim, head of the council, told Al-Ghad Press.

"Among the decisions of the conference is to link the Investment Authority with the Prime Minister to avoid red tape, activate the basic design of Ninewa and train young graduates and non-graduates in the required fields," Basim said.

"It has been proposed to establish an economic council to be a link between the government of Mosul and the federal government in Baghdad."

[yota691]

BAGHDAD – hosts investors from all over the world to rebuild Iraq

 -

April 28, 2018

6

0

 

 

 

In addition to the decisions of the Kuwait Conference, a number of investors from all over the world gathered in Baghdad to present their investment projects for the reconstruction of Iraq under the umbrella of the General Secretariat of the Council of Ministers, which aims to create a fertile environment for investors and enact legislation to facilitate the routine procedures that hinder the work of investors in the country.

“We must prepare an investment map, what is the geography of investment in Iraq and what priorities we need, we need to rebuild the infrastructure, especially in the areas that the income has been encouraging,” said Riyadh al-Adadh, head of the Baghdad Provincial Council.

The Iraqi government recently focused on increasing investment opportunities in the country to reconstruct the affected areas by providing an environment conducive to them, represented by the security situation and remove abuses that hinder the work of investors.

[dinareffic]

BAGHDAD – hosts investors from all over the world to rebuild Iraq

In addition to the decisions of the Kuwait Conference, a number of investors from all over the world gathered in Baghdad to present their investment projects for the reconstruction of Iraq under the umbrella of the General Secretariat of the Council of Ministers, which aims to create a fertile environment for investors and enact legislation to facilitate the routine procedures that hinder the work of investors in the country.

“We must prepare an investment map, what is the geography of investment in Iraq and what priorities we need, we need to rebuild the infrastructure, especially in the areas that the income has been encouraging,” said Riyadh al-Adadh, head of the Baghdad Provincial Council.

The Iraqi government recently focused on increasing investment opportunities in the country to reconstruct the affected areas by providing an environment conducive to them, represented by the security situation and remove abuses that hinder the work of investors.

 en.economiciraq.com