Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Saudi companies prepare to launch giant investments soon in Iraq


yota691
 Share

Recommended Posts

  •  Time: 05/13/2021 12:03:38
  •  
  •  Read: 4,095 times
Saudi companies prepare to launch giant investments soon in Iraq
  
{Economist: Al Furat News} Saudi businessmen revealed that Saudi companies are close to launching giant investments soon in Iraq in the areas of manufacturing industries, indicating that there are promising opportunities for Saudi products of building materials and food in the Iraqi market.
 

The businessmen explained in a press statement that "some Saudi companies specialized in raising livestock and cows have presented to the Iraqi government the idea of investing 4 million dunums in the Western Desert located between Anbar Governorate, passing through the cities of Karbala and Najaf to the Samawah Desert, with a contract extending for more than 50 years to cultivate." agricultural and cattle breeding crops.
for his part, Mohammed predicted leader Vice Chamber of Commerce and industry Chairman of Riyadh, to witness the Saudi - Iraqi relations prospects welcome , especially in the field of economic, commercial and investment cooperation, pointing out that the visit of Prince Khalid bin Salman , deputy Minister of Defense, Iraq, come under Continuous integration, communication and coordination between the two countries, pointing out that it is a visit that supports closer relations at all levels, including economic ones.
The guide added that "the opportunities for integration between the Kingdom and Iraq are great." Other areas that we will soon see their fruits ... The Iraqi market is large and Saudi products are well received in it. "
For his part, Abdullah Al-Melehi, President of {Tamayouz} said: "There are promising opportunities for Saudi products in the Iraqi market, as the Iraqi market is one of the great opportunities for Saudi products. In sharing borders with Saudi Arabia, an opportunity to export the Saudi product with the facilities provided by the Kingdom through The Saudi exports program to open new markets for manufacturers in the Kingdom, in addition to supporting the Kingdom’s government and the leadership’s keenness to build relationships in various fields.
Al-Melehi added: “The Iraqi market is promising and there are many export opportunities that national companies can benefit from,” adding that “the volume of Saudi non-oil exports to the Republic of Iraq amounted to 2.6 billion riyals ($ 693.3 million) during the past year 2020, while topping the list of the most prominent sectors. The exported building materials activity amounted to 859 million riyals (229 million dollars), and the foodstuff activity with a value of 790 million riyals (210.6 million dollars). "
Al-Melehi pointed out that "there is a tendency to offer investments in the field of oil and gas to Saudi companies, indicating that discussions are underway with the concerned authorities to clarify investment opportunities, as investors are always looking for specific opportunities or privileges to bring them to the market, especially after the Saudi Export Bank announced granting investors financing in this field." Exports are a factor that attracts investors, "noting that" both Saudi Arabia and the UAE have allocated more than 6 billion dollars to invest in Iraqi lands, strengthen economic relations and create new opportunities for cooperation and partnership. "
Al-Melehi explained that "there are Saudi investment projects currently in the Iraqi cities of (Anah) and (Al-Qaim)," indicating that "there are investments that Saudi companies will soon launch in Iraq in the fields of manufacturing, agriculture and various projects, while Saudi investment companies offered specializing in livestock breeding and cows on the Iraqi government 's idea to invest 4 million acres in located between the Anbar province , passing through the cities of Karbala , Western Sahara and Najaf access to the desert of Samawah, a contract extends to more than 50 years for the cultivation of agricultural crops and cattle breeding.
He Malihi: "among the investments The Emirati and Saudi companies will implement them by producing some domestic industries in Iraq, as joint factories between Iraq and these two countries will be implemented ... Also one of the most important investment projects is the interest in electric power projects from Saudi Arabia and the United States.
Ammar Al-Masoudi

  • Upvote 4
  • Pow! 7
Link to comment
Share on other sites

1 minute ago, yota691 said:
  •  Time: 05/13/2021 12:03:38
  •  
  •  Read: 4,095 times
Saudi companies prepare to launch giant investments soon in Iraq
  
{Economist: Al Furat News} Saudi businessmen revealed that Saudi companies are close to launching giant investments soon in Iraq in the areas of manufacturing industries, indicating that there are promising opportunities for Saudi products of building materials and food in the Iraqi market.
 

The businessmen explained in a press statement that "some Saudi companies specialized in raising livestock and cows have presented to the Iraqi government the idea of investing 4 million dunums in the Western Desert located between Anbar Governorate, passing through the cities of Karbala and Najaf to the Samawah Desert, with a contract extending for more than 50 years to cultivate." agricultural and cattle breeding crops.
for his part, Mohammed predicted leader Vice Chamber of Commerce and industry Chairman of Riyadh, to witness the Saudi - Iraqi relations prospects welcome , especially in the field of economic, commercial and investment cooperation, pointing out that the visit of Prince Khalid bin Salman , deputy Minister of Defense, Iraq, come under Continuous integration, communication and coordination between the two countries, pointing out that it is a visit that supports closer relations at all levels, including economic ones.
The guide added that "the opportunities for integration between the Kingdom and Iraq are great." Other areas that we will soon see their fruits ... The Iraqi market is large and Saudi products are well received in it. "
For his part, Abdullah Al-Melehi, President of {Tamayouz} said: "There are promising opportunities for Saudi products in the Iraqi market, as the Iraqi market is one of the great opportunities for Saudi products. In sharing borders with Saudi Arabia, an opportunity to export the Saudi product with the facilities provided by the Kingdom through The Saudi exports program to open new markets for manufacturers in the Kingdom, in addition to supporting the Kingdom’s government and the leadership’s keenness to build relationships in various fields.
Al-Melehi added: “The Iraqi market is promising and there are many export opportunities that national companies can benefit from,” adding that “the volume of Saudi non-oil exports to the Republic of Iraq amounted to 2.6 billion riyals ($ 693.3 million) during the past year 2020, while topping the list of the most prominent sectors. The exported building materials activity amounted to 859 million riyals (229 million dollars), and the foodstuff activity with a value of 790 million riyals (210.6 million dollars). "
Al-Melehi pointed out that "there is a tendency to offer investments in the field of oil and gas to Saudi companies, indicating that discussions are underway with the concerned authorities to clarify investment opportunities, as investors are always looking for specific opportunities or privileges to bring them to the market, especially after the Saudi Export Bank announced granting investors financing in this field." Exports are a factor that attracts investors, "noting that" both Saudi Arabia and the UAE have allocated more than 6 billion dollars to invest in Iraqi lands, strengthen economic relations and create new opportunities for cooperation and partnership. "
Al-Melehi explained that "there are Saudi investment projects currently in the Iraqi cities of (Anah) and (Al-Qaim)," indicating that "there are investments that Saudi companies will soon launch in Iraq in the fields of manufacturing, agriculture and various projects, while Saudi investment companies offered specializing in livestock breeding and cows on the Iraqi government 's idea to invest 4 million acres in located between the Anbar province , passing through the cities of Karbala , Western Sahara and Najaf access to the desert of Samawah, a contract extends to more than 50 years for the cultivation of agricultural crops and cattle breeding.
He Malihi: "among the investments The Emirati and Saudi companies will implement them by producing some domestic industries in Iraq, as joint factories between Iraq and these two countries will be implemented ... Also one of the most important investment projects is the interest in electric power projects from Saudi Arabia and the United States.
Ammar Al-Masoudi

I like the sound of this

  • Like 2
  • Upvote 5
Link to comment
Share on other sites

1 minute ago, Half Crazy Runner said:

So all the big companies and Saudi Arabia now investing in Iraq, do they have inside intel that Iraq is going to make some serious changes with their currency and go international, or are they just hoping and speculating like we are ...? 

 

There is an old saying about investors...."those that don't know, don't go".....hope that is the case here.  :peace:

  • Thanks 2
  • Upvote 9
  • Pow! 1
Link to comment
Share on other sites

2 hours ago, Half Crazy Runner said:

So all the big companies and Saudi Arabia now investing in Iraq, do they have inside intel that Iraq is going to make some serious changes with their currency and go international, or are they just hoping and speculating like we are ...? 

Maybe a result of the "Abraham Accord".

  • Like 1
  • Upvote 1
  • Pow! 2
Link to comment
Share on other sites

5 minutes ago, malia said:

Maybe a result of the "Abraham Accord".

We know peace in the middle-east is right around the corner. Kushners Abraham Accord is the best agreement ever created for peace. Wont be long now, Trumps return should be soon!

Im wondering if Isreal is going to permanently occupy all of Palestines land??

  • Thanks 1
  • Upvote 6
  • Downvote 1
  • Pow! 3
Link to comment
Share on other sites

So Longtimelurker you agree with the "Jews" taking all of the land from the Palestinians? Those "Jews" occupied that land around 1948 and it has been Hell every since which caused the Oil Embargo of 1972 because the US supports it. (Not surprising coming from a Country built on slavery) They have taken the land because they have the bigger guns! There is nothing Holy about the whole war it is overt theft. Since you agree with what is wrong it is fare to say Adolf Hitler was justified in burning them in the furnace! If the shoe was on the other foot you would be outraged! Wrong is wrong but you support it. Like I said man is the devil not some mutant that is in the ground with a tale and a pitch fork!! I am not Palestinian or religious I believe in what is right regardless of color, nationality or gender!  Damn, they could at least split the land in half and call it day,,,Geesshhh!! 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Upvote 1
  • Downvote 10
Link to comment
Share on other sites

39 minutes ago, GreedyDinar07 said:

So Longtimelurker you agree with the "Jews" taking all of the land from the Palestinians? Those "Jews" occupied that land around 1948 and it has been Hell every since which caused the Oil Embargo of 1972 because the US supports it. (Not surprising coming from a Country built on slavery) They have taken the land because they have the bigger guns! There is nothing Holy about the whole war it is overt theft. Since you agree with what is wrong it is fare to say Adolf Hitler was justified in burning them in the furnace! If the shoe was on the other foot you would be outraged! Wrong is wrong but you support system" rel="">support it. Like I said man is the devil not some mutant that is in the ground with a tale and a pitch fork!! I am not Palestinian or religious I believe in what is right regardless of color, nationality or gender!  Damn, they could at least split the land in half and call it day,,,Geesshhh!! 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Please explain to me why you are assuming I agree with Isreal taking over Palestines land. 

  • Like 3
  • Pow! 1
Link to comment
Share on other sites

27 minutes ago, shydude said:

Go to the Bible.... that land was for the Jews to begin with and there was no mention of Palestinians during that time. 

America was the native s until Europeans took it, why aren't we working on giving it back to them? That's is in way more reliable history books than the bible.

Show me the money!! GO RV!!!! 

  • Haha 1
  • Upvote 1
  • Downvote 5
Link to comment
Share on other sites

7 hours ago, Half Crazy Runner said:

So all the big companies and Saudi Arabia now investing in Iraq, do they have inside intel that Iraq is going to make some serious changes with their currency and go international, or are they just hoping and speculating like we are ...? 

I don’t know about inside intel, but the Saudis just shouldered Iran out of the way so they can actually do something for Iraq for a change. A real partner for a change!!   I am pretty sure the Saudis are not going to leech the blood out of Iraq like Iran tries to do!!! Before long Iraq will be totally self sufficient. They won’t even be calling on Iran to buy some electricity off of them!!! Im just praying Biden doesn’t somehow find a way to screw it up for us. I’m not even sure why he is keeping Executive Order 13303 in place. That makes me a little nervous….

  • Like 1
  • Thanks 2
  • Haha 1
  • Upvote 5
Link to comment
Share on other sites

5 hours ago, Longtimelurker said:

Im wondering if Isreal is going to permanently occupy all of Palestines land??

The Palestinians never had land, never had a country. They were nomads. Israel is just taking back land promised to them. 

  • Like 1
  • Upvote 2
  • Pow! 9
Link to comment
Share on other sites

22 hours ago, yota691 said:
  •  Time: 05/13/2021 12:03:38
  •  
  •  Read: 4,095 times
Saudi companies prepare to launch giant investments soon in Iraq
  
{Economist: Al Furat News} Saudi businessmen revealed that Saudi companies are close to launching giant investments soon in Iraq in the areas of manufacturing industries, indicating that there are promising opportunities for Saudi products of building materials and food in the Iraqi market.
 

The businessmen explained in a press statement that "some Saudi companies specialized in raising livestock and cows have presented to the Iraqi government the idea of investing 4 million dunums in the Western Desert located between Anbar Governorate, passing through the cities of Karbala and Najaf to the Samawah Desert, with a contract extending for more than 50 years to cultivate." agricultural and cattle breeding crops.
for his part, Mohammed predicted leader Vice Chamber of Commerce and industry Chairman of Riyadh, to witness the Saudi - Iraqi relations prospects welcome , especially in the field of economic, commercial and investment cooperation, pointing out that the visit of Prince Khalid bin Salman , deputy Minister of Defense, Iraq, come under Continuous integration, communication and coordination between the two countries, pointing out that it is a visit that supports closer relations at all levels, including economic ones.
The guide added that "the opportunities for integration between the Kingdom and Iraq are great." Other areas that we will soon see their fruits ... The Iraqi market is large and Saudi products are well received in it. "
For his part, Abdullah Al-Melehi, President of {Tamayouz} said: "There are promising opportunities for Saudi products in the Iraqi market, as the Iraqi market is one of the great opportunities for Saudi products. In sharing borders with Saudi Arabia, an opportunity to export the Saudi product with the facilities provided by the Kingdom through The Saudi exports program to open new markets for manufacturers in the Kingdom, in addition to supporting the Kingdom’s government and the leadership’s keenness to build relationships in various fields.
Al-Melehi added: “The Iraqi market is promising and there are many export opportunities that national companies can benefit from,” adding that “the volume of Saudi non-oil exports to the Republic of Iraq amounted to 2.6 billion riyals ($ 693.3 million) during the past year 2020, while topping the list of the most prominent sectors. The exported building materials activity amounted to 859 million riyals (229 million dollars), and the foodstuff activity with a value of 790 million riyals (210.6 million dollars). "
Al-Melehi pointed out that "there is a tendency to offer investments in the field of oil and gas to Saudi companies, indicating that discussions are underway with the concerned authorities to clarify investment opportunities, as investors are always looking for specific opportunities or privileges to bring them to the market, especially after the Saudi Export Bank announced granting investors financing in this field." Exports are a factor that attracts investors, "noting that" both Saudi Arabia and the UAE have allocated more than 6 billion dollars to invest in Iraqi lands, strengthen economic relations and create new opportunities for cooperation and partnership. "
Al-Melehi explained that "there are Saudi investment projects currently in the Iraqi cities of (Anah) and (Al-Qaim)," indicating that "there are investments that Saudi companies will soon launch in Iraq in the fields of manufacturing, agriculture and various projects, while Saudi investment companies offered specializing in livestock breeding and cows on the Iraqi government 's idea to invest 4 million acres in located between the Anbar province , passing through the cities of Karbala , Western Sahara and Najaf access to the desert of Samawah, a contract extends to more than 50 years for the cultivation of agricultural crops and cattle breeding.
He Malihi: "among the investments The Emirati and Saudi companies will implement them by producing some domestic industries in Iraq, as joint factories between Iraq and these two countries will be implemented ... Also one of the most important investment projects is the interest in electric power projects from Saudi Arabia and the United States.
Ammar Al-Masoudi

This is about to pop

  • Upvote 2
  • Pow! 2
Link to comment
Share on other sites

I think there is a little more clean up with the criminal elites and bad actors on aisle G for Global

and aisle A for America.

Heard there was a real Bru ha ha at the Pentagon earlier in the week with all the 4 Star generals.

I guess they arrested 2 top brasses asses. 

Miley was one of them. Can't remember the other one. But I guess they put up some resistance.

Boy would I like to have a fly on that wall. 4 star brass acting like a fraternity brawl. Great scene for a movie.

Only this show is probably real.

They have to clean house too. No more chem trails please!!

I think the debris has been cleaned up just a mop up job now.

This I feel this is the reason for the stall and not hearing from Adam.

I am very hopful. Have to be!! Otherwise we are just plain screwed.

It's Going to be an Awesome 4th of July at Mt Rushmore!!

Go USA!!

  • Confused 1
  • Upvote 1
  • Pow! 2
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.