Via Diplomatic Courier, an article on Iraqi Kurdistan which was once seen as a beacon of promise in the troubled country, but things have changed in recent years. Corruption and a disregard for rule of law are worrying for prospective international investors who are now avoiding Kurdistan: Iraq’s semi–autonomous Kurdistan Region, which was once seen […]
Read more »Courtesy of Reuters, a report on growing Gulf investment interest in Iraq: Gulf Arab states pledge more investment in Iraq Ties growing after decades of strained relations Iraqi economy improving, helped by relative stability Questions remain over Iran’s influence In Baghdad’s Green Zone, a heavily fortified legacy from Iraq’s war-torn years, the glitzy Qatar-financed Rixos […]
Read more »Via World Cargo News, a report on AD Ports Group joining forces with Iraq’s General Company for Ports to develop Al-Faw Grand Port, poised to offer a strategic alternative to the Suez Canal: Abu Dhabi-based AD Ports Group has signed a preliminary agreement with the General Company for Ports of Iraq (GCPI) to establish a joint […]
Read more »Via BNA Intellinews, a report that Iran and Iraq are teaming up to develop the Masjed Soleyman field: Iran has signed what it calls “the biggest deals in a decade” to develop six oil fields in the south and the west, a week after entering into $20bn contracts to boost pressure in the colossal South Pars […]
Read more »Via Bloomberg, a report on Iraq and Turkey’s efforts to convince Gulf states to help finance a $17 billion trade route stretching from Iraq’s Faw Port in its southern Basra province to Turkey, and then on to Europe: Ankara, Baghdad want to build a new trade route to Europe Deal comes as neighbors try to […]
Read more »A look at the Foreign Direct Investment (FDI) momentum leaders in 2024, courtesy of fDiInsights Annual FDI Standouts Watchlist. What does this mean for the everyday countries such as Cambodia, Philippines, Namibia, or Iraq? FDI or Foreign Direct Investment, is a critical economic indicator measuring international investment inflow. For #Namibia, for example, ranking 5th implies […]
Read more »