Can you invest in Iraq?

Can you invest in Iraq?

Foreign investment in Iraq is protected Investment in Iraq continues with many international players injecting billions of dollars into the country, as a result of the Investment Law in 2006 granting foreign investors the same rights as Iraqis.

What is the main industry in Baghdad?

Iraq – Industry Main industries are oil refining, food processing, textiles, leather goods, cement and other building materials, tobacco, paper, and sulfur extraction.

Is the Iraq Stock Exchange open?

The trading floor is currently open six hours a week: Sunday, Tuesday, and Thursday from 10:00 a.m. to 12:00 noon. The ISX opened to foreign investors on August 2, 2007. It has been unaffected by the Economic crisis of 2008. On April 19, 2009, the ISX switched to electronic trading.

What is the largest industry in Iraq?

What Are The Biggest Industries In Iraq?

• Petroleum. Iraq plays a significant role in the international oil market.
• Agricultural. Agriculture accounts for about 7% of the Iraqis GDP and has employed 21.6% of the workforce either directly or indirectly.
• Service. The service sector contributes about 40.6% of Iraq’s GDP.

How can I invest in ISX?

Account Opening and Trading on the ISX

1. You need to open an account with Aljazera Brokerage Company to invest on the ISX .
2. The minimum initial wire to fund the account and invest on the ISX is $10,000USD .
3. Each subsequent incoming wire transfer is no less than $1,000USD .

Are there any good investment opportunities in Iraq?

Investment opportunities found in Iraq today vary in terms of type, size, scope, sector, and purpose. the door is wide open for all investors who wish to hold investment projects in Iraq,; projects that would meet the growing needs of the Iraqi population in different sectors. In this map, we provide a…

What is the National Investment Commission in Iraq?

The National Investment Commission (the “NIC”) is committed to bringing opportunities to the investor community that are essential to the Iraqi citizens, provide growth and development for the country and offer significant returns on investment. In line with these goals, we at the National Investment Commission are proud to be presenting this…

What kind of projects are being done in Iraq?

Along with the economic reform of Iraq, international projects have been implemented to repair and upgrade Iraqi water and sewage treatment plants, electricity production, hospitals, schools, housing, and transportation systems. Much of the work has been funded by the Iraq Relief and Reconstruction Fund, and the Coalition Provisional Authority.

When did Iraq start investing in its infrastructure?

During the 1970s Iraq made extensive investment in the water sector and other infrastructure using the proceeds of oil revenue. This investment slowed during the Iran-Iraq War of 1980 to 1988, but left Iraq in 1990 with a relatively modern electrical, water supply and sewerage system.