With the participation of major companies.. an Iraqi-Emirati business forum to discuss investment projects
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Baghdad today - follow-up
Humaid Mohammed bin Salem, Secretary General of the Federation of Emirates Chambers, urged business owners and investors in the UAE and the Gulf Cooperation Council countries to take advantage of the investment opportunities that will be presented during the working sessions included in the first Gulf-Iraqi Business Forum, which is hosted by the Sharjah Chamber of Commerce and Industry during the 26th and 27th days. This September.
The Emirates News Agency (WAM) quoted Hamid Mohammed bin Salem as saying today, Sunday (September 17, 2023), that: “The forum will witness the discussion and presentation of several Iraqi investment projects in various economic sectors, in the presence of more than 350 Gulf and Iraqi figures, representing major companies and investment funds.” Gulf and Iraqi governments.
He added, "The investment opportunities that will be presented to Gulf investors and forum participants are focused on the sectors of agricultural investment, food security, transportation, logistics services, education, medical supplies, health care, energy, renewable energy, electrical connectivity, infrastructure, housing, finance, and banking."
Bin Salem stressed that the projects and opportunities that will be presented have a high added value and will provide great job opportunities for Iraqis, explaining that “the forum is organized by the Sharjah Chamber in cooperation with the Federation of Emirates Chambers, the Federation of Gulf Chambers and the Federation of Iraqi Chambers of Commerce and with the support of the General Secretariat of the Gulf Cooperation Council countries.” The Gulf aims to raise the level of Gulf-Iraqi cooperation with regard to the private sector, improve Gulf-Iraqi economic relations, and identify investment opportunities on both sides and the laws related to investment and facilities granted to business owners.
The forum seeks to open new horizons and markets for economic cooperation and trade exchange between the two sides and provide opportunities to exchange experiences and opportunities for joint cooperation in the fields of trade and joint projects through bilateral meetings that will be held between Iraq and a number of Arab Gulf countries.
Bin Salem pointed out, “The forum is fully supported by the Together Initiative for Partnerships recently launched by the Federation of Emirates Chambers with the International Development Bank from the Emirate of Sharjah, which hosts this forum, which reflects the depth of the historical fraternal relations that bind the two sides, which will form a solid foundation for strengthening relations.” Trade and investment to serve common interests, stressing the existence of a high-level interest in enhancing Gulf investments in Iraq to support the Iraqi economy.
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