American Expert: Iraq Is Witnessing Remarkable Development.
September 29, 2025 Baghdad – Ibtihal Al-Arabi Maysan – Ali Qasim Al-Kaabi The Economic Advisor at the US Embassy, Eric Camus, confirmed that Iraq has achieved remarkable progress in the reconstruction sector, especially in the capital. He pointed out that there are significant investment opportunities for Iraq to attract foreign investment and enhance economic diversification.
This was during the Iraq Investment Forum, which was hosted in Baghdad over the past two days, under the patronage of the Prime Minister.
Camus said at the conference yesterday, “The US government sees Iraq as a promising investment, and private partnerships encourage American investment.”
He indicated that “there are reform steps in the economic field, including the launch of a single window for company registration, the banking reform initiated by the Iraqi government, and the expansion of the electronic payment system.
” Camus stressed that “the digital system reduces reliance on cash, ensuring transparency, and also represents a good reform and a major transformation,” noting that “the security environment in Iraq is witnessing stability compared to what it was a decade and a half ago.”
The international forum presented more than 150 investment opportunities in various sectors, according to the head of the Iraqi Economic Council, Ibrahim al-Baghdadi.
In a statement followed by Al-Zaman yesterday, he said, “The forum constitutes an important event to showcase ready investment opportunities, as Iraq is fertile ground for investment in many fields, given its important geographical location, and a land rich in opportunities for investment projects.”
Al-Baghdadi explained that, “The forum guarantees a wide opportunity for companies and businessmen to meet with global and regional banks and financing funds, and to hold direct bilateral meetings with ministries and investment bodies in Iraq, in addition to economic and investment meetings of regional and international interest.”
Iraq is witnessing economic and investment expansion by strengthening its regional and international partnerships, according to the Prime Minister’s Advisor for Investment Affairs, Mohammed Al-Najjar, who stated yesterday that, “Iraq is experiencing its best conditions in 40 years,” noting that, “The forum represents a gateway to attracting international interest in the field of expanding partnerships that feed the economy.”
Al-Najjar explained that, “Iraq is witnessing economic, political and security stability, the best of which it has not witnessed in four decades.”
In a related development, Iraq recently signed a number of memoranda of understanding with Arab and international countries, as part of its efforts to enhance international cooperation to promote economic development. Iraq signed contracts with Saudi Arabia, Egypt, the UAE, Jordan, the United States, and the United Kingdom, as well as China, Russia, Japan, and the Czech Republic, in the fields of air transport, oil, industry, security, and chambers of commerce, under the auspices of Prime Minister Mohammed Shia al-Sudani.
The Prime Minister’s Financial Advisor, Mazhar Mohammed Salih, emphasized that “the memoranda of understanding are an essential diplomatic tool, reflecting the government’s desire to enhance cooperation with countries around the world in many key areas, not limited to strengthening economic relations only, but also encompassing security, technical, and scientific coordination, as well as cooperation in the fields of infrastructure development, energy, health, and education.
” He indicated that “Iraq is moving towards enhancing international cooperation and developing the national economy.”
Furthermore, Maysan Governorate has begun distributing the first batch of residential plots to the residents of Al-Majar Al-Kabir District, in accordance with the directives of its Governor, Habib Al-Fartousi.
The governor’s office said in a statement received by Al-Zaman yesterday that “the head of the higher committee for the allocation of residential plots in the province has ordered the distribution of the first batch of lands among the beneficiaries, including the families of martyrs, the wounded, members of the Popular Mobilization Forces, those who died during service, and retirees.
” He added that “the first batch includes 950 residential plots, while the second batch will start early next October, after completing the approval procedures.”
For his part, the Minister of Defense, Thabet Al-Abbasi, laid the foundation stone for the establishment of a residential neighborhood for army personnel in the province.
A statement from the minister’s office received by Al-Zaman yesterday explained that “the foundation stone was laid for the Heroes Residential City, in the former Corps area, to serve officers, personnel, and employees of the ministry in Maysan.” LINK
Iraq Stock Exchange: Shares Traded Worth More Than Four Billion Dinars In One Week.
Monday, September 29, 2025, | Economics Number of reads: 198 Baghdad / NINA / The Iraq Stock Exchange announced, on Monday, the trading of shares worth more than 4 billion dinars during the past week.
The market stated, in a report, that “the number of companies whose shares were traded during the past week amounted to 65 joint-stock companies, while the shares of 28 companies were not traded due to the lack of matching of buy and sell orders, while 11 companies remain suspended for not providing disclosure, out of 104 companies listed in the market.”
It added that “the number of traded shares amounted to 4 billion, 752 million, and 441 thousand shares, a decrease of 11% compared to the previous week, with a financial value of 6 billion, 665 million, and 508 thousand dinars, an increase of 46% compared to the previous week through the execution of 4,512 transactions,” noting that “the ISX60 traded price index closed at 963.79 points, recording a decrease of 0.05% compared to its closing in the previous session.”
He pointed out that “the number of shares purchased by non-Iraqi investors last week amounted to 168 million shares, with a financial value of 380 million dinars, through the implementation of 79 transactions.
The number of shares sold by non-Iraqi investors amounted to 66 million shares, with a financial value of 159 million dinars, through the implementation of 65 transactions, according to the market report.
It is noteworthy that the Iraq Stock Exchange organizes five trading sessions weekly from Sunday to Thursday, and 104 Iraqi joint-stock companies are listed on it, representing the sectors of banking, communications, industry, agriculture, insurance, financial investment, tourism, hotels and services. /End https://ninanews.com/Website/News/Details?key=1254360
American Companies Are Heading To Invest In Iraqi Oil And Gas Fields.
Energy Ali Razouki, Deputy Director of the Prime Minister’s Office and Chairman of the Supervisory Committee of the Iraq Investment Forum, announced on Monday that American companies are interested in investing in oil and gas fields in Iraq, noting that the forum has achieved significant success.
Razouki said, “The Iraq Investment Forum has witnessed remarkable successes by attracting major international companies in the fields of oil, industry, agriculture, and other investment sectors.” He explained that, “This success reflects Iraq’s security and economic stability, which creates an attractive environment for investors.”
He added, “The National Investment Commission previously indicated its success in attracting no less than $100 billion in local and foreign capital, but this figure is expected to rise steadily after the forum.”
He continued, “The forum included dialogue sessions with a number of specialists to explain Iraq’s investment philosophy and the directions of the relevant ministries, in addition to holding workshops that highlighted available investment opportunities in cooperation with relevant companies.” He emphasized that “the forum resulted in the referral of several investment opportunities to international and local companies, which is a tangible achievement.”
Razouki pointed out that “after this forum, Iraq witnessed widespread competition among companies for investment opportunities,” explaining that “areas that were globally classified as ‘Red Zones’ are now open to investment after doubts about them were removed.”
He noted that “American companies have headed to Anbar province to invest in some oil and gas fields,” stressing that “the coming period will witness increased activity in this direction.” https://economy-news.net/content.php?id=60534
Minister Of Transport To NINA: These Are Our Investment Opportunities, And Our Goal Is To Diversify The Economy’s Resources And Reduce Dependence On Oil
Monday, September 29, 2025, | Economics Number of reads: 312 Baghdad / NINA / The Ministry of Transport has outlined its most important new investment opportunities, which are expected to generate significant national revenues for Iraq.
Minister of Transport, Razzaq Al-Saadawi, said in a statement to the National Iraqi News Agency ( NINA ), that “the Ministry of Transport presented several new investment opportunities during the Iraq Investment Forum, which is an important platform for showcasing investment opportunities to Arab and foreign investors, the most important of which is the Strategic Development Road Project and the Grand Faw Port, which enjoy significant international support and direct local support from the Prime Minister.”
He added, “One of the most important goals of the Development Road Project is to diversify the national economy’s resources, reduce dependence on oil and gas, and create regional and international economic integration. It will also provide 1.5 million jobs and achieve 70% food, water, and energy self-sufficiency through sustainable green initiatives.”
The Minister of Transport confirmed that the government’s vision aims for Iraq to be “a gateway for 20% of Asia’s trade to Europe, through the Faw Port project and the development road,” indicating that “the development road is an economic artery that crosses continents, and includes the establishment of a network of highways and railways with a length exceeding 1,160 kilometers, starting from the Grand Faw Port and reaching the Fishkhabur crossing on the border with Turkey, passing through 12 major cities serving more than 27 million citizens.” https://ninanews.com/Website/News/Details?Key=1254372
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