Report

rss

Iraq News

Kurdistan

Economy

World

All News

Al-Kadhimi from UAE: Iraq boosts Bold measures to facilitate investments

Category: Iraq News

Date: 2021-04-04T14:56:44+0000
Al-Kadhimi from UAE: Iraq boosts Bold measures to facilitate investments

Shafaq News/ The Prime Minister of Iraq, Mustafa al-Kadhimi, said that "dire and complicated" circumstances impeded development and services in Iraq, highlighting "bold measures" taken by his government to boost the economy.

PM al-Kadhimi stated upon meeting a group of Emirati companies and investors in Abu Dhabi, "Iraq experienced dire and complicated circumstances that hampered development and services," adding, "Iraq is the crib of civilization. Diversity in Iraq is a strength for us, and it deserves endorsing efforts to serve its citizens."

"The Iraqi Government made bold decisions in finance, economics, and development. The Iraqi economy is gradually recovering."

Al-Kadhimi referred to the reform paper prepared to enhance the private sectors, stressing that Iraq welcomes Emirati investors and companies.

He continued, "The government issued several decrees to eliminate bureaucracy and provide facilities to the governments," highlighting its efforts in the field of clean energy.

The Emirati investors praised the substantial improvements introduced by al-Kadhimi's government, expressing their willingness to invest in Iraq in various sectors. 

Al-Kadhimi embarked to UAE on an official visit in an effort to forge close ties with oil-rich Gulf Arab monarchies.

Khadimi's visit to the UAE follows one to Saudi Arabia last week, during which Riyadh said it would increase investments in Iraq by five-fold to $2.67 billion.

related

The Iraqi Forces Alliance applauds al-Kadhimi's visit to UAE

Date: 2021-04-04 13:34:27
The Iraqi Forces Alliance applauds al-Kadhimi's visit to UAE

UAE's Crown Prince underlines his country's commitment to Iraq's stability upon meeting al-Kadhimi

Date: 2021-04-04 17:04:23
UAE's Crown Prince underlines his country's commitment to Iraq's stability upon meeting al-Kadhimi

Political blocs to interrogate the PM for “failure in all security, economic, services, and health fronts”

Date: 2021-07-14 10:28:57
Political blocs to interrogate the PM for “failure in all security, economic, services, and health fronts”

PM al-Kadhimi receives in Baghdad the NATO Secretary-General

Date: 2021-05-18 14:28:02
PM al-Kadhimi receives in Baghdad the NATO Secretary-General

PM Barzani congratulates al-Kadhimi for the success of the elections

Date: 2021-10-10 16:59:03
PM Barzani congratulates al-Kadhimi for the success of the elections

PM al-Kadhimi orders intensive security measures ahead of the elections 

Date: 2021-08-04 15:54:22
PM al-Kadhimi orders intensive security measures ahead of the elections 

Iraq signs five agreements with Saudi Arabia

Date: 2021-03-31 19:20:24
Iraq signs five agreements with Saudi Arabia

Iraq MoFA invites UAE to resume the activities of the joint committee

Date: 2021-10-18 17:44:15
Iraq MoFA invites UAE to resume the activities of the joint committee