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Intelli-nvest: Qatar Invests 5 Billion Dollars in Iraq, Foreign Investment Boosting Economy

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Intelli-nvest
Jun 15, 2023

“The Qatar News Agency quoted the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, today, Thursday (June 15, 2023), as saying that his country intends to invest five billion dollars in a number of sectors in Iraq in the coming years.

The Qatari emir arrived in Baghdad on an official visit, during which memorandums of understanding were signed to enhance cooperation in energy and investment projects.

In addition, a number of agreements have been concluded with the Qatari private sector in the fields of energy, electricity, and hotel and hospital management.

The statement said that the talks also included discussing initiatives to strengthen economic relations in the region, including supporting the development of the interconnection of the electricity network in the Gulf and linking it to the southern Iraqi network.” (Source: https://www.shafaq.com/)

https://www.youtube.com/watch?v=22sWb2hjvm8

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