Over 20,000 jobs created by tourism investment in Kurdistan: Minister

Sasan Awni, a KRG minister, said that over 20,000 jobs, “80 percent of which are filled by the local workforce,” have been created by tourism projects.

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European development bank makes inaugural Iraq investment with $100-million trade facility 

The new trade facility is expected to boost Iraq’s import and export activities, the EBRD said in a statement, adding that it will support NBI, Iraq’s largest private bank, in issuing guarantees and offering cash advances for imports, exports, and local distribution of goods under EBRD’s Trade Facilitation Programme (TFP).

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Sudani announces $450 billion worth of investment opportunities in Iraq

The Iraq Investment Forum, under the patronage of Iraqi Prime Minister Mohammed Shia’ al-Sudani, "brings together senior business leaders, investors, and investment sector officials from numerous countries to explore exceptional investment opportunities in Iraq," according to its website.

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Kurdistan Region to issue 200 investment permits by year end: Official

Around 63 percent of the total investment capital in the Kurdistan Region is domestic, more than 36 percent is foreign capital, while co-investment partnerships constitute 0.27 percent of the total number.

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World Bank’s IFC to invest $600 million in Iraq’s Umm Qasr Port

The International Finance Corporation (IFC), a member of the World Bank Group, signed contracts worth over $1 billion USD with the Iraqi government and private companies, including investment contracts in Basra's Umm Qasr Port.

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High-level Emirati delegation arrives in Erbil

The UAE’s investment in the Kurdistan Region is reportedly valued at over $3.3 billion.

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PM Sudani discusses Baghdad airport renovation, lauds high investment in Iraq

Iraqi Prime Minister Mohammed Shia' al-Sudani said that Iraq has attracted more than $100 billion in foreign investment over the past two years, saying that “this is a message that Iraq is a safe and attractive environment for investment."

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Baghdad to embrace first-of-its-kind investment forum

A seminal investment forum is to be held in the Iraqi capital in mid-July seeking to "accelerate economic development in the country" and showcase Iraq's potential as an investment destination.

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Over 3,600 foreign companies operate in Kurdistan Region: Official

Efforts by Kurdish politicians to attract investors and promote the Region as a hub for international business have seen an influx of investment from abroad, with 134 new foreign companies having registered since January.

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