Iraq attracts Qatari investors

Baghdad (IraqiNews.com) – Prime Minister Mohammed Al-Sudani of Iraq welcomed a delegation of businesspeople and investors from Qatar, led by Sheikh Nawaf Bin Nasser Al-Thani.

Al-Sudani highlighted Iraq’s commitment to economic openness throughout the discussion, both locally and globally.

The Iraqi Prime Minister emphasized the Iraqi government’s commitment to forging alliances in the investment sector, with a focus on maximizing the available business prospects. Initiatives involving renewable energy are among these prospects, as is the strategic use of petrochemicals and natural gas.

Furthermore, Al-Sudani stressed the Iraqi government’s initiatives to create a welcoming and alluring investment environment designed to draw both local and international financiers to Iraq as well as its steadfast commitment to achieving an economic revival that will quicken the nation’s growth trajectory.

According to the Prime Minister’s office, Sheikh Nawaf Bin Nasser Al-Thani noted the Qatari government’s desire to work with well-known Qatari businesses while pointing out that Iraq has now developed into a favorable environment for investment.

Sheikh Nawaf, a relative of Qatar’s royal family, serves as Chairman of Nasser Bin Khaled (NBK) Holding, Al Wa’ab City, Doha Insurance Company, and Nasser Bin Nawaf & Partners Holdings. Additionally, Sheikh Nawaf is a board member of the Qatari Business Association.

Leading UAE investors and representatives of the US-Iraqi Business Council paid a visit to Baghdad earlier this week, proving that Iraq is welcoming foreign investment and diversifying its economy away from Iranian interests.